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$1,050,000Active

531 31st Street, West Palm Beach, FL 33407

West Palm Beach, FL 33407
0
Sq Ft
0.14 acres
Lot Size

Listing Snapshot

List Price$1,050,000
Beds0
Baths0
Living Area0 sqft
Lot Size0.14 acres
Property Tax$10,023/yr
MLS #1178071497
StatusActive

About This Home

Rare opportunity to acquire a prime development site in the rapidly transforming Historic Northwest District of West Palm Beach. This property is being sold with approved plans from the City of West Palm Beach and the Historic Preservation Board, allowing the next owner to move forward with development much faster than starting from scratch.The approved project features approximately 3,500 total square feet, including a spacious 4-bedroom, 3-bath main residence, a detached 2-bedroom, 1-bath guest house, garages, and a pool. The existing structure has already been demolished, and the lot is cleared and fenced.A tremendous amount of time, design work, and development costs have already been invested, making this an outstanding opportunity for builders, investors, or end users looking to build a custom property without the lengthy approval process.Conveniently located minutes from Downtown West Palm Beach, Palm Beach Island, major highways, shopping, dining, and the Brightline station.

General Features

Property Type
Land
Sub-type
UnimprovedLand
Direction Faces
South
Zoning
SF14 (ci
Utilities
ElectricityAvailable,SewerAvailable,WaterAvailable
Subdivision
NORTHWOOD ADD

Interior Features

Exterior Features

Lot Features
CityLot
Fencing
Fenced
Waterfront
No
Waterfront Features
None

Community Features

MLS Area
5420

Schools

ElementaryNorthmore
MiddleRoosevelt Community
HighPalm Beach Lakes

Map

Listed by Franklin Gaitan · Charles Rutenberg Realty FTL
MLS# 1178071497 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $840,000

%
Est. Monthly$6,566
Principal & Interest$5,730
Property Tax$835

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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