5133 Pine Grove Drive N, West Palm Beach FL 33417

For sale Days on market 148

$1,300,000

$1625/sq ft

$200,000
Price Decreased

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5133 Pine Grove Drive N, West Palm Beach FL 33417

For sale Days on market 148

$1,300,000

$1625/sq ft

$200,000
Price Decreased

Overview

Bath

Year Built

1962

Garage

Sqft

800

Property Type

Single Family Residence

Property Description

Exceptional development opportunity for investors, builders, or developers. This 1.47-acre property is currently zoned Residential High Density with future land use supporting multi-family development. Situated within an Opportunity Zone, it offers potential tax incentives and streamlined permitting. The site currently allows for approximately 5 units per acre with a 35' height limit, with substantial upside through assemblage. The city has indicated that securing an adjacent parcel could enable a private road with direct access to Haverhill Rd., significantly increasing allowable density and overall value. A rare chance to capitalize on a strategically located growth corridor with so much potential!

Property Details

MLS#

B26007254

Garage

Total Floor in Bldg

Address

5133 Pine Grove

City

West Palm Beach

State/county

Zip/Postal Code

33417

Area

N/a

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,506

Maint Fee

$--

Tax Year

2025

Electric Water Heater

Dishwasher

Disposal

Dryer

Free-Standing Freezer

Ice Maker

Microwave

Electric Range

Refrigerator

Washer

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