415 31st Street West Palm Beach FL 33407 MLS #RX-11048866

415 31st Street
West Palm Beach, FL, 33407
$2,000,000
Beds
0 Baths
SqFt
0.14 Acres
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Located in the Historic Northwood District, Casa Serena is a fully occupied, high-income, six-unit multi-family residential complex. The property offers six residential units ranging from 1 to 3 bedrooms and a large shared laundry room with two washers and two dryers for the tenant’s convenience. Recent upgrades include new impact windows and doors, a new roof, new electrical and plumbing, 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, Casa Serena also ideal for short-term rentals or Airbnb offering exceptional flexibility high potential.

Property Details

Price:
$2,000,000
MLS #:
RX-11048866
Status:
Active
Baths:
0
Address:
415 31st Street
Type:
Commercial
Subtype:
MultiFamily (5+ Units)
Subdivision:
NORTHWOOD ADD
City:
West Palm Beach
Listed Date:
Jan 3, 2025
State:
FL
ZIP:
33407
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1926
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Cynthia Nalley

Cynthia Nalley

Managing Broker

Cell Phone 561 309-7770

Cynthia Nalley is Co-Broker of Acquire Palm Beach and manages the business operations in addition to real estate transactions. She is a Project Management Professional (PMP) who has created technology systems and managed complex projects for SunTrust, Citibank, JP Morgan Chase, and many more. Cynthia is a longtime Downtown West Palm Beach resident and advocate. She serves on the WPB Downtown Development Authority Board of Directors and is Vice President of the WPB Downtown Neighborhood Associa…

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Schools

Interior

Cooling
Ceiling Fan, Central, Wall- Win A/ C
Flooring
Tile, Wood Floor
For Lease
No
Heating
Central Individual

Exterior

% Air Conditioned
100.00
Construction
Stucco
Min Lease Months
612.00
Roof
Other
Security
Fence, Motion Detector, Security Light, Security Sys- Owned, T V Camera
Waterfront Details
None

Financial

Gross Operating Income
$145,000
Net Operating Income
$156,000
Utilities
Cable, Electric, Gas Natural, Public Sewer, Public Water, Separate Meter

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Listing courtesy of Douglas Elliman, (561)–655–8600

© 2025 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2025-01-22.
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415 31st Street
West Palm Beach, FL