Studios Real Estate For Sale in 33417 Zip Code

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West Palm Beach No HOA, 5133 Pine Grove Dr, West Palm Beach, Florida 33417, image 1
$1,500,000
  • Studio
  • 1 Baths
  • 800 SqFt
  • $1,875/SqFt
House for sale in West Palm Beach No HOA
5133 Pine Grove Dr, West Palm Beach, FL 33417
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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33417, FL Snapshot
492
Active Inventory
19
New Listings
$2.1K to $2.3M
Price Tier
24
Pending Sales
$210.8K
Median Closed Price
90
Avg. Days On Market

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