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5133 Pine Grove Drive N, West Palm Beach FL 33417

House For Sale
$1,400,000

BTC: 23.17880795

ETH: 877.91357568

-$100K (2026/06/22)
98 days
Waterfront
1 ba
800 sqft

Overview

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!

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Detached / Open / Parking Garage / Rv/Boat Parking
Year Built:
1962
Lot:
1.47 Acres
Heating:
Central
Price/sqft:
$1,750
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$295,373
$248K – $1.1M
Confidence Low
List vs. estimate
$1.1M above estimate
List $1,400,000 · +374.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,750
+365.8% vs. city median $375
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $311K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,506
2025
Waterfront
Yes
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Free-Standing Freezer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Pantry

    • Stacked Bedroom

    • Walk-In Closet(s)

    • Family Room

    • Utility Room/Laundry

    • Workshop

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • 2 Or More Spaces

    • Detached

    • Open

    • Parking Garage

    • Rv/Boat Parking

    Property

    • Levels: 1

    • Exterior Features: Fruit Trees / Room For Pool

    Lot

    • Lot: 1.47 Acres

    Other Property Information

    • Parcel Number: 00424326000001130

    • Zoning: RH

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Sewer Connected

    • Cable Available

    • Sewer Available

  • Other financial information

    • Annual tax amount: $3,506

  • Source details

    • MLS ID: B26007254

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Laundry Features: Laundry Room / Utility Room/Laundry / Washer Hookup

    • Lot Features: Lake Worth / 1 To Less Than 2 Acre Lot

    • Patio And Porch Features: Patio

    • Window Features: Complete Accordian Shutters / Hurricane Shutters

    • Direction Faces: North

    • Other Structures: Livable

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 800

    • Water Source: Public

    • Subdivision Name: N/A

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX of Stuart