For sale
Photo 1 of 26$1,400,000
For sale219 31st Street, West Palm Beach FL 33407
3 beds2 baths1,130 sq ftBuilt 1940MLS# B26085504
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About this property
219 31st Street | Northwood Shores RARE NORTHWOOD SHORES DEVELOPMENT OPPORTUNITY — INCOME TODAY, BUILD TOMORROW. Offered furnished, 219 31st Street presents a unique opportunity to acquire an existing Airbnb/short-term rental property together with a complete set of plans for an exceptional new luxury residence of approximately 4,000 square feet under air, with a projected completed value of $4 million+. Located in highly desirable Northwood Shores, the property offers the flexibility to operate the existing furnished residence as a short-term or seasonal rental while preparing for future development. The sale includes the fully paid architectural, civil and landscape plans for a thoughtfully designed luxury home created specifically for this property. The proposed residence has been designed with approximately 4,000 square feet under air, 5 bedrooms, a pool, multiple outdoor living spaces and garage, blending distinctive architecture with the indoor-outdoor lifestyle today's West Palm Beach buyer desires. The striking design features arched windows and architectural details, balconies, expansive entertaining areas and a private pool setting. For a developer, investor or end user, much of the difficult upfront work has already been completed—creating the opportunity to acquire the property, benefit from the existing furnished rental, and move forward with a substantial luxury redevelopment in one of West Palm Beach's most sought-after residential neighborhoods. Existing furnished Airbnb. Exceptional Northwood Shores location. Complete luxury development plans included. Projected $4M+ finished value. 219 31st Street is an opportunity to generate income today while creating something extraordinary for tomorrow.
Features
- Pool
- Garage
Property details
- Property type
- Single family
- Year built
- 1940
- Living area
- 1,130 sq ft
- Price per sq ft
- $1,239
- HOA fee
- /mo
- Property taxes
- $9,596/yr
- Parking
- 2 spaces
- Building / community
- North Shore Terrace 1
- Status
- For sale
- MLS #
- B26085504
