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Canal Point is a census-designated place (CDP) in Palm Beach County, Florida, United States. Canal Point is located along the eastern shore of Lake Okeechobee, to the northeast of Pahokee and to the northwest of Bryant. The unincorporated community was originally inhabited by the Calusa tribe until almost 400 years ago. Whites began occupying the area in the 1900s decade, establishing an agrarian community. The completion of the West Palm Beach Canal in 1917 allowed crops to be shipped by boat to West Palm Beach and then to other areas of the country, while construction of Conners Highway in 1924 resulted in crops being transported by motor vehicle.

Today, the community still relies heavily on agriculture, especially sugar. The town is very small with very little infrastructure. Canal Point has a small population, with 367 people counted in the 2010 census, down from 525 in the 2000 census.