Single Family Residence

5133 Pine Grove Drive N

5133 Pine Grove Drive N, West Palm Beach FL 33417 Get directions

$1,100,000

For Sale
Price cut: $200,000 (−15.4%)

0 Beds · 1 Bath · 800 SqFt

See estimated monthly cost

This listing is courtesy of RE/MAX of Stuart. Taylor Stanfield

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!

Facts & features

Interior

Living area (sq ft)
800
Full bathrooms
1
Furnished
Unfurnished
  • Built-in Features
  • Pantry
  • Stacked Bedroom
  • Walk-In Closet(s)
  • Family Room
  • Utility Room/Laundry
  • Workshop

Building & exterior

Year built
1962
Lot size (sq ft)
64,190
Garage spaces
2
Covered spaces
2
Waterfront
Yes
  • Fruit Trees
  • Room For Pool
  • 2 Or More Spaces
  • Detached
  • Open
  • Parking Garage
  • Rv/Boat Parking

HOA (homeowners association)

  • No Restrictions
  • Yes

Taxes

Annual tax
$3,506
Tax year
2025
Parcel number
00424326000001130

Assigned schools

Elementary
Hope-Centennial
Middle
Bear Lakes
High
Palm Beach Lakes

Listing

MLS number
B26007254
Property type
Single Family Residence
Price per SqFt
$1,375
Subdivision
N/A
On market since
Mar 24, 2026
Days on market
197

Price history

Date Event Price Change
Mar 24, 2026 Listed $1,500,000 —
Sep 20, 2026 Price change $1,100,000 −$200,000 (−15.4%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$6,679 per month

Principal & interest (30 yr)
$5,562
Property tax
$292
Insurance (estimated)
$825

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

Request a tour
WhatsApp
Contact Us