206 Lake Drive, Palm Beach Shores, FL 33404

$6,625,000
3
BD
3
BA
1,686
SqFt
Sold Price
$6,625,000
List Price
$7,000,000
Days on Market
0
Closing Date
Apr 14, 2026
MLS#
R11168153
Year Built
1953
Bedrooms
3
Bathrooms
3
Living Area
1,686
Lot Size
18,437
Acres
0.42

Property Description

Exceptional waterfront development opportunity in the Town of Palm Beach Shores. Spanning approximately 0.42 acres along the Intracoastal Waterway, this property offers direct access to the Atlantic Ocean within minutes and no fixed bridges. Positioned across from Peanut Island and just north of the Palm Beach Inlet, the location provides outstanding boating convenience and wide water views. Zoned C, the parcel allows for multiple potential uses including single-family, multi-family, or hospitality (subject to town approvals). The property features approximately 75 ft of waterfront with an existing 99 ft dock and is located in an area experiencing continued coastal enhancement and investment. Palm Beach Shores is a unique seaside municipality situated on the southern tip of Singer Island bordered by the Atlantic Ocean, Lake Worth Lagoon, and the Palm Beach Inlet. Residents enjoy walkable access to the beach, a community pavilion, local parks, and nearby marinas. Close to waterfront dining, shopping, golf courses, and Palm Beach International Airport. Buyer to verify zoning, permitted uses, and development requirements with the Town of Palm Beach Shores.

Additional Information

Taxes
$12,511
Community Features
Palm Beach Shores
Property Description
House
Zoning
DISTRIC C - MUL
Interior Features
No Interior Features, Split Bedroom, Family Room
Appliances
Refrigerator
Utilities
Sewer Connected, Water Connected, Sewer Available, Water Available
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
CBS Construction
Roof
Other Roof/Roof Structure, Comp Shingle Roof, Composition Roll, Other, Shingle
Garage Spaces
2
Middle School
John F. Kennedy
High School
William T Dwyer

Listing Courtesy Of The Keyes Company (PBG), Contact: 561-722-1169

Selling Office: The Keyes Company (PBG).

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Calculator source: Real Geeks