Home » Palm Beach » 389 S Lake Drive 2g, Palm Beach, FL 33480 | R11021725/RX-11021725

389 S Lake Drive 2g, Palm Beach, FL 33480 | For Sale

$3,750,000

Property Highlights

Listing ID R11021725/RX-11021725 Status of this Listing: Active For Sale Property Type Residential Co-Op Stock Cooperative 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,680 Sqft/156.08 m2 approx. Building Area 1,680 Sqft/156.08 m2 approx. COMMUNITY POOL Year Built 1967 Waterfront Time of this property on Rebonus 3 Day(s)
37 Photos of this Property

389 S Lake Drive 2g, Palm Beach, FL 33480

Property Description: A state-of-the-art and ultra elegant residence in the heart of Midtown overlooking the Intracoastal Waterway.This light-filled and spacious apartment has just been completely renovated using only the finest materials. The apartment boasts raised ceilings, hand scraped oak floors, Baldwin hardware, low -voltage Element recessed lighting, and custom fabricated built-in closets and cabinets throughout. The dining and living areas combine to create a generous family room that opens to an enclosed loggia offering floor-to-ceiling impact doors and views of the idyllic resort-like pool area.The generous kitchen features custom cabinetry, quartz countertops and floors, Subzero refrigerator, Miele dishwasher, a Miele induction cook top with a Bosch slide-out hood, Miele double ovens and Marvel

Useful Info

Original List Price:$3,750,000

Construction

Year Built Details:
  • Resale
Property Condition:
  • Resale
Entry Level (floor):2
Construction Materials:
  • Block
Flooring:
  • Wood
  • Other
  • Marble
Number of stories:6

Property Features

Waterfront:Yes
Waterfront Features:
  • Intracoastal Access
Swimming Pool Features:
  • Community
  • None
  • Association
Security:
  • Smoke Detector(s)
  • Fire Sprinkler System
  • Door Man
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Ice Maker
  • Washer/dryer
Interior Features:
  • Living/dining Room
  • Split Bedrooms
  • Closet Cabinetry
  • Entrance Foyer
  • Built-in Features
  • Elevator
  • Separate Shower
  • Bidet
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$18,636

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:$2,640
Association Fee Frequency:
  • Monthly

Terms

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

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Clubhouse
  • Management
  • Elevator(s)
  • Fitness Center
Subdivision Name:THREE EIGHTY NINE CORP LE
Community Features:
  • Non-gated
  • Pool
  • Property Manager On-site
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Insurance
  • Parking
Complex Name:THREE EIGHTY NINE CORP LE
Senior Community:No
Restrictions: Association Approval Required

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Two Or More Spaces
  • Covered
  • Open

Utilities

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

More Details

Other Information:
Total Weight Limit of Pet: 25
Housing Older Persons Act: No HOPA
Data exchange original Listing Number: RX-11021725
Type of Governing Bodies: Co-Op
Maximum number of pets: 1

Zoning and Legal

Tax Legal Description:THREE EIGHTY NINE CORP LESSEE APT 2-G
Real Estate Folio Number (Parcel Number):50434327630002070
Zoning Description:R-D(2)

Listing History

Update/EventDate/Days
Published Date:September 17, 2024 2:57 pm
On Market Date:September 17, 2024
Listing Contract Date:September 17, 2024
Last Important Update Description:New Listing
Date and Time of Last Important Update:September 17, 2024 3:05 pm
Status Last Changed:September 17, 2024 12:00 am
Photos Last Modified:September 17, 2024 8:33 pm
Last Modified:September 18, 2024 1:52 am
Days on the Market Reference Date:September 18, 2024
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):0

Additional Information

Lot Size Range:, 1+ To 2 Acres
Unit Location:2
Number of Photos Count:37
Geographical Area:Palm Beach 5001; 5002; 5003; 5004
Area:5002
Ref ID:1086873024
Automated Valuation Display:Yes
Courtesy of:Douglas Elliman
Universal Property Id:US-12099-N-50434327630002070-R-N

Location

Show Property Address:Yes
Street Name:Lake Drive
Street Number:389
Street Direction Prefix:S
Street Address:389 S Lake Drive 2g
Unit Number:2g
City : Palm Beach
State : Florida
Zip Code : 33480
County : Palm Beach
Full Address:389 S Lake Drive 2g, Palm Beach, FL 33480
Latitude:N26° 42' 7.3''
Longitude:W81° 57' 25.5''

Neighborhood

Postal City:Palm Beach

Property Map

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