$1,100,000
5133 Pine Grove Drive
West Palm Beach, FL
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $1,100,000
- Price per sq ft
- N/A
- Original price
- $1,500,000
- Days on market
- 197
This commercial property is listed at $1,100,000. The asking price has come down 26.7% from its original $1,500,000. It has been on the market for 197 days.
Estimated monthly payment
$5,781 /mo
Principal and interest only, based on $220,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,100,000
- Days on Site
- 197 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 1,536 sqft
- Lot Size
- 1.47 Acres
- Year Built
- 1962
- Property Type
- Commercial
- MLS #
- B26007262
- Property Tax
- $3,507 (2025)
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
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!
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1962
- Property Condition
- Resale
- Number of Stories
- 1
- Parking
- Boat
- Lot Size (Acres)
- 1.47
- Total Sq Ft
- 1,536
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RH
Interior Features
- Cooling
- Central Air
- Heating
- Central
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Mixed
- Lot Features
- One To Two Acres
Community & HOA
- Security
- None
- Utilities
- Electricity Available / Water Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 5500
About the Area
West Palm Beach homes for sale range from $200K downtown condos to $8,000,000 Intracoastal estates, more ground than most buyers expect. Clematis Street condos start in the low $200Ks. Northwood Village bungalows trade in the $400K to $600K range. El Cid and Flamingo Park have 1920s to 1940s Mediterranean Revival homes at $500K to $1,200,000. Newer 3-bedroom homes along Forest Hill and Southern Boulevards stay under $450K. South End waterfront estates run $3,000,000 to $8,000,000. The city covers 55 square miles as Palm Beach County's seat. Palm Beach International Airport is 3 miles out. Fort Lauderdale is under 40 minutes via I-95.
- Homes for Sale
- 1,776
- Under Contract
- 580
- Median List Price
- $320,000
- Median Sale Price (September)
- $385,000
- Median $/Sq Ft
- $248
- Avg Days on Market
- 119
Frequently Asked Questions
- How do I schedule a tour of 5133 Pine Grove Drive, West Palm Beach, FL?
- Use the Tour button on this listing to request a showing of 5133 Pine Grove Drive, West Palm Beach, FL. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5133 Pine Grove Drive, West Palm Beach, FL still available?
- 5133 Pine Grove Drive, West Palm Beach, FL is currently listed as Active, and has been on the market 197 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5133 Pine Grove Drive, West Palm Beach, FL?
- With 20% down ($220,000) on the $1,100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5133 Pine Grove Drive, West Palm Beach, FL is about $5,781/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5133 Pine Grove Drive, West Palm Beach, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5133 Pine Grove Drive, West Palm Beach, FL. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 5133 Pine Grove Drive, West Palm Beach, FL?
- Often, yes. The right offer on 5133 Pine Grove Drive, West Palm Beach, FL depends on how it's priced against comparable commercial sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of RE/MAX of Stuart
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,100,000
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Listed by Taylor Stanfield, RE/MAX of Stuart
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