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Investment Highlights

  • Opportunity Zone
  • Close Proximity to Palm Beach International Airport, I95, and Downtown Palm Beach
  • 1.47 Acres

Executive Summary

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!

Property Facts

Price $2,045,490 CAD
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Deferred Maintenance
  • High Vacancy Property
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Open Space
  • Agribusiness
  • Single Family Residence
Total Lot Size 1.47 AC
Opportunity Zone Yes
Zoning RH—MULTI-FAMILY (HIGH DE - RH—MULTI-FAMILY (HIGH DENSITY) (00-UNINCORPORATED)The site currently allows for approximately 5 units per acre with a 35' height limit.

1 Lot Available

Lot

Price $2,045,490 CAD
Price Per AC $1,391,489.77 CAD
Lot Size 1.47 AC

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.

Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
00-42-43-26-00-000-1130
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$244,631 CAD
  • Listing ID: 40443808

  • Date on Market: 2026-05-07

  • Last Updated:

  • Address: 5133 Pine Grove Dr, West Palm Beach, FL 33417

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