5133 Pine Grove Drive West Palm Beach, FL $ 1,500,000
5133 Pine Grove Drive
$ 1,500,000
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5133 Pine Grove Drive

West Palm Beach, FL
$ 1,500,000
Bedrooms-- Baths-- Sq 1,536

Monthly Estimate*

$ 9,236

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Commercial Property for sale in West Palm Beach, FL

for $1,500,000. This 1,536 square foot building was built in 1962 on a lot size of 1.47.

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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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 3,506

Style

Lot Size

1.47

Year Built

1962

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

B26007262

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Mixed
Security Features None
Construction Materials Block
Year Built 1962
Electric Other
Property Subtype Multi Family
Tax Year 2025
County Palm Beach
New Construction false
Property Type Commercial Sale
Status Active
Directions Haverhill Rd 1/2 mile North of Belvedere Rd or 1/2 mile south of Okeechobee Rd turn west.
City West Palm Beach
MLS Area 5500
Tax Annual Amount 3506.94
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/5133-Pine-Grove-Drive-West-Palm-Beach-FL/unbranded
Standard Status Active
Property Sub Type Additional Multi Family
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)
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Boat
Lot Features 1-2 Acres
Water Source Public
Total Parking 2
Lot Size Area 64190
Building Area Total 1536
Lot Size Acres 1.47
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* Excluded Features
List By
Taylor Stanfield

Listing Agent

Affordability Calculator

$9,528
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$292
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2026$1,500,000 Listed Price

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5133 Pine Grove Drive, West Palm Beach, FL, is a Commercial Property for sale at $1,500,000 with 1,536 sqft and a lot size of 1.47. 5133 Pine Grove Drive was built in 1962. The property's zip code is which is in West Palm Beach, FL