5133 Pine Grove Drive
West Palm Beach, FL 33417
0
Bed
1
Bath
800Sqft
1.47Acres(Lot)
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 Details
Map
Map
Features
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Interior Features
BuiltInFeatures, StackedBedrooms, TubShower, WalkInClosets, Pantry, WorkshopRoof: OtherAppliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Freezer, Disposal, IceMaker, Microwave, Refrigerator, WasherLaundry Features: WasherHookup -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir Water front: 1
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Building Information
Year Built: 1962Building Area Total: 1536Construction Materials: Block, StuccoStories: 1Patio And Porch Features: PatioPool Features: NonePrivate Pool: No -
Exterior Features
Exterior Features: FruitTrees, Patio, RoomForPool, StormSecurityShutters
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Lot Information
Lot Size Acres: 1.47 Lot Description: OneToTwoAcresProperty Information
Subdivision: N/A Source Property Type: Residential MLS Area Minor: Palm Beach 5500; 5510 Postal Code Plus 4: 4723 Zoning Description: RH Property SubType: Single Family Residence Direction Faces: North Levels: One Property Age: 64
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Listing Price Information
Listing Price: $1500000Cash, Conventional
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Tax Information
Parcel Number: 00424326000001130 Tax Year: 2025 Annual Tax: $3506 Tax Legal Desc: 26-43-42~ W 200 FT OF S 1/2 OF SE 1/4 OF SE 1/4 OF NE 1/4 (LESS S 10.23 FT LWDD L-2 CNL R/W)
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Virtual Tour
Parking Information
Parking Total: 2 Detached, Garage, Open, RvAccessParking, TwoOrMoreSpaces, GarageDoorOpenerGarage Information
Has Garage: Yes Garage Space: 2 Pets Allowed: NoPetRestrictions
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School Information
Elementary School: Hope-Centennial Junior High School: Bear Lakes Senior High School: Palm Beach Lakes -
Utility Information
CableAvailable, SewerAvailable -
Location Information
Direction: Haverhill Rd 1/2 mile North of Belvedere Rd or 1/2 mile south of Okeechobee Rd turn west. WaterSource: Public Security Features: SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5120 Foxhall Drive, West Palm Beach, FL, 33417 | $489,900 | 3 | 4 | 1,969 | 1,969 SqFt |
| 4675 Lakeside Circle, West Palm Beach, FL, 33417 | $399,999 | 3 | 3 | 1,452 | 1,452 SqFt |
| 3874 Circle Lake Drive, West Palm Beach, FL, 33417 | $475,000 | 3 | 3 | 1,819 | 1,819 SqFt |
| 3465 Amalfi Drive, West Palm Beach, FL, 33417 | $304,999 | 2 | 2 | 1,525 | 1,525 SqFt |
| 4643 Appaloosa Street, West Palm Beach, FL, 33417 | $499,000 | 3 | 2 | 1,344 | 1,344 SqFt |
| 2805 Foxhall Drive, West Palm Beach, FL, 33417 | $499,990 | 3 | 3 | 1,924 | 1,924 SqFt |
| 171 Chatham I, West Palm Beach, FL, 33417 | $159,000 | 2 | 2 | 798 | 798 SqFt |
| 334 Southampton B, West Palm Beach, FL, 33417 | $89,900 | 1 | 2 | 819 | 819 SqFt |
| 239 Coventry J, West Palm Beach, FL, 33417 | $109,999 | 2 | 2 | 798 | 798 SqFt |
| 4559 Cole Street, West Palm Beach, FL, 33417 | $559,000 | 5 | 3 | 1,972 | 1,972 SqFt |
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ByOwner last updated this listing 06/14/2026 @ 22:39
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