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389 Lake Drive Palm Beach FL 33480

$7,950,000
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389 Lake Drive, Palm Beach, FL 33480 - MLS#R11170010 389 Lake Drive, Palm Beach, FL 33480 - MLS#R11170010 389 Lake Drive, Palm Beach, FL 33480 - MLS#R11170010 389 Lake Drive, Palm Beach, FL 33480 - MLS#R11170010

Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
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Overview of 389 S Lake Drive Pha, Palm Beach, Fl 33480

2 Bedrooms
2/1 Bathrooms
0 Car Garage
3,337 Square Feet
1,917SF Living Area
Pool:
No
Ocean Access
Year Built 1967
Listed For 6 Days

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.

This luxury condo was built in 1967 and features 2 bedrooms, and 2 full bathrooms plus 1 half bath. This condo for sale is 3,337 square feet, with 1,917 sq ft being air conditioned living space. The condo does not have a private swimming pool, although there is a community pool in the complex for use by residents.

Directions to this property are as follows: On Corner Of S Lake Dr. And Peruvian Ave.

Please contact your ZFC agent for more information about MLS# RX-11170010 or any other condos for sale in Palm Beach or elsewhere in the Palm Beach County area.

Features & Amenities

Appliances

Dryer, Dishwasher, Electric Range, Free Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer

Cooling

Central Air

Heating

Central, Individual

Flooring

Ceramic Tile, Marble

Parking

Assigned, Detached Carport, Guest

Lot Size

67518

View

Intercoastal view

Construction Materials

Block

Security Features

Security System Owned, Security System, Closed Circuit Cameras, Fire Sprinkler System, Lobby Secured

Interior Features

Entrance Foyer, Living Dining Room, Pantry, Split Bedrooms, Storage, Tub Shower, Bar, Walk In Closets

Furnished

Unfurnished

Exterior Features

Balcony, Outdoor Living Area

Lot Features

One To Two Acres, Sprinklers Automatic

Property Condition

Resale

Patio And Porch Features

Covered, Wrap Around, Balcony

Pool Features

Association

Window Features

Sliding

Utilities

Cable Available, Sewer Available, Water Available

Waterfront Features

Intracoastal Access

Zoning

R-D(2)

Year Built

1967

Pets Allowed

Number Limit, Pet Restrictions, Size Limit, Yes

Annual Real Estate Taxes

$58,241 (2025)

Legal Description

Three Eighty Nine Corp Lessee Penthouse A

Property Type

Condominium

HOA Fees

$3,961 /Monthly

Association Fee Includes

Common Areas, Cable Tv, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Security, Trash, Water, Internet

Association Amenities

Bike Storage, Clubhouse, Laundry, Pool, Parking, Storage, Trash, Elevators

Community Features

Property Manager On Site, Street Lights

Direction Faces

West

MLS Number

RX-11170010

Universal Property Id

U S-12099-N-50434327630006010-R-N

Days On Market

6

Community Name

Three Eighty Nine Corp Lessee

389 Lake Dr Price Calculator

Get Mortgage Quote For This Condo

The payment calculator figures for 389 S Lake Drive Pha, Palm Beach, Fl 33480 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this condo for sale are estimated based on the actual property taxes for this property for the tax year 2025 which are $58,241 but will likely change when this condo sells. These estimations are calculated from a list price of $7,950,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the condo characteristics and location.

Recent Condo Sales near 389 Lake Dr

Address Sale Price Bed Bth Size Location Sale Date
389 S Lake Drive 4c, Palm Beach, FL 33480 $Log in to view 2 2/0 2,221SF Three Eighty Nine Corp Lessee 06/30/2025
389 S Lake Drive 2f, Palm Beach, FL 33480 $Log in to view 2 2/0 1,703SF Three Eighty Nine Corp Lessee 08/01/2025
3440 S Ocean Boulevard 108n, Palm Beach, FL 33480 $Log in to view 2 2/0 3,050SF Halcyon 05/07/2025
3170 S Ocean Boulevard S304, Palm Beach, FL 33480 $Log in to view 2 2/0 2,840SF Enclave 03/17/2025
2100 S Ocean Boulevard 602s, Palm Beach, FL 33480 $Log in to view 2 2/1 2,747SF Sloans Curve 01/21/2026
3100 S Ocean Boulevard 404n, Palm Beach, FL 33480 $Log in to view 2 2/1 2,566SF Palm Beach Hampton Condo 12/24/2025
369 S Lake Drive 1c, Palm Beach, FL 33480 $Log in to view 2 2/0 2,538SF Parc Place 03/26/2025
3456 S Ocean Boulevard 801, Palm Beach, FL 33480 $Log in to view 3 2/0 3,604SF The Claridges 09/12/2025
3300 S Ocean Boulevard 508s, Palm Beach, FL 33480 $Log in to view 3 2/1 3,000SF Meridian 03/25/2025
3600 S Ocean Boulevard 303, South Palm Beach, FL 33480 $Log in to view 3 2/1 2,882SF Thirty Six Hundred Ocean Condo 04/21/2025
2275 S Ocean Boulevard 304s, Palm Beach, FL 33480 $Log in to view 3 2/1 2,760SF The Reef 06/10/2025
2000 S Ocean Boulevard 104s, Palm Beach, FL 33480 $Log in to view 3 3/1 3,990SF Sloans Curve 10/01/2025

MLS# RX-11170010 Listing History

03/05/2026 Listed for sale by Brown Harris Stevens of PB with MLS# RX-11170010 with a list price of $7,950,000.

Palm Beach County Schools

Middle School

This listing of 389 Lake Dr Palm Beach FL 33480 was last updated on 2026-03-10 02:58:37. Listing courtesy of Brown Harris Stevens of PB.
MLS

Map of 389 Lake Dr Palm Beach FL 33480

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Zev Freidus Broker / President
Zev Freidus
Broker / President
561-235-2161
Call Me
Text Me
Email Me
When clicking Submit Request, you are registering to this website and agreeing that ZFC Real Estate, its affiliates or associated third parties may contact you, including with calls or texts by automated means. You also agree to our Terms of Use and Privacy Policy

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