Home » Palm Beach » 389 S Lake Drive 1d, Palm Beach, FL 33480 | R10927290/RX-10927290

389 S Lake Drive 1d, Palm Beach, FL 33480 | Sold

$3,500,000
closed for a price of $3,000,000

Property Highlights

Listing ID R10927290/RX-10927290 Status of this Listing: Closed Sold Property Type Residential Co-Op Stock Cooperative 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,702 Sqft/158.12 m2 approx. Building Area 1,702 Sqft/158.12 m2 approx. COMMUNITY POOL Year Built 1967 Time of this property from published date until Closing Date 228 Days
35 Photos of this Property

389 S Lake Drive 1d, Palm Beach, FL 33480

Property Description: Exquisite designer renovated lanai garden residence. The finest finishes. Spacious floor plan with high ceilings that allow for an open feel that feels like town home living. Private, 2 bedroom, 2 bath, in-town treasure with Palm Beach sophistication and elegance. Bring your most discerning clients. Building amenities include, pool, covered parking, doorman.

Residential Co-Op Stock Cooperative Sold located at 389 S Lake Drive 1d Palm Beach FL 33480 in Palm Beach County referenced as ID MLS # R10927290. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:No Contingencies
Original List Price:$3,500,000
Close Price:$3,000,000

Construction

Year Built Details:
  • Resale
Property Condition:
  • Resale
Entry Level (floor):1
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Tile
  • Wood
Number of stories:6

Property Features

View from the Property:
  • Garden
Waterfront:No
Swimming Pool Features:
  • Community
  • None
  • Association
Security:
  • Door Man
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Washer
  • Electric Range
  • Washer/dryer
Interior Features:
  • Living/dining Room
  • High Ceilings
  • Split Bedrooms
  • Closet Cabinetry
  • Built-in Features
  • Tub Shower
Window Features:
  • Impact Glass
  • Plantation Shutters
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$21,057

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$2,316
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
Subdivision Name:THREE EIGHTY NINE CORP LE
Community Features:
  • Non-gated
  • Pool
Association Fee Includes:
  • Trash
  • Cable Tv
  • Association Management
  • Hvac
Complex Name:THREE EIGHTY NINE CORP LE
Senior Community:No
Restrictions: Association Approval Required

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • Covered
  • Assigned

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
  • Electricity Available
  • Sewer Available

More Details

Other Information:
Total Weight Limit of Pet: 20
Housing Older Persons Act: No HOPA
Data exchange original Listing Number: RX-10927290
Type of Governing Bodies: Co-Op

Zoning and Legal

Tax Legal Description:THREE EIGHTY NINE CORP LESSEE APT 1-D
Real Estate Folio Number (Parcel Number):50434327630001040
Zoning Description:R-D(2)

Listing History

Update/EventDate/Days
Published Date:October 13, 2023 10:18 am
On Market Date:October 13, 2023
Listing Contract Date:October 13, 2023
Contingent Date:March 18, 2024
Close Date:May 28, 2024
Last Important Update Description:Closed
Date and Time of Last Important Update:May 28, 2024 11:21 am
Status Last Changed:May 28, 2024 12:00 am
Photos Last Modified:October 13, 2023 3:50 pm
Last Modified:May 28, 2024 4:32 pm
Days on the Market Reference Date:May 28, 2024
Days on the Market (updated on Last Modified*):157
Cumulative Days on the Market (updated on Last Modified**):157

Additional Information

Lot Size Range:,
Unit Location:1
Number of Photos Count:35
Geographical Area:Palm Beach 5001; 5002; 5003; 5004
Area:5002
Ref ID:1046200659
Automated Valuation Display:Yes
Courtesy of:The Corcoran Group
Universal Property Id:US-12099-N-50434327630001040-R-N

Location

Show Property Address:Yes
Street Name:Lake Drive
Street Number:389
Street Direction Prefix:S
Street Address:389 S Lake Drive 1d
Unit Number:1d
City : Palm Beach
State : Florida
Zip Code : 33480
County : Palm Beach County
Full Address:389 S Lake Drive 1d, Palm Beach, FL 33480
Latitude:N26° 42' 7.4''
Longitude:W81° 57' 25.5''

Neighborhood

Postal City:Palm Beach

Property Map

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