tomo logo

$999,999

Beds
3
Baths
1.0
sq ft
910

5211 Pine Grove Dr, West Palm Beach, FL 33417

5211 Pine Grove Dr

West Palm Beach, FL 33417

  • 15 days on market
Opportunity Is Knocking! 5211 Pine Grove Drive, West Palm Beach, FL is a prime opportunity in a high-demand area!This 3/1 home is on .77-acres, 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 fee. 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, this is an opportunity you don't want to miss. Whether looking to make this your private oasis or build your dream investment property. Come explore the possibilities.

Details

Property type

Single Family Residence

Est. home value

$321,282

Lot size

0.77 acres

Price per sq ft

$1,099

Year built

1970

Annual property taxes

$1,637

Price History

03/13/2025
Beaches

Beaches #R11071084

Listed
$999,999
02/05/2025
Beaches

Beaches #R11010742

Removed
$1,000,000
08/08/2024
Beaches

Beaches #R11010742

Listed
$1,000,000
+811.58%

Schools & Community

Elementary school: 

Hope-Centennial

Middle school: 

Bear Lakes

High school: 

Palm Beach Lakes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$838,902
Asking price
$999,999
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$81,097
Cash to seller
$838,902

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

July 2014

Original loan amount

$104,215

Est. remaining balance

$81,097

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Lori Charatz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/28/2025 at 7:35 PM

Listing updated: 03/17/2025 at 10:35 PM

Listed by: Reggie Rosario PA, Century 21 Stein Posner Phone #: (561) 756-9945

MLS: Beaches #R11071084

Beaches logo

Recently listed in West Palm Beach

$1,950,000|3 bd|2.0 ba|House

Explore top cities in Florida