Attention Investors!! Welcome to 5211 Pine Grove Drive, West Palm Beach, FL - A Prime Real Estate Opportunity!! Currently Zoned RH-Multi-Family High Density that sits within an Opportunity Zone offering Potential Tax Advantages. This .77-acre property has a buildable canvas for up to 4 units. Build up to 35 feet high. Located near the end of a quiet private road with a corner lot. Most of the land is already cleared just waiting for the right investor to put their special touch on it. Come see this property for yourself. It will not disappoint! Located near the FL Turnpike and I-95. Lots of restaurants and the outlet mall nearby. Price based on Commercial Appraisal and Opportunity of Assemblage and Redevelopment of MFR RH.
This property is $600.5K more than the Median Sold Price in West Palm Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-11031267
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (888) 883-8509
Listing Agent: Paul Jay Saperstein
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 01, 2014
Aug 01, 2014Home Sold
$109,700
Jan 30, 2014
Jan 30, 2014Home Sold
$50,100
Sep 19, 2005
Sep 19, 2005Home Sold
$89,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,513
$99,697
2019
$1,490
$97,456
2018
$1,384
$95,639
2017
$1,324
$93,672
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Hope-Centennial Elementary School
5298 Stacy St
Distance between this listing and this school0.24 miles
Public Magnet Grades PK-5
6
/10
Wynnebrook Elementary School
1167 Drexel Rd
Distance between this listing and this school0.93 miles
Public District Grades PK-5
4
/10
Melaleuca Elementary School
5759 Gun Club Rd
Distance between this listing and this school1.81 miles
Public Magnet Grades KG-5
Nearby Schools
9
/10
Renaissance Charter School at West Palm Beach
1889 Palm Beach Lakes Blvd
Distance between this listing and this school2.35 miles
Public Charter Grades KG-8
2
/10
Jeaga Middle School
3777 N Jog Rd
Distance between this listing and this school2.50 miles
Public Magnet Grades 6-8
2
/10
Bear Lakes Middle School
3505 Shenandoah Rd
Distance between this listing and this school2.52 miles
Public Magnet Grades 6-8
Nearby Schools
1
/10
Florida Futures Academy North Campus
1760 N Congress Ave
Distance between this listing and this school2.30 miles
Public Charter Grades 9-12
1
/10
Worthington High School
1711 Worthington Rd
Distance between this listing and this school2.83 miles
Public Charter Grades 9-12
1
/10
Turning Points Academy
1950 N Benoist Farms Rd
Distance between this listing and this school2.87 miles
The neighbors living near this home have an average income of $36,387. The majority of West Palm Beach, FL residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5211 Pine Grove Dr
What is the listing price of this property?
The listing price of 5211 Pine Grove Dr property is $1,000,000.
What type of property is this?
The property 5211 Pine Grove Dr is land located in West Palm Beach, Florida, 33417.
Is this property for sale now?
Active Listing: 5211 Pine Grove Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,513 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 1, 2014 for $109,700. (source: MLS/tax record).
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This home is located at 5211 Pine Grove Dr in West Palm Beach, FL and zip code 33417. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $1,000,000.
In November 2024 more than 17 listings in West Palm Beach, FL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 146 were sold below. In November 2024 in West Palm Beach, FL there were 11.1% more homes for sale than in October 2024. While the average time on the market in November 2024 was 69 days, the median list price was $399,465.
From Rocket Homes Real Estate and based on county public records data.