Address249 31St St, West Palm Beach, FL, 33407

Price$975,000

  • 4 Beds
  • 2 Baths
  • Multi-unit
  • 2,003 SQ FT
  • Built in 1950

INCOME Producing. Full inspection report available upon request. This is an amazing investment opportunity. The home is located in Northwood District not historic. A few homes away from the Intracoastal Waterway and some of West Palm Beaches most expensive residences. This property is offering BOTH a charming 3-bedroom, 1-bathroom main house and a fully-equipped 1-bedroom, 1-bathroom cottage, both with their own private laundry rooms, and completely separate entrances. This exceptional opportunity features full impact windows and doors, new AC units in both homes, gas stoves in both homes, improved electrical, ample storage, and many more upgrades. Less than a 9 minute car ride on the scenic Flagler drive to Palm Beach and Downtown West Palm Beach.You can also be at the airport or hospital in 10 minutes. Don't let this deal pass you by! Adding to the allure is the self-contained cottage, complete with its own laundry facilities, parking, kitchen, and electrical meter, presenting a lucrative opportunity for rental income or mother in law suite. Currently utilized as a successful Airbnb and with the cottage rented on a month-to-month basis, this property not only serves as a comfortable family home but also as a source of additional income. There is plenty of room to add a swimming pool in the private backyard oasis.

Essential Information

  • MLS® #RX-10958373
  • Price$975,000
  • HOA Fees$0
  • Taxes$20,901 (2023)
  • Bedrooms4
  • Bathrooms2.00
  • Full Baths2
  • Square Footage2,003
  • Acres0.18
  • Price/SqFt$487 USD
  • Year Built1950
  • TypeMulti-Unit
  • Sub-TypeDuplex
  • RestrictionsNone
  • StyleNo
  • StatusActive Under Contract

Community Information

  • Address249 31St St
  • Area5420
  • SubdivisionNORTH SHORE TERRACE 1
  • DevelopmentNORTH SHORE TERRACE
  • CityWest Palm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33407

Amenities

  • # of Garages1
  • ViewGarden
  • WaterfrontNone

Interior

  • HeatingCentral
  • CoolingCentral
  • # of Stories1

Exterior

  • WindowsBlinds, Impact Glass
  • RoofComp Shingle
  • ConstructionCBS

Additional Information

  • Days on Website181
  • ZoningSF7

Listing Details

  • OfficeCompass Florida LLC

Utilities

Cable, 3-Phase Electric, Public Water, Gas Natural, Well Water

Exterior Features

Auto Sprinkler, Deck, Fence

Lot Description

East of US-1, 1/4 to 1/2 Acre

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Price Change History for 249 31St St, West Palm Beach, FL (MLS® #RX-10958373)

Date Details Change
Status Changed from Price Change to Active Under Contract
Status Changed from Active to Price Change
Price Reduced from $999,999 to $975,000 $24,999 (2.50%)
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Show More (5)

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Listing information last updated on August 8th, 2024 at 4:45am EDT.

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