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Magdalena Tomasino

magdalena.tomasino@engelvoelkers.com +1(305) 803-7840

$ 7,980,000

Est. payment -/mo

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Active

389 S Lake DR #Phb Palm Beach, FL 33480

3 Beds

3 Baths

2,443 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 2,443 sqft

Price per Sqft $3,266

Subdivision Three Eighty Nine Corp Les

MLS Listing ID B26027444

Style One Story

Bedrooms 3

Full Baths 3

HOA Fees $10,500/qua

HOA Y/N Yes

Land Lease Amount 179550.0

Year Built 1967

Annual Tax Amount $55,480

Tax Year 2025

Lot Size 1.550 Acres

Acres 1.55

Property Sub-Type Condominium

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.

Location

State FL

County Palm Beach

Community Three Eighty Nine Corp Les

Area 5002

Direction On S. Lake Dr. on Intracoastal on corner of Peruvian Avenue

Interior

Interior Features Built-in Features, Bathtub, Entrance Foyer, Living/Dining Room, Main Living Area Entry Level, Split Bedrooms, Shower Only, Walk-In Closet(s), Pantry

Heating Central

Cooling Central Air

Flooring Hardwood, Marble, Wood

Furnishings Unfurnished

Window Features Blinds,Drapes,Sliding,Impact Glass

Appliance Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer

Laundry Common Area

Exterior

Exterior Feature Balcony

Pool None, Association, Community, Heated

Community Features Home Owners Association, Laundry Facilities, Property Manager On-Site, Street Lights, Sidewalks, Pool

Utilities Available Cable Available, Electricity Available, Water Available, Sewer Available

Amenities Available Bike Storage, Clubhouse, Laundry, Management, Maintenance, Pool, Security, Trash, Elevator(s)

Waterfront Description Intracoastal Access

View Y/N Yes

View Intercoastal, Water

Roof Type Other

Total Parking Spaces 1

Private Pool Yes

Building

Lot Description 1-2 Acres, Sprinklers Automatic, Buyer Approval Required

Building Description Block, Living Area

Faces Southwest

Story 1

Sewer Not Connected (at lot), Public Sewer, Other

Water Public

Architectural Style One Story

Structure Type Block

Schools

Elementary Schools Palm Beach Public

High Schools Forest Hill Community

Others

Pets Allowed No Pet Restrictions

HOA Fee Include Association Management,Common Area Maintenance,Cable TV,Insurance,Laundry,Legal/Accounting,Parking,Pest Control,Pool(s),Reserve Fund,Sewer,Security,Trash

Senior Community No

Restrictions Association Approval Required

Tax ID 50434327630006020

Security Features Building Security,Door Man,Fire Alarm,Intercom,Lobby Secured,Phone Entry,Security Lights,Security System Owned,Security System,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Listed As-Is

Pets Allowed No Pet Restrictions

Virtual Tour https://www.propertypanorama.com/389-S-Lake-Drive-Phb-Palm-Beach-FL-33480/unbranded

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Brown Harris Stevens of PB

NEARBY SCHOOLS & PROPERTIES

Magdalena Tomasino

Broker Associate | License ID: 3073318

+1(305) 803-7840

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