$1,500,000
Palm Beach, FL 33480
MLS# RX-11149086
2 beds | 2 baths | 1414 sqft
1 / 7
Property Description
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
Details
Contract Information
Auction: No
List Price/SqFt: 1060.82
Listing Date: 2025-12-19
Status: Active
Original List Price: 1500000
List Price: $1,500,000
Current Price: $1,500,000
General Property Description
Governing Bodies: Coop
W/D Allowed: Yes
Main Level Bedrooms: 2
Main Level Bathrooms: 2
Property Condition: Resale
SqFt - Total: 1702
Waterfront: Yes
SqFt Source: Tax Rolls
Gated Community: No
Covered Spaces: 0
Homeowners Assoc: Mandatory
Pets Allowed: No
Pets on Premises: No
Front Exp: North
HOA/POA/COA (Monthly): 5983.59
Unit Floor #: 5
Application Fee: 0
Association Deposit: Yes
Association Deposit Amount: 1
Total Units in Bldg: 41
Membership Fee Required: No
Private Pool: No
Type: Condo/Coop
Total Bedrooms: 2
Baths - Full: 2
Baths - Total: 2
Year Built: 1967
SqFt - Living: 1414
Subdivision: THREE EIGHTY NINE CORP LESSEE
Legal Desc: THREE EIGHTY NINE CORP LESSEE APT 5-D
Lot SqFt: 67570
Total Floors/Stories: 6
Location, Tax & Legal
Geo Area: PB30
Country: United States
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2025
Zoning: R-D(2)
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 6103
Special Assessment: No
REO: No
Area: 5002
County: Palm Beach
Parcel ID: 50434327630005040
Street #: 389
Street Dir: S
Street Name: Lake
Street Suffix: Drive
Unit #: 5d
Zip Code: 33480
Geo Lat: 26.702048
Geo Lon: -80.04292
Office/Member Info
DXORIGMLNO: RX-11149086
DXORIGMLSID: RML
Design
4+ Floors: 1
Unit Desc
Exterior Catwalk: 1
Construction
Concrete: 1
Other: 1
Master Bedroom/Bath
Separate Shower: 1
View
City: 1
Intracoastal: 1
Lake: 1
Rooms
Florida: 1
Waterfront Details
Lake: 1
Lot Description
1 to < 2 Acres: 1
Equip/Appl Included
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Washer: 1
Laundry Appliances Included
Washer and Dryer: 1
Private Pool Description
Inground: 1
Cooling
Central: 1
Heating
Central: 1
Furnished
Furniture Negotiable: 1
Turnkey: 1
Interior Features
Built-in Shelves: 1
Elevator: 1
Foyer: 1
Walk-in Closet: 1
Flooring
Carpet: 1
Tile: 1
Wood Floor: 1
Utilities
Cable: 1
Electric: 1
Public Sewer: 1
Public Water: 1
Restrict
Buyer Approval: 1
Subdiv. Amenities
Elevator: 1
Lobby: 1
Pool: 1
Maintenance Fee Incl
Cable: 1
Common Areas: 1
Insurance-Bldg: 1
Pest Control: 1
Sewer: 1
Trash Removal: 1
Water: 1
Terms Considered
Cash: 1
Possession
At Closing: 1
Storm Protection
Accordion Shutters: Complete
Dining Area
Dining-Living: 1
Taxes
City/County: 1
Property Features
Design: 4+ Floors
Unit Desc: Exterior Catwalk
Construction: Concrete; Other
View: Intracoastal; Lake
Waterfront Details: Lake
Private Pool Description: Inground
Lot Description: 1 to < 2 Acres
Interior Features: Built-in Shelves; Elevator; Foyer; Walk-in Closet
Furnished: Furniture Negotiable; Turnkey
Rooms: Florida
Maintenance Fee Incl: Cable; Common Areas; Insurance-Bldg; Pest Control; Sewer; Trash Removal; Water
Restrict: Buyer Approval
Flooring: Carpet; Tile; Wood Floor
Heating: Central
Cooling: Central
Laundry Appliances Included: Washer and Dryer
Dining Area: Dining-Living
Terms Considered: Cash
Utilities: Cable; Electric; Public Sewer; Public Water
Taxes: City/County
Possession: At Closing
Room Information
| Room Name | Length | Width | Length | Level | Width |
| Living Room | 28.00 | 17.00 | 28.00 | First | 17.00 |
| Kitchen | 14.00 | 10.00 | 14.00 | First | 10.00 |
| Master Bedroom | 17.00 | 14.00 | 17.00 | First | 14.00 |
Listing Office: Network Property Group, LLC
Last Updated: December - 21 - 2025
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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