SQUARE FEET1,536
MLS#B26007262
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
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 Features
Property Type: Commercial - Business
Cooling: Central Air
Heating: Central
Lot Size: 1.47 Acres
Roof Type: Mixed
Stories: 1.0
Taxes: $3,506
Year Built: 1962
Feature Descriptions
Days on Site: 21
Exterior: CBS
Parcel#: 00424326000001130
Parking: Boat Access/Parking
Parking Notes: Boat Access/Parking
Sewer: Public Sewer
Utilities: Electricity Available, Water Available
Utilities: Electricity Available, Water Available
Water: Public
Listed By / Shown By
Listed By
Agency Name: Illustrated Properties/Sewalls
Agency Phone: 772-221-1118
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
5133 Pine Grove Drive | MLS# B26007262
This commercial property located at 5133 Pine Grove Drive, West Palm Beach, FL 33422 is currently listed for sale with an asking price of $1,500,000. Search West Palm Beach real estate on www.realtymarkllc.com today.