$1,300,000
2 Beds
1 Bath
800 SqFt
1.47 Acre Lot
64,190 Sqft Lot
Status Active
Property Type Single Family Detached
Price Type
Year Built 1962
Neighborhood N/a
Days on Website 294

Property Map

$1,300,000 – 5133 Pine Grove Drive, West Palm Beach, FL 33417

Street View

Courtesy of BitRealty {attribution_contact}

Description

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.

Property Details and Features

Listing

  • Source: Palm Beach
  • Listing date: 2024-02-05
  • REO: No
  • Short sale?: No
  • $1,625 per square foot

Appliances & Equipment

  • 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

Bathrooms

  • 1 total bathroom
  • 1 full bathroom

Bedrooms

  • 2 bedrooms

Building

  • 800 total living square feet
  • 1,536 total square feet
  • Built in 1962
  • Year built description: Resale
  • Square footage source: Tax Rolls
  • Kitchen Modification
  • CBS
  • Stucco
  • < 4 Floors
  • Family
  • Laundry-Util/Closet
  • Studio Bedroom
  • Workshop

Cooling

  • Wall-Win A/C

Exterior Features

  • Covered Patio
  • Fruit Tree(s)
  • Room for Pool
  • Screened Patio
  • Shutters

Floors

  • Ceramic Tile

Garage

  • 2 garage spaces

Heating

  • Window/Wall

Home Owner’s Association

  • Homeowners association: None

Interior Features

  • Unfurnished
  • Built-in Shelves
  • Pantry
  • Stack Bedrooms
  • Walk-in Closet

Location

  • County: Palm Beach
  • Subdivision: N/A

Lot

  • 64,190 lot square feet
  • 1 to < 2 Acres
  • Private Road

Primary Bedroom

  • Combo Tub/Shower

Miscellaneous

  • Business name: Yes
  • Water Available

Parking

  • 2+ Spaces
  • Garage – Detached
  • Open
  • RV/Boat

Property

  • Zoning: High Density HR
  • Waterfront: No
  • None

Roof

  • Mixed

Schools

  • Middle school: Bear Lakes Middle School
  • High school: Palm Beach Lakes High School
  • Elementary school: Hope-Centennial Elementary School

Taxes

  • Taxes: $4,380
  • Tax year: 2023
  • City/County
  • Homestead

Utilities

  • Cable
  • Electric
  • Lake Worth Drain Dis
  • Public Sewer
  • Septic

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