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219 31st Street, West Palm Beach
$1,400,000
3 Beds · 2 Baths · 1,130 Sqft
About this home
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.
Details
- Property type
- Single-family home
- Community
- North Shore Terrace 1
- Year built
- 1940
- Lot size
- 6,098 Sqft
- Waterfront
- No
- MLS #
- B26085504
Additional information
- Days on market
- 1
- Price per sqft
- $1,239
- County
- Palm Beach
- Subtype
- Single Family Residence
- Garage spaces
- 1
- Stories
- 1
- Private pool
- Yes
- Pets allowed
- Yes, Pet Restrictions Possible
- Construction
- Block, Concrete, Stucco
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Wood
- Roof
- Aluminum
- Utilities
- Other
- Annual taxes
- $9,596
- Salt Water