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!
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!
Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer, Water Heater
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