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5133 Pine Grove Drive N West Palm Beach FL 33417 MLS #RX-10956921

5133 Pine Grove Drive N

West Palm Beach, FL, 33417

$1,300,000

2 Beds

1 Baths

1,536 SqFt

1.47 Acres

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Welcome to 5133 Pine Grove Dr., West Palm Beach, FL–a prime real estate opportunity! This 1.47-acre property, currently zoned residential, sits within an Opportunity Zone, offering potential tax advantages. With future use zoned as High Density Multi-Family, it’s a buildable canvas for 7-13 units. Explore the possibilities and envision a thriving community in this strategically located gem.Zoned Commercial High-Density Multi-Family Buildable for 7-13 Units.Price based on Commercial Appraisal and Opportunity of Assemblage + Redevelopment of MFR RH.

Property Details

Price:

$1,300,000

MLS #:

RX-10956921

Status:

Active

Beds:

2

Baths:

1

Address:

5133 Pine Grove Drive N

Type:

Single Family

Subtype:

Single Family Detached

City:

West Palm Beach

Listed Date:

Feb 5, 2024

State:

FL

Finished Sq Ft:

1,536

ZIP:

33417

Lot Size:

64,190 sqft / 1.47 acres (approx)

Year Built:

1962

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Michael Cuevas

Broker Owner

Phone 561 578-2320

michael@acquirepb.com

Michael has helped hundreds of people acquire and sell properties in Palm Beach County, Florida over the last 10+ years. He has surrounded himself with industry professionals that allow his clients to thrive in our ever-changing real estate landscape. After graduating from the University of Wisconsin, Michael migrated to South Florida in 2005 to join his family and escape the cold weather. He began his real estate career in Southwest Florida as a manager for a real estate developer in new home…

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