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

$1,300,000

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

0 Beds
1 Baths
800 Sq Ft
1962 Year Built

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!

Property Details

MLS Number
B26007254
Property Type
Single Family Residence
City
West Palm Beach
County
Palm Beach
Subdivision
N/A
Garage
2 spaces