Modern Living Group
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$1,400,000ACTIVE

5133 Pine Grove Drive N, West Palm Beach, FL 33417

0beds1baths800sq ft$1,750/ sq ft
THE RESIDENCE

About this home

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!

THE DETAILS

Property details

List Price$1,400,000
Price / Sq Ft$1750
Bedrooms0
Bathrooms1
Inside Sq Ft800
Lot Size1.47 acres
Year Built1962
PoolNo
Garage2
ConstructionBlock, Stucco
FlooringCeramic Tile
Days on Market89
Property TypeSingleFamilyResidence
MLS #B26007254
StatusActive
Original List Price$1,500,000
Total Sq Ft1,536
SubdivisionN/A
Show all details (10 more)
PetsAllowed (restrictions)
Stories1
WaterfrontYes
Direction FacesNorth
Annual Taxes (2025)$3,507
Elementary SchoolHope-Centennial
Middle SchoolBear Lakes
High SchoolPalm Beach Lakes
CityWest Palm Beach
Zip Code33417
LOCATION

Where you'll live

Patrick Lafferty
FEATURED AGENT
Patrick Lafferty
WPB Specialist
Founding Agent

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