Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    415 31St St West Palm Beach, FL 33407

    For Lease
    $2,000,000

    Income,Resident. Multi-Fam. - West Palm Beach, FL

    Property size:
    3,905 SF
    Lot size:
    0.14 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 415 31St St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SF14(c
    APN
    74434309050090220
    Interior features
    10 foot ceilings
    Size
    3,905 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Attic Fan, Electric, Wall/Window Unit(s)

    Building Details

    Year built
    1926
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Tile, Wood
    Building materials
    Concrete, Frame, Stucco
    Roof type
    Mixed
    Architectural style
    Other

    Douglas Elliman Florida LLC (561) 655-8600 [email protected]

    Listing agent Ryan Mitchell Gaines (561) 655-8600

    Listing date Nov 19, 2025

    MLS# RX-11141888 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Income Multifamily in Historic Northwood

    Located in the Historic Northwood District, this fully occupied, high-income, six-unit multi-family residential complex is comprised of six residential units ranging from 1 to 3 bedrooms. A large shared laundry room is available, equipped with two washers and two dryers for tenant convenience. Recent upgrades include new impact windows and doors, a new roof, new electrical and plumbing, and tankless water heaters, ensuring modern standards and long-term durability, storm protection & insurance discounts. Situated near Downtown Northwood, CityPlace, and Palm Beach Island, the property provides easy access to key attractions. Currently generating steady income from long-term tenants, this property is also ideal for short-term rentals or Airbnb offering exceptional flexibility and high potential. The property is zoned SF14(c) and has a lot size of 0.14 acres. The property size is 3905 Square Feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.053434
    Latitude
    26.741822

    Nearby Similar for Lease

    • $6,500,000
      25,646 SF

      West Palm Beach Office Building

      Prime office building in a bustling Palm Beach business district.
      2240 Palm Beach Lakes Blvd, West Palm Beach, FL 33409
      View Details
    • $1,550 /Mo

      Palm Springs Office Space Available

      Second-floor office space with multiple rooms and convenient location.
      2720 Forest Hill Blvd, West Palm Beach, FL 33406
      View Details
    • $950 /Mo
      13,000 SF

      Palm Beach Gardens Workspace Solutions

      Flexible workspace solutions for businesses in Palm Beach Gardens, Florida.
      2000 Pga Blvd, West Palm Beach, FL 33408
      View Details
    • $1,750 /Mo

      Palm Springs Office Space Available

      Spacious office with natural light in a convenient location.
      2720 Forest Hill Blvd, West Palm Beach, FL 33406
      View Details
    • $729,900
      2,184 SF

      West Palm Beach Multifamily Building

      Five-unit apartment building in West Palm Beach, fully rented.
      921 14Th St, West Palm Beach, FL 33401
      View Details
    • $1,700 /Mo
      1,757 SF

      West Palm Beach Office Space

      Commercial office space for lease in gated Contractors Business Park.
      2771 Vista Pkwy, West Palm Beach, FL 33411
      View Details

    FAQs

    What type of property is this?
    Apartment building - Fully occupied six-unit residential complex in West Palm Beach, Florida.
    Where is this apartment building located?
    The property is located at 415 31St St West Palm Beach, FL.
    What are key features of this property?
    This property features: - High-income, fully occupied six-unit multi-family residential complex.; - Recent upgrades: new impact windows and doors, new roof, new electrical and plumbing, tankless water heaters.; - Ideal for long-term rentals, short-term rentals, or Airbnb.
    (561) 655-8600
    Request Owner's contact information
    415 31St St West Palm Beach, FL 33407
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    415 31St St
    West Palm Beach, FL 33407
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    415 31St St West Palm Beach, FL 33407
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.