Home in 206 Lake Drive, Palm Beach Shores, FL 33404 with MLS# R11168153
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.
206 Lake Drive, Palm Beach Shores, FL 33404
- Price:
- $7,000,000.00
- Original List Price:
- $7,000,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $4,151.83
- Close Price:
- $6,625,000.00
- Transaction closed on:
- April 14, 2026
- Listing Type:
- Sold
- Status:
- Closed
- Contingency:
- Pending
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- April 14, 2026 7:34 pm
- Other Special Conditions:
- Sold As-is, Flood Zone, Property Survey Available
- Bedrooms:
- 3
- Bathrooms Total:
- 3
- Full Bath:
- 3
- Room Type:
- Family Room, Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 4
- Living Area:
- 1,686 Sqft
- Built-Up Area:
- 2,318 Sqft
- Lot Area:
- 18,295.20 Sqft
- Lot Size Dimensions and Info:
- 75 X 242 (.42ACRES)
- Building Area Source:
- Public Records
- Lot Size Acres:
- 0.42
- View from the Property:
- Intracoastal
- Waterfront:
- Yes
- Waterfront Features:
- Ocean Access, Navigable Water, Seawall, No Fixed Bridges, No Fixed Bridge, Intracoastal
- Furnished:
- Unfurnished
- Appliances:
- Refrigerator
- Interior:
- None, Bedroom Layout - Split
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Electric
- Boat and Dock Features:
- Private Dock, Water Available, Exclusive Use
- Property Entrance Faces:
- East
- Year Built:
- 1953
- Roof:
- Shingle, Other, Composition
- Year Roof Installed:
- 1996
- Architectural Style:
- Ranch
- Levels:
- Two
- Construction Materials:
- CBS
- Number of stories:
- 1
- Stories:
- 1
- Road Frontage Type:
- Public Road, East of US-1
- Property Condition:
- Resale
- Tax Annual Amount:
- $12,511.1
- Tax Year:
- 2025
- Property Tax Details:
- City/County, Other Exemption
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Attached Garage
- Parking Features:
- Garage, Open, Attached Garage
- Sewer:
- Public Sewer
- Utilities Available:
- Sewer Available, Water Available
- Water Source:
- Public
- Pets Allowed?:
- Yes, No Restrictions
- Amenities Provided by the Homeowner's Association (HOA):
- Boating
- Subdivision Name:
- PALM BEACH SHORES
- Senior Community:
- No
- Restrictions:
- Other Restrictions
- Community Dock
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- PALM BEACH SHORES LT 535
- Real Estate Folio Number (Parcel Number):
- 54434227040005350
- Zoning:
- DISTRIC C - MUL
- Elementary School:
- Kingsway
- High School:
- William T. Dwyer
- Middle Or Junior School:
- John F. Kennedy (palm Beach)
- Active on the market since:
- March 3, 2026
- Listing Agreement executed on:
- March 3, 2026
- Purchase Contract Date:
- March 3, 2026
- Listing Status Last Changed On:
- April 14, 2026 7:34 pm
- Photos updated on:
- March 3, 2026 2:31 pm
- Last Modified:
- April 14, 2026 7:34 pm
- Courtesy of:
- The Keyes Company (PBG)
- Attribution:
- 561-722-1169
- Road Surface Type:
- Paved
- Street Name:
- Lake
- Street Number:
- 206
- City:
- Palm Beach Shores
- State:
- Florida
- Zip Code:
- 33404
- County:
- Palm Beach
- Latitude:
- N26° 46' 52.8''
- Longitude:
- W81° 57' 38.1''
- Street Suffix:
- Drive
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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