5133 N Pine Grove DR Active

West Palm Beach,FL 33417

$ 1300000

2 Beds

1 Bath

800 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $1,625

MLS Listing ID RX-10956921

Bedrooms 2

Full Baths 1

Year Built 1962

Annual Tax Amount $4,380

Tax Year 2023

Lot Size 1.474 Acres

Property Sub-Type Single Family Detached

Short Sale No

Sub Type Single Family Detached

Property Description

RARE COMMERCIAL REDEVELOPMENT OPPORTUNITY | 1.47 AcresExceptional investment opportunity just off Haverhill Rd. This 1.47-acre property is located in an Opportunity Zone and zoned for High-Density Multi-Family (RH), allowing for the development of 7-13 units. The site offers private access and use allowance from Haverhill Road, enhancing accessibility and long-term value. Perfect for builders and investors looking to capitalize on West Palm Beach's growth.Key Features: Future Land Use: High-Density Multi-Family Buildable for 7-13 Units Opportunity Zone with Potential Tax Benefits Private Access/Use Allowance from Haverhill Road Ideal for Multifamily Redevelopment or Assemblage

Location

State FL

County Palm Beach

Area 5500

Zoning High Density HR

Zoning High Density HR

Rooms

Other Rooms Family,Laundry-Util/Closet,Studio Bedroom,Workshop

Interior

Heating Window/Wall

Cooling Wall-Win A/C

Flooring Ceramic Tile

Exterior

Exterior Feature Covered Patio,Fruit Tree(s),Room for Pool,Screened Patio,Shutters

Parking Features 2+ Spaces,Garage - Detached,Open,RV/Boat

Garage Spaces 2.0

Community Features Sold As-Is

Utilities Available Cable,Electric,Lake Worth Drain Dis,Public Sewer,Septic

Amenities Available Extra Storage,Workshop

Waterfront Description None

Roof Type Mixed

Exposure North

Roof Mixed

Construction CBS,Stucco

Building

Lot Description 1 to < 2 Acres,Private Road

Story 1.00

Foundation CBS,Stucco

Schools

Elementary Schools Hope-Centennial Elementary School

Middle Schools Bear Lakes Middle School

High Schools Palm Beach Lakes High School

Others

Acceptable Financing Cash,Conventional,USDA,VA

Listing Terms Cash,Conventional,USDA,VA

Pets Allowed No Restrictions

Virtual Tour https://www.propertypanorama.com/5133-Pine-Grove-Drive-West-Palm-Beach-FL-33417/unbranded

View More
Favorite Go Tour