$1,750,000

389 S Lake Dr Unit 2F Palm Beach, FL 33480

Estimated payment $13,031/month

Total Views 2,029
2 Beds
2 Baths
1,703 Sq Ft
$1,028 Price per Sq Ft

Highlights

  • Gas Heated Pool
  • Balcony
  • Resident Manager or Management On Site
  • Palm Beach Public School Rated A-
  • Living Room
  • Storage

About This Home

This elegant two-bedroom, two-bath condo is pet-friendly and located in the heart of Palm Beach, just steps from Worth Ave shopping and dining. Building is directly across from the state-of-the-art Palm Beach Marina. Featuring soaring 9-foot ceilings, the residence is bathed in natural light and offers stunning views of the surrounding area. Situated in a full-service building with pool and 24-hour doorman, this unit also includes one assigned parking space. This prime location offers the perfect blend of luxury, convenience, and coastal living.

Listing Agent

Shirley Wyner

William Raveis Real Estate License #SL194926

Co-Listing Agent

Cindy Bray

William Raveis Real Estate License #BK3002675

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $5,555

Year Built

  • Built in 1967

Lot Details

  • South Facing Home
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $2,800 Monthly HOA Fees

Parking

  • Open Parking

Interior Spaces

  • 1,703 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Area
  • Storage
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434327630002060

Community Details

Overview

  • Association fees include insurance, cable TV, common area
  • 41 Units
  • 389 Building Community
  • 6-Story Property

Pet Policy

  • Dogs Allowed
  • Small pets allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$5,555

Year Built

Built in 1967

Lot Details

0

HOA Fees

$2,800 per month

Listing Details

  • Property Sub Type: Co-op
  • Prop. Type: Condo/Co-Op
  • Building Name: 389 Building
  • Year Built: 1967
  • Location Tax Legal:Name of Building: 389 Building
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 5555.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 1703.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 2800.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 41
  • General Property Description:_pound_ Floors: 6.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Pool:Heated - Gas: Yes
  • Pets:Pets Allowed: Yes
  • Pets:Pet Type: Dogs
  • Maintenance Includes:Cable TV: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Jenn-Aire, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms, Pantry
  • Living Area: 1703.0
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Jenn-Aire: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Sprinkler System, Fence - Back Wall
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking:Open Parking: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area

Lot Info

  • Parcel #: 50434327630002060
  • Zoning: R-D(1) - Moderate Density Residential

Multi Family

  • Number Of Units Total: 41
  • Maintenance Expense: 2800.0

Tax Info

  • Tax Annual Amount: 5555.0
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Rent $15,000 0.0% --
04/17/2025 04/17/25 Price Changed $1,750,000 -12.5% $1,028 / Sq Ft
02/17/2025 02/17/25 For Sale $1,999,000 -- $1,174 / Sq Ft
Source: Palm Beach Board of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $300,000 New Conventional
Source: Public Records

Similar Homes in Palm Beach, FL

  • 369 S Lake Dr Unit 2B, Palm Beach, FL 33480

    $2,100,000

    • 1 Bed
    • 2 Baths
    • 1,032 Sq Ft
    • 369 S Lake Dr
    • Unit 2B
    • Palm Beach, FL

    This large one bedroom 1.5 bath in-town sophisticated pied-a terre is move in ready (October 25, 2024) for the coming season. This bright apartment with window views west and north is bright with abundant light while enjoying the vistas of the surrounding palm trees and vegetation. The apartment also has plenty of closet space in the oversized bedroom and living areas. Park Place is the

    Bradford Miller Bradford P. Miller Real Estate

    Section Image
  • 455 Australian Ave Unit 3D, Palm Beach, FL 33480

    $2,175,000

    • 2 Beds
    • 2 Baths
    • 1,096 Sq Ft
    • 455 Australian Ave
    • Unit 3D
    • Palm Beach, FL

    Enjoy this wonderful, spacious unit conveniently located across the street from the new Palm Beach Marina, the Lake Trail, walking distance to the Beach, and 2 blocks from Worth Avenue. This quiet building nestled in the heart of Palm Beach has a 24-hr doorman, covered parking, exercise room, and more. The palm tree-lined terrace gives the outdoor space a tranquil and private feel. Freshly

    Crista Ryan Tina Fanjul Associates, Inc.

    Section Image
  • 354 Chilean Ave, Palm Beach, FL 33480

    $1,700,000

    • 1 Bed
    • 1 Bath
    • 782 Sq Ft
    • 354 Chilean Ave
    • Palm Beach, FL

    Enjoy the season and all year around in the heart of Palm Beach in this elegant, light-filled one-bedroom, one-bath residence features floor-to-ceiling sliding impact doors that lead to a wide balcony. Fully renovated and tastefully appointed, it offers a modern white kitchen and updated bath. A one-bedroom guest apartment off the lobby is also available when available for a low nightly fee.

