389 S Lake Drive 5d, Palm Beach, FL 33480Pending
$1,500,000
2beds2.00baths1414sqft

389 S Lake Drive 5d, Palm Beach, FL 33480

MLS#: R11149086
Condominium
Built in 1967
1.5500 acre lot
$1061/sqft
4 days on market
$6,103/yr tax

What's special

Experience the epitome of Palm Beach living at 389 S Lake Drive, an exclusive, full-service boutique building in the heart of Midtown. This light-filled residence is perfectly positioned just one block from world-renowned Worth Avenue, the scenic Lake Trail, and the town docks. Enjoy serene Intracoastal and pool views from your private oasis. The pet-friendly building offers a sophisticated lifestyle with premium amenities, including a professional doorman, heated swimming pool, on-site management, and assigned parking. Many units feature modern renovations, high ceilings, impact glass, and in-unit laundry. Don't miss this rare opportunity to own in one of the Island's most coveted locations

4 days on Horizon Palm

Listing office: Network Property Group, LLC · MLS#: R11149086


Map

389 S Lake Drive 5d, Palm Beach, FL 33480


Facts & features

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2.00

Heating

Heating: Central

Cooling

Cooling: Central Air

Appliances

Appliances: Dryer, Dishwasher, Electric Range, Free Standing Freezer, Disposal, Microwave, Refrigerator, Washer

Features

Interior features: Built In Features, Entrance Foyer, Elevator, Living Dining Room, Separate Shower, Walk In Closets
Flooring: Carpet, Wood

Interior area

Total interior livable area: 1414 sqft

Room dimensions

Florida Room
Florida Room
Kitchen: 14 X 10 (First)
Kitchen: 14 X 10 (First)
Living Room: 28 X 17 (First)
Living Room: 28 X 17 (First)
Primary Bedroom: 17 X 14 (First)
Primary Bedroom: 17 X 14 (First)

Features

Stories: 6.00
View: City, Intercoastal, Lake
Pool features: In Ground, Association
Waterfront: Yes
Waterfront features: Lake Front
Storm protection: Partial Accordion Shutters

Lot

Lot size: 1.5500 Acres
Lot features: One To Two Acres

Details

Parcel number: 50434327630005040
Zoning: R-D(2)

Type & style

Home type: Condominium

Materials

Construction materials: Other, Concrete

Condition

Year built: 1967

Community

Subdivision: Three Eighty Nine Corp Lessee
Complex: THREE EIGHTY NINE CORP LESSEE
Association amenities: Elevators, Pool
Restrictions: Buyer Approval Required

HOA

HOA: Yes
HOA fee: $5983.59 monthly
Fee includes: Common Areas, Cable Tv, Insurance, Pest Control, Sewer, Trash, Water

Utilities

Utilities: Cable Available, Sewer Available, Water Available
Sewer: Public Sewer

Details

Price/sqft: $1061
Annual taxes: $6, 103 (2025)
Date on market: 12/21/2025
Days on market: 4
Listing terms: Cash
Listing agent: Brian Jacobs PA
Listing office: Network Property Group, LLC
MLS ID: R11149086

Price history

Pending

2025-12-21T05:00:00.000Z · Network Property Group, LLC

$1,500,000

$1061/sqft

Payment calculator

$659/mo
Principal & interest
$0
Property taxes
$509
Home insurance
$150

This is an estimate based on a 30-year fixed-rate mortgage at 6.75% APR. Actual rates and payments may vary. Contact a lender for exact quotes.


Palm Beach

Palm Beach, FLPalm Beach County33480
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