Palm Beach, FL·For Sale
389 S Lake Drive Phb
Offered at
$7,980,000
389 S Lake Drive Phb, Palm Beach, FL 33480
- 3
- Beds
- 3
- Full Baths
- 2,443
- Sq.Ft.
Listing courtesy of Ashley Copeland, Brown Harris Stevens of PB
Property Description
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.
Overview
At a glance
- Property Type
- Residential
- Property Sub-Type
- Stock Cooperative
- Address
- 389 S Lake Drive Phb, Palm Beach, FL 33480
- Zoning
- R-D(2) (city)
- MLS ID
- B26027444
- Listing Date
- 2026-05-11
- Last Updated
- 5/21/2026, 5:54:39 PM
- Days on Market
- 12
- Subdivision
- THREE EIGHTY NINE CORP LESSEE
- Stories
- 6
Features & Amenities
The Details
Interior
- Bedrooms
- 3
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Flooring
- Marble, Wood, Mexican Tile
- Appliances
- Electric Water Heater, Cooktop, Dryer, Disposal, Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer, Electric Cooktop, Freezer
- Interior Features
- Built-in Features, Entrance Foyer, Pantry, Walk-In Closet(s), Bedroom Layout - Split, Storage
- Laundry
- Laundry Closet
- Windows
- Blinds, Drapes, Storm Window(s), Sliding
Exterior
- Construction
- CBS
- Exterior Features
- Balcony
- Parking
- Assigned, Covered, Deeded, Guest
- Water Source
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Available, Sewer Available, Water Connected
- Cooling
- Central Individual
- Heating
- Central Individual
- Security
- Building Security, Fire Alarm, Fire Sprinkler System, Smoke Detector(s), Security Lights, Security System Owned, Security System, Entry - Phone/Intercom, Lobby - Attended
Details
- Building Area
- 3,337 sq.ft.
- Lot Size
- 67,570 sq.ft.
- Lot Size (Acres)
- 1.55 acres
- Subdivision
- THREE EIGHTY NINE CORP LESSEE
- Architectural Style
- Traditional
- Stories
- 6
- Year Built
- 1967
- View
- Water, Intracoastal, Marina
- Waterfront
- Intracoastal
- Direction Faces
- Southwest
- County
- Palm Beach
- Zoning
- R-D(2) (city)
Financial
- List Price
- $7,980,000
- Original List Price
- $7,980,000
- Annual Tax
- $55,480.63/yr
- Tax Year
- 2025
- Association Fee
- $10,500
Location
389 S Lake Drive Phb, Palm Beach, FL 33480
What’s Nearby
Key Distances
Drive times estimated from straight-line distance
Shopping
Worth Avenue
- 0.4 mi2 min
Landmark
The Breakers
- 0.9 mi3 min
Airport
Palm Beach International Airport
- 3.9 mi8 min
School
Palm Beach Day Academy — Lower School
- 0.4 mi2 min
Shopping
Rosemary Square (CityPlace)
- 0.9 mi3 min
Landmark
Mar-a-Lago Club
- 1.6 mi5 min
Inquire
Request a Private Showing
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Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.