Property Description
219 31st Street | Northwood Shores RARE NORTHWOOD SHORES DEVELOPMENT OPPORTUNITY — INCOME TODAY, BUILD TOMORROW. Offered furnished, 219 31st Street presents a unique opportunity to acquire an existing Airbnb/short-term rental property together with a complete set of plans for an exceptional new luxury residence of approximately 4,000 square feet under air, with a projected completed value of $4 million+. Located in highly desirable Northwood Shores, the property offers the flexibility to operate the existing furnished residence as a short-term or seasonal rental while preparing for future development. The sale includes the fully paid architectural, civil and landscape plans for a thoughtfully designed luxury home created specifically for this property. The proposed residence has been designed with approximately 4,000 square feet under air, 5 bedrooms, a pool, multiple outdoor living spaces and garage, blending distinctive architecture with the indoor-outdoor lifestyle today's West Palm Beach buyer desires. The striking design features arched windows and architectural details, balconies, expansive entertaining areas and a private pool setting. For a developer, investor or end user, much of the difficult upfront work has already been completed—creating the opportunity to acquire the property, benefit from the existing furnished rental, and move forward with a substantial luxury redevelopment in one of West Palm Beach's most sought-after residential neighborhoods. Existing furnished Airbnb. Exceptional Northwood Shores location. Complete luxury development plans included. Projected $4M+ finished value. 219 31st Street is an opportunity to generate income today while creating something extraordinary for tomorrow.
Property Details
Listing Information
- MLS ID
- B26085504
- Listing Status
- Active
- Property Type
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,130 sq ft
- Lot Size
- 6,098 sq ft
- Year Built
- 1940
- Community
- NORTH SHORE TERRACE 1
- County
- Palm Beach
Property Features
- Interior Features
- Other
- Exterior Features
- Other
- Appliances
- Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
- Cooling
- Central Air
- Heating
- Central
- Parking
- Garage, Detached Garage
- Waterfront
- False
- Association Fee
- $0
- Property Tax
- $9,596.49 (2025)
