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For Sale
Listed on May 11, 2026

389 S LAKE DR, Unit Phb

$7,980,000
3 Beds
3 Baths
2,443 sqft
1 Parking
HOA fees:
$10,500
Annual Tax:
$55,480
Occupancy:
-
Year Built:
1967
Stories:
6
Days on market:
61 days ago

Description

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.
Brown Harris Stevens of PB

Features & Details

Learn about the features and details of 389 S LAKE DR, Unit Phb

Property Details

  • Property Type
    Condominium
  • Living Area
    2,443 sqft
  • Year Built
    1967
  • Lot Size
    -
  • Stories
    6 Stories
  • Annual Tax
    $55,480
  • List Date
    5/11/2026
  • Updated
    6/26/2026
  • Last Checked
    Recent
  • MLS Number
    #B26027444
  • Brokerage
    Brown Harris Stevens of PB
  • Postal Code
    33480
  • Area
    Palm Beach
  • City
    Palm Beach

Additional Property Features

  • Occupancy
    Available
  • List Price
    $7,980,000
  • Unit Number
    Phb
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    Assigned, Covered, Deeded, Guest
  • Pets Allowed
    NoPetRestrictions
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None,Association,Community,Heated
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    Cable
  • Furnished
    Unfurnished
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    Built in oven, Dryer, Dishwasher, Electric range, Electric water heater, Disposal, Ice maker, Microwave, Refrigerator, Self cleaning oven, Washer
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    3 Bed, 3 Bath
  • Rooms Above Grade
    3
  • Bedrooms
    3
  • Full Bathrooms
    3
  • Ensuite
    Yes
  • Bathrooms
    3
  • Flooring
    Mixed

Rooms

  • PrimaryBedroom
    null x null - null Level
  • LivingRoom
    null x null - null Level
  • Kitchen
    null x null - null Level

Price history

Learn about the price history of 389 S LAKE DR, Unit Phb

Amenities

Discover the amenities available at 389 S LAKE DR, Unit Phb

  • Bike storage
  • Clubhouse
  • Laundry
  • Management
  • Maintenance
  • Pool

Real estate trends

View trends of price in Palm Beach over the last 12 months

Explore Palm Beach

Learn about the area around 389 S LAKE DR, Unit Phb

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FAQs About 389 S LAKE DR, Unit Phb

389 S LAKE DR, Unit Phb, MLS® B26027444 has a size of 2443 sqft.

There are 3 bedrooms and 3 bathrooms in this Condo at 389 S LAKE DR, Unit Phb, MLS® B26027444.

Yes, there is parking available with 1 spot(s).

Annual taxes for this home are $55,480 based on 2025 tax year reports.

The monthly HOA fees covers parking for the unit.

The building's pet policy is as follows: NoPetRestrictions. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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389 S LAKE DR, Unit Phb
389 S LAKE DR, Unit Phb