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5133 Pine Grove Dr
West Palm Beach, FL 33417 West Palm Beach

$1,500,000 USD

Land For Sale • 1.47 AC

Property Details

Property Type Land
Lot Size 1.47 AC
Zoning RH—MULTI-FAMILY (HIGH DE

30 Transit Score

50 Walk Score

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

Property Flyers

5133_Pine_Grove_LoopNet_Brochure_Final updated

Public Transportation

Commuter Rail	Drive	Walk	Distance
West Palm Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	9 min	-	4.6 mi
West Palm Beach (Mainline - Brightline)	11 min	-	5.0 mi
Airport	Drive	Walk	Distance
Palm Beach International	8 min	-	3.4 mi

Jean Sicoli 772-528-6229 RE/MAX of Stuart

5133 Pine Grove Dr West Palm Beach, FL 33417 West Palm Beach