Home in 5133 Pine Grove Drive N, West Palm Beach, FL 33417 for sale with MLS# B26007254
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!
5133 Pine Grove Drive N, West Palm Beach, FL 33417
Price
- Price:
- $1,500,000.00
- Original List Price:
- $1,500,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $976.56
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 26, 2026 5:45 pm
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Room Type:
- Laundry, Family Room, Workshop, Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- Combo Tub/shower
Measures
- Living Area:
- 800 Sqft
- Built-Up Area:
- 1,536 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
- Lot Features:
- Room For Pool, Fruit Tree(s)
- Lot Size Acres:
- 1.47
Property Features
- Waterfront:
- Yes
- Security:
- Smoke Detector(s)
- Furnished:
- Unfurnished
- Accessibility:
- Accessible Kitchen
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker, Water Heater, Free-Standing Freezer
- Interior:
- Pantry, Walk-In Closet(s), Built-in Features, Bedroom Layout - Stacked
- Patio and Porch:
- Patio, Patio - Covered, Patio - Screened
- Laundry:
- Washer Hookup, Inside, Laundry Closet
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- North
- Storm Protection Accordian Shutters:
- Complete
- Storm Protection Details:
- Storm Shutters, Generator Hookup
Construction
- Year Built:
- 1962
- Roof:
- Mixed
- Year Roof Installed:
- 2016
- Levels:
- Two
- Construction Materials:
- Stucco, CBS
- Flooring:
- Ceramic Tile
- Number of stories:
- 1
- Structure Type:
- House
- Stories:
- 1
- Road Frontage Type:
- Private Road
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $3,506.94
- Tax Year:
- 2025
- Tax Assessed Value:
- $179,393.00
- Property Tax Details:
- City/County, Homestead Exemption, Lake Worth Drain District
Parking
- Parking Total Spaces:
- 2
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Parking Features:
- Garage, Garage Door Opener, Open, Rv Access/parking, Detached Garage, Boat Access/parking
Utilities
- Sewer:
- Public Sewer
- Electric:
- Three Phase
- Utilities Available:
- Cable Available, Sewer Available
- Water Source:
- Public
Community
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- N/A
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Membership Details:
- No Membership Available
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Owner Occupied
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- 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)
- Real Estate Folio Number (Parcel Number):
- 00424326000001130
- Zoning:
- RH
Public Schools Assigned
- Elementary School:
- Winegard Elem
- High School:
- Palm Beach Lakes
- Middle Or Junior School:
- Bear Lakes
Listing History
- Active on the market since:
- March 26, 2026
- Listing Agreement executed on:
- March 24, 2026
- Listing Status Last Changed On:
- March 26, 2026 5:45 pm
- Photos updated on:
- March 26, 2026 5:45 pm
- Last Modified:
- April 9, 2026 6:19 am
Additional Information
- Courtesy of:
- Illustrated Properties/Sewalls
- Attribution:
- Not provided
Location
- Street Name:
- Pine Grove
- Street Number:
- 5133
- City:
- West Palm Beach
- State:
- Florida
- Zip Code:
- 33417
- County:
- Palm Beach
- Latitude:
- N26° 42' 0.4''
- Longitude:
- W81° 52' 43.3''
- Street Suffix:
- Drive
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$50,077
Median Home Value
$159,300
Median Rent
$1,533/mo
Median Age
48
Population
36,464
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