5133 Pine Grove Drive, West Palm Beach FL 33417

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!

This multi family home located at 5133 Pine Grove Drive, West Palm Beach FL 33417 is currently for sale and has been available on Brickellsold for 89 days. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1962. 5133 Pine Grove Drive, West Palm Beach FL 33417 is in West Palm Beach county Palm Beach County.