5133 N Pine Grove DR Active

West Palm Beach,FL 33417

$ 1300000

2 Beds

1 Bath

800 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $1,625

MLS Listing ID RX-10956921

Bedrooms 2

Full Baths 1

Year Built 1962

Annual Tax Amount $4,380

Tax Year 2023

Lot Size 1.474 Acres

Property Sub-Type Single Family Detached

Property Description

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

Location

State FL

County Palm Beach

Area 5500

Zoning High Density HR

Rooms

Other Rooms Family,Laundry-Util/Closet,Studio Bedroom,Workshop

Interior

Heating Window/Wall

Cooling Wall-Win A/C

Flooring Ceramic Tile

Exterior

Exterior Feature Covered Patio,Fruit Tree(s),Room for Pool,Screened Patio,Shutters

Parking Features 2+ Spaces,Garage - Detached,Open,RV/Boat

Garage Spaces 2.0

Community Features Sold As-Is

Utilities Available Cable,Electric,Lake Worth Drain Dis,Public Sewer,Septic

Amenities Available Extra Storage,Workshop

Waterfront Description None

Roof Type Mixed

Exposure North

Building

Lot Description 1 to < 2 Acres,Private Road

Story 1.00

Foundation CBS,Stucco

Schools

Elementary Schools Hope-Centennial Elementary School

Middle Schools Bear Lakes Middle School

High Schools Palm Beach Lakes High School

Others

Acceptable Financing Cash,Conventional,USDA,VA

Listing Terms Cash,Conventional,USDA,VA

Pets Allowed No Restrictions

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