Priced below appraised value, this waterfront property in Lantana is an incredible opportunity to own in one of Palm Beach County's most sought-after coastal locations. Nestled at 122 S Lake Dr, this 3 bedroom plus den, 3 bathroom home sits on a sprawling 10,890 sq. ft. lot, offering gorgeous views of the Intracoastal Waterway and endless potential. Situated among some of the area's most prestigious waterfront communities, this property is just across the way from the luxury estates of Hypoluxo Island and the prestigious oceanfront residences of Manalapan. Just minutes from the beach, you'll also enjoy easy access to world-class amenities, including the renowned Eau Palm Beach Resort & Spa, fine dining, and boutique shopping. Whether you're looking to renovate, invest, or create your dream waterfront retreat, this property offers unmatched value in a prime location. Don't miss this rare opportunityschedule your showing today!