$1,300,000

5133 Pine Grove Dr West Palm Beach, FL 33417

Estimated payment $7,291/month

Total Views 6,829
2 Beds
1 Bath
800 Sq Ft
$1,625 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Room in yard for a pool
  • Separate Outdoor Workshop
  • Fruit Trees
  • Workshop
  • 5-minute walk to ​​​Stacy Street Park

About This Home

RARE COMMERCIAL REDEVELOPMENT OPPORTUNITY | 1.47 AcresExceptional investment opportunity just off Haverhill Rd. This 1.47-acre property is located in an Opportunity Zone and zoned for High-Density Multi-Family (RH), allowing for the development of 7-13 units. The site offers private access and use allowance from Haverhill Road, enhancing accessibility and long-term value. Perfect for builders and investors looking to capitalize on West Palm Beach's growth.Key Features: Future Land Use: High-Density Multi-Family Buildable for 7-13 Units Opportunity Zone with Potential Tax Benefits Private Access/Use Allowance from Haverhill Road Ideal for Multifamily Redevelopment or Assemblage

Listing Agent

Tiffani Luckey

BitRealty License #3498770 Listed on: 02/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,380

Year Built

  • Built in 1962

Lot Details

  • 1.47 Acre Lot
  • Fruit Trees
  • Property is zoned High Den

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Open Parking
  • RV Access or Parking

Home Design

  • Studio

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Workshop
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Separate Outdoor Workshop

Schools

  • Hope-Centennial Elementary School
  • Bear Lakes Middle School
  • Palm Beach Lakes High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 00424326000001130

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,380

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Haverhill Rd 1/2 mile North of Belvedere Rd or 1/2 mile south of Okeechobee Rd turn west.
  • Year Built: 1962
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Pantry, Stacked Bedrooms, Tub Shower, Walk-In Closet(s), Workshop
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 800.0
  • Dining Room Type: Family Room, Studio, Workshop
  • Stories: 1

Exterior Features

  • Exterior Features: Fruit Trees, Patio, Room For Pool
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Other Structures: Apartment, Workshop
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Detached, Garage, Open, RV Access/Parking, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Cable Available, Electricity Available, Sewer Available
  • Water Source: Lake

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Storage
  • Pets Allowed: Yes

Schools

  • Elementary School: Hope-Centennial
  • High School: Palm Beach Lakes
  • Middle Or Junior School: Bear Lakes

Lot Info

  • Parcel #: 00424326000001130
  • Lot Size: 1 to < 2 Acres,Private R
  • Lot Size Sq Ft: 64190.0
  • Zoning Description: High Den

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4380.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,125 $166,159 -- --
2023 $4,380 $153,997 $0 $0
2022 $3,677 $142,855 $0 $0
2021 $2,866 $191,543 $0 $0
2020 $2,680 $176,742 $0 $0
2019 $2,616 $176,353 $0 $0
2018 $2,085 $126,169 $0 $0
2017 $1,987 $125,820 $0 $0
2016 $1,887 $99,077 $0 $0
2015 $1,868 $93,540 $0 $0
2014 $1,530 $88,441 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 For Sale $1,300,000 0.0% $1,625 / Sq Ft
02/04/2025 02/04/25 Off Market $1,300,000 -- --
02/05/2024 02/05/24 For Sale $1,300,000 -- $1,625 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $68,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Previous Owner $80,000 New Conventional
Previous Owner $20,000 Credit Line Revolving
Previous Owner $64,313 Credit Line Revolving
Source: Public Records

Source: BeachesMLS

MLS Number: R10956921

BeachesMLS

APN: 00-42-43-26-00-000-1130