Condo in 381 S Lake Drive 16, Palm Beach, FL 33480 for sale with MLS# R11158137

Lovely Nassau Square, very charming in town building close to shops and restaurants. Pet friendly with board approval. Only 16 units in the building and only 2 stories. The unit faces east and south on the second floor, off street parking, one block from Worth Avenue.

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381 S Lake Drive 16, Palm Beach, FL 33480

Price
Price:
$1,260,000.00
Original List Price:
$1,325,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,526.49
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:
April 13, 2026 7:38 pm
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Kitchen, Living Room, Master Bedroom
Rooms Total:
3
Measures
Living Area:
868 Sqft
Built-Up Area:
868 Sqft
Lot Area:
18,730.80 Sqft
Building Area Source:
Public Records
Lot Size Acres:
0.43
Property Features
View from the Property:
Garden
Waterfront:
Yes
Waterfront Features:
Intracoastal
Security:
Smoke Detector(s)
Furnished:
Unfurnished
Appliances:
Dishwasher, Disposal, Refrigerator, Electric Range
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
Southeast
Construction
Year Built:
1949
Levels:
Two
Construction Materials:
CBS
Flooring:
Wood, Other
Number of stories:
2
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$5,527.91
Tax Year:
2025
Association Fee:
$1,088.62
Association Fee Frequency:
Monthly
Property Tax Details:
City/County, Homestead Exemption
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
On Street
Utilities
Electric:
Three Phase
Community
Association
Association Membership:
Mandatory
Association Type:
Co-op
Subdivision Name:
NASSAU SQUARE APTS INC
Senior Community:
No
Restrictions:
Buyer Approval Required
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
NASSAU SQUARE APTS INC APT 16
Real Estate Folio Number (Parcel Number):
50434327660000160
Zoning:
R-D(2)
Listing History
Active on the market since:
January 27, 2026
Listing Agreement executed on:
January 23, 2026
Price change occurred on:
April 13, 2026 7:38 pm
Listing Status Last Changed On:
January 27, 2026 2:14 pm
Photos updated on:
January 27, 2026 2:17 pm
Last Modified:
May 31, 2026 8:08 am
Additional Information
Courtesy of:
Brown Harris Stevens of PB
Attribution:
Not provided
Location
Street Name:
Lake
Street Number:
381
Unit Number:
16
City:
Palm Beach
State:
Florida
Zip Code:
33480
County:
Palm Beach
Latitude:
N26° 42' 8.7''
Longitude:
W81° 57' 23.9''
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-11158137
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.