Active MLS listing · MLS #B26007254

5133 Pine Grove Drive N

West Palm Beach, FL, 33417

1 / 12

$1,300,000

0Beds

1Baths

800SqFt

Property type: Single Family Residence
Subdivision: N/A
Year built: 1962

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 Courtesy of: RE/MAX of Stuart
JAL@remaxofstuart.com

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