Palm Beach, West Palm Beach, FL
Property Type
Multi Family
Central AC
Yes
Year Built
1962
Listing courtesy of Taylor Stanfield of RE/MAX of Stuart.
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!
1.47 Acres
West Palm Beach
B26007262
Palm Beach
Multi Family
1962
Block
1
1962
Palm Beach
florida
Boat
Yes - Central Air
Yes - Central
Public
Total$7,863.11/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
5133 Pine Grove Drive, West Palm Beach, FL
Open in Google Maps| Address | Size | Sold For |
|---|---|---|
| 1800 S Ocean BoulevardPalm Beach | 10 BR / 12.5 BA | $37,375,675 |
Closed sales recorded by Brown Harris Stevens agents.
Information is deemed reliable but is not guaranteed and should be independently verified.