Condo in 389 S Lake Drive 5d, Palm Beach, FL 33480 for sale with MLS# R11149086
Experience the epitome of Palm Beach living at 389 S Lake Drive, an exclusive, full-service boutique building in the heart of Midtown. This light-filled residence is perfectly positioned just one block from world-renowned Worth Avenue, the scenic Lake Trail, and the town docks. Enjoy serene Intracoastal and pool views from your private oasis. The pet-friendly building offers a sophisticated lifestyle with premium amenities, including a professional doorman, heated swimming pool, on-site management, and assigned parking. Many units feature modern renovations, high ceilings, impact glass, and in-unit laundry. Don't miss this rare opportunity to own in one of the Island's most coveted locations
389 S Lake Drive 5d, Palm Beach, FL 33480
Price
- Price:
- $1,500,000.00
- Original List Price:
- $1,500,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,060.82
- 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:
- December 24, 2025 4:23 pm
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Florida Room, Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 4
- Master Bedroom Bath:
- Separate Shower
- Dining Area:
- Dining/Living Room
Measures
- Living Area:
- 1,414 Sqft
- Built-Up Area:
- 1,702 Sqft
- Lot Area:
- 67,518 Sqft
- Building Area Source:
- Public Records
- Lot Size Acres:
- 1.55
Property Features
- View from the Property:
- Lake, City, Intracoastal
- Waterfront:
- Yes
- Waterfront Features:
- Lake Front
- Swimming Pool Features:
- In Ground
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Free-Standing Freezer
- Interior:
- Walk-In Closet(s), Entrance Foyer, Built-in Features, Elevator
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- North
- Unit Description:
- Exterior Catwalk
- Storm Protection Accordian Shutters:
- Complete
Construction
- Year Built:
- 1967
- Levels:
- Two
- Construction Materials:
- Other, Concrete
- Flooring:
- Carpet, Wood
- Number of stories:
- 6
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $6,103.00
- Tax Year:
- 2025
- Association Fee:
- $5,983.59
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- City/County
Parking
- Garage Spaces:
- 0
- Covered Spaces:
- 0
Utilities
- Sewer:
- Public Sewer
- Electric:
- Three Phase
- Utilities Available:
- Cable Available, Sewer Available, Water Available
- Water Source:
- Public
Community
- Association
- Association Membership:
- Mandatory
- Association Deposit Required
- Association Type:
- Co-op
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Elevator(s)
- Subdivision Name:
- THREE EIGHTY NINE CORP LESSEE
- Association Fee Includes:
- Sewer, Water, Trash, Cable Tv, Pest Control, Common Areas, Insurance
- Senior Community:
- No
- Restrictions:
- Buyer Approval Required
Terms
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- THREE EIGHTY NINE CORP LESSEE APT 5-D
- Real Estate Folio Number (Parcel Number):
- 50434327630005040
- Zoning:
- R-D(2)
Listing History
- Active on the market since:
- December 21, 2025
- Listing Agreement executed on:
- December 19, 2025
- Purchase Contract Date:
- December 23, 2025
- Listing Status Last Changed On:
- January 24, 2026 4:11 pm
- Photos updated on:
- December 24, 2025 4:35 pm
- Last Modified:
- February 25, 2026 8:58 am
Additional Information
- Courtesy of:
- Network Property Group, LLC
- Attribution:
- Not provided
Location
- Street Name:
- Lake
- Street Number:
- 389
- Unit Number:
- 5d
- 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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Ver la propiedad 389 S Lake Drive 5d, Palm Beach, FL 33480
This listing can also be located in the MLS system as RX-11149086
