389 S Lake Drive Pha
Palm Beach, FL, 33480
$7,950,000
2 Beds
2.5 Baths
1,917 SqFt
1.55 Acres
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Relish one of the best water views in all of Palm Beach from this spacious penthouse with over 1,300 sf of wrap around terraces, perfect for outdoor entertaining and enjoyment with views up and down the Intracoastal. Located on the Intracoastal waterway overlooking the Peruvian town docks. The apartment has a spacious open floor plan for living room, dining area and kitchen, with split bedrooms, with each room overlooking the Intracoastal. An added bonus is a one-bedroom guest apartment downstairs on the ground floor. One covered parking with additional outdoor parking. Pet friendly. Excellent full-service building with 24 hr. doorperson, heated pool and only steps to world class shopping on Worth Avenue, restaurants and the beach.
Listing Provided Courtesy of Brown Harris Stevens of PB at 561-659-6400

Property Details

Price:
$7,950,000
MLS #:
R11170010
Status:
Active
Beds:
2
Baths:
2.5
Type:
Condo
Subtype:
Condominium
Subdivision:
THREE EIGHTY NINE CORP LESSEE
Neighborhood:
5002
Listed Date:
Mar 9, 2026
Finished Sq Ft:
1,917
Total Sq Ft:
3,337
Lot Size:
67,518 sqft / 1.55 acres (approx)
Year Built:
1967
WaterfrontThree Eighty Nine Corp LesseePalm Beach PublicForest HillIntracoastalPets Allowed

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Schools

Elementary School:
Palm Beach Public
High School:
Forest Hill

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Individual
Flooring
Ceramic Tile, Marble
Heating
Central Individual

Exterior

Association Amenities
Pool, Bike Storage, Community Room, Elevator(s), Internet Included, Laundry, Lobby, Manager On Site, Parking, Storage, Street Lights, Trash Chute
Construction Materials
CBS
Exterior Features
Balcony
Parking Features
Assigned, Detached Carport, Guest
Security Features
Closed Circuit Camera(s), Fire Sprinkler System, Lobby – Attended, Security System, Security System Owned

Financial

HOA Fee
$3,961
HOA Frequency
Monthly
HOA Includes
Cable TV, Common Areas, Common Real Estate Tax, Elevator, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water
Tax Year
2025
Taxes
$58,241

Map

Community

Market Summary

Current real estate data for Condo in Palm Beach as of Mar 09, 2026
309
Condo Listed
120
Avg DOM
1,351
Avg $ / SqFt
$2,589,298
Avg List Price

Property Summary

    Located in the THREE EIGHTY NINE CORP LESSEE subdivision, 389 S Lake Drive Pha Palm Beach FL is a Condo for sale in Palm Beach, FL, 33480. It is listed for $7,950,000 and features 2 beds, 3 baths, and has approximately 1,917 square feet of living space, and was originally constructed in 1967. The current price per square foot is $4,147. The average price per square foot for Condo listings in Palm Beach is $1,351. The average listing price for Condo in Palm Beach is $2,589,298. To schedule a showing of MLS#r11170010 at 389 S Lake Drive Pha in Palm Beach, FL, contact your Stonecrest International Realty agent at 561-707-9933.

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