389 South Lake Drive, Unit 2H

Palm Beach, FL 33480

$2,400,000
Price
2
Beds
2
Baths
1,577 Sq. Ft.
$1,522 / Sq. Ft.
1,577
Sq. Ft.
$1,522
per Sq. Ft.

Description

OUTSTANDING opportunity to live in one of the most sought-after locations in the heart of Palm Beach. This well-maintained and exceptionally managed building is just one block from Worth Avenue next to the Intracoastal Waterway, lake trail, the Australian Docks & Lake Drive Park. A full-service, pet-friendly building designed by the noted architect, Howard Chilton. During the past 5 years, this building has been fully renovated to Miami-Dade Hurricane Code standards. This spacious & gracious end-unit...OUTSTANDING opportunity to live in one of the most sought-after locations in the heart of Palm Beach. This well-maintained and exceptionally managed building is just one block from Worth Avenue next to the Intracoastal Waterway, lake trail, the Australian Docks & Lake Drive Park. A full-service, pet-friendly building designed by the noted architect, Howard Chilton. During the past 5 years, this building has been fully renovated to Miami-Dade Hurricane Code standards. This spacious & gracious end-unit apartment offers a split floor plan with double master bedrooms. The large enclosed light & bright lanai & master bedroom overlook the pool, garden & Intracoastal Waterway. This building features a full-time manager, a 24-hour doorperson & is located just minutes from luxury shopping,
  1. Listed by Suzanne Smith • Brown Harris Stevens of PB
  2. Listed by Mary Peabody Wulsin • Brown Harris Stevens of PB

Property Details for 389 South Lake Drive, Unit 2H

Subdivision
THREE EIGHTY NINE CORP LESSEE
Design
4+ Floors
Waterfront
No
Waterfront Details
Intracoastal Front
View
Garden, Intracoastal, Pool
Furnished
Unfurnished
Style
Co-Op 5+ Stories, No Pool/No Water
LISTING UPDATED: 11/06/2024 08:34 AM

Property Details for 389 South Lake Drive, Unit 2H

StatusActive
MLS #RX-11030664
Days on Market23
Taxes$3,553 / year
HOA Fees$2,688 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo/Coop
Year Built1967
CountyPalm Beach County

Building

THREE EIGHTY NINE CORP LESSEE

41 Units6 StoriesBuilt in 1967

Building Information for 389 South Lake Drive, Unit 2H

Building/ComplexTHREE EIGHTY NINE CORP LESSEEFloor2Stories6Residences41Pet PolicyNot AllowedYear Built1967

