$2,200,000

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

Estimated payment $15,587/month

Total Views 2,629
2 Beds
2 Baths
1,577 Sq Ft
$1,395 Price per Sq Ft

Highlights

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

About This Home

OUTSTANDING opportunity to live in one of the most sought-after locations in the heart of Palm Beach. This well-maintained and exceptionally managed building is just one block from Worth Avenue next to the Intracoastal Waterway, lake trail, the Australian Docks & Lake Drive Park. A full-service, pet-friendly building designed by the noted architect, Howard Chilton. During the past 5 years, this building has been fully renovated to Miami-Dade Hurricane Code standards. This spacious & gracious end-unit apartment offers a split floor plan with double master bedrooms. The large, enclosed light & bright lanai & master bedroom overlook the pool, garden & Intracoastal Waterway. This building features a full-time manager, a 24-hour doorperson & is located just minutes from luxury shopping, theatre, museums & the Palm Beach International Airport. Palm Beach is one of the most exclusive destinations in the world with sun-drenched sands, swaying palms & a glorious blue ocean. Worth Avenue was voted one of the top three "Most Iconic" streets in America. Reflecting the lifestyle of Palm Beach & stretching 4 blocks from Lake Worth to the Atlantic Ocean, Worth Avenue includes a myriad of upscale shops, boutiques, restaurants & art galleries. The Raymond F. Kravis Center for the Performing Arts is just minutes away. Do not miss the opportunity to be enchanted by Palm Beach's balmy weather & tropical environment while enjoying your beautiful apartment & gracious living.

Listing Agent

Suzanne Smith

Brown Harris Stevens of Palm Beach 5225 License #3028584

Brown Harris Stevens of Palm Beach 5225

Co-Listing Agent

POLLY WULSIN

Brown Harris Stevens of Palm Beach 5225 License #3027756

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 1967

Lot Details

  • Property fronts an intracoastal waterway
  • Southwest Facing Home
  • Sprinkler System
  • Land Lease

HOA Fees

  • $3,012 Monthly HOA Fees

Interior Spaces

  • 1,577 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Storage

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327630002080

Community Details

Overview

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

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Lobby

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

$3,553

Year Built

Built in 1967

Lot Details

0

HOA Fees

$3,012 per month

Listing Details

  • Property Sub Type: Co-op
  • Prop. Type: Condo/Co-Op
  • Directions: Okeechobee Blvd. to Royal Palm Way, south on S. Lake Dr., building on the left, corner of S. Lake Dr. and Peruvian.
  • 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: 3553.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 1577.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 3012.0
  • 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
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Security System: 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:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Exposure of Unit:West2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pets:Pet Type: Cat or Dog
  • Maintenance Includes:Cable TV: Yes
  • Land:Land Leased: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Ice Maker, Oven-Single, Microwave, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, W/W Carpeting, Other Flooring
  • Interior Amenities: Cable, Ceiling Fan, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1577.0
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Other (See Remarks)8: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Storm Shutters, Sprinkler System, Impact Doors, Impact Windows, Lobby
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Security System, Other 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, Taxes

Lot Info

  • Development Status: Land Leased
  • Parcel #: 50434327630002080
  • Zoning: R-D(2) - Heavy Density Residential

Rental Info

  • Pets Other: One pet

Multi Family

  • Number Of Units Total: 41
  • Maintenance Expense: 3012.0

Tax Info

  • Tax Annual Amount: 3553.0
  • Tax Year: 2024

Map

Range of Values:

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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
01/27/2025 01/27/25 Price Changed $2,200,000 -8.3% $1,395 / Sq Ft
10/22/2024 10/22/24 For Sale $2,400,000 -- $1,522 / Sq Ft
Source: Palm Beach Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Leasehold Conv With An Agreement Of Sale Hawaii -- Attorney
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 24-1524

APN: 50-43-43-27-63-000-2080

Florida Palm Beach County Palm Beach 33480

389 S Lake Dr Unit 2H, Palm Beach, FL

Homes for Sale in Palm Beach, FL

This home is located at 389 S Lake Dr Unit 2H, Palm Beach, FL 33480 and is currently priced at $2,200,000, approximately $1,395 per square foot. This property was built in 1967. 389 S Lake Dr Unit 2H is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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Listing Agent
Suzanne Smith
Section Image
Brown Harris Stevens of Palm Beach 5225
(561) 915-1339