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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.
Property Details
Price: $7,980,000
Sq Ft: 2,443
($3,266 per
sqft)
Bedrooms: 3
Bathrooms: 3
Unit On Floor: 6
City: Palm Beach
County: Palm Beach
Type: Co-Op
Development: Three Eighty Nine Corp Lessee
Acres: 1.5500
Virtual Tour/Floorplan:
View
Year Built: 1967
Listing Number: B26027444
Status Code: A-Active
Taxes: $55,480.63
Tax Year: 2025
Garage:
Furnishings: Unfurnished
Pets Allowed: Yes, Dogs OK, Pet Restrictions Possible
Interior Features:
Built-in Features
Entrance Foyer
Pantry
Walk-In Closet(s)
Bedroom Layout - Split
Storage
Amenities:
Elevator(s)
Laundry
Management
Parking
Pool
Manager On Site
Trash Chute
Bike Storage
Community Room
Heated Pool
Lobby
Sidewalks
Street Lights
Security
Maintenance
Financial Information:
Taxes: $55,480.63
Tax Year: 2025
Association Fee: $10,500.00
Association Fee Frequency: Quarterly
Exterior Features:
Balcony
Equipment:
Electric Water Heater
Cooktop
Dryer
Disposal
Dishwasher
ENERGY STAR Qualified Refrigerator
Electric Range
Ice Maker
Microwave
Oven
Refrigerator
Water Heater
Washer
Electric Cooktop
Freezer
View:
Water
Intracoastal
Marina
Waterfront Description:
Intracoastal
School Information:
Elementary School: Palm Beach Public
High School: Forest Hill
Additional Information:
Building Description: Traditional
MLS Area: 5002
Total Square Footage: 3,337
Price per Square Feet: $3,266.47
Total Rooms: 3
Total Floors: 6
Water: Public
Construction: Cbs
Date Listed: 2026-05-12 00:00:00
Furnished: Unfurnished
Windows: Blinds, Drapes, Storm Window(S), Sliding
Parking: Assigned, Covered, Deeded, Guest
Flooring: Marble, Wood, Mexican Tile
Roof: Other
Heating: Central Individual
Cooling: Central Individual
Security: Building Security, Fire Alarm, Fire Sprinkler System, Smoke Detector(S), Security Lights, Security System Owned, Security System, Entry - Phone/Intercom, Lobby - Attended
Laundry: Laundry Closet
Pets: Yes, Dogs Ok, Pet Restrictions Possible
Restrictions: Buyer Approval Required, No Smoking
Sewer: Public Sewer
Parcel ID: 504343276300060
Amenities: Elevator(S), Laundry, Management, Parking, Pool, Manager On Site, Trash Chute, Bike Storage, Community Room, Heated Pool, Lobby, Sidewalks, Street Lights, Security, Maintenance
Map of 389 S Lake Dr #Phb, Palm Beach, FL 33480
Listing Courtesy Of: Brown Harris Stevens Of Pb
acopeland@bhspalmbeach.com