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206 Lake DR Palm Beach Shores, FL 33404 Pending

UPDATED: 03/12/2026 12:38 AM ON MARKET: 20 days on market

$7,000,000

3 Beds3 Baths1,686 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,686 sqft

Price per Sqft $4,151

Subdivision Palm Beach Shores

MLS Listing ID R11168153

Style Ranch

Bedrooms 3

Full Baths 3

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 1686

Year Built 1953

Annual Tax Amount $12,511

Tax Year 2025

Contingent None

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Single Family Residence

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.