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Beaches Multiple Listing ServiceNational Association of RealtorsEqual Housing Opportunity

Listing data: BeachesMLS. Information not verified for authenticity or accuracy and not guaranteed; may not reflect all real estate activity in the market. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User.

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  4. 389 S Lake Drive Phb, Palm Beach, FL 33480

Palm Beach · FL

389 S Lake Drive Phb, Palm Beach, FL 33480

Palm Beach, FL 33480

Status: ActiveHouse · Stock Cooperative2,443 sqftBuilt in: 1967DOM: 161HOA: $10,500 / Quarterly

Price

$7,980,000

Price per sqft: $3,266/sqft

3

Bedrooms

3

Baths

2,443

SqFt

Active
389 S Lake Drive Phb, Palm Beach, FL 33480

MLS® ID: B26027444

About this home in Palm Beach

A rare offering, this meticulously updated 3-bed / 3-bath intracoastal Residence ideally positioned in Palm Beach, FL, presenting 2,443 sq ft of comfortable living area. Set in Three Eighty Nine Corp Lessee, residents enjoy Elevator(s), Laundry, Management, Parking, Pool, and Manager On Site. Security is covered by Building Security, Fire Alarm, Fire Sprinkler System, and Smoke Detector(s). The interior showcases Built-in Features, Entrance Foyer, Pantry, Walk-In Closet(s), Bedroom Layout - Split, and Storage. Flooring features Marble, Wood, and Mexican Tile. The home is served by Central Individual cooling and Central Individual heating. The home sits on a 1.55-acre lot, with total building area of 3,337 sq ft. The home features Traditional architecture with CBS construction with a Southwest-facing exposure. The property overlooks Water, Intracoastal, and Marina. On the water, the property offers Intracoastal. Exterior details include Balcony. An HOA fee of $10,500/quarter keeps upkeep hands-off, covering Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, and Security. Annual property taxes for the current owner run about $55,481. Priced at $7,980,000 (~$3,266/sqft). Financing options include Cash. Currently active on the market; pets allowed; 160 days on market.

3

Bedrooms

3

Baths

2,443

SqFt

House

Type

Explore more

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Listing courtesy of Brown Harris Stevens of PB. Information is deemed reliable but not guaranteed. © BeachesMLS.

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▲173.4% above market
+173.4%

This listing: $3266/sqft · Area median: $1195/sqft

Based on 31 recent sales in ZIP 33480 (last 90 days)

Est. payment

$58,467/mo

Principal & interest
$40,351
Property taxes
$4,623
Home insurance
$2,993
HOA fees
$10,500

Utilities not included

Calculations are estimates only and not a loan commitment. Taxes, insurance, rates and APR may vary. Final approval depends on lender review.

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