Frank Evans - Preferred Properties Int'l Realty, Inc Logo
$1,300,000
 $6,979 est/mo Sourced by Back At You

5133 Pine Grove Drive,West Palm Beach, FL

West Palm Beach, FL

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Description

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!

Details

MLS #B26007262
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1962
Days On Site166
Listing Provided ByRE/MAX of Stuart | Taylor Stanfield

Features

SQ Feet1,536
Story(s)1
ZoningRH
Acreage1.47

Exterior

Lot FeaturesOne To Two Acres

Parking

Parking FeaturesBoat

Taxes

Tax Annual Amount3506.94

Area Information

StateFL
CountyPalm Beach
CityWest Palm Beach
Area5500
SubareaPB22
Listing VS Median (in )
Price:
$1,300,000
low | high
Med:
$899,999
80.769307692308% of Average
sqft:
1,536
low | high
Med:
3,288
64.0625% of Average
$ / sqft:
$846
low | high
Med:
$274
100% of Average
On site:
166
low | high
Med:
40
100% of Average
Sourced by Back At You

Market Activity

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The information is being provided by Beaches MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Beaches MLS. All Rights Reserved.

Contact

Learn More About This Property

Frank Evans

Frank Evans

Preferred Properties Intl Realty Inc

BK3280715 (954) 684-6157frank@preferredpropertiesint.com
StateFL
CountyPalm Beach
CityWest Palm Beach
Area5500
SubareaPB22
Listing VS Median (in )
Price:
$1,300,000
low | high
Med:
$899,999
80.769307692308% of Average
sqft:
1,536
low | high
Med:
3,288
64.0625% of Average
$ / sqft:
$846
low | high
Med:
$274
100% of Average
On site:
166
low | high
Med:
40
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $975K - $1.625M
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
5120 Elmhurst Road A Property Photo 1
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5120 Elmhurst Road A Property Photo 1
$2,500
5120 Elmhurst Road A
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5090 ELMHURST Road C Property Photo 1
$239,000
5090 Elmhurst Road C
West Palm Beach, FL 33417
5090 ELMHURST Road C Property Photo 1
$239,000
5090 Elmhurst Road C
West Palm Beach, FL 33417
5140 ELMHURST Road B Property Photo 1
$240,000
5140 Elmhurst Road B
West Palm Beach, FL 33417
Listing Updated: September 3, 2026 at 7:31:59 PM PDT

Frank Evans - Preferred Properties Int'l Realty, Inc