389 S Lake Drive, #Phb
Palm Beach, FL 33480
$7,980,000
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.
| MLS#: | B26027444 |
|---|---|
| Status: | Active |
| Living Area: | 2,443 |
| Waterfront?: | Yes |
| Association: | Three Eighty Nine Corp Lessee |
| Year Built: | 1967 |
| Amenities: | BikeStorage, Clubhouse, MaintenanceGrounds, Laundry, Management, Pool, Parking, Security, Sidewalks, Trash, Elevators |
| Association?: | Yes |
| Covered Spaces: | 0.0 |
| Direction Faces: | Southwest |
| Elementary School: | Palm Beach Public |
| High School: | Forest Hill |
| Interior Features: | BuiltInFeatures, Bathtub, EntranceFoyer, LivingDiningRoom, Pantry, SplitBedrooms, Storage, SoakingTub, SeparateShower, WalkInClosets |
| Land Lease Amount: | $179,550 |
| Land Lease Expiration Date: | 2058-01-01 |
| Laundry Features: | LaundryCloset, WasherDryerInstallAllowed |
| Levels: | One |
| Financing Type: | Cash |
| Parking Features: | Assigned, Covered, Deeded, Guest |
| Security Features: | SecuritySystemOwned, SecuritySystem, BuildingSecurity, FireAlarm, FireSprinklerSystem, LobbySecured, PhoneEntry, SmokeDetectors, SecurityLights |
| Zoning: | R-D(2) (city) |
| Pets Comments: | Other Pet Restrictions:1 pet 25 lbs. max |
| Price: | $7,980,000.00 |
|---|---|
| Property Type: | StockCooperative |
| Total Area: | 3337.0 |
| Waterfront Type: | IntracoastalAccess |
| Association Fee: | $10,500 |
| Architectural Style: | Traditional |
| Association Fee Paid: | Quarterly |
| Association Fee Includes: | CommonAreas, CableTv, Insurance, LegalAccounting, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, ReserveFund, Sewer, Security, Trash |
| Exterior Features: | Balcony, OutdoorLivingArea |
| Flooring: | Marble, Tile, Wood |
| Furnished: | Unfurnished |
| Land Lease Amount Frequency: | Quarterly |
| Land Lease?: | Yes |
| Lot Size Area: | 67570.0 |
| Pets Allowed: | DogsOk, PetRestrictions, Yes |
| Pool Features: | Association, Heated |
| Stories: | 6 |
| Utilities: | CableAvailable, ElectricityAvailable, SewerAvailable, WaterConnected |
| View: | Intercoastal, Marina, Water |
| Window Features: | Blinds, Drapes, Sliding, StormWindows |
| Pets Allowed?: | Yes |
Listing Courtesy of: Brown Harris Stevens of PB
Listing Agent: Ashley Copeland
561-596-5959
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BeachesMLS data last updated on October 09, 2026 12:32 AM - ET
Property Last Updated: October 09, 2026 12:32 AM - ET
