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$1,300,000 -$100,000 (-7.14%) Price Reduced

  • For Sale
  • Active
  • Commercial Multi-Family
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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!

Full Property Details for 5133 Pine Grove Dr

General

  • Price: $1,300,000
  • Taxes: $3,506 (2025)
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: Regional
  • MLS ID: B26007262
  • Updated: 8/2/2026
  • Added to Site: 130 day(s) ago

Additional Information

  • Security/Safety: None

Parking

  • Total Spaces: 2
  • Parking Features: Boat

Location

  • County: Palm Beach
  • Driving Directions: Haverhill Rd 1/2 mile North of Belvedere Rd or 1/2 mile south of Okeechobee Rd turn west.

Community

  • Community Name: 5500

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Water Available

Structural Information

  • Construction: Block
  • Roof: Mixed
  • Stories/Levels: 1
  • Building Size: 1536
  • Year Built: 1962
  • Property Condition: Resale

Lot Features

  • Lot Size (Acres): 1.47
  • Lot Features: 1-2 Acres
  • Zoning: RH

Financial Considerations

  • Assessment Amount: $179,393
  • Tax Amount: $3,506.94
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Documents Avail.: Other
  • 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)
  • Property ID: 424326000001130

Listed by RE/MAX of Stuart

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Listing agents

— 5133 Pine Grove Dr —

  • RE/MAX of Stuart

  • RE/MAX of Stuart

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5133 Pine Grove Dr

School District:Palm Beach County School District
NameGradesDistance
Hope-Centennial Elementary School
5298 Stacy Street, West Palm Beach, FL 33417
PK-50.2 mi
Bear Lakes Middle School
3505 Shenandoah Road, West Palm Beach, FL 33409
6-82.5 mi
Palm Beach Lakes High School
3505 Shiloh Drive, West Palm Beach, FL 33407
9-124.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5133 Pine Grove Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/02/2026
Price Reduced
$1,300,000
-7.14%
MLS
6/22/2026
Price Reduced
$1,400,000
-6.67%
MLS
3/26/2026
Listed
$1,500,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX of Stuart

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5133 Pine Grove Drive, West Palm Beach, FL (MLS# B26007262) is a Commercial Multi-Family property. 5133 Pine Grove Drive is currently listed for $1,300,000 and was received on March 26, 2026. Want to learn more about 5133 Pine Grove Drive? Do you have questions about finding other Commercial Multi-Family real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

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