206 Lake Drive Palm Beach Shores, FL $ 7,000,000
206 Lake Drive
$ 7,000,000
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206 Lake Drive

Palm Beach Shores, FL, 33404
$ 7,000,000
Bedrooms3 Baths3.0 Sq 1,686

Monthly Estimate*

$ 43,100

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Single Family Home for sale in Palm Beach Shores, FL

for $7,000,000 with 3 bedrooms and 3 full baths. This 1,686 square foot home was built in 1953 on a lot size of 0.423255.

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 Islandbordered 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.

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Single Family Pending

Price

$ 7,000,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 12,511

Style

Ranch

Lot Size

0.423255

Year Built

1953

Town/City

Palm Beach Shores

County/Region

Palm Beach

MLS | Web ID

RX11168153

Features
Exterior
Lot Description 1/4 to 1/2 Acre East of US-1 Flood Zone Paved Road Public Road
Waterfront Yes Intracoastal Navigable No Fixed Bridges Ocean Access Seawall
Design Ranch
Dock YES
Private Pool Y/N No
Lot Dimensions 75 X 242 (.42ACRES)
Boat Services Exclusive Use Private Dock Water Available
Subdiv. Amenities Boating
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Interior
Interior Amenities None Split Bedroom
Flooring Tile
Furnished Y/N Unfurnished
Total Bedrooms 3
Master Bedroom/Bath None
Total Bathrooms 3.00
SqFt - Living 1686.00
Total Floors/Stories 1.00
Equip/Appl Included Refrigerator
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General
Construction CBS
Heating Electric
Cooling Central
Utilities Public Sewer Public Water
Possession At Closing Funding
Roof Comp Shingle Other
Parking Garage - Attached Open
Pets Allowed Yes
Zoning DISTRIC C - MUL
HOA None
Number of Garage Spaces 2.00
Status Pending
Full Baths 3
Half Baths 0
Year Built 1953
REO No
Subdivision PALM BEACH SHORES
View Intracoastal
Type Single Family Detached
Rooms Family
Property Type A
Area 5240
Auction No
Tax Year 2025
Terms Considered Cash Conventional
Gated Community No
Short Sale No
Restrict Other
Water Frontage 75
Special Info Sold As-Is Survey
Taxes 12511.10
Middle School John F. Kennedy Middle School
Adult 55+ No Hopa
Governing Bodies None
Membership Fee Required No
High School William T. Dwyer High School
Virtual Tour https://www.tourfactory.com/idxr3235741
Elementary School Lincoln Elementary School
Geo Area PB28
Legal Description PALM BEACH SHORES LT 535
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Internal Only
OriginalMLSID RX-11168153
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* Excluded Features
List By
Kevin M Spina

Listing Agent

The Keyes Company (Pbg)

Broker

kevinspina@thespinagroup.com

Email

Affordability Calculator

$44,143
Per Month
98%
2%
0%
Monthly Principal & Interest
$43,100
Monthly Property Taxes
$1,043
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
795759 Elementary School
795761 Middle School
William T. Dwyer High School High School
Pricing History
DatePricePrice ChangeDescription
3/3/2026$7,000,000 Listed Price

Map


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206 Lake Drive, Palm Beach Shores, FL, 33404 is a Single Family Home for sale at $7,000,000 with 1,686 sqft and a lot size of 0.423255. 206 Lake Drive has 3 bedrooms, 3.0 baths, and was built in 1953. The property's zip code is 33404 which is in Palm Beach Shores, FL