$3,750,000

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

Estimated payment $25,258/month

Total Views 2,755
2 Beds
2 Baths
1,680 Sq Ft
$2,232 Price per Sq Ft

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Wine Refrigerator

About This Home

A state-of-the-art and ultra elegant residence in the heart of Midtown overlooking the Intracoastal Waterway.This light-filled and spacious apartment has just been completely renovated using only the finest materials. The apartment boasts raised ceilings, hand scraped oak floors, Baldwin hardware, low -voltage Element recessed lighting, and custom fabricated built-in closets and cabinets throughout. The dining and living areas combine to create a generous family room that opens to an enclosed loggia offering floor-to-ceiling impact doors and views of the idyllic resort-like pool area.

The generous kitchen features custom cabinetry, quartz countertops and floors, Subzero refrigerator, Miele dishwasher, a Miele induction cook top with a Bosch slide-out hood, Miele double ovens and Marvel ice machine. In addition, there is also a 105 bottle dual-temp wine refrigerator.
The spacious Master bedroom offers ample closets and a luxurious bathroom with a large walk-in shower and separate water closet. The guest suite has a custom closet, private bathroom and pool views.
The secluded ensuite Study/Den is a bonus in today's work from home environment. The bathrooms have full-slab quartz floors and walls, nickel faucets, Spalet Japanese self-cleaning bidet toilets and custom vanities and cabinetry.
The 389 building is a pet-friendly, doorman, in-town boutique style full-service building, located along scenic South Lake Drive and the Brazilian docks, one block from Worth Avenue and only minutes from world-class dining and shopping. Parking for 2 cars.

DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. Copyright 2023 Listing Company. All Rights Reserved.

Listing Agent

Cara McClure

Douglas Elliman License #SL-3177951

Douglas Elliman

Co-Listing Agent

LISA WILKINSON

Douglas Elliman License #SL-3254735

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $20,239

Year Built

  • Built in 1967

Lot Details

  • Property fronts an intracoastal waterway
  • South Facing Home
  • Land Lease

HOA Fees

  • $2,640 Monthly HOA Fees

Interior Spaces

  • 1,680 Sq Ft Home
  • Sitting Room
  • Living Room
  • Dining Area
  • Den
  • Library
  • Storage

Kitchen

  • Double Convection Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Outdoor Pool
  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327630002070

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 41 Units
  • 389 Building Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed
  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$20,239

Year Built

Built in 1967

Lot Details

0

HOA Fees

$2,640 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(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 20239.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 1680.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 2640.12
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 41
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pets:Pet Type: Cat or Dog
  • Maintenance Includes:Cable TV: Yes
  • Pool:Heated Elec: Yes
  • Land:Land Leased: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Double, Oven-Convection, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood, Marble, Other Flooring
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1680.0
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Impact Doors, Impact Windows, Elevator, Lobby
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Co-Op Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Leased
  • Parcel #: 50434327630002070
  • Zoning: R-D(2) - Heavy Density Residential

Rental Info

  • Pets Other: 1 cat or dog

Multi Family

  • Number Of Units Total: 41
  • Maintenance Expense: 2640.12

Tax Info

  • Tax Annual Amount: 20239.0
  • 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
09/17/2024 09/17/24 For Sale $3,750,000 +435.7% $2,232 / Sq Ft
04/01/2021 04/01/21 Sold $700,000 0.0% $417 / Sq Ft
04/01/2021 04/01/21 Sold $700,000 0.0% $417 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/02/2021 03/02/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $700,000 -26.3% $417 / Sq Ft
12/19/2019 12/19/19 For Sale $950,000 -- $565 / Sq Ft
Source: Palm Beach Board of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $350,000 New Conventional
Source: Public Records

Similar Homes in Palm Beach, FL

  • 100 Worth Ave Unit 415, Palm Beach, FL 33480

    $2,950,000

    • 2 Beds
    • 2 Baths
    • 1,590 Sq Ft
    • 100 Worth Ave
    • Unit 415
    • Palm Beach, FL

    A rare Gem in an Icon. Put your style and polish on a gorgeous unit in an iconic Palm Beach building. Almost 1600 sf of opportunity awaits you, with a classic view of the pool and palms. Take the tunnel under the street to the private Beach Access. Enjoy the huge deck for evening cocktails. ALL IMPACT GLASS. 24-hour doorman, beautiful pool, gym, social room, park under building. Walk

    Barry Gutknecht Compass Florida, LLC

    Section Image
  • 389 S Lake Dr Unit 2D, Palm Beach, FL 33480

    $3,000,000

    • 2 Beds
    • 2 Baths
    • 1,464 Sq Ft
    • 389 S Lake Dr
    • Unit 2D
    • Palm Beach, FL

    Marvelous 2 bedroom 2 bathroom condominium. Bright and airy with 9'ceilings and Southern Exposure. Full Service building in privileged location, nestled steps away from the beach, world renowned Worth Avenue where refined dining, luxury and art come together!

