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Active Multi Family
$1,100,000 ↓ −$400,000 (26.7%)
5133 Pine Grove Drive, West Palm Beach FL 33417, West Palm Beach, FL 33417
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1962
Year Built

About This Property

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!

Property Details

Property Type Multi Family
Days on Market 179 days
HOA Fee None
Parking 2 spaces
Pool No
Waterfront No
Community —
Pets Allowed

Location

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D
Dayron Crespo
Broker

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