Northwood Add For Sale
531 31st St, West Palm Beach, FL 33407

$1,050,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A12057574
  • Virtual Tour: YES
  • List Price: $1,050,000
  • Taxes:$10,023
  • Listing Date:July 24, 2026
  • Days On Market:8

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.

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker