Price Reduced 6.67%
Price History
$1,500,000
3/26/2026
$1,400,000
6/22/2026
5133 Pine Grove Drive, West Palm Beach, FL
1962
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:
Commercial
Zoning:
RH
Heating:
Central
Cooling:
Central Air
Levels:
1
Parking:
Boat Access/Parking
Acreage:
1.47
Est. Taxes:
$3,507
Assessment
$179,393
Construction
CBS
Utilities
Electricity Available, Water Available
Days on Market:
89
MLS #:
B26007262
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of RE/MAX of Stuart 772-288-1111