Multifamily in West Palm Beach, FL 33407
North Shore Terrace, 249 31st St

$1.2M17.8%
$945,000
1,675
SqFt
Status
Sold - Nov 15, 2024
Size
1,675 SqFt (156 m2)
Price
$564/SqFt ($6,073/m2)
Type
Multifamily
Built
1950
MLS Number
R10958373
View
Garden
On Site
947 Days
Updated
2 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: OutdoorLivingArea
      • View: Garden
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Wood
      • Windows/Treatment: Blinds
      • Construction Type: House
      • Year Built: 1950
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2024-02-09T15:14:37.000-00:00
        Taxes, Fees & More
        • Taxes: 20900.7
        • Total Units in Building: 2
        • Total Units in Complex: 2

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        Price History

        Current
        $945K
        High
        $1.2M
        Low
        $945K
        Total Change
        -17.8%
        $1.2M$1M$920KFeb 24Feb 24Mar 24Jul 24Nov 24
        Date
        Event
        Price
        Change
        Price Per
        11/15/2024
        Sold
        $945K
        -3.08%
        $564 ft2
        $6,073 m2
        07/21/2024
        Price Reduced
        $975K
        -2.5%
        $582 ft2
        $6,266 m2
        03/28/2024
        Price Reduced
        $1000K
        -4.76%
        $597 ft2
        $6,426 m2
        02/29/2024
        Price Reduced
        $1.1M
        -8.7%
        $627 ft2
        $6,748 m2
        02/09/2024
        Listed
        $1.2M
         
        $687 ft2
        $7,390 m2
        11/15/2024
        $945K
        Event
        Sold
        Change
        -3.08%
        Price Per
        $564 ft2
        $6,073 m2
        07/21/2024
        $975K
        Event
        Price Reduced
        Change
        -2.5%
        Price Per
        $582 ft2
        $6,266 m2
        03/28/2024
        $1000K
        Event
        Price Reduced
        Change
        -4.76%
        Price Per
        $597 ft2
        $6,426 m2
        02/29/2024
        $1.1M
        Event
        Price Reduced
        Change
        -8.7%
        Price Per
        $627 ft2
        $6,748 m2
        02/09/2024
        $1.2M
        Event
        Listed
        Price Per
        $687 ft2
        $7,390 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Meghan Stewart RomanelliCompass Florida LLC • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Somewhat Walkable. Some errands can be accomplished on foot
        55

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        30

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        69

        100
        Sound Score®
        Bearable noise
        75

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        32

        100
        Local Score
        Limited local amenities nearby
        2

        100
        Community Snapshot
        3 – 4 BR
        Bedrooms
        $926K – $3.7M
        Price Tier
        802 - 13,063
        SqFt Range
        1950
        Year Build
        1
        Total Floors

        Subdivision Amenities

        Boating
        None
        Park
        Sidewalks

        West Palm Beach
        High-End
        High-End Homes & Condos

        Northwood Shores Communities in West Palm Beach, FL