249 31st Street, West Palm Beach, FL 33407

$945,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,003 Status: Closed
Current Price: $945,000 List Date: 6/11/2024 Last Modified: 6/30/2026

Overview

Description

INCOME Producing. FULL INSPECTION REPORT AVAILABLE UPON REQUEST. This is an amazing investment opportunity. The home is located in Historic Northwood District just a few homes up the street from the Intracoastal Waterway and some of West Palm Beaches most expensive residences. This property is offering BOTH a charming 3-bedroom, 1-bathroom main house and a fully-equipped 1-bedroom, 1-bathroom cottage, both with their own private laundry rooms, and completely separate entrances almost 8,000 SQ FT LOT. This exceptional opportunity features full impact windows and doors, new AC units in both homes, gas stoves in both homes, improved electrical, ample storage, and many more upgrades. Less than a 9 minute car ride on the scenic Flagler drive to Palm Beach and Downtown West Palm Beach.

Supplements: You can also be at the airport or hospital in 10 minutes. Don't let this deal pass you by. Adding to the allure is the self-contained cottage, complete with its own laundry facilities, parking, kitchen, and electrical meter, presenting a lucrative opportunity for rental income or mother in law suite. Currently utilized as a successful Airbnb and wi ...

Listing Details MLS# R10956740

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
2003
Building Area Source
Public Records
Living Area Main
1675
Year Built
1950
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Gated Community YN
No
Lot Size Area
7950
Lot Size Acres
0.18
Lot Size Dimensions
106x75
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
South
Fireplace YN
Yes
Pool Private YN
No
Furnished
Furnished
Year Roof Installed
2011

Property Features

Dining Area: Kitchen Dining Flooring: Wood Guest House Features: 1 Bath; 1 Bedrooms; Kitchen; Patio Parking Features: Detached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Refrigerator; Washer; Cooktop Construction Materials: CBS; Stucco Cooling: Ceiling Fan(s); Central Air; Electric Fencing: Fenced Heating: Central; Electric Interior Features: Storage Laundry Features: In Garage Levels: Multi/Split Listing Terms: Cash; Conventional; Owner Will Carry Lot Features: Sidewalks Membership: No Membership Available Other Structures: Cottage Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: East of US-1 Roof: Composition; Shingle Security Features: None Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Well Window Features: Storm Window(s) Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany; Schedule Online; Text Listing Agent Outdoor Living Spaces: Patio; Porch Contingencies: None Room Types: Attic; Family Room; Kitchen; Laundry; Living Room; Maid/In-Law Quarters; Master Bedroom; Utility Room Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1150000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
249
Street Name
31st
Street Suffix
Street
City Name
West Palm Beach
State Or Province
FL
Postal Code
33407
Postal Zip
33407
Subdivision Name
NORTH SHORE TERRACE 1, Northwood Add
Development Name
NORTH SHORE TERRACE, Northwood Add
Area
5420
Geographic Area
PB20
Elementary School
Northmore
Middle Or Junior School
Roosevelt Community
High School
Palm Beach Lakes
Special Assessment YN
No
Parcel Number
74434310140010080
Zoning
SF7
Directions
East on Palm Beach Lakes, north on N Flagler Drive west on 31st Street
Multiple Offers Accepted
Yes

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
17082
Tax Year
2020
Tax Legal Description
NORTH SHORE TERRACE PL NO 1 LTS 8 TO 10 INC BLK A

Status Change Information

Major Change Timestamp
2024-11-15T21:08:22Z
Major Change Type
Status Change
Price Change Timestamp
2024-07-22T18:17:46Z
Status Change Date
2024-11-15
Under Contract Date
2024-07-29
Close Date
2024-11-15
Close Price
945000
Buyer Financing
Conventional

More Information

Guest House Area Details

Building Area Guest House
500

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
4

Storm Protection

Impact Glass
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
564.17
Original List Price To Close Price
1.21

Originating Details

Originating System Key
20240202172439273245000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 18.10 13.10 Main
Kitchen 8.60 12.60 Main
Master Bedroom 11.10 13.11 Main
Attic
Family Room
Laundry
Maid/In-Law Quarters
Utility Room
IDX
Listing Office: Compass Florida LLC
Source MLS Verified
Last Updated: June - 30 - 2026
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