5133 Pine Grove Drive N, West Palm Beach FL 33417

West Palm Beach, FL, 33417

$1,100,000

Property facts

Status
Active
Price
$1,100,000
Bathrooms
1
Living area
800 sqft
Lot size
64,190 sqft
Year built
1962
Type
Single Family Residence
Garage spaces
2
Furnished
Unfurnished
Days on market
189
On market
March 24, 2026
MLS #
B26007254

About this single family residence

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!

Explore the full West Palm Beach market intelligence report — pricing trends, inventory & sales pace.

Listing courtesy of Taylor Stanfield, RE/MAX of Stuart, 772-288-1111. Listing information courtesy of the MIAMI Association of REALTORS® IDX feed. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's IDX Program. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.