531 31st St, West Palm Beach, FL 33407
West Palm Beach, FL 33407 · NORTHWOOD ADD
About 531 31st St, West Palm Beach, FL 33407
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.
How This Listing Compares in West Palm Beach
| This home | West Palm Beach median (12 mo) | |
|---|---|---|
| Days on market | 4 | 50 |
Medians from closed MLS sales in West Palm Beach; a starting point, not an appraisal.
Home Features at 531 31st St, West Palm Beach, FL 33407
- Pool Private
- No
- Direction Faces
- South
The Building at 531 31st St, West Palm Beach, FL 33407
- Building Name
- NORTHWOOD ADD
- Building Area Units
- Square Feet
- Association
- No
Lot, Views & Construction at 531 31st St, West Palm Beach, FL 33407
- Lot Features
- City Location, Less Than 1/4 Acre Lot, Fenced
- Lot Size Square Feet
- 6,098
- Waterfront
- No
- View
- None
- Sewer
- Public Sewer
- Water Source
- Municipal Water
- New Construction
- No
Taxes & Public Record for 531 31st St, West Palm Beach, FL 33407
- Parcel Number
- 74434309050240160
- Tax Annual Amount
- $10,023
- Tax Year
- 2,025
- Tax Legal Description
- NORTHWOOD ADDITION LT 16 BLK 24
- Zoning
- SF14 (ci
- County Or Parish
- Palm Beach County
Map & Neighborhood
531 31st St, West Palm Beach, FL 33407
531 31st St, West Palm Beach, FL 33407 at a Glance
Offered for sale in West Palm Beach 33407, 531 31st St is a property. The asking price is $1,050,000, on the market since July 24, 2026, with Charles Rutenberg Realty FTL as the listing brokerage. Public schools are run by the Palm Beach County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.