$7,980,000
389 S Lake Drive Phb, Palm Beach, FL 33480, Unit Phb
Palm Beach, FL
Three Eighty Nine Corp Lessee
Beds
3 Beds
Baths
3 Baths
Living Area
2,443 Sq Ft
Lot
1.55 acres
Built
1967
Days Listed
19
Price Per Sq Ft
$3,266/sqft
Listed
May 12, 2026
Property Type
Stock Cooperative
About This Property
Absolutely breathtaking panoramic views of the Intracoastal Waterway await from the expansive wraparound terraces of this exceptional penthouse, offering some of the finest vistas in Palm Beach. Rarely available, this elegant 3-bedroom, 3-bath residence lives like a private home and showcases timeless architectural details, including beautiful herringbone wood flooring throughout. Designed for both gracious entertaining and relaxed coastal living, every room opens to idyllic terraces with stunning water views. The handsome wood-paneled den, complete with a full bath and oversized walk-in closet, easily serves as a third bedroom or private office. Additional features include soaring ceilings, a spacious kitchen, impact sliding doors, and a convenient laundry closet. Ideally located at prestigious 389 South Lake, just one street from Worth Avenue, this remarkable residence is within walking distance to world-class shopping, fine dining, and the beach.
Property Snapshot
Property Type
Residential
Sub Type
Stock Cooperative
Stories
6
Total Baths
3
Building Area
3,337 sq ft
Lot Size
67,570 sq ft
Lot Profile
1 To Less Than 2 Acre Lot
Condition
Resale
MLS #
B26027444
Waterfront, Boating & Outdoor
Waterfront
Yes
Waterfront
Intracoastal
View
Water, Intracoastal, Marina
Interior & Construction
Interior Features
Built-in Features, Entrance Foyer, Pantry, Walk-In Closet(s), Bedroom Layout - Split, Storage
Primary Bedroom
Separate Shower, Separate Tub
Rooms
Kitchen, Living Room, Master Bedroom
Appliances
Electric Water Heater, Cooktop, Dryer, Disposal, Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer, Electric Cooktop, Freezer
Flooring
Marble, Wood, Mexican Tile
Construction
CBS
Heating
Central Individual
Cooling
Central Individual
Furnished
Unfurnished
Impact Glass
Complete
Parking, HOA & Rules
Parking Features
Assigned, Covered, Deeded, Guest
Community / Access
Elevator(s), Laundry, Management, Parking, Pool, Manager On Site, Trash Chute, Bike Storage, Community Room, Heated Pool, Lobby, Sidewalks, Street Lights, Security, Maintenance
Association Fee
$10,500 / Quarterly
Pets Allowed
Yes, Dogs OK, Pet Restrictions Possible
Restrictions
Buyer Approval Required, No Smoking
Taxes, Utilities & MLS
Annual Taxes
$55,481
Tax Year
2025
Parcel Number
50434327630006020
Zoning
R-D(2) (city)
County
Palm Beach
MLS Area
5002
Sewer
Public Sewer
Water Source
Public
Utilities
Cable Available, Electricity Available, Sewer Available, Water Connected
Photos
39
Listing courtesy of Brown Harris Stevens of PB
Listing Agent: Ashley Copeland
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the BeachesMLS. Real estate listings held by brokerage firms other than Levin Investments, Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Data provided is deemed reliable but is not guaranteed. All information is subject to change and should be independently verified.