389 S Lake Drive # 5d Palm Beach, FL $ 1,500,000
389 S Lake Drive # 5d
$ 1,500,000
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389 S Lake Drive # 5d

Palm Beach, FL, 33480
$ 1,500,000
Bedrooms2 Baths2.0 Sq 1,414

Monthly Estimate*

$ 9,358

389 S Lake Drive # 5d, Palm Beach, FL 33480 - Image 1
389 S Lake Drive # 5d, Palm Beach, FL 33480 - Image 2
389 S Lake Drive # 5d, Palm Beach, FL 33480 - Image 3
389 S Lake Drive # 5d, Palm Beach, FL 33480 - Image 4
389 S Lake Drive # 5d, Palm Beach, FL 33480 - Image 5
389 S Lake Drive # 5d, Palm Beach, FL 33480 - Image 6
389 S Lake Drive # 5d, Palm Beach, FL 33480 - Image 7
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Condo for sale in Palm Beach, FL

for $1,500,000 with 2 bedrooms and 2 full baths. This 1,414 square foot condo was built in 1967 on a lot size of 1.55119.

Experience the epitome of Palm Beach living at 389 S Lake Drive, an exclusive, full-service boutique building in the heart of Midtown. This light-filled residence is perfectly positioned just one block from world-renowned Worth Avenue, the scenic Lake Trail, and the town docks. Enjoy serene Intracoastal and pool views from your private oasis. The pet-friendly building offers a sophisticated lifestyle with premium amenities, including a professional doorman, heated swimming pool, on-site management, and assigned parking. Many units feature modern renovations, high ceilings, impact glass, and in-unit laundry. Don't miss this rare opportunity to own in one of the Island's most coveted locations

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Condo Active

Price

$ 1,500,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 6,103

Style

4+ Floors

Lot Size

1.55119

Year Built

1967

Town/City

Palm Beach

County/Region

Palm Beach

MLS | Web ID

RX11149086

Features
Exterior
Lot Description 1 to < 2 Acres
Waterfront Yes Lake
Design 4+ Floors
Private Pool Y/N No
Subdiv. Amenities Elevator Lobby Pool
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Interior
Interior Amenities Built-in Shelves Elevator Foyer Walk-in Closet
Dining Area Dining-Living
Flooring Carpet Tile Wood Floor
Furnished Y/N Furniture Negotiable Turnkey
Total Bedrooms 2
Master Bedroom/Bath Separate Shower
Unit Floor # 5.00
Unit Desc Exterior Catwalk
Total Bathrooms 2.00
SqFt - Living 1414.00
Total Floors/Stories 6.00
Equip/Appl Included Dishwasher Disposal Dryer Freezer Microwave Range - Electric Refrigerator Washer
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General
Construction Concrete Other
Heating Central
Cooling Central
Utilities Cable Electric Public Sewer Public Water
Possession At Closing
Pets Allowed No
Zoning R-D(2)
HOA Mandatory
Number of Garage Spaces 0.00
Status Active
Full Baths 2
Half Baths 0
Year Built 1967
REO No
Subdivision THREE EIGHTY NINE CORP LESSEE
View City Intracoastal Lake
Type Condo/Coop
Rooms Florida
Property Type A
Area 5002
Application Fee 0.00
Unit Number 5d
Auction No
Tax Year 2025
Terms Considered Cash
Gated Community No
Short Sale No
Restrict Buyer Approval
Taxes 6103.00
Adult 55+ No Hopa
HOA/POA/COA (Monthly) 5983.59
Governing Bodies Coop
Membership Fee Required No
Virtual Tour https://www.propertypanorama.com/389-S-Lake-Drive-5d-Palm-Beach-FL-33480/unbranded
Geo Area PB30
Legal Description THREE EIGHTY NINE CORP LESSEE APT 5-D
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Internal Only
OriginalMLSID RX-11149086
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* Excluded Features
List By
Brian Jacobs

Listing Agent

Network Property Group, Llc

Broker

brian@networkpg.com

Email

Affordability Calculator

$9,867
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$509
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
12/21/2025 $1,500,000 Listed Price

Map


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389 S Lake Drive # 5d, Palm Beach, FL, 33480 is a Condo for sale at $1,500,000 with 1,414 sqft and a lot size of 1.55119. 389 S Lake Drive # 5d has 2 bedrooms, 2.0 baths, and was built in 1967. The property's zip code is 33480 which is in Palm Beach, FL