5133 Pine Grove Drive West Palm Beach, FL 33417

2 Bedroom, 800 Sqft, Single Family Detached

AGENT'S REMARKS ABOUT 5133 PINE GROVE DRIVE

RARE COMMERCIAL REDEVELOPMENT OPPORTUNITY | 1.47 AcresExceptional investment opportunity just off Haverhill Rd. This 1.47-acre property is located in an Opportunity Zone and zoned for High-Density Multi-Family (RH), allowing for the development of 7-13 units. The site offers private access and use allowance from Haverhill Road, enhancing accessibility and long-term value. Perfect for builders and investors looking to capitalize on West Palm Beach's growth.Key Features: Future Land Use: High-Density Multi-Family Buildable for 7-13 Units Opportunity Zone with Potential Tax Benefits Private Access/Use Allowance from Haverhill Road Ideal for Multifamily Redevelopment or Assemblage

PROPERTY DETAILS

  • Property Type: Single Family Detached
  • Approx Living Area: 800 SqFt
  • Total Bedrooms: 2
  • Bathrooms: 1 Full
  • Year Built: 1962
  • Lot Size: 64,190 SqFt
  • Acreage: 1 to < 2 Acres, Private Road
  • Garage Spaces: 2
  • Stories: 1
  • Parking Type: 2+ Spaces, Garage - Detached, Open, RV/Boat
  • Rooms: Family, Laundry-Util/Closet, Studio Bedroom, Workshop
  • Interior: Built-in Shelves, Pantry, Stack Bedrooms, Walk-in Closet
  • Other Appliances: Auto Garage Open, Dishwasher, Disposal, Dryer, Freezer, Generator Hookup, Ice Maker, Microwave, Range - Electric, Refrigerator, Smoke Detector, Storm Shutters, Washer, Washer/Dryer Hookup, Water Heater - Elec
  • Flooring: Ceramic Tile
  • Roof: Mixed
  • Age Restrictions: No Hopa
  • Total Floors in Building: 1
  • House Faces/Primary View: North
  • Construction: CBS, Stucco
  • Exterior Description: Covered Patio, Fruit Tree(s), Room for Pool, Screened Patio, Shutters
  • Cooling System: Wall-Win A/C
  • Heating: Window/Wall
  • Utility Information: Cable, Electric, Lake Worth Drain Dis, Public Sewer, Septic
  • Furnished: Unfur
  • Pets Allowed: Yes

VIDEO TOUR

MAP LOCATION FOR 5133 PINE GROVE DRIVE WEST PALM BEACH, FL 33417

Directions: Haverhill Rd 1/2 mile North of Belvedere Rd or 1/2 mile south of Okeechobee Rd turn west.

Listing courtesy of BitRealty 04.18.2025

If you are interested in this property at 5133 Pine Grove Drive or any other properties in West Palm Beach please contact The Rucco Group at (561) 737-0366.