206 Lake Drive, Palm Beach Shores, FL 33404
$7,000,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,686
Status:
Pending
Current Price:
$7,000,000
Last Modified:
3/03/2026
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
Supplements: 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.
More Information MLS# RX-11168153
Contract Information
Listing Date: 2026-03-03
Status: Pending
Original List Price: 7000000
Auction: No
List Price: $7,000,000
Current Price: $7,000,000
List Price/SqFt: 4151.83
Negotiable Seller Concessions YN: No
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 3
Total Bedrooms: 3
Main Level Bathrooms: 3
Baths - Full: 3
Baths - Total: 3
Property Condition: Resale
Year Built: 1953
SqFt - Total: 2318
SqFt - Living: 1686
SqFt Source: Tax Rolls
Gated Community: No
Garage Spaces: 2
Covered Spaces: 2
Year Roof Installed: 1996
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Directions: Blue Heron Blvd east to Lake Drive, make a right, property on the right.
Subdivision: PALM BEACH SHORES
Legal Desc: PALM BEACH SHORES LT 535
Lot SqFt: 18437
Lot Dimensions: 75 X 242 (.42ACRES)
Waterfront: Yes
Waterfrontage: 75
Dock: YES
Front Exp: East
Private Pool: No
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 1
Location Tax Legal
Area: 5240
County: Palm Beach
Parcel ID: 54434227040005350
Street #: 206
Street Name: Lake
Street Suffix: Drive
Zip Code: 33404
Geo Lat: 26.781332
Geo Lon: -80.039425
Status Change Info
Under Contract Type: Pending
Under Contract Date: 2026-03-03
Property Features
Design: Ranch
Construction: CBS
View: Intracoastal
Waterfront Details: Intracoastal; Navigable; No Fixed Bridges; Ocean Access; Seawall
Lot Description: East of US-1; 1/4 to 1/2 Acre; Flood Zone; Paved Road; Public Road
Interior Features: Split Bedroom; None
Furnished: Unfurnished
Rooms: Family
Parking: Garage - Attached; Open
Pet Restrictions: No Restrictions
Restrict: Other
Flooring: Tile
Heating: Electric
Cooling: Central
Roof: Comp Shingle; Other
Boat Services: Private Dock; Water Available; Exclusive Use
Terms Considered: Cash; Conventional
Utilities: Public Sewer; Public Water
Storm Protection: None
Special Info: Sold As-Is; Survey
Taxes: City/County; Other Exemption
Possession: At Closing; Funding
Showing Instructions: Text Listing Agent
Contingencies: None
Room Information
Living Room
Length: 15.00
Width: 10.00
Length: 15.00
Level: Main
Width: 10.00
Kitchen
Length: 12.00
Width: 12.00
Length: 12.00
Level: Main
Width: 12.00
Master Bedroom
Length: 12.00
Width: 12.00
Length: 12.00
Level: Main
Width: 12.00
Documents
Survey ›Listing Office: The Keyes Company (PBG)
Last Updated: March - 03 - 2026
Broker Attribution:
561-722-1169
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
