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219 31st Street, West Palm Beach FL 33407

House For Sale
$1,400,000

BTC: 17.20747296

ETH: 575.65789474

8 days
3 bds
2 ba
1,130 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
1 Space / Detached / Parking Garage
Year Built:
1940
Lot:
0.14 Acres
Heating:
Central
Price/sqft:
$1,239
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$562,500
$384K – $1.2M
Confidence Low
List vs. estimate
$837K above estimate
List $1,400,000 · +148.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,238
+225.6% vs. city median $380
Based on
6 MLS comparables
+ 27 public-records sales within 0.5 mi
Median actual sale: $905K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,596
2025
Pool
Private
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Gas Range

    • Refrigerator

    • Washer

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Detached

    • Parking Garage

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: Other

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 74434310140010231

    • Zoning: SF7 (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Other Utilities Available

    • Other

  • Other financial information

    • Annual tax amount: $9,596

  • Source details

    • MLS ID: B26085504

    Other facts

    • Construction Materials: Concrete Block Construction / Stucco

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Patio And Porch Features: Patio

    • Direction Faces: North

    • Other Structures: Livable

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1130

    • Water Source: Public

    • Subdivision Name: NORTH SHORE TERRACE 1

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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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: Elevate Realty LLC