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!
Listed By
Agency Name: Elevate Realty LLC
Agency Phone: 561-427-3923
Shown By
Agent Name: Beatriz Meza
Agent Phone: Cell: (954) 214-5969
Agency Title: Realty 100
Estimated Payment
$ 4,323.79 per month $3,115.79 Principal & Interest $799.67 Property Tax $408.33 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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219 31st Street | MLS# B26085504
This single family home located at 219 31st Street, West Palm Beach, FL 33407 is currently listed for sale with an asking price of $1,400,000. This property was built in 1940 and has 3 bedrooms and 2 full baths with 1686 sq. ft. 31st Street is located in the NORTH SHORE TERRACE 1 subdivision. Search NORTH SHORE TERRACE 1 real estate on bmeza.realty100.com today.