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For sale
  • $9,000,000

    206 Lake Drive, Palm Beach Shores, FL 33404

    3beds
    1,686sqft
    : 
    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
    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.
    114 days
    on Zillow
    |
    469
    |
    2
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    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-11087824MLS LogoOriginating MLS: Beaches MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 206 Lake Drive.

    Next available tour time:Tomorrow at 11am

    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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