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Star Platinum Realty Group Inc.
206 Lake Drive, Palm Beach Shores, FL 33404
- $6,625,000
- 3
- BD
- 3
- BA
- 1,686
- SqFt
- Sold Price
- $6,625,000
- List Price
- $7,000,000
- Days on Market
- 0
- Closing Date
- Apr 14, 2026
- MLS#
- R11168153
- Year Built
- 1953
- Bedrooms
- 3
- Bathrooms
- 3
- Living Area
- 1,686
- Acres
- 0.42
- MLS Area Major
- 5240
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.
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Additional Information
- Taxes
- $12,511
- Property Description
- Ranch
- Zoning
- DISTRIC C - MUL
- Interior Features
- None, Split Bedrooms
- Appliances
- Refrigerator
- Utilities
- Sewer Available, Water Available
- Heating
- Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Roof
- Composition, Other, Shingle
- Garage Spaces
- 2
- Elementary School
- Lincoln
- Middle School
- John F. Kennedy (Palm Beach)
- High School
- William T. Dwyer
Listing courtesy of The Keyes Company (PBG). Contact: 561-722-1169
Selling Office: The Keyes Company (PBG).