PROPERTY 5211 Pine Grove Drive, West Palm Beach, FL 33417, MLS#RX-11071084

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PRICED AT ONLY: $999,999

Address: 5211 Pine Grove Drive, West Palm Beach, FL 33417

Description

Opportunity Is Knocking! 5211 Pine Grove Drive, West Palm Beach, FL is a prime opportunity in a high demand area!This .77 acre parcel, zoned RH Multi Family High Density, is situated within an Opportunity Zone, offering potential tax incentives. With the ability to develop up to 4 units and build as high as 35 feet, this property provides a fantastic canvas for your next project. Tucked away at the end of a private road, the land is mostly cleared & ready for the right investor. Conveniently located near the FLA Turnpike, I 95, shopping, dining, and the Palm Beach Outlets, this property offers both privacy and accessibility. With the added potential for assemblage and multifamily redevelopment, this is an opportunity you don't want to miss. Come explore the possibilities!

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Principal & Interest $4,149
Property Tax $
Home Insurance $
HOA Fees $
Mortgage Insurance$0
Monthly $5,566

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Description

Features

Building and Construction

Absolute Longitude: 80.123054

Construction: CBS

Covered Spaces: 0.00

Design: Traditional

Exterior Features: None

Flooring: Tile

Front Exp: South

Roof: Comp Shingle

Sqft Source: Tax Rolls

Sqft Total: 910.00

Total Floorsstories: 1.00

Total Building Sqft: 910.00

Property Information

Property Condition: Resale

Property Group Id: 19990816212109142258000000

Land Information

Lot Description: 1/2 to < 1 Acre

Subdivision Information: None

School Information

Elementary School: Hope-Centennial Elementary School

High School: Palm Beach Lakes High School

Middle School: Bear Lakes Middle School

Eco-Communities

Private Pool: No

Storm Protection Impact Glass: Complete

Waterfront Details: None

Utilities

Cooling: Central

Heating: Central

Pet Restrictions: No Restrictions

Pets Allowed: Yes

Security: None

Utilities: Cable, Electric, Public Water, Septic

Finance and Tax Information

Homeowners Assoc: None

Membership Fee Required: No

Tax Year: 2024

Other Features

Country: United States

Equipment Appliances Included: Dishwasher, Dryer, Range - Electric, Refrigerator, Washer

Furnished: Unfurnished

Governing Bodies: None

Housing For Older Persons Act: No Hopa

Interior Features: None

Legal Desc: 26-43-42~ E 134.31 FT OF W 268.52 FT OF S 3/4 OF S 1/2 OF SW 1/4 OF SE 1/4 OF NE 1/4 (LESS S 10.23 FT LWDD L-2 CNL R/W)

Multiple Ofrs Acptd: No

Parcel Id: 00424326000001200

Possession: At Closing, Funding

Special Assessment: No

Special Info: Sold As-Is

View: Garden

Zoning: RH

Nearby Subdivisions

Acreage Cam Estates Cherry Lane Cypress Lakes Cypress Lakes 02 Cypress Lakes 07a Cypress Lakes 09 Cypress Lakes 10 Cypress Lakes 12 Cypress Lakes 2 Cypress Lakes 3-a Cypress Lakes 7-a Cypress Lakes 8 Cypress Lakes 9 Cypress Lakes Pl. 7-a Foxhall Ph 02 Foxhall Ph 1 Foxhall Ph 1a Foxhall Ph 2 Foxhall Phase 2 Foxwood Estates Foxwood Estates 1 Of Lakeside Foxwood Estates 2 Of Lakeside Hartleys Hartleys Sub Unrec Knotty Pine Acres Lake Belvedere Estates 4th Add Lakeside Green 09 Lakeside Green 1 Meadowbrook 2 Meadowbrook Plat 1 In Military Park Diekhans Add N/a North Landing Palm Club West Village 2 Park Hill Estates Plantation Manor Estates 2 Plantation Mobile Homes Estate Plantation Village Plantation Village Unrec On Am Unincorporated West Gate Estates Northern Woodcrest Wynnewood Acres 5

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Discover this exceptionally spacious country setting Colonial Style Ranch Home on 2 acres; just 15 minutes from downtown West Palm Beach, local beaches and only 10 minutes from PBI! Zoned AR with no H