Property 415 31st Street 1-6, West Palm Beach, FL for sale with MLS# B26027504

Welcome to Villa Serena, a rare Old Northwood gem offering timeless charm and exceptional versatility in the heart of West Palm Beach. This beautifully maintained multifamily property features six individual residences, creating the perfect blend of investment opportunity and boutique community living. Built in 1926 and rich with historic character, Villa Serena captures the essence of South Florida living with lush tropical surroundings and thoughtfully updated interiors. The property offers a desirable unit mix including one 3-bedroom residence, two 2-bedroom residences, and three 1-bedroom residences - ideal for long-term rentals, seasonal tenants, or owner-occupancy with supplemental income potential. Residents enjoy spacious living areas, charming architectural details, and a prime location just minutes from downtown West Palm Beach, Palm Beach Island, restaurants, shopping, and pristine beaches. Nestled within the sought-after Old Northwood Historic District, Villa Serena presents an extraordinary opportunity to own an income-producing property in one of West Palm Beach's most vibrant and rapidly growing neighborhoods.

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Days on the market

415 31st Street 1-6, West Palm Beach, FL

Price
Price:
$1,700,000.00
Original List Price:
$1,700,000.00
Lease Details
Tenant Pays:
Common Area Maintenance, Gas, Cable Tv, Maintenance
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
In Foreclosure
Business Type:
Residential
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Price Reduced
Last Major Update on:
August 10, 2026 6:00 pm
Other Special Conditions:
City Jurisdiction
Measures
Built-Up Area:
3,905 Sqft
Building Area Source:
Public Records
Lot Features:
Landscaped
Lot Size Acres:
0.14
Property Features
Security:
Smoke Detector(s), Fire Sprinkler System, Closed Circuit Camera(s), Security System Owned, Security Lights, Fire Alarm, Security Fence, Gated - No Guard, Motion Detector(s)
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s), Wall/window Unit(s), Attic Fan, Electric
Heating
Heating System:
Electric
Building:
Storage, Kitchen Facilities, Rear Access, Fenced Area, Laundry Facilities
Sprinkler Description:
Other Sprinkler
Construction
Year Built:
1926
Roof:
Mixed
Number of Buildings:
2
Number of Units Total:
6
Construction Materials:
Frame, Stucco, Concrete
Flooring:
Tile, Wood
Number of stories:
2
Stories:
2
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$15,252.00
Tax Year:
2025
Tax Assessed Value:
$745,946.00
Parking
Parking Total Spaces:
0
Parking Features:
On Street, Accessible Parking
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Connected
Water Source:
Public
Community
Building Name:
Villa Serena
Senior Community:
No
Terms
Documents Available:
Deed, Appraisal, Inventory, Contracts, Photos, Existing Survey, Copy Of Lease(s), Owner Managed, Bylaws & Documents, Financial Statement, Title/abstracts, Personal Property Inventory
Listing Terms Considered by Seller:
Cash, Conventional, 1031 Exchange
Buyer Possession:
Subject To Tenant Rights, Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
NORTHWOOD ADD LT 22 BLK 9
Real Estate Folio Number (Parcel Number):
74434309050090220
Zoning:
SF14(c
Listing History
Active on the market since:
July 21, 2026
Listing Agreement executed on:
May 12, 2026
Price change occurred on:
August 10, 2026 6:00 pm
Listing Status Last Changed On:
July 21, 2026 2:45 pm
Photos updated on:
May 12, 2026 6:51 pm
Last Modified:
August 10, 2026 6:00 pm
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Street Name:
31st
Street Number:
415
Unit Number:
1-6
City:
West Palm Beach
State:
Florida
County:
Palm Beach
Latitude:
N26° 44' 30.6''
Longitude:
W81° 56' 47.7''
Street Suffix:
Street
Property Map

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Association of REALTORS®
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