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389 S Lake Drive # Pha Palm Beach, FL $ 7,950,000
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389 S Lake Drive # Pha
$ 7,950,000
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389 S Lake Drive # Pha

Palm Beach, FL, 33480
$ 7,950,000
Bedrooms2 Baths2.1 Sq 1,917

Monthly Estimate*

$ 48,950

389 S Lake Drive # Pha, Palm Beach, FL 33480 - Image 1
389 S Lake Drive # Pha, Palm Beach, FL 33480 - Image 2
389 S Lake Drive # Pha, Palm Beach, FL 33480 - Image 3
389 S Lake Drive # Pha, Palm Beach, FL 33480 - Image 4
389 S Lake Drive # Pha, Palm Beach, FL 33480 - Image 5
389 S Lake Drive # Pha, Palm Beach, FL 33480 - Image 6
389 S Lake Drive # Pha, Palm Beach, FL 33480 - Image 7
389 S Lake Drive # Pha, Palm Beach, FL 33480 - Image 8

Condo for sale in Palm Beach, FL

for $7,950,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,917 square foot condo was built in 1967 on a lot size of 1.55119.

Relish one of the best water views in all of Palm Beach from this spacious penthouse with over 1,300 sf of wrap around terraces, perfect for outdoor entertaining and enjoyment with views up and down the Intracoastal. Located on the Intracoastal waterway overlooking the Peruvian town docks. The apartment has a spacious open floor plan for living room, dining area and kitchen, with split bedrooms, with each room overlooking the Intracoastal. An added bonus is a one-bedroom guest apartment downstairs on the ground floor. One covered parking with additional outdoor parking. Pet friendly. Excellent full-service building with 24 hr. doorperson, heated pool and only steps to world class shopping on Worth Avenue, restaurants and the beach.

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Condo Active

Price

$ 7,950,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 58,240

Style

4+ Floors

Lot Size

1.55119

Year Built

1967

Town/City

Palm Beach

County/Region

Palm Beach

MLS | Web ID

RX11170010
Features
Exterior
Lot Description 1 to < 2 Acres East of US-1
Exterior Amenities Auto Sprinkler Covered Balcony Wrap-Around Balcony
Waterfront Yes Intracoastal
Design 4+ Floors
Private Pool Y/N No
Subdiv. Amenities Bike Storage Common Laundry Community Room Elevator Extra Storage Internet Included Manager on Site Pool Street Lights Trash Chute
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Interior
Interior Amenities Bar Fire Sprinkler Foyer Kitchen Island Pantry Split Bedroom Walk-in Closet
Dining Area Dining-Living
Flooring Ceramic Tile Marble
Furnished Y/N Unfurnished
Total Bedrooms 2
Master Bedroom/Bath Combo Tub/Shower
Unit Floor # 6.00
Unit Desc Corner Exterior Catwalk Lobby Penthouse
Total Bathrooms 2.10
SqFt - Living 1917.00
Total Floors/Stories 6.00
Equip/Appl Included Dishwasher Disposal Dryer Freezer Ice Maker Microwave Range - Electric Refrigerator Washer
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General
Construction CBS
Heating Central Individual
Cooling Central Individual
Utilities Cable Public Sewer Public Water
Possession At Closing
Parking Assigned Carport - Detached Guest
Pets Allowed Restricted
Zoning R-D(2)
HOA Mandatory
Number of Garage Spaces 0.00
Security Doorman Lobby Security Sys-Owned TV Camera
Status Active
Full Baths 2
Half Baths 1
Year Built 1967
REO No
Subdivision THREE EIGHTY NINE CORP LESSEE
View Intracoastal
Type Condo/Coop
Rooms Storage
Property Type A
Area 5002
Application Fee 100.00
Unit Number Pha
Auction No
Tax Year 2025
Terms Considered Cash
Gated Community No
Short Sale No
Restrict Buyer Approval Interview Required Lease OK Lease OK w/Restrict Tenant Approval
Special Info Sold As-Is
Taxes 58240.70
Adult 55+ No Hopa
HOA/POA/COA (Monthly) 3960.50
Governing Bodies Coop
Membership Fee Required No
Geo Area PB30
Legal Description THREE EIGHTY NINE CORP LESSEE PENTHOUSE A
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Internal Only
OriginalMLSID RX-11170010
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* Excluded Features
List By
Ashley Copeland

Listing Agent

Brown Harris Stevens Of Pb

Broker

acopeland@bhspalmbeach.com

Email

Affordability Calculator

$53,803
Per Month
91%
9%
0%
Monthly Principal & Interest
$48,950
Monthly Property Taxes
$4,853
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
Date Price Price Change Description
3/9/2026 $7,950,000 Listed Price

Map

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389 S Lake Drive # Pha, Palm Beach, FL, 33480 is a Condo for sale at $7,950,000 with 1,917 sqft and a lot size of 1.55119. 389 S Lake Drive # Pha has 2 bedrooms, 2.1 baths, and was built in 1967. The property's zip code is 33480 which is in Palm Beach, FL

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