5133 Pine Grove N Drive, 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 1785720943
- MLS#
- B26007254
- Year Built
- 1962
- Bathrooms
- 1
- Living Area
- 800
- Lot Size
- 64,190
- Acres
- 1.47
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!
Additional Information
- Taxes
- $3,506
- Community Features
- N/a
- Property Description
- House
- Zoning
- RH
- Interior Features
- Built-in Features, Pantry, Stacked Bedroom, Walk-In Closet(s), Family Room, Utility Room/Laundry, Workshop
- Appliances
- Electric Water Heater, Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
- Utilities
- Cable Connected, Sewer Connected, Cable Available, Sewer Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- CBS Construction, Stucco
- Roof
- Mixed, Various Material(S) Roof
- Garage Spaces
- 2
- Elementary School
- Hope-Centennial
- Middle School
- Bear Lakes
- High School
- Palm Beach Lakes
Listing Courtesy Of RE/MAX of Stuart, Contact: