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Property view

206 Lake Drive, 
Palm Beach Shores, FL 33404

$6,625,000


3

Beds


3

Baths


1,686

Sq Ft


Single Family

Sold

Listed by

Kevin M Spina

Bought with The Keyes Company (PBG)

The Keyes Company (Pbg)

MLS#

R11168153

Source:

RMLS

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About This Home

206 Lake Drive

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.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1953

Price Summary

7,000,000

$4,151 per Sq. Ft.

MLS #:

R11168153

Sold:

April 14, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,686 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,318 Sq. Ft.

Year Built:

1953


Finances & Disclosures

Finances

Price:

$7,000,000

Price per Sq. Ft:

$4,151 per Sq. Ft.

Source:RMLS
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