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

About This Home

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

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Built-in Features, Pantry, Stacked Bedroom, Walk-In Closet(s), Family Room, Utility Room/Laundry, Workshop

Appliances

Electric Water Heater, Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer

Flooring

Ceramic Floor

Heating

Central

Cooling

Central Air

Furnished

Unfurnished

Garage Spaces

2

Parking Features

2 Or More Spaces, Detached, Open, Parking Garage, Rv/Boat Parking

Building & Association

Stories

1

Stories Total

1

Association

No

Pets Allowed

Yes

Security Features

Smoke Alarm, Smoke Detector(s), Smoke Detector

Lot & Construction

Lot Features

Lake Worth, 1 To Less Than 2 Acre Lot

Lot Size Square Feet

64,190

Waterfront

Yes

View

No

Construction Materials

CBS Construction, Stucco

Roof

Mixed, Various Material(S) Roof

Exterior Features

Fruit Trees, Room For Pool

New Construction

No

Public Records

Parcel Number

00424326000001130

Tax Annual Amount

$3,506

Tax Year

2,025

Zoning

RH

County Or Parish

Palm Beach County

Location