- beds
- 0
- baths
- 1
- sq ft
- 800
- Built
- 1962
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!
Listing last checked: Listing updated:
Listed by Taylor Stanfield, Jean Sicoli · RE/MAX of Stuart · MLS #B26007254
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Ceramic Tile
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1962
- Garage
- 2
- Parking
- 2
- Roof
- Mixed
Land & utilities5 property facts
- Lot size
- 1.47 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- RH
Financial2 property facts
- Annual taxes
- $3,507
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,100,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,854 / monthAdjust
- Principal & interest
- $5,562
- Property tax
- $292
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,507. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 5133 Pine Grove Drive N
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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