Home » Palm Beach » 389 S Lake Drive 2h, Palm Beach, FL 33480 | R11030664/RX-11030664

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

$2,400,000

Property Highlights

Listing ID R11030664/RX-11030664 Status of this Listing: Active For Sale Property Type Residential Co-Op Stock Cooperative 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,577 Sqft/146.51 m2 approx. Building Area 1,577 Sqft/146.51 m2 approx. COMMUNITY POOL Year Built 1967 Time of this property on Rebonus 45 Day(s)

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

Property Description: OUTSTANDING opportunity to live in one of the most sought-after locations in the heart of Palm Beach. This well-maintained and exceptionally managed building is just one block from Worth Avenue next to the Intracoastal Waterway, lake trail, the Australian Docks & Lake Drive Park. A full-service, pet-friendly building designed by the noted architect, Howard Chilton. During the past 5 years, this building has been fully renovated to Miami-Dade Hurricane Code standards. This spacious & gracious end-unit apartment offers a split floor plan with double master bedrooms. The large enclosed light & bright lanai & master bedroom overlook the pool, garden & Intracoastal Waterway. This building features a full-time manager, a 24-hour doorperson & is located just minutes from luxury shopping,

Useful Info

Original List Price:$2,400,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Property Condition:
  • Resale
Levels:Three Or More
Entry Level (floor):2
Construction Materials:
  • Block
  • Metal Frame
Flooring:
  • Carpet
  • Tile
  • Marble
Number of stories:6
Number of Units in the Community or Building:41

Property Features

View from the Property:
  • Pool
  • Garden
  • Intercoastal
Waterfront:No
Waterfront Features:
  • Intracoastal Access
Swimming Pool Features:
  • Community
  • None
  • Association
Security:
  • Smoke Detector(s)
  • Door Man
  • Closed Circuit Camera(s)
  • Security Lights
Furnished:
  • Unfurnished
Appliances:
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Cooktop
  • Built-in Oven
  • Electric Water Heater
  • Ice Maker
Interior Features:
  • Eat-in Kitchen
  • Living/dining Room
  • Pantry
  • Split Bedrooms
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Entrance Foyer
  • Built-in Features
  • Separate Shower
  • Tub Shower
Exterior Features:
  • Fence
Roof:
  • Tar/gravel
Window Features:
  • Blinds
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
Heating:Yes
Heating System:
  • Central
  • Electric
Fence:
  • Wall

Taxes and Expenses

Tax Annual Amount:$3,553

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:2024
Association Fee:$2,688
Association Fee Frequency:
  • Monthly

Terms

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

Community

Pets Allowed?:Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Library
  • Pool
  • Bike Storage
  • Trash
  • Management
  • Storage
  • Elevator(s)
  • Fitness Center
Subdivision Name:THREE EIGHTY NINE CORP LE
Community Features:
  • Non-gated
  • Street Lights
  • Pool
  • Property Manager On-site
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Insurance
  • Parking
  • Reserve Fund
  • Legal/accounting
  • Laundry
Complex Name:THREE EIGHTY NINE CORP LE
Senior Community:No
Restrictions: Association Approval Required, Limited Number of Vehicles,Ok To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Assigned
  • Guest
  • Open

Utilities

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

More Details

Other Information:
Housing Older Persons ActNo HOPA
Data exchange original Listing NumberRX-11030664
Type of Governing BodiesCo-Op
Ref1090445688
Total Weight Limit of Pet25
Maximum number of pets1

Zoning and Legal

Tax Legal Description:THREE EIGHTY NINE CORP LESSEE APT 2-H
Real Estate Folio Number (Parcel Number):50434327630002080
Zoning Description:R-D(2)

Listing History

Update/EventDate/Days
Published Date:October 22, 2024 3:33 pm
On Market Date:October 22, 2024
Listing Contract Date:October 22, 2024
Last Important Update Description:New Listing
Date and Time of Last Important Update:October 22, 2024 3:41 pm
Status Last Changed:October 22, 2024 12:00 am
Photos Last Modified:November 6, 2024 3:05 pm
Last Modified:November 6, 2024 2:42 pm
Days on the Market Reference Date:November 6, 2024
Days on the Market (updated on Last Modified*):15
Cumulative Days on the Market (updated on Last Modified**):15

Additional Information

Lot Size Range:,
Unit Location:2
Number of Photos:24
Location:,
Included:,,
Geographical Area:Palm Beach 5001; 5002; 5003; 5004
Area:5002
Automated Valuation Display:Yes
Courtesy of:Brown Harris Stevens of PB
Universal Property Id:US-12099-N-50434327630002080-R-N

Location

Show Property Address:Yes
Street Name:Lake Drive
Street Number:389
Street Direction Prefix:S
Street Address:389 S Lake Drive 2h
Unit Number:2h
City : Palm Beach
State : Florida
Zip Code : 33480
County : Palm Beach
Full Address:389 S Lake Drive 2h, 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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