• 389 S Lake Drive #2F Palm Beach, FL 33480

  • $2,800,000
  • 2
    Bed(s)
  • 2
    Baths
  • 1,703
    Sq Ft
  • 67570
    Sqft

Location! Location! Location! One block to Worth Avenue and steps to the state-of-the-art Palm Beach Marina. This very spacious 2 bedroom/2 bath apartment with 9' ceilings has lovely views of the pool and gardens. Light and bright open floor plan. Master bedroom includes a very large walk-in closet. The 389 South Lake Drive is a full-service building with 24 hour doorman. One assigned parking space. Rentals are prohibited for the first two years of membership. Then only twice in ten years. Sub-leases cannot be for less than three months or more than twelve months. No sub-sub-leasing is allowed. Sub-lessees are not allowed to have pets. 389's land lease goes back to 1959 and ends on April 23, 2058.

Property Type :

Condo/Coop

Subdivision :

Three Eighty Nine Corp Lessee

County :

Palm Beach

Style :

Condo/Coop

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Property Details

 

Bedroom Information

Total Bedrooms : 2

Separate Tub

Bathroom Information

Total Baths: 2

Full Baths: 2

Room Information

Rooms: Storage

Interior Features

Elevator,Fire Sprinkler

Unfurnished

Air Conditioning: Central

Flooring Information

Ceramic Tile

Equipment Information

Refrigerator,Freezer,Microwave,Ice Maker,Disposal,Dishwasher,Range - Electric

Heating & Cooling

Cooling: Central

Heating: Central

Building Information

Year Built: 1967

Total Floors: 6

Total Units: 41

Floor Location: 2

Built: Resale

Construction: Concrete

Pool Information

Private Pool: No

Lot Information

Lot Description: 1 to < 2 Acres,East of US-1

Waterfront: None

67,570 Sq. Ft.

Property Information

SQ ft: 1,703

SQ ft (Living Area): 1,703

Property Detail: Condo/Coop

Front Exposure: East

Subdivision: THREE EIGHTY NINE CORP LESSEE

Stories: 6

Listing Price Information

Original List Price: $2,800,000

Listing Information

Possession: At Closing

Tax Information

Annual Tax: $6,218

Tax Year: 2023

Parcel Number: 50434327630002060

Taxes : City/County

Virtual Tour

Parking Information

Carport Spaces: 1.00

Garage Spaces: 0.00

Open Parking Spaces: 1.0000

Parking: Assigned

Multi-Unit Information

Governing Body: Coop

Bike - Jog,Elevator

Refrigerator,Freezer,Microwave,Ice Maker,Disposal,Dishwasher,Range - Electric

Restrict: Buyer Approval,Commercial Vehicles Prohibited,No Truck,No Lease First 2 Years,No Motorcycle,Interview Required

Pets Allowed: Yes

Homeowners Association Information

Mandatory

Membership Equity: No

HOA : 2,066

Utility Information

Electric,Public Sewer,Cable,Public Water

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MLS Logo

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 2024 Beaches Multiple Listing Service, Inc

ByOwner last updated this listing 05/03/2024 @ 01:55

MLS: RX-10948322
LISTED BY: Shirley M. Wyner , William Raveis South Florida
SOURCE: Beaches MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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