5133 Pine Grove Drive N West Palm Beach, FL 33417
$1,100,000
0 Beds
1 Baths
800 sqft
MLS#
B26007254
Type
Single Family Residence
Status
Active Listing
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!
Cooling:Central Air
Bedroom Layout - Stacked
Built-in Features
Pantry
Walk-In Closet(s)
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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