Palm Beach Shores Residential, 206 Lake Dr, Palm Beach Shores, FL 33404

12,000,000(-25% )
$9,000,000Price
3Beds
3Baths
1,686SqFt

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Details

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Status:
Active
Parking: 2
Size: 1,686 SqFt (157 m2)
Price: $5,338/SqFt ($57,459/m2)
Type: Single Family Home
Built: 1953
MLS Number: R11087824
View: Intercoastal
On Site: 91 Days
Updated: 0 Days ago
Page Views: 0
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.
Features
Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: No info
Exterior and Lot Features
  • View: Intercoastal
Interior, Heating and Cooling
  • Interior Features: SplitBedrooms
  • Equipment / Appliances: Refrigerator
  • Heating Description: Electric
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Tile
  • Year Built: 1953
  • Year Built Description: Resale
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Listing Date: 2025-05-05T15:33:33.000-00:00
    • Pets Allowed: Yes
    Taxes, Fees & More
    • Taxes: 12142
    • Parking Description: Attached,Garage,Open
    • Total Floors in Building: 1

    Price History

    05/20/2025

    Date

    Price Reduced

    Event

    $9M

    Price

    -25%

    Change Rate

    $5,338 ft2 / $57,459 m2

    Price Per

    05/05/2025

    Date

    Listed

    Event

    $12M

    Price

    $7,117 ft2 / $76,612 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by David ReipKeller Williams Realty Jupiter • Buyer Agency Compensation .

    Instant Comps

    $100/ft²
    $1,800/ft²
    $3,600/ft²
    $5,500/ft²

    Unit 206 Lake Dr – Asking

    $5,338/ft²

    (+708%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $661/ft²
    Community $/Price Range (Closed) $112/ft² – $975/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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