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389 S Lake Drive Unit Phb, Palm Beach, Florida 33480

Active For Sale
$7,980,000
  • Beds 3
  • Baths 3
  • Sq Ft 2,443 Sqft
  • Visits: 7 in 69 days

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.

Features

  • Swimming Pool: Heated, Association, Community, None
  • Heating System: Central
  • Cooling System: Central Air
  • Parking: Assigned, Covered, Guest, Deeded

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer, Electric Water Heater, Disposal, Built-In Oven, Ice Maker

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: Palm Beach
  • Subdivision: THREE EIGHTY NINE CORP LES
  • Zipcode: 33480
  • Street: Lake
  • Street Number: 389
  • Street Suffix: Drive
  • Floor Number: 0
  • Longitude: W81° 57' 49.9''
  • Latitude: N26° 42' 20.2''
  • UnitNumber: Phb
  • Directions: On S. Lake Dr. on Intracoastal on corner of Peruvian Avenue
  • Street Dir Prefix: S
  • MLS Area: 5002

MLS Addon

  • Architectural Style: One Story
  • Association Amenities: Clubhouse, Elevator(s), Laundry, Pool, Trash, Management, Bike Storage, Maintenance, Security
  • Association Fee: $10,500
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Common Area Maintenance, Pool(s), Sewer, Security, Trash, Association Management, Insurance, Laundry, Parking, Pest Control, Reserve Fund, Cable TV, Legal/accounting
  • Close Price: $0
  • Elementary School: Palm Beach Public
  • Exterior Features: Balcony
  • Flooring: Wood, Marble, Hardwood
  • High School: Forest Hill Community
  • Insurance Expense: $0
  • Interior Features: Living/Dining Room, Entrance Foyer, Walk-In Closet(s), Main Living Area Entry Level, Built-in Features, Pantry, Split Bedrooms, Bathtub, Shower Only
  • Laundry Features: Common Area
  • Lot Features: 1-2 Acres, Sprinklers Automatic, Buyer Approval Required
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 6
  • Tax Annual Amount: $55,480
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Window Features: Blinds, Impact Glass, Drapes, Sliding

Location

Listing Updated: 2026-07-18 08:45:22

  • Parent : 389:S:Lake:33480:Palm Beach
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : B26027444
  • Price : $7,980,000
  • View : Bay, Water
  • Bedrooms : 3
  • Bathrooms : 3
  • Full Bathrooms : 3
  • Half Bathrooms : 0
  • Square Footage : 2,443 Sqft
  • Year Built : 1967
  • Lot Area : 1.55 Acre
  • Listing Status : Active
  • Days On Market : 68
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