389 S Lake Drive Pha, Palm Beach, FL 33480
New Listing
$7,950,000
Property Type:
Residential
Bedrooms:
2
Baths:
3
Square Footage:
3,337
Status:
Active
Current Price:
$7,950,000
List Date:
3/09/2026
Last Modified:
3/13/2026
Description
Relish one of the best water views in all of Palm Beach from this spacious penthouse with over 1,300 sf of wrap around terraces, perfect for outdoor entertaining and enjoyment with views up and down the Intracoastal. Located on the Intracoastal waterway overlooking the Peruvian town docks. The apartment has a spacious open floor plan for living room, dining area and kitchen, with split bedrooms, with each room overlooking the Intracoastal. An added bonus is a one-bedroom guest apartment downstairs on the ground floor. One covered parking with additional outdoor parking. Pet friendly. Excellent full-service building with 24 hr. doorperson, heated pool and only steps to world class shopping on Worth Avenue, restaurants and the beach.
More Information MLS# R11170010
Contract Information
Comp Sale YN: No
Listing Contract Date: 2026-03-05
Status: Active
Original List Price: 7950000
List Price: $7,950,000
Current Price: $7,950,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Special Assessment YN: No
Country: United States
Street Number: 389
Street Direction Prefix: S
Street Name: Lake
Street Suffix: Drive
Unit Number: Pha
State Or Province: FL
Postal Code: 33480
Subdivision Name: THREE EIGHTY NINE CORP LESSEE
Area: 5002
Elementary School: Palm Beach Public
Middle Or Junior School: Conniston Community
High School: Forest Hill
Parcel Number: 50434327630006010
Zoning: R-D(2)
Directions: On corner of S Lake Dr. and Peruvian Ave
General Property Information
Unit Floor #: 6
Living Area Main: 2100
Living Area Source: Owner
Accessibility Features YN: No
Attached Carport YN: No
Gated Community YN: No
Lot Size Area: 0
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 6
Stories: 1
Pool Private YN: No
Washer/Dryer Allowed YN: Yes
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: 1
Building Area Main: 3337
Building Area Source: Public Records
Year Built: 1967
Carport YN: 1
Carport Spaces: 1
Covered Spaces: 1
Parking Total: 1
Waterfront YN: 1
Direction Faces: West
Financial Information
Association Deposit YN: No
Application Required YN: Yes
Association Membership: Mandatory
Association Email: N/A
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 330.04
Membership Fee Required YN: No
Association YN: 1
Association Fee: 3960.5
Association Fee Frequency: Monthly
Tax Annual Amount: 58240.7
Tax Year: 2025
Tax Legal Description: THREE EIGHTY NINE CORP LESSEE PENTHOUSE A
Office/Member Information
DXORIGMLSID: RML
Application Fee Details
Application Fee Required: Yes
Application Fee: 100
Application Information
Personal Interview Required: 1
Amenities
Bike Storage: 1
Community Room: 1
Elevator(s): 1
Internet Included: 1
Laundry: 1
Lobby: 1
Management: 1
Manager On Site: 1
Parking: 1
Pool: 1
Storage: 1
Street Lights: 1
Trash Chute: 1
Association Fee Includes
Cable TV: 1
Common Areas: 1
Common Real Estate Tax: 1
Elevator: 1
Insurance: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Pest Control: 1
Security: 1
Sewer: 1
Trash: 1
Water: 1
Dining Area
Dining/Living Room: 1
Flooring
Ceramic Tile: 1
Marble: 1
Parking Features
Assigned: 1
Guest: 1
Carport: 1
Detached Carport: 1
Parking Information
Open Parking Spaces: 1
Property Condition
Resale: 1
Structure Type
Multi Family: 1
Possession
Close Of Escrow: 1
Qualifying Requirements
Minimum Credit Score YN: Yes
Minimum Credit Score: 650
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
Heating
Central Individual: 1
Sprinkler Description
Auto Sprinkler: 1
Leasing Restrictions
Leasing - Max Times Per Year: 1
Leasing - Minimum Number of Days: 60
Unit Description
Corner/End Unit: 1
Exterior Catwalk: 1
Penthouse: 1
Water View
Intracoastal: 1
Window Features
Sliding: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Free-Standing Freezer: 1
Ice Maker: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Interior Features
Bar: 1
Bedroom Layout - Split: 1
Entrance Foyer: 1
Kitchen Island: 1
Pantry: 1
Storage: 1
Walk-In Closet(s): 1
Listing Terms
Cash: 1
Road Frontage Type
East of US-1: 1
Security Features
Closed Circuit Camera(s): 1
Fire Sprinkler System: 1
Lobby - Attended: 1
Security System: 1
Security System Owned: 1
Water Source
Public: 1
Waterfront Features
Intracoastal: 1
Cooling
Central Individual: 1
Association Type
Co-Op: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Call Listing Office: 1
Vacant: 1
Main Level Rooms
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Master Bedroom/Bath
Combo Tub/Shower: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Pet Restrictions Possible: 1
Number Limit: 1
Size Limit: 1
Pet Details
Pet Fee YN: No
Other Pet Restrictions: 1 pet ONLY, 24lb max.
Restrictions
Buyer Approval Required: 1
Lease Restrictions: 1
Other Leasing Restrictions
Tenant Approval: 1
Storm Protection
Impact Glass: Complete
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Covered: 1
Balcony - Wrap Around: 1
Room Types
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Buyer Details
Country of Origin: United States
Price Calculations
Current Price To SqFt: 2382.37
Status Change Information
Major Change Timestamp: 2026-03-09T15:02:44Z
Major Change Type: New Listing
Status Change Date: 2026-03-09
Originating Details
Originating System Key: 20260303161651432692000000
Originating System ID: M00000170
Property Features
Application Information: Personal Interview Required
Association Fee Includes: Cable TV; Common Areas; Common Real Estate Tax; Elevator; Insurance; Maintenance Grounds; Maintenance Structure; Pest Control; Security; Trash; Water
Dining Area: Dining/Living Room
Flooring: Ceramic Tile; Marble
Parking Features: Assigned; Guest; Carport; Detached Carport
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer
Construction Materials: CBS
Cooling: Central Individual
Association Type: Co-Op
Heating: Central Individual
Interior Features: Bar; Bedroom Layout - Split; Entrance Foyer; Kitchen Island; Pantry; Storage; Walk-In Closet(s)
Listing Terms: Cash
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible; Number Limit; Size Limit
Possession: Close Of Escrow
Restrictions: Buyer Approval Required; Lease Restrictions
Other Leasing Restrictions: Tenant Approval
Road Frontage Type: East of US-1
Security Features: Closed Circuit Camera(s); Fire Sprinkler System; Lobby - Attended; Security System; Security System Owned
Sewer: Public Sewer
Special Information: Sold As-Is
Sprinkler Description: Auto Sprinkler
Structure Type: Multi Family
Tax Information: City/County
Unit Description: Corner/End Unit; Exterior Catwalk; Penthouse
Utilities: Cable Available; Sewer Available; Water Available
Water Source: Public
Water View: Intracoastal
Waterfront Features: Intracoastal
Window Features: Sliding
Showing Requirements: Appointment Only; Call Listing Agent; Call Listing Office; Vacant
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Covered; Balcony - Wrap Around
Room Types: Kitchen; Living Room; Master Bedroom
Room Information
Living Room
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Kitchen
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Master Bedroom
Length: 1.00
Length: 1.00
Width: 1.00
Width: 1.00
Level: Main
Listing Office:
Brown Harris Stevens of PB
Last Updated: March - 13 - 2026
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