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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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531 31st St , West Palm Beach, FL 33407
$1,050,000
Est. Payment: $2,333.33/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 4
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CHHF01 - 3318481
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House Description

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.

Highlights

Listed by Franklin Gaitan , 954-849-2594 Charles Rutenberg Realty FTL , 954-396-3001.

Property Type

Vacant Land

Lot/Acreage
0.14

County

Palm Beach

Area

5420

Neighborhood

Northwood Add

Listing ID

A12057574

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:< 1/4 Acre
Zoning:SF14 (ci
Sewer:Public Sewer
Principal Interest
$2,333
Taxes
$835

Home Price

$1,050,000

Loan Details

30 yrs
%

Down Payment

20%
$210,000
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Monthly Price:
$2,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,333.33 $835.25 $0.00 $3,168.58
Yearly $28,000.00 $10,023.00 $0.00 $38,023.00
Total $840,000.00 $300,690.00 $0.00 $1,140,690.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (West Palm Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.