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249 31st Street, West Palm Beach, FL – $975,000

  • 4 Beds
  • 2 Baths
  • 2,003 Sqft
  • .18 Acres
  • 4 Beds
  • 2 Baths
  • 2,003 Sqft
  • .18 Acres

249 31st Street

INCOME Producing. Full inspection report available upon request. This is an amazing investment opportunity. The home is located in Northwood District not historic. A few homes away 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. 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.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 with the cottage rented on a month-to-month basis, this property not only serves as a comfortable family home but also as a source of additional income. There is plenty of room to add a swimming pool in the private backyard oasis.

Essential Information

  • MLS® #RX-10958373
  • Price$975,000
  • Bedrooms4
  • Bathrooms2.00
  • Full Baths2
  • Square Footage2,003
  • Acres0.18
  • Year Built1950
  • TypeMulti-Family
  • Sub-TypeDuplex
  • StyleNo
  • StatusActive Under Contract

Community Information

  • Address249 31st Street
  • Area5420
  • SubdivisionNORTH SHORE TERRACE 1
  • CityWest Palm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33407

Amenities

  • # of Garages1
  • ViewGarden
  • WaterfrontNone

Utilities

Cable, 3-Phase Electric, Public Water, Gas Natural, Well Water

Interior

  • HeatingCentral
  • CoolingCentral
  • # of Stories1

Exterior

  • Exterior FeaturesAuto Sprinkler, Deck, Fence
  • Lot DescriptionEast of US-1, 1/4 to 1/2 Acre
  • WindowsBlinds, Impact Glass
  • RoofComp Shingle
  • ConstructionCBS

Additional Information

  • Listing Courtesy ofCompass Florida LLC
  • Date ListedFebruary 9th, 2024
  • ZoningSF7
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Price Change History for 249 31st Street, West Palm Beach, FL (MLS® #RX-10958373)

Date Details Change
Price Reduced from $999,999 to $975,000 $24,999 (2.50%)
Price Reduced from $1,050,000 to $999,999 $50,001 (4.76%)
Price Reduced from $1,150,000 to $1,050,000 $100,000 (8.70%)

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