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$1,400,000

Est. payment - /mo

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1 Bath

800 SqFt

Price Dropped by $100K

5133 Pine Grove DR N West Palm Beach, FL 33417

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Jhaun Pryce

jhaun.pryce1@gmail.com +1(305) 912-8349

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $1,750

MLS Listing ID B26007254

Full Baths 1

HOA Y/N No

Year Built 1962

Annual Tax Amount $3,506

Tax Year 2025

Lot Size 1.470 Acres

Acres 1.47

Property Sub-Type Single Family Residence

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!

Location

State FL

County Palm Beach

Area 5500

Direction Haverhill Rd 1/2 mile North of Belvedere Rd or 1/2 mile south of Okeechobee Rd turn west.

Interior

Interior Features Built-in Features, Stacked Bedrooms, Tub Shower, Walk-In Closet(s), Pantry, Workshop

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Furnishings Unfurnished

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

Laundry Washer Hookup

Exterior

Exterior Feature Fruit Trees, Patio, Room For Pool, Storm/Security Shutters

Garage Spaces 2.0

Pool None

Utilities Available Cable Available, Sewer Available

Roof Type Other

Handicap Access Accessible Kitchen

Porch Patio

Total Parking Spaces 2

Garage Yes

Private Pool No

Building

Lot Description 1-2 Acres

Faces North

Story 1

Sewer Not Connected (at lot), Public Sewer, Other

Water Public

Level or Stories One

Structure Type Block,Stucco

Schools

Elementary Schools Hope-Centennial

Middle Schools Bear Lakes

High Schools Palm Beach Lakes

Others

Pets Allowed No Pet Restrictions

Senior Community No

Restrictions No Restrictions

Tax ID 00424326000001130

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed No Pet Restrictions

Virtual Tour https://www.propertypanorama.com/5133-Pine-Grove-Drive-N-West-Palm-Beach-FL-33417/unbranded

Miami Association of Realtors (SEFMIAMI MLS)

Listed by RE/MAX of Stuart

+1(305) 912-8349

jhaun.pryce1@gmail.com

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