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5133 Pine Grove Dr - 5133 Pine Grove Drive West Palm Beach, FL 334 1.47 Acres of Commercial Land Offered at $1,400,000 in West Palm Beach, FL 33417
Investment Highlights
- Opportunity Zone
- Close Proximity to Palm Beach International Airport, I95, and Downtown Palm Beach
- 1.47 Acres
Executive Summary
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
1 Lot Available
Lot
| Price | $1,400,000 | Lot Size | 1.47 AC |
| Price Per AC | $952,380.95 |
| Price | $1,400,000 |
| Price Per AC | $952,380.95 |
| Lot Size | 1.47 AC |
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.
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Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00-42-43-26-00-000-1130 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $179,393 |
Property Taxes
Parcel Number
00-42-43-26-00-000-1130
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$179,393
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5133 Pine Grove Dr - 5133 Pine Grove Drive West Palm Beach, FL 334