    Richard Berman Brown Harris Stevens of Palm Beach 7232

    Section Image
  • 301 Australian Ave Unit 306, Palm Beach, FL 33480

    $1,380,000

    • 1 Bed
    • 1 Bath
    • 330 Sq Ft
    • 301 Australian Ave
    • Unit 306
    • Palm Beach, FL

    Most romantic Palm Beach retreat at the quintessential historic Brazilian Court, just steps from Worth avenue. Elegant private 1 bedroom 1 bath, fully furnished, extending into an oversized roof terrace overlooking the tranquil courtyard with its fountain and lush vegetation. Luxurious accommodations, impeccable service and amenities include maid service, fitness center, Salon and acclaimed

    Suzanne Stoll Sotheby's International Realty, Inc.

    Section Image
  • 301 Australian Ave Unit 303, Palm Beach, FL 33480

    $1,950,000

    • 1 Bed
    • 1 Bath
    • 622 Sq Ft
    • 301 Australian Ave
    • Unit 303
    • Palm Beach, FL

    Experience the ease of luxury living with this top-floor one-bedroom pied-à-terre at the Brazilian Court Hotel. Enjoy a spacious living room and an oversized private terrace. The secluded terrace is east-facing and large enough for another living space, perfect for unwinding in the heart of Palm Beach.As an owner, you'll have access to all hotel amenities, including concierge services,

    Chris Leavitt Douglas Elliman

    Section Image
  • 173 Peruvian Ave Unit 2, Palm Beach, FL 33480

    $1,595,000

    • 1 Bed
    • 2 Baths
    • 819 Sq Ft
    • 173 Peruvian Ave
    • Unit 2
    • Palm Beach, FL

    This thoughtfully updated one-bedroom, one-and-a-half-bath residence offers 819 square feet of interior living space, plus 205 square feet of private outdoor areas. A 110-square-foot covered patio—accessible through French doors with phantom screens—provides a sheltered space for outdoor living. A separate 95-square-foot entry patio at the front of the unit adds additional outdoor space.

    Todd Peter Sotheby's International Realty, Inc.

    Section Image
  • 170 Chilean Ave Unit 20, Palm Beach, FL 33480

    $2,100,000

    • 2 Beds
    • 2 Baths
    • 1,201 Sq Ft
    • 170 Chilean Ave
    • Unit 20
    • Palm Beach, FL

    This beautiful in-town apartment offers the perfect blend of comfort and style in a prime Palm Beach location. Just one block from Worth Avenue and steps from the beach, this bright and inviting residence is ideal for effortless island living. The spacious living room opens to a charming balcony, perfect for morning coffee or dining outdoors while enjoying the ocean breeze. The open kitchen flows

    Somers Laffey Brown Harris Stevens of Palm Beach 6598

    Section Image
  • 44 Cocoanut Row Unit 124 B, Palm Beach, FL 33480

    $1,850,000

    • 2 Beds
    • 2 Baths
    • 44 Cocoanut Row
    • Unit 124 B
    • Palm Beach, FL

    BEST PRICED 2BR/2BA APT AT PB TOWERS! Lovely 2BR/2BA First Floor Apartment with Gracious East-Facing Open Terrace. Situated on eleven manicured acres, Palm Beach Towers is a full-service building with a Restaurant (Salute) that also delivers Room Service, a Hair Salon (Woody's), Green, a Hot Tub, and a Beautifully Landscaped Pool Deck directly on the Intracoastal. PRICED TO SELL!

    Cappy Abraham Palm Beach Residential Properties, LLC

    Section Image
  • 44 Cocoanut Row Unit 104A, Palm Beach, FL 33480

    $1,775,000

    • 1 Bed
    • 1 Bath
    • 1,143 Sq Ft
    • 44 Cocoanut Row
    • Unit 104A
    • Palm Beach, FL

    Fabulous move in ready Pied-à-terre condo with tree top lush views from a wall of windows. Renovated bath & kitchen (2022) have top of the line appliances: BERTAZZONI range, LIEBHERR refrigerator, FRANKE sink, COVE dishwasher, TOTO toilet & ROHL faucets & Cherry Cabinets. Easy to add a 2nd bathroom & bedroom. Your parking space is one flight down & a short walk thru gate to the Royal Plaza for

    Catherine Applegate Douglas Elliman

    Section Image

Source: Palm Beach Board of REALTORS®

MLS Number: 25-314

APN: 50-43-43-27-63-000-2060