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5133 Pine Grove Drive N, West Palm Beach, FL 33417

$1,500,000

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Property 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!

5133 Pine Grove Drive N | MLS# B26007254

This single family home located at 5133 Pine Grove Drive N, West Palm Beach, FL 33417 is currently listed for sale with an asking price of $1,500,000. This property was built in 1962 and with 1536 sq. ft. Search West Palm Beach real estate on pattimohr.watsonrealtycorp.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2
Heating: Central
Lot Size: 1.47 Acres
Roof Type: Mixed
Stories: 1.0
Taxes: $3,506
Year Built: 1962
Square Feet: 1,536

Amenities

Built-in Features
Pantry
Walk-In Closet(s)
Bedroom Layout - Stacked

Feature Descriptions

Accessibility: Accessible Kitchen
Appliances: Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
Days on Site: 2
Exterior: Stucco, CBS
Flooring: Ceramic Tile
Furnished: Unfurnished
Laundry: Laundry Closet, Inside, Washer Hookup
Lot: Fruit Tree(s), Room for Pool
Lot: Fruit Tree(s), Room for Pool
Parcel#: 00424326000001130
Parking: Garage Door Opener, Open, RV Access/Parking, Garage, Detached Garage, Boat Access/Parking
Parking Notes: Garage Door Opener, Open, RV Access/Parking, Garage, D
Patio/Porch: Patio - Covered, Patio - Screened, Patio
Pets Allowed: Yes, No Restrictions
Restrictions: No Restrictions
Security: Smoke Detector(s)
Sewer: Public Sewer
SQFT Living: 800
Structure Type: House
Total Rooms: 3
Utilities: Cable Available, Sewer Available
Utilities: Cable Available, Sewer Available
Water: Public
Waterfront Features: None

Local Schools

High School: Palm Beach Lakes
Middle School: Bear Lakes
Elementary School: Hope-Centennial

Listed By / Shown By

Listed By

Agency Name: Illustrated Properties/Sewalls
Agency Phone: 772-221-1118

Shown By

Agent Name: Patti Mohr
Agent Phone: (904) 813-4430
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 7,962.89 per month $7,233.23 Principal & Interest $292.17 Property Tax $437.50 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/29/2026. The listing information on this page last changed on 03/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 03/29/2026 12:16:22 AM EST) or GAMLS (last updated Sat 03/28/2026 11:15:29 PM EST) or Stellar MLS (last updated Sat 03/28/2026 11:58:51 PM EST) or SPC MLS (last updated Sat 03/28/2026 11:20:27 PM EST) or Martin MLS (last updated Sat 03/28/2026 11:38:09 PM EST) or Indian River MLS (last updated Sat 03/28/2026 11:30:19 PM EST) or Daytona MLS (last updated Sat 03/28/2026 11:36:53 PM EST) or Northeast Florida MLS (last updated Sun 03/29/2026 12:08:40 AM EST) or Beaches MLS (last updated Sun 03/29/2026 12:09:01 AM EST) or BORMLS (last updated Sat 03/28/2026 11:16:01 PM EST) or Golden Isles MLS (last updated Sat 03/28/2026 11:26:28 PM EST) or Amelia/Nassau MLS (last updated Sat 03/28/2026 11:25:13 PM EST) or Dixie Gilchrist Levy MLS (last updated Sat 03/28/2026 11:42:16 PM EST) or NFLMLS (last updated Sat 03/28/2026 9:04:51 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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