Condo in 315 S Lake Drive Ph C, Palm Beach, FL 33480 for sale with MLS# R11124809

Welcome to this stunning, fully renovated, highly desirable penthouse apartment, designed by the renowned Hive Design Group. The Southlake is a small luxury, boutique building located in the most sought after location- the center of Palm Beach. With high ceilings and an abundance of natural light, this apartment opens to an expansive, private terrace facing south and west. Meticulously maintained, pristine kitchen, spacious grand living - dining area with a library that could be converted to a third bedroom. There is also a dedicated office space, laundry room and the building allows pets. This convenient location puts you a few blocks from Worth Avenue, The Society of Four Arts, the beach, town docks, and the Lake Trail.

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315 S Lake Drive Ph C, Palm Beach, FL 33480

Price
Price:
$10,000,000.00
Original List Price:
$10,500,000.00
List Price per Sq Ft (Calculated, Approx.):
$3,881.7
More Listings Same Building:
Southlake in 315 Lake Drive Palm Beach
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
May 21, 2026 2:54 pm
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
3
Full Bath:
2
Half Bath:
1
Room Type:
Laundry, Den, Kitchen, Living Room, Master Bedroom, Convertible Bedroom
Rooms Total:
6
Master Bedroom Bath:
Master Bdrm - Sitting, None
Dining Area:
Dining/Living Room
Measures
Living Area:
2,705 Sqft
Built-Up Area:
2,705 Sqft
Building Area Source:
Public Records
Property Features
View from the Property:
Intracoastal
Waterfront:
Yes
Waterfront Features:
Intracoastal
Security:
Smoke Detector(s), Security System, Lobby - Attended
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Ice Maker, Free-Standing Freezer
Interior:
Walk-In Closet(s), Closet Cabinetry, Entrance Foyer, Built-in Features
Exterior:
Balcony
Patio and Porch:
Patio, Patio - Open
Windows:
Blinds
Laundry:
Inside
Fireplace:
Decorative
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
North
Unit Description:
Penthouse
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Complete
Construction
Year Built:
1969
Roof:
Other
Architectural Style:
Traditional
Levels:
Two
Construction Materials:
CBS
Flooring:
Carpet, Wood, Marble, Ceramic Tile
Number of stories:
6
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$101,226.00
Tax Year:
2024
Association Fee:
$21,143.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Garage, Covered
Utilities
Utilities Available:
Cable Available
Community
Association
Application Information:
Personal Interview Required
Association Type:
Condominium
Pets Allowed?:
Yes, There is a limit on the number of pets allowed
Amenities Provided by the Homeowner's Association (HOA):
Pool, Trash Chute, Elevator(s), Manager On Site
Subdivision Name:
SOUTHLAKE CONDOMINIUM
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Cable Tv, Pest Control, Common Areas, Insurance
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
SOUTHLAKE CONDOMINIUM PH APT C
Real Estate Folio Number (Parcel Number):
50434322170060030
Zoning:
R-D(2)
Listing History
Active on the market since:
September 17, 2025
Listing Agreement executed on:
September 17, 2025
Price change occurred on:
May 21, 2026 2:54 pm
Listing Status Last Changed On:
September 17, 2025 9:25 pm
Photos updated on:
September 19, 2025 4:35 pm
Last Modified:
May 31, 2026 3:03 am
Additional Information
Courtesy of:
Sotheby's Intl. Realty, Inc.
Attribution:
Not provided
Location
Street Name:
Lake
Street Number:
315
Unit Number:
Ph C
City:
Palm Beach
State:
Florida
Zip Code:
33480
County:
Palm Beach
Latitude:
N26° 42' 17.9''
Longitude:
W81° 57' 24.5''
Street Suffix:
Drive
Street Direction Prefix:
S
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $151,121
Median Home Value $1,218,500
Median Rent $1,840/mo
Median Age 69
Population 10,901

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This listing can also be located in the MLS system as RX-11124809
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.