Active
single
SALE
5133 Pine Grove Drive N, West Palm Beach, Florida 33417
West Palm Beach, FL 33417
$1,300,000
1 bath
800 sqft
Property Details
MLS#
B26007254
Type
Single
Square Footage
800
Bathrooms
1 full
Year Built
1962
Tax Amount
$3,506
Garage Spaces
2
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!
Amenities
1 Stories
2-car Garage
Built 1962
Built-in Features
Built-in Features, Pantry, Stacked Bedrooms, Tub Shower, Walk-In Closet(s)
Cooling: Central Air
Heating: Central
Outdoor Living Area
Outdoor Living Area, Room For Pool
Pantry
Room For Pool
Stacked Bedrooms
Tub Shower
Walk-In Closet(s)
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$0.00 per month
30 Year Fixed, 6.59% Interest
Principal & Interest
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Property Tax
$0.00
Mortgage Insurance
$0.00
HOA
$0.00
Home Owners Insurance
$0.00
Property Location
Listing Office:
RE/MAX of Stuart
Listing Agent:
Taylor Stanfield
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