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
Auction: No
List Price/SqFt: 1420.45
Listing Date: 2026-02-02
Status: Active
Original List Price: 3450000
List Price: $2,500,000
Current Price: $2,500,000
General Property Description
Governing Bodies: Coop
W/D Allowed: Yes
Main Level Bedrooms: 2
Main Level Bathrooms: 2
Property Condition: Resale
SqFt - Total: 1760
Waterfront: Yes
SqFt Source: Floor Plan
Gated Community: No
Covered Spaces: 0
Homeowners Assoc: Mandatory
Pets Allowed: Restricted
Pets on Premises: No
Front Exp: Southwest
HOA/POA/COA (Monthly): 2587.46
Unit Floor #: 3
Application Fee: 150
Association Deposit: No
Directions: Middle bridge turn right on S Lake Drive, turn left on Peruvian Ave
Total Units in Bldg: 41
Membership Fee Required: No
Private Pool: No
Type: Condo/Coop
Total Bedrooms: 2
Baths - Full: 2
Baths - Total: 2
Year Built: 1967
SqFt - Living: 1760
Subdivision: THREE EIGHTY NINE CORP LESSEE
Legal Desc: THREE EIGHTY NINE CORP LESSEE APT 3-H
Lot SqFt: 67570
Total Floors/Stories: 6
Location, Tax & Legal
Geo Area: PB30
Country: United States
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2025
Zoning: R-D(2)
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 3657.34
Special Assessment: No
REO: No
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
Office/Member Info
DXORIGMLNO: RX-11159980
DXORIGMLSID: RML
Unit Desc
Exterior Catwalk: 1
Lobby: 1
Construction
CBS: 1
Master Bedroom/Bath
Combo Tub/Shower: 1
View
Intracoastal: 1
Pool: 1
Rooms
Glass Porch: 1
Waterfront Details
Intracoastal: 1
Lot Description
1 to < 2 Acres: 1
Special Info
Sold As-Is: 1
Equip/Appl Included
Dishwasher: 1
Dryer: 1
Freezer: 1
Ice Maker: 1
Microwave: 1
Range - Electric: 1
Smoke Detector: 1
Water Heater - Elec: 1
Laundry Appliances Included
Washer and Dryer: 1
Cooling
Central: 1
Heating
Central: 1
Exterior Features
Outdoor Shower: 1
Furnished
Unfurnished: 1
Interior Features
Foyer: 1
Split Bedroom: 1
Walk-in Closet: 1
Flooring
Tile: 1
Wood Floor: 1
Porch/Patio/Balcony
Balcony: 1
Utilities
Public Water: 1
Parking
2+ Spaces: 1
Open: 1
Vehicle Restrictions: 1
Pet Restrictions
No Aggressive Breeds: 1
Number Limit: 1
Size Limit: 1
Other Pet Restrictions: 1 pet allowed, 25lb maximum
Restrict
No Lease First 2 Years: 1
Tenant Approval: 1
Security
Doorman: 1
Lobby: 1
Security Sys-Owned: 1
Roof
Flat Tile: 1
Subdiv. Amenities
None: 1
Maintenance Fee Incl
Cable: 1
Common Areas: 1
Elevator: 1
Insurance-Bldg: 1
Legal/Accounting: 1
Manager: 1
Pest Control: 1
Trash Removal: 1
Water: 1
Terms Considered
Cash: 1
Conventional: 1
Minimum % Down: 50
Possession
At Closing: 1
Window Treatments
Impact Glass: 1
Storm Protection
Impact Glass: Complete
Dining Area
Dining-Living: 1
Taxes
Homestead: 1
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
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