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389 S Lake Drive #PHB

Palm Beach, FL 33480
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Bed 3

Bed

Bath 3

Bath

SqFt2,443

Sqft

SqFt67,570

Sqft(Lot)

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 prest igious 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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Detail Ic Property Details

Property Type : Residential

Price : $7,980,000

AD Id : 78438374

MLS Id : B26027444

Beds : 3

Lot Size : 67,570 Sqft

Living Area Size : 2,443

Year Built : 1967

County : Palm Beach

Subdivision: Palm Beach (central)

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Roofing Information

    Other

    Flooring Information

    Marble, Tile, Wood
  • Interior Features

    BuiltInFeatures, Bathtub, EntranceFoyer, LivingDiningRoom, Pantry, SplitBedrooms, Storage, SoakingTub, SeparateShower, WalkInClosets
    Roof: Other
    Appliances: Cooktop, Dryer, Dishwasher, EnergyStarQualifiedRefrigerator, ElectricCooktop, ElectricRange, ElectricWaterHeater, Freezer, Disposal, IceMaker, Microwave, Oven, Refrigerator, WaterHeater, Washer
    Laundry Features: LaundryCloset, WasherDryerInstallAllowed
    Window Features: Blinds, Drapes, Sliding, StormWindows
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Individual Has Cooling: Yes Cooling: CentralAir Water front: 1

  • Building Information

    Year Built: 1967
    Building Area Total: 3337
    Construction Materials: Block
    Stories: 6
    Patio And Porch Features: Covered, Balcony
    Pool Features: Association, Heated
    Private Pool: No
    Water front Features: IntracoastalAccess
    View: Intercoastal, Marina, Water
    Association Fee Frequency: Quarterly
  • Exterior Features

    Exterior Features: Balcony, OutdoorLivingArea

  • Lot Information

    Main Square Feet: 67570 Lot Size Acres: 1.55 Lot Description: OneToTwoAcres,SprinklersAutomatic

    Property Information

    Subdivision: THREE EIGHTY NINE CORP LESSEE Source Property Type: Residential Postal Code Plus 4: 4567 Property SubType: Stock Cooperative Direction Faces: Southwest Levels: One Property Age: 59

  • Listing Price Information

    Listing Price: $7980000
    Cash

  • Tax Information

    Parcel Number: 50434327630006020 Tax Year: 2025 Annual Tax: $55480.63 Tax Legal Desc: THREE EIGHTY NINE CORP LESSEE PENTHOUSE B

  • Parking Information

    Parking Total: 1 Assigned, Covered, Deeded, Guest

    Garage Information

    Pets Allowed: DogsOk, PetRestrictions, Yes

    Homeowners Association Information

    Has Association: Yes
    Included Fees: CommonAreas, CableTv, Insurance, LegalAccounting, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, ReserveFund, Sewer, Security, Trash
    HOA: $10,500.00
    Association Amenities: BikeStorage, Clubhouse, MaintenanceGrounds, Laundry, Management, Pool, Parking, Security, Sidewalks, Trash, Elevators
    Community Features: PropertyManagerOnSite, StreetLights

  • School Information

    Elementary School: Palm Beach Public Junior High School: Senior High School: Forest Hill
  • Utility Information

    CableAvailable, ElectricityAvailable, SewerAvailable, WaterConnected
  • Location Information

    Direction: On S. Lake Dr. on Intracoastal on corner of Peruvian Avenue WaterSource: Public Security Features: SecuritySystemOwned,SecuritySystem,BuildingSecurity,FireAlarm,FireSprinklerSystem,LobbySecured,PhoneEntry,SmokeDetectors,SecurityLights
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
235 E Sunrise Avenue #2.., Palm Beach, FL, 33480 $500,000 1 1 389 389 SqFt
3590 S Ocean Boulevard .., Palm Beach, FL, 33480 $535,000 2 2 1,417 1,417 SqFt
3600 S Ocean Boulevard .., Palm Beach, FL, 33480 $1,490,000 3 3 2,400 2,400 SqFt
3590 S Ocean Boulevard .., Palm Beach, FL, 33480 $535,000 2 2 1,417 1,417 SqFt
3540 S. Ocean Boulevard.., Palm Beach, FL, 33480 $375,000 1 2 802 802 SqFt
3200 S Ocean Boulevard .., Palm Beach, FL, 33480 $1,000,000 2 2 1,476 1,476 SqFt
4001 S Ocean Boulevard .., Palm Beach, FL, 33480 $94,000 -- 1 375 375 SqFt
3601 S Ocean Boulevard .., Palm Beach, FL, 33480 $330,000 2 3 1,408 1,408 SqFt
3170 S Ocean Boulevard .., Palm Beach, FL, 33480 $4,550,000 3 3 2,960 2,960 SqFt
4001 S Ocean Boulevard .., Palm Beach, FL, 33480 $99,000 -- 1 375 375 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/10/2026 @ 16:17

MLS: B26027444 LISTED BY: Ashley Copeland, Brown Harris Stevens of PB 561-659-6400 SOURCE: Beaches MLS

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