Premier Brokers International
531 31st Street, West Palm Beach, FL 33407
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12057574
$1,050,000

531 31st Street, West Palm Beach, FL 33407

Beds
—
Baths
0
Sqft
—
Est. payment$6,808/mo
Home type
Unimproved Land
Year built
—
Lot size
6,098 sqft
Price / sqft
—
HOA
$0/mo
Community
NORTHWOOD ADD

Property 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.

Listing activity

Days on market
61
Listed
Jul 24, 2026
MLS listing updated
Jul 28, 2026
Feed last checked
4 minutes ago

Listed by Franklin alberto Gaitan · Charles Rutenberg Realty FTL

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0
Property

Exterior

Fencing
Fenced
Other structures
Utility Barn(s)
Waterfront
None
Waterfront property
No

Lot

Lot size
6,098 sqft
Lot size (acres)
0.14 acres
Lot dimensions
6098
Zoning
SF14 (ci
Construction

Type & style

Home type
Unimproved Land

Materials

Faces
South
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Electricity Available, Sewer Available, Water Available
Community & HOA

Community

Subdivision
NORTHWOOD ADD
MLS area
5420
MLS subarea
PB25

Association

Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
West Palm Beach
County
Palm Beach
ZIP code
33407
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12057574
Possession
Close Of Escrow, Negotiable
Original list price
$1,050,000
Parcel number
74434309050240160
Annual property tax
$10,023
Tax year
2025
Tax legal description
NORTHWOOD ADDITION LT 16 BLK 24
Additional MLS details

Reported by the listing source

Bathrooms Total Decimal
0
Bathrooms Total Integer
0
County Or Parish
Palm Beach
Days On Market
61
Direction Faces
South
Elementary School
Northmore
High School
Palm Beach Lakes
List Price
1050000
Listing Contract Date
2026-07-24
Lot Size Acres
0.14
Lot Size Dimensions
6098
MLSArea Major
5420
MLSArea Minor
PB25
Middle Or Junior School
Roosevelt Community
Mls Status
Active
On Market Date
2026-07-24
Photos Count
17
Postal Code
33407
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-07-24T04:00:00Z
Subdivision Name
NORTHWOOD ADD
Water Source
Public
Waterfront Features
None
Tax Annual Amount
10023

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jul 24, 2026ListedMIAMI REALTORS® MLS$1,050,000

Public tax history

YearProperty taxesAssessment
2025$10,023—

Payment calculator

Estimated monthly payment$6,808/moIllustrative estimate, not a loan offer.
Principal & interest
$5,448
Property taxes
$835
Insurance
$525
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

NORTHWOOD ADD

West Palm Beach · Palm Beach County · 33407

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

NorthmoreElementary
—
Roosevelt CommunityMiddle
—
Palm Beach LakesHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Charles Rutenberg Realty FTL. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.