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

West Palm Beach, FL 33417
$1,300,000
13% from $1,500,000
Beds
Baths
1
Living Area
800 SF
Year Built
1962
$/SF
$1625
Type
SingleFamilyResidence
DOM
134
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Photos · 27
About this property

? bed · 1 bath · 800 sqft · Built 1962

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!

Property facts
Property type
SingleFamilyResidence
Condition
Resale
Year built
1962
Stories
1
Roof
Mixed
Subdivision
N/A
Waterfront
Yes
Waterfront features
None
Private pool
No
Public records
Parcel number
00424326000001130
Annual tax
$3,507
County just value
$385,618
The neighborhood

West Palm Beach anchors the county — downtown high-rises, El Cid historic district, and the South of Southern (SoSo) coastal corridor. The market here is the most diverse in the county.

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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 8/5/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.

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