About this home
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.
Listing last checked: Listing updated:
Listed by Ryan Mitchell Gaines, Chayanne Figueroa · Douglas Elliman · MLS #B26027504
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Details at a glance
Interior3 property facts
- Heating
- Electric
- Cooling
- Attic Fan, Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
- Flooring
- Tile, Wood
Building4 property facts
- Style
- Multi Family
- Year built
- 1926
- Parking
- 0
- Roof
- Mixed
Land & utilities4 property facts
- Lot size
- 0.14 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- SF14(c
Financial3 property facts
- Annual taxes
- $15,252
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $1,700,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$9,867 / monthAdjust
- Principal & interest
- $8,596
- Property tax
- $1,271
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $15,252. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 415 31st Street #1-6
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