$1,500,000

5133 Pine Grove Drive, West Palm Beach, FL 33417

  • 1,536 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon1.47acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $977/sqft
  • Property List Date Icon Listed 1 month ago

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!

Listing Status:
Active
Date Added:
March 26, 2026
Data Last Updated:
May 12, 2026 at 1:19AM
Listing Office:
RE/MAX of Stuart : 772-288-1111
Listing Agent:
Taylor Stanfield : 772-200-7586
MLS ID:
B26007262
  • A/C: Central Air
  • Heating: Central
  • Parking: BoatParking spaces: 2
  • Roofing: Mixed
  • General: Block1
  • Originating MLS: BEACH_BEACH
  • County: Palm Beach
  • Zoning: RH26-43-42~ W 200 FT OF S 1/2 OF SE 1/4 OF SE 1/4 OF NE 1/4 (LESS S 10.23 FT LWDD L-2 CNL R/W)00424326000001130
  • Utilities: Electricity AvailableWater AvailableOther
  • Water: Public
  • Sewer: Public Sewer
  • Source: BEACH_BEACH

This listing courtesy of Taylor Stanfield , RE/MAX of Stuart

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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