415 31st Street 1-6, West Palm Beach FL
$1,700,000 · $435 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $1,700,000
- Price per sq ft: $435
- Building size: 3,905 sq ft
- Lot size: 6,098 sq ft
- Zoning: SF14(c
- Year built: 1926
- Units: 6
- Stories: 2
- Tenant pays: Common Area Maintenance, Cable TV, Gas, Maintenance
- Buildings: 2
- Units leased / vacant: 6 leased · — vacant
- Parcel ID: 74434309050090220
- MLS#: B26027504
About this property
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.
Building Features and Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- Sewer Available
- Water Connected
- Concrete
- Frame
- Stucco
Rent Roll
| Unit type | Units | Beds / baths | Size | Rent per unit | Pro forma |
|---|---|---|---|---|---|
| 1 Bedroom | 1 | 1 / 1 | — | $142/mo | — |
| 1 Bedroom | 1 | 1 / 1 | — | $133/mo | — |
| 3 Bedroom | 1 | 3 / 1 | — | $258/mo | — |
| 2 Bedroom | 1 | 2 / 1 | — | $208/mo | — |
| 1 Bedroom | 1 | 1 / 1 | — | $142/mo | — |
| 2 Bedroom | 1 | 2 / 1 | — | $158/mo | — |
6 units. Reported rent $12,492 a year ($1,041 a month).
Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.
Operating Statement
| Property taxes | $15,252/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
About the Business at 415 31st Street 1-6
- Included: Building, Fixtures, Furniture, Inventory, Land, License
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Douglas Elliman · FLBroker@elliman.com · Listing agent: Ryan Mitchell Gaines
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 415 31st Street 1-6 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 415 31st Street 1-6
- How much is 415 31st Street 1-6?
- 415 31st Street 1-6 is listed at $1,700,000, about $435 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 415 31st Street 1-6 zoned?
- The listing reports zoning of SF14(c. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 415 31st Street 1-6?
- The listing reports 3,905 square feet of building.
- When was 415 31st Street 1-6 built?
- 415 31st Street 1-6 was built in 1926. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 415 31st Street 1-6?
- The listing reports annual property taxes of $15,252 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 415 31st Street 1-6?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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