5133 Pine Grove Drive N, West Palm Beach, FL, 33417
3 rooms
0 beds
1 Full baths
1962
800 sqft
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!
Status:
Active
Type:
Single-family residential
Furnished Remarks:
Unfurnished
Laundry Remarks:
Laundry Closet, Inside, Washer Hookup
Zoning:
RH
Subdivision:
N/A
Garage:
2-car Detached
Heating:
Central
Cooling:
Central Air
Levels:
1
Parking:
Garage Door Opener, Open, RV Access/Parking, Garage, Detached Garage, Boat Access/Parking
Acreage:
1.47
Est. Taxes:
$3,507
Assessment
$179,393
Construction
Stucco, CBS
Utilities
Cable Available, Sewer Available
Lot Description:
Fruit Tree(s), Room for Pool
Waterfront:
Yes
Elementary School:
Hope-Centennial
Middle School:
Bear Lakes
High School:
Palm Beach Lakes
Days on Market:
53
Pet Policy:
Yes, No Restrictions
Appliances:
Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
MLS #:
B26007254
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of RE/MAX of Stuart 772-288-1111