5133 Pine Grove Dr - Commercial LAND FOR SALE


West Palm Beach, FL 33417 64,033 SF
$1,500,000 USD
772-528-6229
5133 Pine Grove Dr, West Palm Beach, FL for Sale
$1,500,000 USD
Commercial LAND - FOR SALE
1/26
64,033 SF

5133 Pine Grove Dr
West Palm Beach, FL 33417


HIGHLIGHTS

  • Opportunity Zone
  • 1.47 Acres
  • Close Proximity to Palm Beach International Airport, I95, and Downtown Palm Beach

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$1,020,408/AC

PRICE/SF

$23 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

5133 Pine Grove Drive West Palm Beach, FL 334

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo, Open Space, Agribusiness, Single Family Residence

LAND ACRES

1.47 AC

LAND SF

64,033 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RH—MULTI-FAMILY (HIGH DE

APN/PARCEL ID

00-42-43-26-00-000-1130

ASK ABOUT THIS PROPERTY

Jean SicoliRE/MAX of StuartMore Info
772-528-6229

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Jean SicoliRE/MAX of StuartMore Info
772-528-6229

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.