$7,980,000
3 bd · 3 ba · 2,443 sq ft · Stock Cooperative
389 S Lake Drive, Palm Beach FL 33480
For Sale · Active listing
Est. payment $44,202/mo · Mortgage calculator
Listed by Brown Harris Stevens of PB / Ashley Copeland
Contact: 561-596-5959 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
About this home
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.
Facts
- MLS #
- B26027444
- Subdivision
- THREE EIGHTY NINE CORP LES
- Property type
- Residential
- Property subtype
- Stock Cooperative
- Sq. ft.
- 2,443
- Price per sq. ft.
- $3,266 / sq ft
- Year built
- 1967
- Lot size
- 1.55 acres
- Days on market
- 163
- County
- Palm Beach County
- Date listed
- May 11, 2026
- Last updated
- Oct 21, 2026
Financial considerations
- HOA fee
- $10,500 quarterly
- Taxes
- $55,480 (2025)
- HOA amenities
- Bike Storage, Laundry, Community Room, Community Pool, Elevator(s), Heated Pool, Laundry Facility, Maintained Community, Management On Site, Pool, Private Pool, Security Patrol, Trash Chute
Exterior features
- Waterfront
- Yes
- View
- Intracoastal View, Water
- Construction
- CBS Construction
- Parking spaces
- 1
- Roof
- Other Roof/Roof Structure, Other
- Additional features
- East Of Us1, Balcony
Interior features
- Furnished
- Unfurnished
- Heating
- Central Individual A/C
- Cooling
- Central Individual A/C
- Appliances
- Electric Water Heater, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
- Window features
- Complete Impact Glass, Blinds, Drapes, Sliding, Verticals
- Additional features
- Lobby, Built-in Features, Fire Sprinklers, Entrance Foyer, Pantry, Split Bedroom, Walk-In Closet(s), Storage
Additional features
- Pets allowed
- Yes
- Security
- Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Fire Sprinklers, Fire Alarm, Owned Burglar Alarm, Security System, Smoke Detector, Building Security, Doorman, Phone Entry, Intercom In Lobby, Lobby Secured, Lobby Attended, Burglar Alarm, Security Lights, Unit Alarm
- Community
- Buyer Approval Required, Laundry Facilities, Management On Site, Mandatory Hoa, Pool, Sidewalks, Street Lights
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-15). Estimate only.
Local context (our analysis)
Area stats are available for our covered neighborhoods. See neighborhoods.
Source: Southeast Florida MLS (SEFMLS). Last updated Oct 21, 2026, 4:57 PM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.