531 31st St West Palm Beach, FL $ 1,050,000
531 31st St
$ 1,050,000
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531 31st St

West Palm Beach, FL, 33407
$ 1,050,000
Baths0.0

Monthly Estimate*

$ 6,630

531 31st St, West Palm Beach, FL 33407 - Image 1
531 31st St, West Palm Beach, FL 33407 - Image 2
531 31st St, West Palm Beach, FL 33407 - Image 3
531 31st St, West Palm Beach, FL 33407 - Image 4
Studio

Lots and Land for sale in West Palm Beach, FL

for $1,050,000. The lot size is 0.14.

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.

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Lots and Land Active

Price

$ 1,050,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 10,023

Style

Lot Size

0.14

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

A12057574

Features
General
Sewer Public Sewer
Utilities Sewer Available Water Available
Possession Close Of Escrow Negotiable
Development Status Raw Land
Property Subtype Residential
Tax Year 2025
County Palm Beach
Property Type Land
Subdivision Name NORTHWOOD ADD
Facing Direction South
Other Structures Utility Building(s)
Status Active
Directions Google Maps.
City West Palm Beach
Zoning Description SF14 (ci
MLS Area 5420
Lot Size Units Square Feet
Lot Size Square Feet 6098
Listing Terms Cash Conventional
Tax Annual Amount 10023
MLS Area Minor Palm Beach 5420; 5430; 5440
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Residential
Legal Description NORTHWOOD ADDITION LT 16 BLK 24
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Interior
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Water Source Public
Lot Size Area 6098
Lot Size Acres 0.14
Waterfront Y/N false
Covered Spaces 0
Number of Lots 1
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* Excluded Features
List By
Charles Rutenberg Realty Ftl

Broker

fgaitan@frankmiamirealestate.com

Email

Affordability Calculator

$7,465
Per Month
89%
11%
0%
Monthly Principal & Interest
$6,630
Monthly Property Taxes
$835
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
7/24/2026 $1,050,000 Listed Price

Map


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531 31st St, West Palm Beach, FL, 33407 is a Lots and Land for sale at $1,050,000 with a lot size of 0.14. 531 31st St is a studio with 0.0 baths. The property's zip code is 33407 which is in West Palm Beach, FL