206 Lake Dr - Commercial LAND FOR SALE


Palm Beach Shores, FL 33404 18,295 SF
$9,000,000 USD
561-339-3636
206 Lake Dr, Palm Beach Shores, FL for Sale
$9,000,000 USD
Commercial LAND - FOR SALE
1/11
18,295 SF

206 Lake Dr
Palm Beach Shores, FL 33404


HIGHLIGHTS

  • OCEAN ACCESS WITHIN MINUTES! NO FIXED BRIDGES!
  • ZONING C - MULTI FAMILY/HOTEL MOTEL/SINGLE FAMILY
  • 99 FT DOCK / .42 ACRE LOT

OVERVIEW

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 on Lake Worth Lagoon/Palm Beach Inlet. Commercial zoned- 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. Residents enjoy private beach access within walking distance. Top-tier location for water recreation and water enthusiasts. Steps to Sailfish Marina, upscale shops, restaurants, and short drives to world-class golf, Palm Beach, downtown, and PBI international. * Location & Community — Palm Beach Shores, Florida Nestled on the southern tip of Singer Island, Palm Beach Shores is a rare enclave bordered by the Atlantic Ocean to the east, Lake Worth Lagoon to the west, and the Palm Beach Inlet to the south. With just over half a square mile of land the town offers an intimate, upscale coastal lifestyle with a strong sense of community. * Why Palm Beach Shores Stands Out for a Waterfront Development Palm Beach Shores perfectly balances exclusivity with livability. This seaside town offers the rare combination of small-town intimacy, rich recreational amenities, boater-friendly access, and proximity to Palm Beach’s ultra luxury lifestyle. It supports both higher end single family residences and boutique hospitality developments, anchored by a strong local infrastructure and a year-round community. Whether future development of this lot is targeting a multifamily development for families, seasonal residents, or boutique hotel/short term guests, this town offers credible lifestyle appeal and long-term investment potential— on an Intracoastal parcel with C zoning offering permitted multi-family or hotel/motel uses. * Regional Development & Waterfront Momentum Investment & Waterfront Development Insights- • Riviera Beach’s Marina Village is transitioning into a vibrant marina-front destination, combining leisure, hospitality, and housing—on this intracoastal corridor. • Nearby high-rise condo and condo-hotel proposals signal strong confidence in waterfront luxury residential investment, adding competitive context for upscale development. • Rehab of historic hospitality such as the Gulf Stream Hotel, plus modern boutique projects, speaks to growing demand for unique waterfront experiences across Palm Beach County. This Intracoastal parcel in Palm Beach Shores sits at the heart of a region undergoing significant waterfront revitalization—notably a major marina redevelopment anchored by mixed-use living, dining, and hospitality. Investors and developers are targeting this corridor for upscale residential and hotel concepts that would complement this parcel’s permitted single family, multi-family, or hotel uses. Adjacent cities all around South Florida are undergoing significant development and re-development projects. Ultra-high net worth migration to South Florida continues and has accelerated the single-family luxury home market! This momentum further underscores desirability, visibility, and future upside potential!

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/ACRE

$21,428,806/AC

PRICE/SF

$492 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

WATERFRONT DEVELOPMENT OPPORTUNITY

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo, Hold for Development, Hold for Investment, Motel, Single Family Development, Single Family Residence

LAND ACRES

0.42 AC

LAND SF

18,295 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Cable, Telephone

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John CuomoKW CommercialMore Info
561-339-3636

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John CuomoKW CommercialMore Info
561-339-3636

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.