About This Property
Residential in West Palm Beach
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.
BIG NEWS FOR FLORIDA HOMEBUYERS! Florida's newly approved Amendment 3 expands the homestead exemption to $150,000 in 2027 and $250,000 in 2028 for qualifying homeowners— delivering significant annual property tax savings! Make Florida homeownership even more rewarding!
Features & Amenities
Property Highlights
Roof
- Aluminum
Sewer
- Public Sewer
Cooling
- Central Air
Heating
- Central
Flooring
- Wood
Utilities
- Other
Appliances
- Dishwasher
- Dryer
- Gas Range
- Microwave
- Refrigerator
- Washer
Possession
- Close Of Escrow
Room Types
- Kitchen
- Living Room
- Master Bedroom
WaterSource
- Public
Pets Allowed
- Pet Restrictions Possible
PoolFeatures
- Salt Water
Restrictions
- Other Restrictions
Water Source
- Public
Listing Terms
- Cash
- Conventional
Patio Details
- Patio - Covered
- Patio - Open
Pool Features
- Salt Water
Porch Details
- Porch - Open
Structure Type
- House
ParkingFeatures
- Detached Garage
- Garage
Pets Allowed YN
- Yes
Tax Information
- CityCounty
ExteriorFeatures
- Other
InteriorFeatures
- Other
Laundry Features
- Laundry Room
Parking Features
- Detached Garage
- Garage
Exterior Features
- Other
Interior Features
- Other
Master BedroomBath
- Separate Shower
Property Condition
- Resale
Acreage Description
- Less Than 14 Acre Lot
- Less Than 1 Acre Lot
Outdoor Living Spaces
- Patio
- Porch
PatioAndPorchFeatures
- Porch - Open
- Patio - Open
- Patio - Covered
- Porch
- Patio
Construction Materials
- Block
- Concrete
- Stucco
SpecialListingConditions
- Standard
Leasing
- Leasing Prohibited
Special Listing Conditions
- Standard
Specifications
Property Details
Location