Exceptional development opportunity for investors, builders, or

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Home For Sale

5133 Pine Grove Dr N

West Palm Beach, Florida 33417

Palm Beach County

Waterfront: Yes

Community: 

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$1,500,000 0 br, 1.0 bath 800 sq. ft. 1.470 acres

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!

Interior:
  • Bedrooms: 0
  • Baths: 1.0
  • Sq Ft: 800
  • Year Built: 1962
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Central
  • Garage: Boat, Garage, Open, Garage - Detached, RV
Exterior:
  • Lot Size: 1.470 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: CBS, Stucco
  • Roof: Mixed
  • Property Taxes: $3,507
  • MLS #: B26007254
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Contact Information:
Beach Home For Sale in West Palm Beach, Florida
Listing Agent: Taylor Stanfield, RE/MAX of Stuart, 772-200-7586, 772-288-1111 Listing Site, Listing Status: Active
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7481825
Viewed 20 times.
Updated: Mar 26, 2026

This property is a Home located at 5133 Pine Grove Dr N, West Palm Beach, Florida 33417, and is currently For Sale at $1,500,000. This Home has 0 bedrooms, 1.0 baths, 800 sq ft.