$6,625,000
Sold · April 14, 2026
206 Lake Drive
Explore the area: Palm Beach Shores homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $6,625,000
- Vs. list price
- 5.4% under
- Days on market
- N/A
- Price per sq ft
- $3,929
This 3-bedroom single-family home in Palm Beach Shores sold for $6,625,000 on April 14, 2026. That was 5.4% below its final list price of $7,000,000. At $3,929 per square foot, it closed 382.7% above the $814 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $6,625,000
- Sold On
- April 14, 2026
- Days on Site
- 0 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 1,686 sqft
- Total Sq Ft
- 2,318 sqft
- Lot Size
- 0.42 Acres
- Year Built
- 1953
- Property Type
- Single Family
- MLS #
- R11168153
- Property Tax
- $12,511 (2025)
- Subdivision
- PALM BEACH SHORES
- County
- Palm Beach
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1953
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Garage / Open
- Direction Faces
- East
- Lot Size (Acres)
- 0.42
- Living Sq Ft
- 1,686
- Total Sq Ft
- 2,318
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- DISTRIC C - MUL
Interior Features
- Appliances
- Refrigerator
- Cooling
- Central Air
- Heating
- Electric
- Interior Features
- None / Split Bedrooms
- Main Level Bedrooms
- 3
- Main Level Baths
- 3
- Total Rooms
- 4
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Composition / Other / Shingle
- Architectural Style
- Ranch
- Lot Features
- Quarter To Half Acre Lot
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access / Navigable Water / No Fixed Bridges / Ocean Access / Seawall
- View
- Intercoastal
Community & HOA
- Association Amenities
- Boating
- Community Features
- Boat Facilities
- Utilities
- Sewer Available / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 5240
Schools
- Elementary School
- Lincoln
- Middle School
- John F. Kennedy (Palm Beach)
- High School
- William T. Dwyer
About the Community
Palm Beach Shores is a luxury waterfront, luxury community in Palm Beach Shores, Palm Beach County, Florida. Properties are priced from $1,600,000 to $3,000,000. Pure Equity lists homes in Palm Beach Shores and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 6
- Median List Price
- $2,195,000
- Median $/Sq Ft
- $1,012
- Avg Days on Market
- 119
Frequently Asked Questions
- How do I schedule a tour of 206 Lake Drive, Palm Beach Shores, FL 33404?
- Use the Tour button on this listing to request a showing of 206 Lake Drive, Palm Beach Shores, FL 33404. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 206 Lake Drive, Palm Beach Shores, FL 33404 still available?
- 206 Lake Drive, Palm Beach Shores, FL 33404 is currently listed as Sold. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 206 Lake Drive, Palm Beach Shores, FL 33404?
- With 20% down ($1,400,000) on the $7,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 206 Lake Drive, Palm Beach Shores, FL 33404 is about $36,788/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 206 Lake Drive, Palm Beach Shores, FL 33404?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 206 Lake Drive, Palm Beach Shores, FL 33404. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 206 Lake Drive, Palm Beach Shores, FL 33404?
- 206 Lake Drive, Palm Beach Shores, FL 33404 is zoned for Lincoln (elementary), John F. Kennedy (Palm Beach) (middle), William T. Dwyer (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 206 Lake Drive, Palm Beach Shores, FL 33404?
- Often, yes. The right offer on 206 Lake Drive, Palm Beach Shores, FL 33404 depends on how it's priced against comparable single family sales in Palm Beach Shores, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Keyes Company (PBG)
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$6,625,000
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Listed by Kevin M Spina, The Keyes Company (PBG)
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Recent Sales
Recently sold homes in Palm Beach Shores
These are the last 6 recorded closings in Palm Beach Shores, with the price each home actually sold for rather than what it was listed at. They closed at a median of $814 per square foot. The most recent closed on August 3, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$2,850,000
Sold · August 3, 2026
309 Cascade Lane
4 bed · 3.5 bath · 3,500 sqft · $814/sqft
Sold$2,850,000
Sold · August 3, 2026
309 Cascade Lane
4 bed · 3.5 bath · 3,500 sqft · $814/sqft
Sold$1,347,500
Sold · June 11, 2026
200 Blossom Lane
3 bed · 2 bath · 1,474 sqft · $914/sqft
$47,500 under the asking price
Sold$1,175,000
Sold · June 2, 2026
324 Blossom Lane
3 bed · 2 bath · 1,801 sqft · $652/sqft
$174,000 under the asking price
Sold$950,000
Sold · May 12, 2026
1122 Beach Road
3 bed · 2 bath · 1,501 sqft · $633/sqft
$48,500 under the asking price
Sold$2,485,000
Sold · May 8, 2026
325 Cascade Lane
4 bed · 3 bath · 2,749 sqft · $904/sqft
$15,000 under the asking price
See every recorded sale in Palm Beach Shores or find out what your Palm Beach Shores home is worth.
