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Development Site with Approved Plans

531 31st St, West Palm Beach, FL 33407

For Sale
$1,050,000

Cleared and fenced development lot sold with city and Historic Preservation Board approved plans for a new residential project.

Property SizeContact for details
Days on Market112

Property Features for 531 31st St

General Information

Standard status Active
Property subtype Unimproved Land

Site & Location

Neighborhood Old Northwood Historic Neighborhood
Highway Access Yes
Fenced Yard Yes
Listing Agency: Charles Rutenberg Realty FTL
Listed By: Franklin Gaitan · License FL #3318481
Source: Neilpicart.kw
Added: Jul 24 Changed: Oct 26 Last Checked: Nov 10 at 5:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles Rutenberg Realty FTL

Rey
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Investment Insights

Based on property information with market context.

This cleared and fenced development site comes with approved plans from the City of West Palm Beach and the Historic Preservation Board. The proposed project includes approximately 3,500 total square feet, with a 4-bedroom, 3-bath main residence plus a detached 2-bedroom, 1-bath guest house. The plan also includes garages and a pool, and the existing structure has already been demolished.

The property is located in the Historic Northwest District of West Palm Beach, with convenient access to Downtown West Palm Beach, Palm Beach Island, major highways, shopping, dining, and the Brightline station.

Key Highlights

  • Cleared and fenced lot with the existing structure already demolished
  • City of West Palm Beach and Historic Preservation Board approved plans included
  • Approved total project size of approximately 3,500 SF

Property Analytics

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Open Analytics

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Parking Lot & Garage Computer & Electronic Repair Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

965
Businesses Nearby

Demographics for 33407, FL

34,558
Population
15,147
Households
2.3
Avg Household Size
35
Median Age
26%
College-Educated
78%
High-School Grad
9.9 sq mi
ZIP Area
3,491
Density / Sq Mi
$56,606
Median Household Income
$34,886
Median Earnings
$1,551
Median Rent
$290,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Cleared and fenced development lot sold with city and Historic Preservation Board approved plans for a new residential project.
Where is this residential land & home lot located?
The property is located at 531 31st St West Palm Beach, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Cleared and fenced lot with the existing structure already demolished; City of West Palm Beach and Historic Preservation Board approved plans included; Approved total project size of approximately 3,500 SF
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