Property Information for 389 South Lake Drive, Unit 2H

Summary
Location and General Information
  • ADA Compliant: Accessible Elevator Installed, Entry, Handicap Access, Level, Wheelchair Accessible
  • Property Condition: Resale
  • Directions: Okeechobee Blvd. to Royal Palm Way, south on S. Lake Dr., building on the left, corner of S. Lake Dr. and Peruvian.
  • Geo Area: Palm Beach 5001; 5002; 5003; 5004
  • Special Info: Sold As-Is
  • Street Number: 389
  • Subdivision Complex Bldg: THREE EIGHTY NINE CORP LESSEE
  • Municipal Code: Palm Beach
  • Accessibility Features: Accessible Elevator Installed, Entry, Handicap Access, Level, Wheelchair Accessible
  • State: FL
  • City Postal ID: 33480
  • MLS Area: 5002
  • MLS Sub Area: PB30
Parking
  • Garage Spaces: 0
  • Parking: Assigned Parking, Guest Parking, Open Space Parking
  • Covered Spaces: 0
Taxes and HOA Information
  • Governing Bodies: Coop
  • HOPA: No Hopa
  • Association Deposit: No
  • Tax Year: 2024
  • Application Fee: $100.00
  • Maintenance Fee Incl: Cable, Common Areas, Common R.E. Tax, Elevator, Insurance-Bldg, Insurance-Other, Janitor, Laundry Facilities, Lawn Care, Legal/Accounting, Maintenance-Exterior, Maintenance-Interior, Management Fees, Manager, Parking, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, Water
  • HOA Dues: $2,688
  • Type of Governing Bodies: Coop
Property
Lot Information
  • Area: 5002
  • Front Exp: Southwest
  • HOA Amenities: Mandatory
  • Parcel ID: 50434327630002080
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 1,577
  • Square Ft Source: Floor Plan
  • Ttl Units in Complex: 41
  • Zoning: R-D(2)
  • Front Exposure: Southwest
Property and Assessments
  • Legal Desc: THREE EIGHTY NINE CORP LESSEE APT 2-H
  • Unit Floor #: 2
  • Unit Desc: Corner
  • Sq Ft Liv Area: 1577.0
  • Legal Description: THREE EIGHTY NINE CORP LESSEE APT 2-H
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Concrete Block Construction, Concrete Block With Brick, Metal Construction, Frame With Stucco, Stucco Exterior Construction
  • Equip/Appl Included: Cooktop, Dishwasher, Disposal, Fire Alarm, Ice Maker, Microwave, Refrigerator, Smoke Detector, Storm Shutters, Wall Oven, Water Heater - Elec
  • Exterior Features: Fence, Zoned Sprinkler
  • Private Pool: No
  • Security: Doorman, Lobby, Security Light, TV Camera, Wall
  • Storm Protection: Accordion Shutters: Complete
  • Storm Protection: Impact Glass: Partial
  • Subdiv Amenities: Bike Storage, Elevator, Extra Storage, Library, Lobby, Manager on Site, Pool, Street Lights, Trash Chute
  • Laundry Appliances: None
  • Gated Community YN: No
Interior Features
  • Roof: Tar/Gravel
  • W/D Allowed: Yes
  • Cooling: Ceiling Fan, Central Individual
  • Flooring: Carpet, Marble, Tile
  • Heating: Central Individual, Electric
  • Interior Features: Built-in Shelves, Closet Cabinets, Foyer, Pantry, Split Bedroom, Walk-in Closet
  • Window Treatments: Blinds, Verticals
  • Dining Area: Dining-Living, Eat-In Kitchen
  • Main Level Bedrooms: 2
  • Main Level Bathrooms: 2
  • Guest Accommodations: No
  • Master Bath Features: 2 Master Baths, 2 Master Suites, Combo Tub/Shower, Separate Shower
  • Master Bathroom Description: 2 Master Baths, 2 Master Suites, Combo Tub/Shower, Separate Shower
  • Baths Total: 2
Master Bedroom
  • Primary Bedroom/Bath: 2 Master Baths, 2 Master Suites, Combo Tub/Shower, Separate Shower
Porch
  • PatioFeatures: Balcony
Multi Family
Multi-Family Information
  • Stories: 6.0
Rental
Rental Information
  • Pet Restrictions: Number Limit, Size Limit
  • Maximum Number of Pets: 1
  • Total Weight Limit (Pets): 25
  • Pets on Premises: No
  • Other Fees: $100
  • Minimum Num of Days for Lease: 2 Months
  • Pets Allowed: Yes

Property History for 389 South Lake Drive, Unit 2H

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 389 South Lake Drive, Unit 2H

Taxable ValueLand-Additions-Total-
Tax Record2023$4,301 ($358 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,341 SqFtAbove Grade Finished SqFt1,341 SqFtStyleCooperativeYear Built1967CountyPALM BEACHAPN50-43-43-27-63-000-2080

Schools near 389 South Lake Drive, Unit 2H

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Palm Beach Public School
PublicPK to 5

Conniston Middle School
Public6 to 8

Forest Hill Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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389 South Lake Drive, Unit 2H is a condo for sale in Palm Beach, FL 33480. This property was listed for sale on October 22, 2024 by Brown Harris Stevens of PB, it's currently listed at $2,400,000. This listing's school district is Palm Beach. Nearby schools include Palm Beach Public School, Conniston Middle School and Forest Hill Community High School. 389 South Lake Drive, Unit 2H is a 2-bed, 2-bath, 1,577 sqft condo built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Brown Harris Stevens of PB

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.