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$1,500,000
New Listing

5133 Pine Grove Drive
West Palm Beach, FL 4723

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1,536
SqFt
$977
/SqFt
1962
Built
County:
Palm Beach
5133 Pine Grove Drive5133 Pine Grove Drive5133 Pine Grove Drive5133 Pine Grove Drive
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Monthly Payment (Est.)

$6,844
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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!

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Listing Snapshot
Price 
$1,500,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,536 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.47 Acres
Year Built 
1962
MLS® Number 
B26007262
Status 
Active
Property Tax 
$3,506.94
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 hours agoListing first seen on site
6 hours agoListing updated with changes from the MLS®
General Features
Acres 
1.47
Number Of Stories 
1
Parking 
Boat
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1536
Utilities 
Electricity AvailableWater Available
Water Source 
Public
Zoning 
RH
Interior Features
Cooling 
Central Air
Heating 
Central
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Exterior Features
Construction Details 
Block
Roof 
Mixed
Community Features
Financing Terms Available 
CashConventional
MLS Area 
5500
Listing courtesy of Illustrated Properties/Sewalls



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-03-26 07:37 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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