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

--beds
1baths
800sqft
$1,500,000
$1,875price/sqft
$9,392/moest. monthly cost
$375,680/yrincome needed

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!

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Getting Around

37
WalkingCar-Dependent
38
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

3/10
Hope-Centennial Elementary SchoolGrades PK-50.3 mi
5/10
Bear Lakes Middle SchoolGrades 6-82.5 mi
2/10
Palm Beach Lakes High SchoolGrades 9-124.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1962

Materials

  • Roof: Mixed
  • Construction materials: Block,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Electric Water Heater,Free-Standing Freezer,Disposal,Ice Maker,Microwave,Refrigerator,Water Heater,Washer
  • Laundry features: Washer Hookup,Inside,Laundry Closet

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Built-in Features,Pantry,Stacked Bedrooms,Tub Shower,Walk-In Closet(s)
  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,536
  • Total interior livable area: 800 sqft

Property

Accessibility

  • Accessibility features: Accessibility Features,Accessible Kitchen

Details

  • Parcel number: 00424326000001130
  • Zoning: RH
  • Special condition: Standard,Listed As-Is

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio,Screened
  • Exterior features: Outdoor Living Area,Room For Pool
  • On waterfront: Yes
  • Waterfront features: None

Lot

  • Lot size: 1.47 Acres
  • Features: 1-2 Acres,Fruit Trees

Parking

  • Total spaces: 2
  • Parking features: Boat,Detached,Garage,Garage Door Opener,Open,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes