EXTREMELY RARE Waterfront Development Opportunity! Located on 0.42 acres in Palm Beach Shores, this prime Intracoastal lot offers unparalleled location- Direct Ocean access in minutes--no fixed bridges! Across from Peanut Island. Nestled on the southern tip of Singer Island, Palm Beach Shores is a rare enclave bordered by the Atlantic Ocean to the east, the Lake Worth Lagoon to the west, and the Palm Beach Inlet to the south. Zoned C- Permitted for single-family, multi-family, or hotel/motel! Features a 99' dock. This parcel sits at the heart of a region undergoing significant waterfront revitalization! Palm Beach Shores delivers an upscale, tight knit coastal living experience in a seaside town. Residents enjoy direct private beach access within walking distance. Palm Beach Shores small seaside town residents enjoy direct, private access to pristine white sand beaches, a beach pavilion, community events, and local walking paths that wind through manicured coastal landscapes. The town is a haven for water enthusiasts; boating, kayaking, parasailing, snorkeling, and sunset cruises are possibilities from Sailfish Marina or local ramps. Peanut Island, a lush nearby park is perfect for hiking, snorkeling, and fishing. Phil Foster Park and Ocean Reef Park offer excellent picnic-like settings, snorkeling spots beneath the Blue Heron Bridge, and calm lagoon swimming. Nearby John Macarther State Park and all Singer Island has to offer. Just steps to Sailfish Marina, upscale shops, restaurants, hotels, and a short drive to Palm Beaches ultra- luxury lifestyle. Close proximity to world-class golf and country clubs, cities with loads of amenities, and PBI international airport for quick travel.
For sale
$9,000,000
206 Lake Drive, Palm Beach Shores, FL 33404
3beds
1,686sqft
Est.:
Single Family Residence
Built in 1953
0.42 Acres Lot
$7,877,800 Zestimate®
$5,338/sqft
$-- HOA
What's special
Direct ocean accessIntracoastal lot
- 114 days
- on Zillow |
- 469 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 10:49am
Listed by:
Kim Cuomo 561-339-3002,
Keller Williams Realty Jupiter,
David R Reip 253-509-2121,
Keller Williams Realty Jupiter
Source: BeachesMLS,MLS#: RX-11087824
Originating MLS: Beaches MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Family Room
Primary bedroom
- Level: M
- Area: 144 Square Feet
- Dimensions: 12 x 12
Kitchen
- Level: M
- Area: 144 Square Feet
- Dimensions: 12 x 12
Living room
- Level: M
- Area: 150 Square Feet
- Dimensions: 15 x 10
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Refrigerator
Features
- None, Split Bedroom
- Flooring: Tile
Interior area
- Total structure area: 2,318
- Total interior livable area: 1,686 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached, Open
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Dock
- Has view: Yes
- View description: Intracoastal
- Has water view: Yes
- Water view: Intracoastal
- Waterfront features: Intracoastal, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
- Frontage length: 75 feet approximate
Lot
- Size: 0.42 Acres
- Features: 1/4 to 1/2 Acre, East of US-1, Flood Zone
Details
- Parcel number: 54434227040005350
- Zoning: DISTRI
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
Condition
- Resale
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Boating
- Subdivision: Palm Beach Shores
Location
- Region: Palm Beach Shores
Financial & listing details
- Price per square foot: $5,338/sqft
- Tax assessed value: $2,333,172
- Annual tax amount: $12,142
- Date on market: 5/5/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
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