Condo in 389 S Lake Drive 3h, Palm Beach, FL 33480 with MLS# R11159980
BEST IN TOWN VALUE! Renovated to perfection, no cost spared. Full impact doors and windows, new kitchen with Carrara marble counters, new baths, and beautiful wide-plank wood floors throughout the main rooms. Views of the Intracoastal, Town Docks, and the building swimming pool. Conveniently located one street north of Worth Avenue on the corner of Peruvian Avenue and the Town Docks. The 389 Building is professionally managed with a full-time doorman and off-street parking. The building has undergone extensive quality enhancements, resulting in a new, more modern facade.
389 S Lake Drive 3h, Palm Beach, FL 33480
Price
- Price:
- $2,500,000.00
- Original List Price:
- $3,450,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,420.45
- Close Price:
- $1,900,000.00
- Transaction closed on:
- April 16, 2026
- More Listings Same Building:
- Three Eighty Nine in 389 Lake Drive Palm Beach
Property Status and Type
- Listing Type:
- Sold
- Status:
- Closed
- Contingency:
- Active Under Contract
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- April 16, 2026 6:26 pm
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Bedroom 2, Kitchen, Living Room, Master Bedroom
- Master Bedroom Bath:
- Combo Tub/shower
- Dining Area:
- Dining/Living Room
Measures
- Living Area:
- 1,760 Sqft
- Built-Up Area:
- 1,760 Sqft
- Lot Area:
- 67,518 Sqft
- Building Area Source:
- Plans
- Lot Size Acres:
- 1.55
Property Features
- View from the Property:
- Pool, Intracoastal
- Waterfront:
- Yes
- Waterfront Features:
- Intracoastal
- Security:
- Smoke Detector(s), Security System, Security System Owned, Lobby - Attended
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Dishwasher, Microwave, Washer, Electric Range, Electric Water Heater, Ice Maker, Water Heater, Free-Standing Freezer
- Interior:
- Walk-In Closet(s), Entrance Foyer, Bedroom Layout - Split
- Exterior:
- Balcony, Outdoor Shower
- Patio and Porch:
- Porch, Glass Enclosed
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- Southwest
- Unit Description:
- Exterior Catwalk
- Storm Protection Impact Glass:
- Complete
Construction
- Year Built:
- 1967
- Roof:
- Flat
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Wood
- Number of stories:
- 6
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $3,657.34
- Tax Year:
- 2025
- Association Fee:
- $2,587.46
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Homestead Exemption
Parking
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Open
Utilities
- Utilities Available:
- Water Available
- Water Source:
- Public
Community
- Association
- Association Membership:
- Mandatory
- Application Required
- Application Fee:
- $150.00
- Association Type:
- Co-op
- Pets Allowed?:
- Size Limit (There are size restrictions on allowed pets), Yes, Breed Restrictions, There is a limit on the number of pets allowed, Pet Restrictions Possible
- Amenities Provided by the Homeowner's Association (HOA):
- None, Lobby
- Subdivision Name:
- THREE EIGHTY NINE CORP LESSEE
- Association Fee Includes:
- Water, Trash, Cable Tv, Pest Control, Common Areas, Insurance, Elevator
- Senior Community:
- No
- Restrictions:
- Parking Restrictions
- 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 3-H
- Real Estate Folio Number (Parcel Number):
- 50434327630003080
- Zoning:
- R-D(2)
Public Schools Assigned
- Elementary School:
- Sand Pine Elementary-po
- High School:
- Forest Hill
Listing History
- Active on the market since:
- February 2, 2026
- Listing Agreement executed on:
- February 2, 2026
- Purchase Contract Date:
- March 23, 2026
- Price change occurred on:
- February 13, 2026 6:26 pm
- Listing Status Last Changed On:
- April 16, 2026 6:26 pm
- Photos updated on:
- February 6, 2026 8:41 pm
- Last Modified:
- August 17, 2026 3:05 pm
Additional Information
- Courtesy of:
- Brown Harris Stevens of PB
- Attribution:
- Not provided
Location
- Floor Number:
- 3
- Street Name:
- Lake
- Street Number:
- 389
- Unit Number:
- 3h
- 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
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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
Ver la propiedad 389 S Lake Drive 3h, Palm Beach, FL 33480
This listing can also be located in the MLS system as RX-11159980
