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389 S Lake Drive 2b, Palm Beach, FL 33480 (MLS# R10548262)

389 S Lake Drive 2b, Palm Beach, FL 33480

$1,500,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,655 Status: Closed
Current Price: $1,500,000 List Date: 7/22/2019 Last Modified: 5/09/2026

Overview

Listing Details MLS# R10548262

General Property Information

Total Units In Building
41
Unit Floor #
2
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1655
Building Area Source
Other
Living Area Main
1936
Year Built
1967
Carport YN
Yes
Carport Spaces
Yes
Covered Spaces
Yes
Lot Size Area
67570
Lot Size Acres
1.55
Senior Community YN
No
Stories Total
6
Direction Faces
Southwest
Pool Private YN
No
Furnished
Unfurnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Insurance; Maintenance Grounds; Water Dining Area: Kitchen Dining Electric: Three Phase Fireplace Features: Decorative Flooring: Carpet; Marble; Wood Parking Features: Covered; Deeded Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Oven; Refrigerator; Washer; Water Purifier Water Purifier Details: Water Purifier Owned Architectural Style: Other Construction Materials: Other Cooling: Central Air Association Type: Condominium Heating: Central; Electric Interior Features: Bedroom Layout - Split; Built-in Features; Custom Mirrors; Entrance Foyer; Walk-In Closet(s) Laundry Features: Inside; Washer Hookup; Dryer Hookup Listing Terms: Cash Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible; Number Limit Possession: Close Of Escrow Restrictions: Buyer Approval Required Security Features: Lobby - Attended Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Unit Description: Exterior Catwalk Utilities: Cable Available; Sewer Available; Water Available Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal; Navigable Water Showing Requirements: Appointment Only; Call Listing Agent Contingencies: None Room Types: Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1595000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
389
Street Direction Prefix
S
Street Name
Lake
Street Suffix
Drive
Unit Number
2b
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
THREE EIGHTY NINE CORP LESSEE
Area
5002
Geographic Area
PB30
Special Assessment YN
Yes
Parcel Number
50434327630002020
Zoning
R-D(2)
Directions
Okeechobee East over bridge to Palm Beach. Right on Lake Dr.

Financial Information

Association YN
Yes
Association Fee
2000
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
15927.7
Tax Year
2018
Tax Legal Description
THREE EIGHTY NINE CORP LESSEE APT 2-B

Status Change Information

Major Change Timestamp
2020-02-18T22:20:04Z
Major Change Type
Status Change
Status Change Date
2020-02-18
Under Contract Date
2019-12-31
Close Date
2020-02-18
Close Price
1500000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Parking Information

Open Parking Spaces
Yes

Short Sale Details

Short Sale Addendum
No

Land Lease Information

Land Lease Remarks
4/23/2058

Storm Protection

Impact Glass
Complete

Room Types

Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
774.79
Original List Price To Close Price
1.06

Originating Details

Originating System Key
20190719202859714590000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

Elevator(s)
Yes

Association Fee Includes

Cable TV
Yes
Common Areas
Yes
Insurance
Yes
Maintenance Grounds
Yes
Sewer
Yes
Water
Yes

Dining Area

Kitchen Dining
Yes

Electric

Three Phase
Yes

Fireplace Features

Decorative
Yes

Flooring

Carpet
Yes
Marble
Yes
Wood
Yes

Parking Features

Covered
Yes
Deeded
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Information

Sold As-Is
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes
Electric
Yes

Unit Description

Exterior Catwalk
Yes

Water View

Intracoastal
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Oven
Yes
Refrigerator
Yes
Washer
Yes
Water Purifier
Yes

Construction Materials

Other
Yes

Interior Features

Bedroom Layout - Split
Yes
Built-in Features
Yes
Custom Mirrors
Yes
Entrance Foyer
Yes
Walk-In Closet(s)
Yes

Laundry Features

Inside
Yes
Washer Hookup
Yes
Dryer Hookup
Yes

Listing Terms

Cash
Yes

Security Features

Lobby - Attended
Yes

Water Source

Public
Yes

Waterfront Features

Intracoastal
Yes
Navigable Water
Yes

Water Purifier Details

Water Purifier Owned
Yes

Architectural Style

Other
Yes

Cooling

Central Air
Yes
Electric
Yes

Association Type

Condominium
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes

Master Bedroom/Bath

Spa Tub & Shower
Yes
Whirlpool Tub
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

Pet Restrictions Possible
Yes
Number Limit
Yes

Restrictions

Buyer Approval Required
Yes

Tax Information

City/County
Yes

Contingencies

None
Yes

Acreage Description

1 To Less Than 2 Acre Lot
Yes

Room Information

Room Name Length Width Level Remarks
Living Room 26.20 14.60 First Living/Dining Rm
Kitchen 13.90 10.70 First Galley w/Laundry
Master Bedroom 23.40 15.60 First Bedroom & Seating Area
Laundry
Listing Office: Sotheby's Intl. Realty, Inc.
IDX
Last Updated: May - 09 - 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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