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389 S Lake Drive 3h, Palm Beach, FL 33480 (MLS# RX-11159980)

389 S Lake Drive 3h, Palm Beach, FL 33480

$2,500,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,760 Status: Active
Current Price: $2,500,000 Last Modified: 2/13/2026

Description

MAJOR PRICE REDUCTION, BEST IN TOWN VALUE! Renovated to perfection, no cost spared. Full impact doors and windows, new kitchen with Carrara marble counters, new baths, and beautiful wide-plank wood floors throughout the main rooms. Views of the Intracoastal, Town Docks, and the building swimming pool. Conveniently located one street north of Worth Avenue on the corner of Peruvian Avenue and the Town Docks. The 389 Building is professionally managed with a full-time doorman and off-street parking. The building has undergone extensive quality enhancements, resulting in a new, more modern facade.

More Information MLS# RX-11159980

Contract Information

Listing Date: 2026-02-02 Status: Active Original List Price: 3450000 Auction: No List Price: $2,500,000 Current Price: $2,500,000 List Price/SqFt: 1420.45

General Property Description

Type: Condo/Coop Governing Bodies: Coop W/D Allowed: Yes Main Level Bedrooms: 2 Total Bedrooms: 2 Main Level Bathrooms: 2 Baths - Full: 2 Baths - Total: 2 Property Condition: Resale Year Built: 1967 SqFt - Total: 1760 SqFt - Living: 1760 SqFt Source: Floor Plan Gated Community: No Homeowners Assoc: Mandatory HOA/POA/COA (Monthly): 2587.46 Application Fee: 150 Association Deposit: No Membership Fee Required: No Directions: Middle bridge turn right on S Lake Drive, turn left on Peruvian Ave Subdivision: THREE EIGHTY NINE CORP LESSEE Legal Desc: THREE EIGHTY NINE CORP LESSEE APT 3-H Lot SqFt: 67570 Waterfront: Yes Front Exp: Southwest Private Pool: No Unit Floor #: 3 Pets Allowed: Restricted Pets on Premises: No Total Floors/Stories: 6 Total Units in Bldg: 41

Location Tax Legal

Area: 5002 County: Palm Beach Parcel ID: 50434327630003080 Street #: 389 Street Dir: S Street Name: Lake Street Suffix: Drive Unit #: 3h Zip Code: 33480 Geo Lat: 26.702046 Geo Lon: -80.042907

Pet Restrictions

Other Pet Restrictions: 1 pet allowed, 25lb maximum

Terms Considered

Minimum % Down: 50

Storm Protection

Impact Glass: Complete

Property Features

Unit Desc: Exterior Catwalk; Lobby Construction: CBS View: Intracoastal; Pool Waterfront Details: Intracoastal Lot Description: 1 to < 2 Acres Exterior Features: Outdoor Shower Interior Features: Foyer; Split Bedroom; Walk-in Closet Furnished: Unfurnished Rooms: Glass Porch Parking: 2+ Spaces; Open; Vehicle Restrictions Maintenance Fee Incl: Cable; Common Areas; Elevator; Insurance-Bldg; Legal/Accounting; Manager; Pest Control; Trash Removal; Water Pet Restrictions: No Aggressive Breeds; Number Limit; Size Limit Restrict: No Lease First 2 Years; Tenant Approval Security: Doorman; Lobby; Security Sys-Owned Flooring: Tile; Wood Floor Heating: Central Cooling: Central Laundry Appliances Included: Washer and Dryer Dining Area: Dining-Living Roof: Flat Tile Terms Considered: Cash; Conventional Utilities: Public Water Window Treatments: Impact Glass Special Info: Sold As-Is Taxes: Homestead Possession: At Closing

Room Information

Living Room Length: 27.00 Width: 17.00 Length: 27.00 Level: Main Width: 17.00 Kitchen Length: 0.00 Width: 0.00 Length: 0.00 Level: Main Width: 0.00 Master Bedroom Length: 17.00 Width: 14.00 Length: 17.00 Level: Main Width: 14.00 Bedroom 2 Length: 16.00 Width: 15.00 Length: 16.00 Level: Main Width: 15.00
Listing Office: Brown Harris Stevens of PB
Last Updated: February - 13 - 2026
389 S Lake Drive 3h, Palm Beach, FL 33480- MLS# RX-11159980
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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