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$7,980,000
180 Days On Site

389 S Lake Drive Phb
Palm Beach, FL 33480

Stock Cooperative|Pending
3
Beds
3
Total Baths
3
Full Baths
2,443
SqFt
$3,266
/SqFt
1967
Built
Subdivision:
THREE EIGHTY NINE CORP LESSEE
County:
Palm Beach
Call Now: 917.584.6451
Is this the listing for you? We can help make it yours.
917.584.6451
389 S Lake Drive Phb389 S Lake Drive Phb389 S Lake Drive Phb389 S Lake Drive Phb
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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.

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Listing Snapshot
Price 
$7,980,000
Days On Site 
180 Days
Bedrooms 
3
Inside Area (SqFt) 
2,443 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
1.55 Acres
Year Built 
1967
MLS Number 
B26027444
Status 
Pending
Property Tax 
$55,480.63
HOA/Condo/Coop Fees 
$3,500 monthly
Sq Ft Source 
Other
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What's This?
Private
Recent Activity
3 days agoListing updated with changes from the MLS
3 days agoStatus changed to Pending
6 months agoListing first seen on site
General Features
Acres 
1.55
Direction Faces 
Southwest
Green Energy Efficient 
Appliances
Land Lease 
Yes
Lease Amount 
$179550.0
Lease Amount Frequency 
Quarterly
Levels 
One
Number Of Stories 
6
Parking 
AssignedCoveredDeededGuest
Parking Spaces 
1
Pets 
Dogs OKYes
Property Sub Type 
Stock Cooperative
Security 
Smoke Detector(s)Security System OwnedSecurity SystemBuilding SecurityFire AlarmFire Sprinkler SystemSecurity Lights
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3337
Style 
Traditional
Utilities 
Cable AvailableElectricity AvailableSewer AvailableWater Connected
Water Source 
Public
Zoning 
R-D(2) (city)
Interior Features
Appliances 
CooktopDryerDishwasherENERGY STAR Qualified RefrigeratorElectric CooktopElectric RangeElectric Water HeaterFreezerDisposalIce MakerMicrowaveOvenRefrigeratorWater HeaterWasher
Cooling 
Central Air
Flooring 
MarbleTileWood
Furnished 
Unfurnished
Heating 
Central
Interior 
Built-in FeaturesEntrance FoyerPantryStorageSoaking TubWalk-In Closet(s)
Laundry Features 
Laundry Closet
Main Level Bedrooms 
3
Window Features 
BlindsDrapesStorm Window(s)
Kitchen 
Living Room 
PrimaryBedroom 
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Exterior Features
Construction Details 
Block
Exterior 
Balcony
Lot Features 
Waterfront
Other Structures 
Storage
Patio And Porch 
Covered
Pool Features 
AssociationHeated
Road Frontage 
City Street
Roof 
Other
View 
WaterMarina
Waterfront 
Yes
Waterview 
WaterMarina
Windows/Doors 
BlindsDrapesStorm Window(s)
Community Features
Association Amenities 
PoolClubhouseMaintenance GroundsLaundryManagementParkingSecurityTrashElevator(s)
Association Fee 
$10500.0
Association Fee Frequency 
Quarterly
Community Features 
Street Lights
MLS Area 
5002
Financing Terms Available 
Cash
Schools
School District
Unknown
Elementary School
Palm Beach Public
Middle School
Unknown
High School
Forest Hill
Listing courtesy of Brown Harris Stevens of PB



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-11-09 06:39 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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