Condo in 389 S Lake Drive Pha, Palm Beach, FL 33480 for sale with MLS# R11170010
Relish one of the best water views in all of Palm Beach from this spacious penthouse with over 1,300 sf of wrap around terraces, perfect for outdoor entertaining and enjoyment with views up and down the Intracoastal. Located on the Intracoastal waterway overlooking the Peruvian town docks. The apartment has a spacious open floor plan for living room, dining area and kitchen, with split bedrooms, with each room overlooking the Intracoastal. An added bonus is a one-bedroom guest apartment downstairs on the ground floor. One covered parking with additional outdoor parking. Pet friendly. Excellent full-service building with 24 hr. doorperson, heated pool and only steps to world class shopping on Worth Avenue, restaurants and the beach.
389 S Lake Drive Pha, Palm Beach, FL 33480
Price
- Price:
- $7,950,000.00
- Original List Price:
- $7,950,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $2,382.37
- 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 6, 2026 7:29 pm
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 3
- Full Bath:
- 2
- Half Bath:
- 1
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- Combo Tub/shower
- Dining Area:
- Dining/Living Room
Measures
- Living Area:
- 2,100 Sqft
- Built-Up Area:
- 3,337 Sqft
- Lot Area:
- 67,518 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Owner
Property Features
- View from the Property:
- Intracoastal
- Waterfront:
- Yes
- Waterfront Features:
- Intracoastal
- Security:
- Fire Sprinkler System, Security System, Closed Circuit Camera(s), Security System Owned, Lobby - Attended
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Ice Maker, Free-Standing Freezer
- Interior:
- Pantry, Walk-In Closet(s), Kitchen Island, Entrance Foyer, Bar, Storage, Bedroom Layout - Split
- Exterior:
- Balcony
- Windows:
- Sliding
- Air Conditioning
- Air Conditioning System:
- Central Individual
- Heating
- Heating System:
- Central Individual
- Property Entrance Faces:
- West
- Unit Description:
- Corner/end Unit, Exterior Catwalk, Penthouse
- Balcony Details:
- Balcony - Covered, Balcony - Wrap Around
- Storm Protection Impact Glass:
- Complete
- Sprinkler Description:
- Auto Sprinkler
Construction
- Year Built:
- 1967
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Marble, Ceramic Tile
- Number of stories:
- 6
- Structure Type:
- Multi Family
- Stories:
- 1
- Road Frontage Type:
- East of US-1
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $58,240.7
- Tax Year:
- 2025
- Association Fee:
- $3,960.5
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- City/County
Parking
- Parking Total Spaces:
- 1
- Garage Spaces:
- 0
- Carport Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Assigned, Guest, Detached Carport, Carport
- Carport
Utilities
- Sewer:
- Public Sewer
- 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?:
- Size Limit (There are size restrictions on allowed pets), Yes, There is a limit on the number of pets allowed, Pet Restrictions Possible
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Community Room, Trash Chute, Bike Storage, Laundry, Management, Storage, Elevator(s), Parking, Manager On Site, Street Lights, Internet Included, Lobby
- 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
- Association Minimum Credit Score:
- 650
- Association Requires a Minimum Credit Score
- Restrictions:
- Buyer Approval Required, Lease Restrictions
- Minimum Days per Lease:
- 60
- Other Leasing Restrictions:
- Tenant Approval
Terms
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- THREE EIGHTY NINE CORP LESSEE PENTHOUSE A
- Real Estate Folio Number (Parcel Number):
- 50434327630006010
- Zoning:
- R-D(2)
Public Schools Assigned
- Elementary School:
- Combee Elem
- High School:
- Forest Hill
- Middle Or Junior School:
- Conniston Community
Listing History
- Active on the market since:
- March 9, 2026
- Listing Agreement executed on:
- March 5, 2026
- Purchase Contract Date:
- April 6, 2026
- Listing Status Last Changed On:
- April 6, 2026 7:29 pm
- Photos updated on:
- March 13, 2026 1:41 pm
- Last Modified:
- April 6, 2026 7:29 pm
Additional Information
- Courtesy of:
- Brown Harris Stevens of PB
- Attribution:
- Not provided
Location
- Street Name:
- Lake
- Street Number:
- 389
- Unit Number:
- Pha
- 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 Pha, Palm Beach, FL 33480
This listing can also be located in the MLS system as RX-11170010