    Claudia Minervini The Corcoran Group

    Section Image
  • 434 Chilean Ave Unit 2B, Palm Beach, FL 33480

    $3,995,000

    • 2 Beds
    • 2 Baths
    • 1,316 Sq Ft
    • 434 Chilean Ave
    • Unit 2B
    • Palm Beach, FL

    Charming 2 BR/2BA apartment on one of the most desirable streets close to Worth Avenue. Recently renovated and designed, it is home to one of Palm Beach's exceptional Interior Designers. This apartment has been imaginatively designed for entertaining inside and on its very private terrace.And also designed for quiet relaxation. Located moments away to Palm Beach's best restaurants

    Anne Carmichael Brown Harris Stevens of Palm Beach 5225

    Section Image
  • 369 S Lake Dr Unit 1D, Palm Beach, FL 33480

    $3,950,000

    • 2 Beds
    • 2 Baths
    • 2,077 Sq Ft
    • 369 S Lake Dr
    • Unit 1D
    • Palm Beach, FL

    Classic Palm Beach CO-OP, direct Intracoastal Marina and park location, near Worth Avenue. Apt 1-D has been professionally updated with exquisite crown and base molding and beautiful built in cabinetry. Recently installed kitchen cabinetry tile floor and refinished wood floors in Living Room and Loggia. This unit is one of a very few ground floor apartments in a building which allows one large

    Bradford Miller Bradford P. Miller Real Estate

    Section Image
  • 354 Chilean Ave Unit 6C, Palm Beach, FL 33480

    $3,495,000

    • 2 Beds
    • 2 Baths
    • 1,225 Sq Ft
    • 354 Chilean Ave
    • Unit 6C
    • Palm Beach, FL

    Brand new renovation just completed and never lived in 2 bedroom/2 bath apartment featuring an open and airy floor plan with spacious rooms, walk-in closets and full size washer/dryer in unit. South West corner apartment on the penthouse level at the Island House providing an abundance of natural light and expansive views. Best in-town location only 2 blocks from Worth Avenue and 1 block from

    Heidi Wicky Sotheby's International Realty, Inc.

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

    $3,199,000

    • 2 Beds
    • 2 Baths
    • 1,225 Sq Ft
    • 354 Chilean Ave
    • Palm Beach, FL

    Welcome to Island House, where chic sophistication meets ultimate convenience in this newly renovated 2-bedroom, 2-bathroom condo. Nestled in a boutique, pet-friendly, white-glove building with a dedicated doorman, this stunning residence offers effortless living in the heart of Palm Beach.From your covered parking space just seconds from the rear entrance, you'll be welcomed by a door

    CHUCK POOLE Douglas Elliman

    Section Image
  • 330 Cocoanut Row Unit 12, Palm Beach, FL 33480

    $3,395,000

    • 3 Beds
    • 2 Baths
    • 1,540 Sq Ft
    • 330 Cocoanut Row
    • Unit 12
    • Palm Beach, FL

    One of Palm Beach's favorite boutique buildings now has a 3 bedroom 2 bath apartment for sale. Rarely do 3 bedroom apts come on the market in this desirable location which is 4 blocks from Worth Ave. There is covered parking and 24hr. doorman service. Pets are welcome.

    Liza Pulitzer Brown Harris Stevens of Palm Beach 5225

    Section Image
  • 227 Australian Ave Unit 4C, Palm Beach, FL 33480

    $2,895,000

    • 2 Beds
    • 2 Baths
    • 1,287 Sq Ft
    • 227 Australian Ave
    • Unit 4C
    • Palm Beach, FL

    Discover this elegantly reimagined 2-bedroom, 2-bathroom residence in the heart of Palm Beach. Thoughtfully updated with a brand-new kitchen and baths, the home also features a raised front hall ceiling, creating a grand and inviting entrance. Enjoy the convenience of an in-unit washer/dryer and a pet-friendly policy allowing for two small pets and covered parking. A 24-hour doorperson ensures

    Dana Koch The Corcoran Group

    Section Image
  • 227 Australian Ave, Palm Beach, FL 33480

    $2,850,000

    • 2 Beds
    • 2 Baths
    • 1,287 Sq Ft
    • 227 Australian Ave
    • Palm Beach, FL

    The Melbourne House is considered to be one of Palm Beach's most sought after boutique buildings. This beautifully renovated apartment is located 3 blocks from Worth Ave. The views are south facing which fills the apartment with light throughout the day. There is a 24 hr doorman, covered off street parking, heated pool and many other amenities. The split floor plan is ideal for guests or family

    Liza Pulitzer Brown Harris Stevens of Palm Beach 5225

    Section Image

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1321

APN: 50-43-43-27-63-000-2070