$10,500,000

315 S Lake Dr Unit PHC Palm Beach, FL 33480

Estimated payment $63,604/month

Total Views 4,411
3 Beds
3 Baths
2,705 Sq Ft
$3,882 Price per Sq Ft

Highlights

  • Doorman
  • Lake Front
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Home Office

About This Home

Welcome to this stunning, fully renovated, highly desirable penthouse apartment, designed by the renowned Hive Design Group. The Southlake is a small luxury, boutique building located in the most sought after location- the center of Palm Beach. With high ceilings and an abundance of natural light, this apartment opens to an expansive, private terrace facing south and west. Meticulously maintained, pristine kitchen, spacious grand living - dining area with a library that could be converted to a third bedroom. There is also a dedicated office space, laundry room and the building allows pets. This convenient location puts you a few blocks from Worth Avenue, The Society of Four Arts, the beach, town docks, and the Lake Trail.

Listing Agent

Christine Gibbons

Sotheby's International Realty, Inc. License #682260 Listed on: 09/12/2025

Sotheby's International Realty, Inc.

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $101,121

Year Built

  • Built in 1969

Lot Details

  • Lake Front
  • Property fronts an intracoastal waterway
  • Southwest Facing Home

Interior Spaces

  • 2,705 Sq Ft Home
  • Living Room
  • Dining Area
  • Home Office
  • Storage

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434322170060030

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 32 Units
  • Southlake Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Lobby
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$101,121

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Southlake
  • Year Built: 1969
  • Location Tax Legal:Name of Building: Southlake
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 101121.0
  • Location Tax Legal:Tax Year2: 2025
  • General Property Description:Living Area: 2705.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 21143.0
  • General Property Description:_pound_ Units in Complex: 32
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Exposure of Unit:West2: Yes
  • Pets:Pet Type: Cat or Dog
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Waterfront-Unit:ICW-Across Bike Path2: Yes
  • Pool:Heated Elec: Yes
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Storage, Smoke Alarms
  • Living Area: 2705.0
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: Yes
  • Waterfront: Yes
  • Exterior Features: Balcony, Impact Doors, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes

Garage/Parking

  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Building, