5133 Pine Grove Drive N, West Palm Beach, FL 33417
$1,100,000 · 1 baths, 800 square feet · Active
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, the listing brokerage. MLS number B26007254.
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