INCOME Producing. FULL INSPECTION REPORT AVAILABLE UPON REQUEST. This is an amazing investment opportunity. The home is located in Historic Northwood District just a few homes up the street 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 almost 8,000 SQ FT LOT. 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.
Sold for $945,000 on 11/15/24
$945,000
249 31st Street, West Palm Beach, FL 33407
4beds
1,675sqft
Single Family Residence
Built in 1950
7,950 Square Feet Lot
$1,034,600 Zestimate®
$564/sqft
$3,447 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 15, 2024 at 07:08am
Listed by:
Meghan Stewart Romanelli 954-405-2719,
Compass Florida LLC
Bought with:
Taryn Pisaneschi
EXP Realty LLC
Source: BeachesMLS,MLS#: RX-10956740
Originating MLS: Beaches MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: M
- Area: 145.52
- Dimensions: 11.1 x 13.11
Kitchen
- Level: M
- Area: 108.36
- Dimensions: 8.6 x 12.6
Living room
- Level: M
- Area: 237.11
- Dimensions: 18.1 x 13.1
Heating
- Central, Electric, Fireplace(s)
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
- Laundry: In Garage
Features
- Flooring: Tile, Wood
- Windows: Hurricane Windows, Impact Glass, Impact Glass (Complete)
- Has fireplace: Yes
Interior area
- Total structure area: 2,003
- Total interior livable area: 1,675 sqft
Property
Parking
- Total spaces: 1
- Parking features: 2+ Spaces, Driveway, Garage - Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: < 4 Floors,1.00
- Stories: 1
- Fencing: Fenced
- Has view: Yes
- View description: Garden
- Waterfront features: None
Lot
- Size: 7,950 sqft
- Dimensions: 106 x 75
- Features: 1/4 to 1/2 Acre, East of US-1, Sidewalks
Details
- Additional structures: Cottage, Util-Garage
- Parcel number: 74434310140010080
- Zoning: SF7
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Stucco
- Roof: Comp Shingle
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: None
Community
- Community features: Sidewalks, No Membership Avail
Location
- Region: West Palm Beach
- Subdivision: North Shore Terrace 1, Northwood Add
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing terms: Cash,Conventional,Owner 2nd
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,034,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,034,600