206 Lake Drive, Palm Beach Shores, FL 33404Pending
$7,000,000
3beds3.00baths1686sqft

206 Lake Drive, Palm Beach Shores, FL 33404

MLS#: R11168153
Single Family Residence
Built in 1953
0.4200 acre lot
$4152/sqft
0 days on market
$12,511/yr tax

What's special

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.

0 days on Horizon Palm

Listing office: The Keyes Company (PBG) · MLS#: R11168153


Map

206 Lake Drive, Palm Beach Shores, FL 33404


Facts & features

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3.00

Heating

Heating: Electric

Cooling

Cooling: Central Air

Appliances

Appliances: Refrigerator

Features

Interior features: None, Split Bedrooms

Interior area

Total interior livable area: 1686 sqft

Room dimensions

Family Room
Kitchen: 12 X 12 (Main)
Living Room: 15 X 10 (Main)
Primary Bedroom: 12 X 12 (Main)

Parking

Garage spaces: 2.00
Parking features: Attached, Garage, Open

Features

Stories: 1.00
View: Intercoastal
Waterfront: Yes
Waterfront features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
Storm protection: None

Lot

Lot size: 0.4200 Acres
Lot features: Quarter To Half Acre Lot

Details

Parcel number: 54434227040005350
Zoning: DISTRIC C - MUL

Type & style

Home type: Single Family Residence

Materials

Construction materials: Block
Roof: Composition, Other, Shingle

Condition

Year built: 1953

Community

Subdivision: Palm Beach Shores
Complex: PALM BEACH SHORES
Community features: Boat Facilities
Association amenities: Boating
Restrictions: Other Restrictions

Utilities

Utilities: Sewer Available, Water Available
Sewer: Public Sewer

Details

Price/sqft: $4152
Annual taxes: $12, 511 (2025)
Date on market: 03/03/2026
Days on market: 0
Listing terms: Cash, Conventional
Listing agent: Kevin M Spina
Listing office: The Keyes Company (PBG)
MLS ID: R11168153

Price history

Pending

2026-03-03T05:00:00.000Z · The Keyes Company (PBG)

$7,000,000

$4152/sqft

Payment calculator

$1,193/mo
Principal & interest
$0
Property taxes
$1,043
Home insurance
$150

This is an estimate based on a 30-year fixed-rate mortgage at 6.75% APR. Actual rates and payments may vary. Contact a lender for exact quotes.


Palm Beach Shores

Palm Beach Shores, FLPalm Beach County33404
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