389 S Lake Drive 3h, Palm Beach, FL 33480

$1,900,000

Virtual Tour

https://www.propertypanorama.com/389-S-Lake-Drive-3h-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,760 Status: Closed

Current Price: $1,900,000 List Date: 2/02/2026 Last Modified: 4/16/2026

Overview

Description

BEST IN TOWN VALUE! Renovated to perfection, no cost spared. Full impact doors and windows, new kitchen with Carrara marble counters, new baths, and beautiful wide-plank wood floors throughout the main rooms. Views of the Intracoastal, Town Docks, and the building swimming pool. Conveniently located one street north of Worth Avenue on the corner of Peruvian Avenue and the Town Docks. The 389 Building is professionally managed with a full-time doorman and off-street parking. The building has undergone extensive quality enhancements, resulting in a new, more modern facade.

Listing Details MLS# R11159980

General Property Information

Total Units In Building: 41
Unit Floor #: 3
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1760
Building Area Source: Plans
Living Area Main: 1760
Year Built: 1967
Gated Community YN: No
Lot Size Area: 67570
Lot Size Acres: 1.55
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 6
Direction Faces: Southwest
Pool Private YN: No
Furnished: Unfurnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Pest Control; Trash; Water Dining Area: Dining/Living Room Exterior Features: Outdoor Shower Flooring: Wood Parking Features: Open Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air Association Type: Co-Op Heating: Central Interior Features: Bedroom Layout - Split; Entrance Foyer; Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Pet Restrictions Possible; Number Limit; Size Limit Possession: Close Of Escrow Restrictions: Parking Restrictions Other Leasing Restrictions: Leasing Prohibited 1st 2 Years; Tenant Approval Roof: Flat Security Features: Lobby - Attended; Security System; Security System Owned; Smoke Detector(s) Special Information: Sold As-Is Tax Information: Homestead Exemption Unit Description: Exterior Catwalk Utilities: Water Available View: Pool Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony; Glass Enclosed; Porch Contingencies: 3rd Party Approval Room Types: Bedroom 2; Kitchen; Living Room; Master Bedroom Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 3450000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 389
Street Direction Prefix: S
Street Name: Lake
Street Suffix: Drive
Unit Number: 3h
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: THREE EIGHTY NINE CORP LESSEE
Area: 5002
Geographic Area: PB30
Elementary School: Palm Beach Public
High School: Forest Hill
Special Assessment YN: No
Parcel Number: 50434327630003080
Zoning: R-D(2)
Directions: Middle bridge turn right on S Lake Drive, turn left on Peruvian Ave

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 2587.46
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 3657.34
Tax Year: 2025
Tax Legal Description: THREE EIGHTY NINE CORP LESSEE APT 3-H

Status Change Information

Major Change Timestamp: 2026-04-16T18:26:42Z
Major Change Type: Status Change
Price Change Timestamp: 2026-02-13T18:26:36Z
Status Change Date: 2026-04-16
Under Contract Date: 2026-03-23
Close Date: 2026-04-16
Close Price: 1900000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Pet Details

Other Pet Restrictions: 1 pet allowed, 25lb maximum

Storm Protection

Impact Glass: Complete

Showing Details

Pet(s) on Premises: No

Room Types

Bedroom 2 Level: Main
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Bedroom 2: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 1420.45

Originating Details

Originating System Key: 20260202155315934758000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Lobby: Yes
None: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Elevator: Yes
Insurance: Yes
Pest Control: Yes
Trash: Yes
Water: Yes

Dining Area

Dining/Living Room: Yes

Exterior Features

Outdoor Shower: Yes

Flooring

Wood: Yes

Parking Features

Open: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

Utilities

Water Available: Yes

View

Pool: Yes

Heating

Central: Yes

Unit Description

Exterior Catwalk: Yes

Water View

Intracoastal: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Free-Standing Freezer: Yes
Ice Maker: Yes
Microwave: Yes
Washer: Yes
Water Heater: Yes

Construction Materials

CBS: Yes

Interior Features

Bedroom Layout - Split: Yes
Entrance Foyer: Yes
Walk-In Closet(s): Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Flat: Yes

Security Features

Lobby - Attended: Yes
Security System: Yes
Security System Owned: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Waterfront Features

Intracoastal: Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Central Air: Yes

Association Type

Co-Op: Yes

Showing Requirements

Call Listing Agent: Yes

Master Bedroom/Bath

Combo Tub/Shower: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Breed Restrictions: Yes
Pet Restrictions Possible: Yes
Number Limit: Yes
Size Limit: Yes

Restrictions

Parking Restrictions: Yes

Other Leasing Restrictions

Leasing Prohibited 1st 2 Years: Yes
Tenant Approval: Yes

Tax Information

Homestead Exemption: Yes

Outdoor Living Spaces

Balcony: Yes
Glass Enclosed: Yes
Porch: Yes

Contingencies

3rd Party Approval: Yes

Acreage Description

1 To Less Than 2 Acre Lot: Yes

Room Information

Room Name	Length	Width	Level
Living Room	27.00	17.00	Main
Kitchen	0.00	0.00	Main
Master Bedroom	17.00	14.00	Main
Bedroom 2	16.00	15.00	Main

Listing Office: Brown Harris Stevens of PB

Last Updated: April - 16 - 2026

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389 S Lake Drive 3h, Palm Beach, FL 33480 (MLS# R11159980)