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389 S Lake Drive, Unit Phb, Palm Beach, FL 33480

$7,980,000
  • 389 S Lake Drive, Unit Phb, Palm Beach, FL 33480 Main Photo

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New to the Market Active
BEDS3 BATHS3 full SQUARE FEET3,337 MLS#B26027444
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONTHREE EIGHTY NINE CORP LESSEE

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.

389 S Lake Drive, Unit Phb | MLS# B26027444

This home located at 389 S Lake Drive, Unit Phb, Palm Beach, FL 33480 is currently listed for sale with an asking price of $7,980,000. This property was built in 1967 and has 3 bedrooms and 3 full baths with 3337 sq. ft. S Lake Drive, Unit Phb is located in the THREE EIGHTY NINE CORP LESSEE subdivision. Search THREE EIGHTY NINE CORP LESSEE real estate on brodriguez.realty100.com today.

Property Features

Property Type: Residential -
Cooling: Central Individual
Heating: Central Individual
Home Style: Traditional
Lot Size: 1.55 Acres
Roof Type: Other
Stories: 6.0
Taxes: $55,480
Year Built: 1967

Amenities

Built-in Features
Entrance Foyer
Pantry
Walk-In Closet(s)
Bedroom Layout - Split
Storage
Balcony

Feature Descriptions

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
Association Amenities: Elevator(s), Laundry, Management, Parking, Pool, Manager On Site, Trash Chute, Bike Storage, Community Room, Heated Pool, Lobby, Sidewalks, Street Lights, Security, Maintenance
Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Commo
Days on Site: 1
Exterior: CBS
Flooring: Marble, Wood, Mexican Tile
Furnished: Unfurnished
HOA Fee: $10500/ Quarterly
Laundry: Laundry Closet
Parcel#: 50434327630006020
Parking: Assigned, Guest
Parking Notes: Assigned, Guest
Pets Allowed: Yes, Dogs OK, Pet Restrictions Possible
Security: yes
Security: Building Security, Fire Alarm, Fire Sprinkler System, Smoke Detector(s), Security Lights, Security System
Sewer: Public Sewer
Special View Info: Water, Intracoastal, Marina
SQFT Living: 2443
Structure Type: Multi Family
Total Rooms: 3
Utilities: Cable Available, Electricity Available, Sewer Available, Water Connected
Utilities: Cable Available, Electricity Available, Sewer Available, Water Connected
Water: Public
Waterfront Features: Intracoastal
Windows: Blinds, Drapes, Storm Window(s), Sliding

Local Schools

High School: Forest Hill
Elementary School: Palm Beach Public

Listed By / Shown By

Listed By

Agency Name: Brown Harris Stevens of PB
Agency Phone: 561-659-6400

Shown By

Agent Name: Brandee Rodriguez
Agent Phone: (954) 899-8779
Agency Title: Realty 100

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Estimated Payment

$ 24,710.85 per month $17,760.02 Principal & Interest $4,623.33 Property Tax $2,327.50 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/13/2026. The listing information on this page last changed on 05/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/13/2026 10:37:48 AM EST) or Miami MLS (last updated Wed 05/13/2026 10:34:01 AM EST) or Stellar MLS (last updated Wed 05/13/2026 10:31:27 AM EST) or Beaches MLS (last updated Wed 05/13/2026 10:29:49 AM EST). Real estate listings held by brokerage firms other than Realty 100 may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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