389 S Lake Drive Pha, Palm Beach, FL 33480For Sale
$7,950,000
2beds3.00baths2100sqft

389 S Lake Drive Pha, Palm Beach, FL 33480

MLS#: R11170010
Condominium
Built in 1967
-- sqft lot
$3786/sqft
11 days on market
$58,241/yr tax

What's special

OPEN FLOOR PLANSPLIT BEDROOMSPOOL

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.

11 days on Horizon Palm

Listing office: Brown Harris Stevens of PB · MLS#: R11170010

Map

389 S Lake Drive Pha, Palm Beach, FL 33480

Facts & features

Bedrooms & bathrooms

•Bedrooms: 2
•Bathrooms: 3.00

Heating

•Heating: Central, Individual

Cooling

•Cooling: Central Air

Appliances

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

Features

•Interior features: Entrance Foyer, Living Dining Room, Pantry, Split Bedrooms, Storage, Tub Shower, Bar, Walk In Closets
•Flooring: Ceramic Tile, Marble
•Window features: Sliding
•Laundry: Washer Dryer Install Allowed

Interior area

•Total interior livable area: 2100 sqft

Room dimensions

•Kitchen: 1 X 1 (Main)
•Living Room: 1 X 1 (Main)
•Primary Bedroom: 1 X 1 (Main)

Parking

•Parking features: Assigned, Carport, Detached Carport, Guest

Features

•Stories: 6.00
•View: Intercoastal
•Exterior features: Balcony, Outdoor Living Area
•Patio & porch: Covered, Wrap Around, Balcony
•Pool features: Association
•Waterfront: Yes
•Waterfront features: Intracoastal Access
•Storm protection: Impact Glass
•Window features: Sliding

Lot

•Lot features: Sprinklers Automatic

Details

•Parcel number: 50434327630006010
•Zoning: R-D(2)

Type & style

•Home type: Condominium

Materials

•Construction materials: Block

Condition

•Year built: 1967

Community

•Subdivision: Three Eighty Nine Corp Lessee
•Complex: THREE EIGHTY NINE CORP LESSEE
•Community features: Property Manager On Site, Street Lights
•Association amenities: Bike Storage, Clubhouse, Laundry, Management, Pool, Parking, Storage, Trash, Elevators
•Restrictions: Buyer Approval Required, Rental Restriction

HOA

•HOA: Yes
•HOA fee: $3960.50 monthly
•Fee includes: Common Areas, Cable Tv, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Security, Trash, Water, Internet

Utilities

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

Details

•Price/sqft: $3786
•Annual taxes: $58, 241 (2025)
•Date on market: 03/09/2026
•Days on market: 11
•Listing terms: Cash
•Listing agent: Ashley Copeland
•Listing office: Brown Harris Stevens of PB
•MLS ID: R11170010

Price history

For Sale

2026-03-09T04:00:00.000Z · Brown Harris Stevens of PB

$7,950,000

$3786/sqft

Payment calculator

$5,003/mo
Principal & interest
$0
Property taxes
$4,853
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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