BreakThru Realty

5133 Pine Grove Drive, West Palm Beach FL

$1,100,000 · $716 per sq ft · Multifamily for sale

  • Property type: Multi Family
  • Asking price: $1,100,000
  • Price per sq ft: $716
  • Building size: 1,536 sq ft
  • Lot size: 1.47 acres
  • Zoning: RH
  • Year built: 1962
  • Stories: 1
  • Parking spaces: 2
  • Parcel ID: 00424326000001130
  • MLS#: B26007262
5133_Pine_Grove_Dr_001_BW at 5133 Pine Grove Drive, West Palm Beach5133_Pine_Grove_Dr_001_Declutter at 5133 Pine Grove Drive, West Palm Beach5133_Pine_Grove_Dr_002_Arrow at 5133 Pine Grove Drive, West Palm Beach5133_Pine_Grove_Dr_002 at 5133 Pine Grove Drive, West Palm Beach5133_Pine_Grove_Dr_003_Arrow at 5133 Pine Grove Drive, West Palm Beach5133_Pine_Grove_Dr_003 at 5133 Pine Grove Drive, West Palm Beach5133_Pine_Grove_Dr_004_Arrow at 5133 Pine Grove Drive, West Palm Beach5133_Pine_Grove_Dr_004 at 5133 Pine Grove Drive, West Palm Beach

About this property

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!

Building Features and Utilities

  • Electricity Available
  • Water Available
  • CBS

Operating Statement

Property taxes$3,507/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

RE/MAX of Stuart · JAL@remaxofstuart.com · Listing agent: Taylor Stanfield

BeachesMLS logo 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 not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 5133 Pine Grove Drive or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 5133 Pine Grove Drive

How much is 5133 Pine Grove Drive?
5133 Pine Grove Drive is listed at $1,100,000, about $716 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 5133 Pine Grove Drive zoned?
The listing reports zoning of RH. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 5133 Pine Grove Drive?
The listing reports 1,536 square feet of building.
When was 5133 Pine Grove Drive built?
5133 Pine Grove Drive was built in 1962. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 5133 Pine Grove Drive?
The listing reports annual property taxes of $3,507 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 5133 Pine Grove Drive?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

More Commercial Listings Nearby

See every commercial listing in West Palm Beach or browse Florida commercial real estate.

Explore