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Wade M. Berlin

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Tropic Shores Realty
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5133 Pine Grove Drive N
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PRICED AT ONLY: $1,500,000

Address: 5133 Pine Grove Drive N, West Palm Beach, FL 33417

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!
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  • MLS#: B26007254 ( Residential )
  • Street Address: 5133 Pine Grove Drive N
  • Viewed: 5
  • Price: $1,500,000
  • Price sqft: $977
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 1536
  • Total Baths: 1
  • Full Baths: 1
  • Garage / Parking Spaces: 2
  • Days On Market: 4
  • Acreage: 1.00 acres
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Features
Building and Construction
  • Flooring: Ceramic Tile
  • Roof: Mixed
Land Information
  • Lot Features: Fruit Tree(s), Room for Pool
School Information
  • High School: Palm Beach Lakes
  • Middle School: Bear Lakes
  • School Elementary: Hope-Centennial
Garage and Parking
  • Parking Features: Boat Access/Parking, Detached Garage, Garage, Garage Door Opener, Open, RV Access/Parking
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air
  • Electric: Three Phase
  • Heating: Central
  • Pets Allowed: No Restrictions, Yes
  • Road Frontage Type: Private Road
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available
Finance and Tax Information
  • Tax Year: 2025
Other Features
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer, Water Heater
  • Furnished: Unfurnished
  • Interior Features: Bedroom Layout - Stacked, Built-in Features, Pantry, Walk-In Closet(s)
  • Legal Description: 26-43-42~ W 200 FT OF S 1/2 OF SE 1/4 OF SE 1/4 OF NE 1/4 (LESS S 10.23 FT LWDD L-2 CNL R/W)
  • Parcel Number: 00424326000001130
  • Zoning Code: RH

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin