LKV Realty
Logo
$1,050,000
$6,000Reward *
531 31st St, West Palm Beach, FL 33407Listing ID A12057574

531 31st St, West Palm Beach, FL 33407

Active
NORTHWOOD ADD
Last updated: Jul 28, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Residential
Acres
Acres
0.14
Days on Site
Days on Site
21

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 build 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.

Property Information

Property Details

Location

Address
531 31st St
County
Palm Beach
City
West Palm Beach
Zip Code
33407
Subdivision
NORTHWOOD ADD
MLS Area
5420

Property Taxes

Tax Annual Amount
$10,023
Tax Year
2025
Charles Rutenberg Realty FTL, (954) 396-3001

Market Report for 33407

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Miami Association of REALTORs
Miami Association of REALTORs logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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