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315 S Lake Drive Ph-A, Palm Beach, FL 33480 (MLS# R3298638)

315 S Lake Drive Ph-A, Palm Beach, FL 33480

$4,100,000

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http://tours.vht.com/viewer/photogallery.aspx?listingid=50940364&style=idx

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 5,523 Status: Closed

Current Price: $4,100,000 List Date: 10/10/2013 Last Modified: 5/22/2026

Overview

Description

Absolutely stunning 2-story penthouse w/breathtaking direct views of the Intracoastal. Impeccably renovated w/the utmost attention to every detail. Over 5,500sqft includes a 1,000sqft wrap-around balcony that lives like another room. The elegant kitchen opens into the sitting room & is perfect for entertaining or quiet dinners. Truly a sanctuary, the master suite is spacious, serene & perfectly appointed w/spectacular water views, a walk-in closet that is a room in-&-of itself and fabulous take-me-away master bath. Spacious guest rooms boast the same attention to details. This is truly Florida living at its finest! Maintenance Fee includes all utilities, including electric. 24 hour doorman.

Listing Details MLS# R3298638

General Property Information

Number Of Units In Community: 32
Total Units In Building: 32
Unit Floor #: 56
Property Sub Type: Condominium
Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Building Area Main: 5523
Building Area Source: Public Records
Living Area Main: 4521
Year Built: 1969
Carport YN: Yes
Carport Spaces: 2
Covered Spaces: 2
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 6
Direction Faces: West
Pool Private YN: No
Furnished: Unfurnished
LP/Assessed Value: 2.5
Lot Size Area: 0

Property Features

Association Fee Includes: Common Areas; Electricity; Insurance; Maintenance Grounds; Pest Control; Security; Trash; Water Dining Area: Dining/Living Room; Formal Dining; Snack Bar/Counter Flooring: Carpet; Marble; Parquet Parking Features: Covered; Guest; On Street Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air; Zoned Association Type: Condominium Heating: Central; Zoned Interior Features: Bedroom Layout - Split; Entrance Foyer; French Doors; Pantry; Roman Tub; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet; Washer Hookup; Dryer Hookup Levels: Multi/Split Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions Other Leasing Restrictions: Tenant Approval Security Features: Lobby - Attended; Security System; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County; Homestead Exemption Unit Description: Penthouse Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal Window Features: Drapes Showing Requirements: Appointment Only; Listing Agent Must Accompany Outdoor Living Spaces: Patio; Porch Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Den; Family Room; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 5500000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 315
Street Direction Prefix: S
Street Name: Lake
Street Suffix: Drive
Unit Number: Ph-A
City Name: Palm Beach
State Or Province: FL
Postal Code: 33480
Postal Zip: 33480
Subdivision Name: Southlake Condo
Area: 5002
Geographic Area: PB30
Special Assessment YN: No
Parcel Number: 50434322170050010
Zoning: RD-1
Directions: Royal Palm Way west to last left before middle bridge; 1st bldg on East

Financial Information

Association YN: Yes
Association Fee: 4518
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 40936
Tax Year: 2011
Tax Assessed/SOH Value: 2201800
Tax Legal Description: SOUTHLAKE CONDOMINIUM PH-A & APT 5-A

Status Change Information

Major Change Timestamp: 2013-11-21T16:51:53Z
Major Change Type: Status Change
Status Change Date: 2013-11-21
Under Contract Date: 2013-11-11
Close Date: 2013-11-19
Close Price: 4100000
Buyer Financing: Assumed

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Short Sale Details

Short Sale Addendum: No

Leasing Restrictions

Leasing - Max Times Per Year: Yes

Room Types

Kitchen Level: Upper
Living Room Level: Upper
Master Bedroom Level: Lower
Bedroom 2: Yes
Bedroom 3: Yes
Bedroom 4: Yes
Den: Yes
Family Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 906.87
Original List Price To Close Price: 1.34

Originating Details

Originating System Key: 20130205102254989545000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Boating: Yes
Elevator(s): Yes
Jogging Path: Yes
Lobby: Yes
Parking: Yes
Pool: Yes

Association Fee Includes

Common Areas: Yes
Electricity: Yes
Insurance: Yes
Maintenance Grounds: Yes
Pest Control: Yes
Security: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Dining Area

Dining/Living Room: Yes
Formal Dining: Yes
Snack Bar/Counter: Yes

Flooring

Carpet: Yes
Marble: Yes
Parquet: Yes

Parking Features

Covered: Yes
Guest: Yes
On Street: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes
Zoned: Yes

Unit Description

Penthouse: Yes

Water View

Intracoastal: Yes

Window Features

Drapes: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes

Construction Materials

CBS: Yes

Interior Features

Bedroom Layout - Split: Yes
Entrance Foyer: Yes
French Doors: Yes
Pantry: Yes
Roman Tub: Yes
Walk-In Closet(s): Yes

Laundry Features

Inside: Yes
Laundry Closet: Yes
Washer Hookup: Yes
Dryer Hookup: Yes

Levels

Multi/Split: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Lobby - Attended: Yes
Security System: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Waterfront Features

Intracoastal: Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Central Air: Yes
Zoned: Yes

Association Type

Condominium: Yes

Showing Requirements

Appointment Only: Yes
Listing Agent Must Accompany: Yes

Master Bedroom/Bath

Dual Sinks: Yes
Separate Shower: Yes
Spa Tub & Shower: Yes

Pets Allowed YN

Yes: Yes

Restrictions

Buyer Approval Required: Yes
Lease Restrictions: Yes

Other Leasing Restrictions

Tenant Approval: Yes

Tax Information

City/County: Yes
Homestead Exemption: Yes

Outdoor Living Spaces

Patio: Yes
Porch: Yes

Room Information

Room Name	Length	Width	Level	Remarks
Living Room	30.00	16.00	Upper	Upper Level
Kitchen	20.00	10.00	Upper	Upper Level
Family Room	18.00	15.00
Master Bedroom	25.00	14.00	Lower	Lower Level
Bedroom 2	19.00	14.00
Bedroom 3	16.00	15.00
Bedroom 4	19.00	16.00
Den	16.00	14.00
Laundry

Listing Office: Brown Harris Stevens of PB

Last Updated: May - 22 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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315 S Lake Drive Ph-A, Palm Beach, FL 33480 (MLS# R3298638)