The Story

5133 Pine Grove Drive North

West Palm Beach, FL 33417 · 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!


Facts & Features

Property Info

Price
$1,100,000
Completion Year
1,962
Living Space
800 sq ft
Floors
1
Bathrooms
1
Garage
2 spaces
Lot size
1 acres

Features & Amenities

Garage / Parking

2 spaces

Cooling

Central Air

Heating

Central

Appliances

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

Flooring

Ceramic Tile

Roof

Mixed

Lot Information

One To Two Acres, Fruit Trees

Exterior

Outdoor Living Area, Room For Pool

Water Source

Public

Sewer

Public Sewer

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Listing Broker

RE/MAX of Stuart

Broker Name

RE/MAX of Stuart

Agent

Taylor Stanfield

Location

Stuart FL 34994