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$1,300,000
-- Bed
- 1 Bath
1 full bath
800sqft
5133 Pine Grove Dr N, West Palm Beach, FL 33417
$1,300,000
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Single Family Residence
Built in 1962
$-- HOA
1.47 acres lot
$1,625/sq.ft
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 cor...
Continue ReadingProperty Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
800 sqft
Lot Size
1.47 acres lot
Basement Area
- sqft
MLS Name
Miami MLS
MLS Number
B26007254
MLS Status
Active
Days on Market
137
Cumulative Days on Market
131
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