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.
Facts & Features
MLS® #
RX-10956921
Price
$1,300,000
Bedrooms
2
Bathrooms
1.00
Full Baths
1
Square Footage
800
Acres
1.47
Year Built
1962
Type
Residential
Sub-Type
Single Family Detached
Style
< 4 Floors
Status
Active
Community Information
Address
5133 Pine Grove Dr N
Area
5500
Subdivision
N/A
City
West Palm Beach
County
Palm Beach
State
FL
Zip Code
33417
Amenities
Amenities
Extra Storage, Workshop
Utilities
Cable, 3-Phase Electric, Lake Worth Drain Dis, Public Sewer, Septic
Parking
2+ Spaces, Garage - Detached, Open, RV/Boat
# of Garages
2
Is Waterfront
No
Waterfront
None
Has Pool
No
Interior
Interior Features
Built-in Shelves, Pantry, Stack Bedrooms, Walk-in Closet
Appliances
Auto Garage Open, Dishwasher, Disposal, Dryer, Freezer, Generator Hookup, Ice Maker, Microwave, Range - Electric, Refrigerator, Smoke Detector, Storm Shutters, Washer, Washer/Dryer Hookup, Water Heater - Elec
Heating
Window/Wall
Cooling
Wall-Win A/C
Fireplace
No
# of Stories
1
Stories
1.00
Exterior
Exterior Features
Covered Patio, Fruit Tree(s), Room for Pool, Screened Patio, Shutters
Lot Description
1 to < 2 Acres, Private Road
Roof
Mixed
Construction
CBS, Frame/Stucco
School Information
Elementary
Hope-Centennial Elementary School
Middle
Bear Lakes Middle School
High
Palm Beach Lakes High School
Additional Information
Zoning
High Density HR
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Active Adult
N