5133 Pine Grove DR, West Palm Beach, FL 33417
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5133 Pine Grove DR, West Palm Beach, FL 33417
5133 Pine Grove DR, West Palm Beach, FL 33417
5133 Pine Grove DR, West Palm Beach, FL 33417
5133 Pine Grove DR, West Palm Beach, FL 33417
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Sylvio Martini

Sylvio Martini

+1(305) 876-4420
$ 1,500,000
Est. payment /mo
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Active

5133 Pine Grove DR West Palm Beach, FL 33417

1,536 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,536 sqft

Price per Sqft $976

MLS Listing ID B26007262

HOA Y/N No

Year Built 1962

Annual Tax Amount $3,506

Tax Year 2025

Lot Size 1.470 Acres

Acres 1.47

Property Sub-Type Multi Family

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!

Location

State FL

County Palm Beach

Area 5500

Direction Haverhill Rd 1/2 mile North of Belvedere Rd or 1/2 mile south of Okeechobee Rd turn west.

Interior

Heating Central

Cooling Central Air

Exterior

Utilities Available Electricity Available, Water Available

Roof Type Other

Total Parking Spaces 2

Private Pool Yes

Building

Lot Description 1-2 Acres

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Others

Senior Community No

Tax ID 00424326000001130

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/5133-Pine-Grove-Drive-West-Palm-Beach-FL/unbranded

Miami Association of Realtors (SEFMIAMI MLS)
Listed by RE/MAX of Stuart

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Sylvio Martini
Sylvio Martini

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+1(305) 876-4420 | martini@miamirealtysolution.com

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5133 Pine Grove DR