About 5133 Pine Grove Drive N
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
Features of 5133 Pine Grove Drive N
| MLS® # | RX-10956921 |
|---|---|
| USD | $1,300,000 |
| CAD | $1,826,708 |
| CNY | 元9,262,630 |
| EUR | €1,114,854 |
| GBP | £966,701 |
| RUB | ₽104,649,480 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Total Square Footage | 1,536 |
| Living Square Footage | 800 |
| Square Footage | Tax Rolls |
| Acres | 1.47 |
| Year Built | 1962 |
| Type | Residential |
| Sub-Type | Single Family Detached |
| Restrictions | None, Daily Rentals |
| Unit Floor | 0 |
| Status | Active |
| HOPA | No Hopa |
| Membership Equity | No |
Community Information
| Address | 5133 Pine Grove Drive N |
|---|---|
| Area | 5500 |
| Subdivision | N/A |
| City | West Palm Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33417 |
Amenities
| Amenities | Extra Storage, Workshop |
|---|---|
| Utilities | 3-Phase Electric, Public Sewer, Septic, Cable, Lake Worth Drain Dis |
| Parking | Garage - Detached, 2+ Spaces, Open, RV/Boat |
| # of Garages | 2 |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
| Boat Services | Water Available |
| Pets Allowed | Yes |
| Subdivision Amenities | Extra Storage, Workshop |
Interior
| Interior Features | Pantry, Walk-in Closet, Stack Bedrooms, Built-in Shelves |
|---|---|
| Appliances | Washer, Dryer, Refrigerator, Range - Electric, Dishwasher, Water Heater - Elec, Disposal, Ice Maker, Microwave, Smoke Detector, Auto Garage Open, Freezer, Generator Hookup, Storm Shutters, Washer/Dryer Hookup |
| Heating | Window/Wall |
| Cooling | Wall-Win A/C |
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1.00 |
| Furnished | Unfurnished |
| Master Bedroom | Combo Tub/Shower |
Exterior
| Exterior Features | Fruit Tree(s), Covered Patio, Screened Patio, Shutters, Room for Pool |
|---|---|
| Lot Description | 1 to < 2 Acres, Private Road |
| Roof | Mixed |
| Construction | CBS, Frame/Stucco |
| Front Exposure | North |
School Information
| Elementary | Hope-Centennial Elementary School |
|---|---|
| Middle | Bear Lakes Middle School |
| High | Palm Beach Lakes High School |
Additional Information
| Date Listed | February 5th, 2024 |
|---|---|
| Days on Market | 619 |
| Zoning | High Density HR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 00424326000001130 |
Room Dimensions
| Master Bedroom | 1 x 1 |
|---|---|
| Living Room | 1 x 1 |
| Kitchen | 1 x 1 |
Listing Details
| Office | BitRealty |
|---|---|
| info@bitrealty.com |