389 S Lake Drive #Phb, Palm Beach, FL 33480

Palm Beach
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
389 S Lake Drive #Phb,Palm Beach, FL 33480
$7,980,000
Virtual Tour
  • 3 Beds
  • 3 Baths
  • 2,443 sq. ft.
  • Co-op
  • Active
Listed by: ashley drew copeland
Office: brown harris stevens of pb
MLS#:B26027444
Source:RMLS

Price summary

  • Price:$7,980,000
  • Price per sq. ft.:$2,391.37
  • Monthly HOA dues:$3,500

About this home

Absolutely breathtaking panoramic views of the Intracoastal Waterway await from the expansive wraparound terraces of this exceptional penthouse, offering some of the finest vistas in Palm Beach. Rarely available, this elegant 3-bedroom, 3-bath residence lives like a private home and showcases timeless architectural details, including beautiful herringbone wood flooring throughout. Designed for both gracious entertaining and relaxed coastal living, every room opens to idyllic terraces with stunning water views. The handsome wood-paneled den, complete with a full bath and oversized walk-in closet, easily serves as a third bedroom or private office. Additional features include soaring ceilings, a spacious kitchen, impact sliding doors, and a convenient laundry closet. Ideally located at prestigious 389 South Lake, just one street from Worth Avenue, this remarkable residence is within walking distance to world-class shopping, fine dining, and the beach.

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Home facts

  • Year built:1967
  • Subdivision & Development:THREE EIGHTY NINE CORP LESSEE
  • Listing ID #:B26027444
  • Added:134 day(s) ago
  • Updated:September 24, 2026 at 01:20 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Marble, Tile, Wood
  • Kitchen Description:Dishwasher, Disposal, Freezer, Microwave, Refrigerator
  • Living area:2,443 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Other
  • Year built:1967
  • Building area:2,443 sq. ft.
  • Lot area:1.55 Acres
  • Architectural Style:Traditional
  • Construction Materials:Block
  • Levels:3 or More Stories

Schools

  • High school:Forest Hill
  • Elementary school:Palm Beach Public

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$7,980,000
  • Price per sq. ft.:$2,391.37
  • Tax amount:$55,481 (2025)

Features and amenities

  • Appliances:Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Laundry, Washer
  • Pool features:Association, Heated, Pool

Parking

  • Total parking spaces:1
  • Parking description:Assigned, Covered, Deeded, Guest
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. RMLS Member Broker: Gene Whiddon III <gwhiddon@bhgfirst.com>

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