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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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5133 Pine Grove Dr , West Palm Beach, FL 33417
$1,300,000
Est. Payment: $2,888.89/mo
0 Bed
0 Bath
1536 Sqft
Status: Active | Days on site: 173
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FLL279000150 - FLL3632635,MRT3505794
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House 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!

Highlights

Listed by Taylor Stanfield , 772-200-7586 and Jean Sicoli , 772-528-6229 RE/MAX of Stuart , 772-288-1111.

Property Type

Commercial Sale

Lot/Acreage
1.47

Year Built

1962

County

Palm Beach

Area

5500

Listing ID

B26007262

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Water:Public

Exterior Features

Lot:1-2 Acres
Garage Capacity:2
Zoning:RH
Roof:Other
Sewer:Public Sewer
Parking Features:RV Access/Parking
Principal Interest
$2,889
Taxes
$292

Home Price

$1,300,000

Loan Details

30 yrs
%

Down Payment

20%
$260,000
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Monthly Price:
$2,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,888.89 $292.17 $0.00 $3,181.06
Yearly $34,666.67 $3,506.00 $0.00 $38,172.67
Total $1,040,000.00 $105,180.00 $0.00 $1,145,180.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (West Palm Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.