N A Single Family House For Sale
5133 Pine Grove Drive N, West Palm Beach, FL 33417

$1,500,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:B26007254
  • Virtual Tour: YES
  • List Price: $1,500,000
  • Living Area: 800 Ft² / 74 M²
  • Price Per Foot/Meter: $1,875 / $20,182
  • Full Baths:1
  • Taxes:$3,506
  • Year Built:1962
  • Waterfront:YES
  • Listing Date:March 26, 2026
  • Days On Market:84

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!

Features


  • Floor:CeramicTile
  • Interior Feature:BuiltInFeatures, StackedBedrooms, TubShower, WalkInClosets, Pantry, Workshop
  • Exterior Feature:FruitTrees, Patio, RoomForPool, StormSecurityShutters

Location


Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker