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531 31st Street

West Palm Beach, FL 33407
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Acres0.14

Acre(Lot)

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 buil d 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.

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Detail Ic Property Details

Property Type : Land

Price : $1,050,000

AD Id : 88364135

MLS Id : A12057574

Lot Size : 0.14 Acre(Lot)

County : Palm Beach

Subdivision: Northwood

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Feature Features

  • Lot Information

    Lot Dimensions: 6098 Lot Size Acres: 0.14 Lot Size Square Feet: 6,098 Lot Description: CityLot

    Property Information

    Subdivision: NORTHWOOD ADD Source Property Type: Land Postal Code Plus 4: 5127 Property SubType: Unimproved Land Direction Faces: South

  • Listing Price Information

    Listing Price: $1050000
    Cash, Conventional

  • Tax Information

    Parcel Number: 74434309050240160 Tax Year: 2025 Annual Tax: $10023 Tax Legal Desc: NORTHWOOD ADDITION LT 16 BLK 24

  • School Information

    Elementary School: Northmore Junior High School: Roosevelt Community Senior High School: Palm Beach Lakes
  • Utility Information

    ElectricityAvailable, SewerAvailable, WaterAvailable
  • Location Information

    Direction: Google Maps. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
447 20th Street, West Palm Beach, FL, 33407 $700,000 -- -- -- Acres (Lot)--
427 32nd Street, West Palm Beach, FL, 33407 $850,000 -- -- -- 5,950 Sqft(Lot)
547 17th St, West Palm Beach, FL, 33407 $195,900 -- -- -- 5,576 Sqft(Lot)
535 Lilac Court, West Palm Beach, FL, 33407 $295,000 -- -- -- Acres (Lot)--
3414 Broadway, West Palm Beach, FL, 33407 $415,000 -- -- -- Acres (Lot)--
Broadway, West Palm Beach, FL, 33407 $395,000 -- -- -- Acres (Lot)--
5179 Broadway, West Palm Beach, FL, 33407 $998,000 -- -- -- Acres (Lot)--
4301 Broadway, West Palm Beach, FL, 33407 $499,000 -- -- -- Acres (Lot)--
627 56th St, West Palm Beach, FL, 33407 $205,900 -- -- -- 5,099 Sqft(Lot)
704 51st Street, West Palm Beach, FL, 33407 $149,900 -- -- -- 5,151 Sqft(Lot)

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ByOwner last updated this listing 07/24/2026 @ 22:30

MLS: A12057574 LISTED BY: Franklin Gaitan, Charles Rutenberg Realty FTL 954-396-3001 SOURCE: Beaches MLS

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