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!

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Tax Information

Tax Legal Description 26-43-42~ W 200 FT OF S 1/2 OF SE 1/4 OF SE 1/4 OF NE 1/4 (LESS S 10.23 FT LWDD L-2 CNL R/W)
Tax Year 2025
Taxes$3,506

Building

Building ConstructionBlock
Year Built1962

Exterior

RoofMixed

Property Information

Acreage1.47
Lot Features 1-2 Acres
Property Condition Resale
Property Sub Type Additional Multi Family

Other

Date Listed03/26/2026
Documents Available Other
Possession Close Of Escrow
Special Listing Conditions Standard

Parking

Parking Features Boat
Parking Total 2

Location

Address5133 Pine Grove Drive
Area5500
Building Number5133
CountyPalm Beach
StateFL
StreetPine Grove Drive
TownWest Palm Beach

Amenities

Cooling Central Air
Cooling YN Yes

Water Body

Water AccessPublic

Legal

Parcel Number 00424326000001130
Universal Parcel Id urn:reso:upi:2.0:US:12099:00424326000001130

Basic Information

List Price$1,400,000
MLS NumberB26007262
Modification Date06/22/2026
Property SubTypeMulti Family
Property TypeCommercial Sale
StatusACT
Virtual TourView Tour

Utilities

Electric Other
Heat SystemCentral
Heating YN Yes
Utilities Electricity Available, Water Available
Waste Water DisposalPublic Sewer

Based on information submitted to BeachesMLS as of June 30, 2026 9:55 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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5133 Pine Grove DriveWest Palm Beach FLMLS Number B26007262

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5133 Pine Grove DriveWest Palm Beach FLMLS Number B26007262

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