5133 Pine Grove Drive N, West Palm Beach, FL 33417
- $1,300,000
- 1
- BA
- 800
- SqFt
- List Price
- $1,300,000
- Days on Market
- 172
- Price Change
- ▼ $100,000 1785722856
- MLS#
- B26007254
- Year Built
- 1962
- Bathrooms
- 1
- Living Area
- 800
- Acres
- 1.47
- MLS Area Major
- 5500
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!
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Additional Information
- Taxes
- $3,506
- Interior Features
- Built-in Features, Pantry, Stacked Bedrooms, Tub Shower, Walk-In Closet(s)
- Appliances
- Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
- Utilities
- Cable Available, Sewer Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Roof
- Mixed
- Garage Spaces
- 2
- Elementary School
- Hope-Centennial
- Middle School
- Bear Lakes
- High School
- Palm Beach Lakes
Listing courtesy of RE/MAX of Stuart. Contact:
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All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
Agent: Taylor Stanfield | Email: taylorstanfieldrealtor@gmail.com