5133 Pine Grove Drive N

West Palm Beach, FL 33417

$1,300,000

$1,625/ft²

0Beds

1Baths

800Sq ft

1962Year built

Single-family homeType

About this home

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!

Features

Waterfront

Property details

Listing

MLS #: B26007254
Status: For sale
Listed on: Mar 24, 2026
Days on market: 139 days
Listing data updated: Aug 5, 2026

Interior

Beds: 0
Baths: 1
Living area: 800 ft²
Price per ft²: $1,625/ft²

Building & community

Type: Single-family home
Year built: 1962
County: Palm Beach

Lot & exterior

Lot size: 64,190 ft²
Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $6,574
Property taxes (est.): $1,192
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$8,366*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?