Condo in 389 S Lake Drive 2h, Palm Beach, FL 33480 for sale with MLS# R11148814

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 6 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 primary bedrooms. The large, enclosed light & bright lanai & primary bedroom overlook the pool, garden & Intracoastal Waterway. This apartment features new impact doors & windows throughout & new porcelain stone tile floors. This building features a full-time manager, a 24-hour doorperson & is located just minutes from luxury shopping, theatre, museums & the Palm Beach International Airport. Palm Beach is one of the most exclusive destinations in the world with sun-drenched sands, swaying palms & a glorious blue ocean. Worth Avenue was voted one of the top three "Most Iconic" streets in America. Reflecting the lifestyle of Palm Beach & stretching 4 blocks from Lake Worth to the Atlantic Ocean, Worth Avenue includes a myriad of upscale shops, boutiques, restaurants & art galleries. The Raymond F. Kravis Center for the Performing Arts is just minutes away. Do not miss the opportunity to be enchanted by Palm Beach's balmy weather & tropical environment while enjoying your beautiful apartment & gracious living.

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Days on the market

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

Price
Price:
$1,800,000.00
Original List Price:
$1,800,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,022.72
More Listings Same Building:
Three Eighty Nine in 389 Lake Drive Palm Beach
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Contingency:
Pending
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
April 8, 2026 7:27 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Florida Room, Great Room, Bedroom 2, Kitchen, Living Room, Master Bedroom
Rooms Total:
6
Master Bedroom Bath:
2 Master Baths, 2 Master Suites, Separate Shower, Combo Tub/shower
Dining Area:
Eat-in Kitchen, Dining/Living Room
Measures
Living Area:
1,760 Sqft
Built-Up Area:
1,760 Sqft
Lot Area:
67,518 Sqft
Building Area Source:
Other
Lot Size Acres:
1.55
Property Features
View from the Property:
Pool, Garden, Intracoastal
Waterfront:
Yes
Waterfront Features:
Intracoastal
Security:
Smoke Detector(s), Security System, Closed Circuit Camera(s), Security Lights, Security Fence, Lobby - Attended
Furnished:
Unfurnished
Accessibility:
Accessible Elevator Installed, Accessible Entrance, Customized Wheelchair Accessible, Customized Wheelchair Accessible
Appliances:
Dishwasher, Disposal, Microwave, Refrigerator, Cooktop, Electric Water Heater, Ice Maker, Water Heater, Oven
Interior:
Pantry, Walk-In Closet(s), Closet Cabinetry, Entrance Foyer, Built-in Features, Storage, Bedroom Layout - Split
Exterior:
Balcony
Windows:
Blinds
Laundry:
Washer Hookup, Dryer Hookup
Air Conditioning
Air Conditioning System:
Ceiling Fan(s), Central Individual
Heating
Heating System:
Electric, Central Individual
Fence:
Fenced
Property Entrance Faces:
Southwest
Unit Description:
Corner/end Unit
Storm Protection Impact Glass:
Complete
Sprinkler Description:
Zoned Sprinkler
Storm Protection Details:
Storm Shutters
Construction
Year Built:
1967
Roof:
Tar/gravel
Architectural Style:
Colonial
Levels:
Two
Construction Materials:
Stucco, Concrete, Hollow Tile
Flooring:
Carpet, Ceramic Tile
Number of stories:
6
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$32,232.00
Tax Year:
2025
Association Fee:
$2,587.46
Association Fee Frequency:
Monthly
Property Tax Details:
City/County, Homestead Exemption
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Assigned, Guest, Open
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Application Required
Application Fee:
$100.00
Application Information:
Personal Interview Required
Association Type:
Co-op
Pets Allowed?:
Yes, Pet Restrictions Possible
Amenities Provided by the Homeowner's Association (HOA):
Library, Pool, Trash Chute, Bike Storage, Laundry, Storage, Elevator(s), Parking, Manager On Site, Street Lights
Subdivision Name:
THREE EIGHTY NINE CORP LESSEE
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Cable Tv, Pest Control, Security, Maintenance Structure, Common Areas, Insurance, Elevator, Common Real Estate Tax
Senior Community:
No
Restrictions:
Buyer Approval Required, Lease Restrictions, Limited # Vehicles
Other Leasing Restrictions:
Tenant Approval, Leasing Prohibited 1st 2 Years
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
THREE EIGHTY NINE CORP LESSEE APT 2-H
Real Estate Folio Number (Parcel Number):
50434327630002080
Zoning:
R-D(2)
Public Schools Assigned
Elementary School:
Harmony Community School (k-5)
High School:
Forest Hill
Listing History
Active on the market since:
December 19, 2025
Listing Agreement executed on:
December 15, 2025
Purchase Contract Date:
March 9, 2026
Listing Status Last Changed On:
April 8, 2026 7:27 pm
Photos updated on:
January 16, 2026 5:09 pm
Last Modified:
April 8, 2026 7:28 pm
Additional Information
Courtesy of:
Brown Harris Stevens of PB
Attribution:
Not provided
Location
Street Name:
Lake
Street Number:
389
Unit Number:
2h
City:
Palm Beach
State:
Florida
Zip Code:
33480
County:
Palm Beach
Latitude:
N26° 42' 7.4''
Longitude:
W81° 57' 25.5''
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-11148814
Association of REALTORS®
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