Homes for sale in West Palm Beach
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Multi Family
5133 Pine Grove Drive
West Palm Beach, FL 33417
$1,100,000
- Year built
- 1962
Listing courtesy of Taylor Stanfield, RE/MAX of Stuart
About this 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!
Details
Property
- Type
- Multi Family
- Year built
- 1962
- Stories
- 1
- Lot size
- 64,190 sq ft
- County
- Palm Beach County
Interior
- Cooling
- Central Air
- Heating
- Central
Exterior and parking
- Parking
- Rv/Boat Parking
- Construction
- CBS Construction
- Roof
- Mixed, Various Material(S) Roof
Community and fees
- Security
- No Fire Protection, No Security
- Annual taxes
- $3,506
- Terms
- All Cash, Conventional
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 20, 2026.