28 photos
SoldCondominium

389 S Lake Drive 2h, Palm Beach, FL 33480

Palm Beach, FL, 33480

$1,650,000

Listing courtesy of Brown Harris Stevens of PB

2 bd · 2 ba · 1,760 sq ft

312 days on market Updated Aug 17, 2026

2

Bedrooms

2

Bathrooms

1,760

Square feet

1.55 acres

Lot size

1967

Year built

$1,023

$ / sq ft

About 389 S Lake Drive 2h, Palm Beach, FL 33480

OUTSTANDING opportunity to live in one of the most sought-after locations in the heart of Palm Beach. This well-maintained and exceptionally managed building is just one block from Worth Avenue next to the Intracoastal Waterway, lake trail, the Australian Docks & Lake Drive Park. A full-service, pet-friendly building designed by the noted architect, Howard Chilton. During the past 6 years, this building has been fully renovated to Miami-Dade Hurricane Code standards. This spacious & gracious end-unit apartment offers a split floor plan with double primary bedrooms. The large, enclosed light & bright lanai & primary bedroom overlook the pool, garden & Intracoastal Waterway. This apartment features new impact doors & windows throughout & new porcelain stone tile floors. This building features a full-time manager, a 24-hour doorperson & is located just minutes from luxury shopping, theatre, museums & the Palm Beach International Airport. Palm Beach is one of the most exclusive destinations in the world with sun-drenched sands, swaying palms & a glorious blue ocean. Worth Avenue was voted one of the top three "Most Iconic" streets in America. Reflecting the lifestyle of Palm Beach & stretching 4 blocks from Lake Worth to the Atlantic Ocean, Worth Avenue includes a myriad of upscale shops, boutiques, restaurants & art galleries. The Raymond F. Kravis Center for the Performing Arts is just minutes away. Do not miss the opportunity to be enchanted by Palm Beach's balmy weather & tropical environment while enjoying your beautiful apartment & gracious living.

Property

Property Type

Condominium

Status

sold

Price

$1650000

Interior

Bedrooms

2

Bathrooms

2

Square Feet

1760 sq ft

Exterior & Lot

Lot Size

1.55 acres

Year Built

1967

Finance & HOA

Price / sq ft

$1023

Original List Price

$1800000

Property Details

Property

ZoningR-D(2)
Close dateApr 16, 2026
On marketDec 18, 2025
Property typeResidential
Off market dateMar 8, 2026
Home typeCondominium
Living area1,760 sq ft
New constructionNo
Property conditionResale
Building area sourceOther
List dateDec 14, 2025
Purchase contract dateMar 8, 2026
Contract status change dateApr 20, 2026
Contingencies_co_contingenciesNone

Interior

CoolingCeiling Fan(s), Central Individual
HeatingElectric, Central Individual
FlooringCarpet, Ceramic Tile
CoolingYes
FurnishedUnfurnished
HeatingYes
AppliancesElectric Water Heater, Cooktop, Disposal, Dishwasher, Ice Maker, Microwave, Oven, Refrigerator, Water Heater
Rooms6
Pets allowedYes, Pet Restrictions Possible
Stories6
Window featuresBlinds
LaundryWasher Hookup, Dryer Hookup
Interior featuresBuilt-in Features, Entrance Foyer, Pantry, Walk-In Closet(s), Bedroom Layout - Split, Closet Cabinetry, Storage
SecurityClosed Circuit Camera(s), Smoke Detector(s), Security Fence, Security Lights, Security System, Lobby - Attended
Accessibility featuresAccessible Entrance, Accessible Elevator Installed, Customized Wheelchair Accessible

Exterior & Lot

RoofTar/Gravel
ViewGarden, Pool, Intracoastal
FencingFenced
Lot size area67570
Garage spaces0
Lot size (acres)1.55
WaterfrontYes
Covered spaces0
Private poolNo
ParkingAssigned, Guest, Open
Exterior featuresBalcony
Architectural styleColonial
Waterfront featuresIntracoastal
ConstructionConcrete, Stucco, Hollow Tile

Finance, Tax & HOA

Tax year2025
ElectricThree Phase
PossessionClose Of Escrow
HOAYes
HOA fee$2,587.46
Buyer financingCash
Annual taxes$32,232
Original list price$1,800,000
Tax legal descriptionTHREE EIGHTY NINE CORP LESSEE APT 2-H
Association amenitiesElevator(s), Laundry, Parking, Pool, Storage, Manager On Site, Trash Chute, Bike Storage, Library, Street Lights
HOA fee includesCable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water, Common Areas, Common Real Estate Tax, Elevator
HOA frequencyMonthly

Price & status history

Status: SoldApr 21, 2026
Last change (Status change)Apr 21, 2026

Utilities & Green

SewerPublic Sewer
UtilitiesCable Available, Sewer Available, Water Available
WaterPublic

Location

DirectionsOkeechobee Blvd. to Royal Palm Way, south on S. Lake Dr., building on the left, corner of S. Lake Dr. and Peruvian.
High schoolForest Hill
MLS area5002
MLS sub-areaPB30
SubdivisionTHREE EIGHTY NINE CORP LESSEE
Elementary schoolPalm Beach Public

Additional Information

Listing termsCash, Conventional
Parcel number50434327630002080
Approval statusYes
Direction facesSouthwest
Main level bedrooms2
Senior communityNo
Delayed marketingNo
Main level bathrooms3
Restrictions_co_restrictionsBuyer Approval Required, Limited # Vehicles, Lease Restrictions

Tours & Media

Virtual tours

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Frequently asked questions

How many bedrooms does this home have?+

This home has 2 bedrooms.

How many bathrooms does this home have?+

This home has 2 bathrooms.

How big is this home?+

This home offers about 1,760 square feet of living space.

How much does this home cost?+

This home is listed at $1650000.

What type of property is this?+

This is a condominium listing.

When was this home built?+

This home was built in 1967.

How large is the lot?+

The lot size is 1.55 acres.

Where is this home located?+

This home is located in Palm Beach, FL.

Contact about this property

L

Lily

Mutti Real Estate

FL Lic. #3214903

Listing office contact: 561-659-6400

MLS# R11148814 · Last updated Aug 17, 2026