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Sold for $945,000
  • $945,000

    249 31st Street, West Palm Beach, FL 33407

    4beds
    1,675sqft
    Single Family Residence
    Built in 1950
    7,950 Square Feet Lot
    $1,224,400 Zestimate®
    $564/sqft
    $5,237 Estimated rent

    Home value

    $1,224,400

    $1.08M - $1.41M

    $5,237/mo

    Zestimate® history
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    What's special

    INCOME Producing. FULL INSPECTION REPORT AVAILABLE UPON REQUEST. This is an amazing investment opportunity. The home is located in Historic Northwood District just a few homes up the street 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 almost 8,000 SQ FT LOT. 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Meghan Stewart Romanelli 954-405-2719,

    Compass Florida LLC

    Bought with:

    Taryn Pisaneschi, 3270481

    EXP Realty LLC

    Source: BeachesMLS,MLS#: R10956740MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Primary bedroom
    • Level: Main
    • Area: 145.52
    • Dimensions: 11.1 X 13.11
    Kitchen
    • Level: Main
    • Area: 108.36
    • Dimensions: 8.6 X 12.6
    Living room
    • Level: Main
    • Area: 237.11
    • Dimensions: 18.1 X 13.1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Cooktop, Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
    • Laundry: In Garage
    Features
    • Kitchen/Dining Combo, Main Level Primary, Storage, Tub Shower
    • Flooring: Wood
    • Windows: Storm Window(s)
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total structure area: 2,003
    • Total interior livable area: 1,675 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Garage
    • Garage spaces: 1
    Features
    • Levels: Multi/Split,One
    • Stories: 1
    • Patio & porch: Patio, Porch
    • Exterior features: Outdoor Living Area
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden
    • Waterfront features: None
    Lot
    • Size: 7,950 Square Feet
    • Dimensions: 106 x 75
    • Features: 1/4 to 1/2 Acre Lot
    Details
    • Parcel number: 74434310140010080
    • Zoning: SF7

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Roof: Composition,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Well
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: None
    • Subdivision: NORTH SHORE TERRACE 1, Northwood Add
    HOA
    • Has HOA: No
    • Amenities included: Sidewalks
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $564/sqft
    • Tax assessed value: $752,479
    • Annual tax amount: $17,082
    • Date on market: 6/11/2024
    • Cumulative days on market: 156 days
    • Listing terms: Cash,Conventional,Owner Will Carry

    Price history

    DateEventPrice
    11/15/2024Sold$945,000-3.1%$564/sqft
    Source: BeachesMLS #R10956740 Report a problem
    7/22/2024Price change$975,000-2.5%$582/sqft
    Source: BeachesMLS #RX-10958373 Report a problem
    5/20/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/12/2024Price change$3,700-6.3%$2/sqft
    Source: Zillow Rentals Report a problem
    4/10/2024Listed for rent$3,950-1.3%$2/sqft
    Source: Zillow Rentals Report a problem
    3/29/2024Price change$999,999-4.8%$597/sqft
    Source: BeachesMLS #RX-10956740 Report a problem
    3/1/2024Price change$1,050,000-8.7%$627/sqft
    Source: BeachesMLS #RX-10958373 Report a problem
    2/5/2024Listed for sale$1,150,000+121.2%$687/sqft
    Source: BeachesMLS #RX-10956740 Report a problem
    6/9/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/13/2022Price change$4,000-11.1%$2/sqft
    Source: Zillow Rental Manager Report a problem
    5/10/2022Listed for rent$4,500+80.1%$3/sqft
    Source: Zillow Rental Manager Report a problem
    6/30/2021Sold$520,000-3.7%$310/sqft
    Source: BeachesMLS #F10279531 Report a problem
    6/19/2021Contingent$539,900$322/sqft
    Source: BeachesMLS #F10279531 Report a problem
    5/25/2021Price change$539,900-1.8%$322/sqft
    Source: BeachesMLS #F10279531 Report a problem
    5/14/2021Listed for sale$549,999$328/sqft
    Source: BeachesMLS #F10279531 Report a problem
    5/2/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/20/2021Contingent$549,999$328/sqft
    Source: BeachesMLS #F10279531 Report a problem
    4/12/2021Listed for sale$549,999+0%$328/sqft
    Source: BeachesMLS #F10279531 Report a problem
    4/1/2021Listed for rent$2,499+8.7%$1/sqft
    Source: Zillow Rental Manager Report a problem
    3/23/2021Listing removed--
    Source: BeachesMLS #RX-10686663 Report a problem
    2/9/2021Listing removed--
    Source: Owner Report a problem
    1/22/2021Listed for sale$549,900+42.8%$328/sqft
    Source: BeachesMLS #RX-10686663 Report a problem
    10/28/2020Listing removed$2,300$1/sqft
    Source: Owner Report a problem
    10/21/2020Price change$2,300-20.7%$1/sqft
    Source: Owner Report a problem
    9/20/2020Price change$2,900+38.1%$2/sqft
    Source: Owner Report a problem
    6/3/2020Listed for rent$2,100$1/sqft
    Source: Owner Report a problem
    1/6/2020Sold$385,000+37.5%$230/sqft
    Source: Public Record Report a problem
    6/9/2003Sold$280,000+169.2%$167/sqft
    Source: Public Record Report a problem
    3/2/1994Sold$104,000$62/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,904 -22.9%$752,479 -5.2%
    2024$20,631 -1.3%$793,601 +10%
    2023$20,900 +18.5%$721,455 +10%
    2022$17,636 +95.8%$655,868 +74.3%
    2021$9,005 +12.8%$376,191 +10%
    2020$7,982 +126.4%$341,992 +90.4%
    2019$3,526 $179,640 +1.9%
    2018$3,526 +7.8%$176,290 +2.1%
    2017$3,270 +2.8%$172,664 +2.1%
    2016$3,181 +0.5%$169,113 +0.7%
    2015$3,165 -2%$167,937 +0.8%
    2014$3,228 +1.6%$166,604 +1.5%
    2013$3,178 +0.9%$164,142 +1.7%
    2012$3,150 +0.3%$161,398 +1%
    2011$3,141 +0.7%$159,870 +1.5%
    2010$3,118 -22.1%$157,507 -21%
    2009$4,002 -24.9%$199,362 -28.6%
    2008$5,331 -4.1%$279,310 -0.6%
    2007$5,559 -5.6%$281,030 +2.5%
    2006$5,891 $274,176 +3%
    2005-- $266,190 +3%
    2004$3,569 +2173.2%$258,437 +17.3%
    2003$157 -96.1%$220,408 +39.9%
    2002$4,034 +3.8%$157,498 +5.8%
    2001$3,888 +0.4%$148,869 +0.6%
    2000$3,873 $148,026
    Find assessor info on the county website

    Neighborhood: Northwood Shores

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Northmore
    • Middle: Roosevelt Community
    • High: Palm Beach Lakes

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,224,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,224,400