249 31st Street, West Palm Beach, FL 33407

$945,000
2
BA
1,675
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$945,000
List Price
$975,000
Days on Market
172
Closing Date
Nov 15, 2024
MLS#
R10958373
Sq. Ft
1,675
Subtype
Duplex
County
Palm Beach
Subdivision
North Shore Terrace 1
Year Built
1950

Property Description

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.

Additional Information

Construction
Block
Cooling
Central Air
Flooring
Wood
Heating
Central
Restrict
NoRestrictions
Roof
Composition
Taxes
$20,900
Utilities
Cable Available, Natural Gas Available, Water Available
View
Garden
Amenities
None
Waterfront
None
Stories
1
Acres
0.18
Price Per Sqft
$564

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass Florida LLC. Contact:

Selling Office: EXP Realty LLC.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Meghan Stewart Romanelli | Email: meghan.stewart@compass.com