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415 31st Street # 6, West Palm Beach FL 33407

Commercial For Sale
$1,800,000

BTC: 28.01556420

ETH: 946.05390405

+$100K (2026/07/21)
81 days
0 room(s)

Overview

Welcome to Villa Serena, a rare Old Northwood gem offering timeless charm and exceptional versatility in the heart of West Palm Beach. This beautifully maintained multifamily property features six individual residences, creating the perfect blend of investment opportunity and boutique community living. Built in 1926 and rich with historic character, Villa Serena captures the essence of South Florida living with lush tropical surroundings and thoughtfully updated interiors. The property offers a desirable unit mix including one 3-bedroom residence, two 2-bedroom residences, and three 1-bedroom residences — ideal for long-term rentals, seasonal tenants, or owner-occupancy with supplemental income potential. Residents enjoy spacious living areas, charming architectural details, and a prime location just minutes from downtown West Palm Beach, Palm Beach Island, restaurants, shopping, and pristine beaches. Nestled within the sought-after Old Northwood Historic District, Villa Serena presents an extraordinary opportunity to own an income-producing property in one of West Palm Beach's most vibrant and rapidly growing neighborhoods.

Location

Details

Type:
Commercial Sale
Parking:
On Street
Year Built:
1926
Lot:
0.14 Acres
Heating:
Electric
Price/sqft:
No Data
Cooling:
Attic Fan / Ceiling Fan(s) / Central Air / Electric / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$399,000
$225K – $2.0M
Confidence Low
List vs. estimate
$1.4M above estimate
List $1,800,000 · +351.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $840K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,252
2025
All facts and features
  • Flooring

    • Tile

    • Wood

    Heating

    • Electric

    Cooling

    • Attic Fan

    • Ceiling Fan(s)

    • Central Air

    • Electric

    • Wall/Window Unit(s)

    Other interior features

    • Fire Sprinklers

  • Parking

    • On Street

    Property

    • Levels: 2

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 74434309050090220

    • Zoning: SF14(c

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Sewer Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $15,252

  • Source details

    • MLS ID: B26027504

    Other facts

    • Construction Materials: Concrete Block Construction / Frame / Frame With Stucco / Stucco / Insulated / Plaster

    • Lot Features: Beach Area / Central Business District / City Location / Near Airport / Shopping Center / Less Than 1/4 Acre Lot / Less Than 1 Acre / Sprinklers / Beach Access

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman