Aquantis Realty

Palm Beach Shores, FL·Sold

206 Lake Drive

Sold for

$6,625,000

Originally listed at $7,000,000

206 Lake Drive, Palm Beach Shores, FL 33404

3
Beds
3
Full Baths
1,686
Sq.Ft.

Listing courtesy of Kevin M Spina, The Keyes Company (PBG)

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.

Overview

At a glance

Property Type
Residential
Property Sub-Type
Single Family Residence
Address
206 Lake Drive, Palm Beach Shores, FL 33404
Zoning
DISTRIC C - MUL
MLS ID
R11168153
Listing Date
2026-03-03
Last Updated
4/14/2026, 7:34:51 PM
Days on Market
0
Subdivision
PALM BEACH SHORES
Stories
1

Features & Amenities

The Details

Interior

Bedrooms
3
Full Bathrooms
3
Half Bathrooms
0
Appliances
Refrigerator
Interior Features
Bedroom Layout - Split, None

Exterior

Construction
CBS
Parking
Open, Garage, Attached Garage
Garage Spaces
2
Water Source
Public
Sewer
Public Sewer
Utilities
Sewer Available, Water Available
Cooling
Central Air
Heating
Electric

Details

Building Area
2,318 sq.ft.
Lot Size
18,437 sq.ft.
Lot Size (Acres)
0.42 acres
Subdivision
PALM BEACH SHORES
Architectural Style
Ranch
Stories
1
Year Built
1953
View
Intracoastal
Waterfront
No Fixed Bridge, Ocean Access, Navigable Water, Seawall, Intracoastal, No Fixed Bridges
Direction Faces
East
County
Palm Beach
Zoning
DISTRIC C - MUL

Financial

List Price
$7,000,000
Original List Price
$7,000,000
Annual Tax
$12,511.1/yr
Tax Year
2025

Location

Your agent

Stephanie Mordes

Stephanie Mordes

VP — Sales

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Information & Accuracy

All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.