389 S Lake DR #Phb, Palm Beach, FL 33480
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389 S Lake DR #Phb, Palm Beach, FL 33480
389 S Lake DR #Phb, Palm Beach, FL 33480
389 S Lake DR #Phb, Palm Beach, FL 33480
389 S Lake DR #Phb, Palm Beach, FL 33480
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Drew Saporito | Broker Associate

Drew Saporito | Broker Associate

+1(561) 309-3571
$ 7,980,000
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389 S Lake DR #Phb Palm Beach, FL 33480

3 Beds

3 Baths

2,443 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Stock Cooperative

Listing Status Active

Purchase Type For Sale

Square Footage 2,443 sqft

Price per Sqft $3,266

Subdivision Three Eighty Nine Corp Lessee

MLS Listing ID B26027444

Style Traditional

Bedrooms 3

Full Baths 3

Construction Status Resale

HOA Fees $10,500/qua

HOA Y/N Yes

Total Fin. Sqft 2443

Land Lease Amount 179550.0

Year Built 1967

Annual Tax Amount $55,480

Tax Year 2025

Lot Size 1.550 Acres

Acres 1.55

Property Sub-Type Stock Cooperative

Property Description

Absolutely breathtaking panoramic views of the Intracoastal Waterway await from the expansive wraparound terraces of this exceptional penthouse, offering some of the finest vistas in Palm Beach. Rarely available, this elegant 3-bedroom, 3-bath residence lives like a private home and showcases timeless architectural details, including beautiful herringbone wood flooring throughout. Designed for both gracious entertaining and relaxed coastal living, every room opens to idyllic terraces with stunning water views. The handsome wood-paneled den, complete with a full bath and oversized walk-in closet, easily serves as a third bedroom or private office. Additional features include soaring ceilings, a spacious kitchen, impact sliding doors, and a convenient laundry closet. Ideally located at prestigious 389 South Lake, just one street from Worth Avenue, this remarkable residence is within walking distance to world-class shopping, fine dining, and the beach.

Location

State FL

County Palm Beach

Community Property Manager On-Site, Street Lights

Area 5002

Zoning R-D(2) (city)

Direction Southwest

Rooms

Main Level Bedrooms 3

Interior

Interior Features Built-in Features, Bathtub, Entrance Foyer, Living/Dining Room, Pantry, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Walk-In Closet(s)

Heating Central, Individual

Cooling Central Air

Flooring Marble, Tile, Wood

Furnishings Unfurnished

Fireplace No

Window Features Blinds,Drapes,Sliding,Storm Window(s)

Appliance Cooktop, Dryer, Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Cooktop, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer

Laundry Laundry Closet, Washer Dryer Install Allowed

Exterior

Exterior Feature Balcony, Outdoor Living Area

Parking Features Assigned, Guest

Pool Association, Heated

Community Features Property Manager On-Site, Street Lights

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Connected

Amenities Available Bike Storage, Clubhouse, Maintenance Grounds, Laundry, Management, Pool, Parking, Security, Sidewalks, Trash, Elevator(s)

Waterfront Description Intracoastal Access

View Y/N Yes

Water Access Desc Public

View Intercoastal, Marina, Water

Roof Type Other

Accessibility None

Porch Covered, Balcony

Road Frontage City Street

Total Parking Spaces 1

Garage No

Private Pool No

Building

Lot Description Sprinklers Automatic

Dwelling Type Multi Family

Faces Southwest

Story 6

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Structure Type Block

New Construction No

Construction Status Resale

Schools

Elementary Schools Palm Beach Public

High Schools Forest Hill

Others

Pets Allowed Yes

HOA Fee Include Common Areas,Cable TV,Insurance,Legal/Accounting,Maintenance Grounds,Maintenance Structure,Pest Control,Pool(s),Reserve Fund,Sewer,Security,Trash

Senior Community No

Restrictions Buyer Approval Required,No Smoking

Tax ID 50434327630006020

Security Features Security System Owned,Security System,Building Security,Fire Alarm,Fire Sprinkler System,Lobby Secured,Phone Entry,Smoke Detector(s),Security Lights

Acceptable Financing Cash

Membership Fee Required false

Green/Energy Cert Appliances

Listing Terms Cash

Special Listing Condition Standard, Listed As-Is

Pets Allowed Dogs OK, Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/389-S-Lake-Drive-Phb-Palm-Beach-FL-33480/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Ashley Copeland Brown Harris Stevens of PB

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389 S Lake DR #Phb