Premier Brokers International
Property photos —
Price reducedBeachesMLS
Price reducedMLS® B26007254
$1,100,000

↓ Price reduced $400,000 on Sep 20, 2026

5133 Pine Grove Drive N, West Palm Beach, FL 33417

Beds
0
Baths
1
Sqft
800
Est. payment$6,550/mo
Home type
Single Family Residence
Year built
1962
Lot size
64,033 sqft
Price / sqft
$1,375
HOA
$0/mo
Community
N/A

Property 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!

Listing activity

Days on market
180
Listed
Mar 24, 2026
MLS listing updated
Sep 20, 2026
Feed last checked
4 minutes ago

Listed by Taylor Stanfield · RE/MAX of Stuart

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
0
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0
Main-level bedrooms
2
Main-level bathrooms
1

Rooms & features

Rooms
3
Interior features
Bedroom Layout - Stacked, Built-in Features, Pantry, Walk-In Closet(s)
Flooring
Ceramic Tile
Appliances
Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer, Water Heater
Laundry
Inside, Laundry Closet, Washer Hookup
Fireplace
No
Furnished
Unfurnished

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
2
Garage
Yes
Carport
No
Parking spaces
2
Covered spaces
2
Parking features
Boat Access/Parking, Detached Garage, Garage, Garage Door Opener, Open, RV Access/Parking
Attached garage
No

Exterior

Stories
1
Building area
1,536 sqft
Patio & porch
Patio - Screened, Patio - Covered, Patio
Pool
No
Waterfront
None
Waterfront property
Yes

Lot

Lot size
64,033 sqft
Lot size (acres)
1.47 acres
Lot features
Fruit Tree(s), Room for Pool
Zoning
RH
Road frontage
Private Road
Construction

Type & style

Home type
Single Family Residence
Structure type
House
Year built
1962
New construction
No

Materials

Construction
CBS, Stucco
Roof
Mixed
Property condition
Resale
Faces
North
Utilities & green energy

Utilities

Electric
Three Phase
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Sewer Available
Community & HOA

Community

Subdivision
N/A
MLS area
5500
MLS subarea
PB22
Security
Smoke Detector(s)
Pets allowed
No Restrictions, Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
West Palm Beach
County
Palm Beach
ZIP code
33417
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26007254
Possession
Close Of Escrow
Original list price
$1,500,000
Parcel number
00424326000001130
Annual property tax
$3,506.94
Tax year
2025
Assessed value
$179,393
Tax 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)
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
1536
Construction Materials
CBS, Stucco
County Or Parish
Palm Beach
Days On Market
180
Direction Faces
North
Elementary School
Hope-Centennial
High School
Palm Beach Lakes
Laundry Features
Inside, Laundry Closet, Washer Hookup
List Price
1100000
Listing Contract Date
2026-03-24
Living Area
800
Lot Size Acres
1.47
Lot Size Area
64190
MLSArea Major
5500
MLSArea Minor
PB22
Main Level Bathrooms
1
Main Level Bedrooms
2
Middle Or Junior School
Bear Lakes
Mls Status
Active
On Market Date
2026-03-26
Parking Total
2
Patio And Porch Features
Patio - Screened, Patio - Covered, Patio
Photos Count
27
Postal Code
33417
Price Change Timestamp
2026-09-20T14:21:51Z
Property Sub Type
Single Family Residence
Property Type
Residential
Road Frontage Type
Private Road
Rooms Total
3
Security Features
Smoke Detector(s)
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-03-26T17:45:27Z
Stories Total
1
Subdivision Name
N/A
Tax Assessed Value
179393
Water Source
Public
Waterfront Features
None
Tax Annual Amount
3506.94
Bathrooms Full
1
Pool Private
No
Bedrooms Total
0
Bathrooms Half
0

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Mar 24, 2026ListedBeachesMLS$1,500,000$1,875/sqft
Sep 20, 2026Price reducedBeachesMLS$1,100,000$1,375/sqft

Public tax history

YearProperty taxesAssessment
2025$3,507$179,393

Payment calculator

Estimated monthly payment$6,550/moIllustrative estimate, not a loan offer.
Principal & interest
$5,708
Property taxes
$292
Insurance
$550
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

N/A

West Palm Beach · Palm Beach County · 33417

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Hope-CentennialElementary
—
Bear LakesMiddle
—
Palm Beach LakesHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
BeachesMLS

BeachesMLS · Listing courtesy of RE/MAX of Stuart. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.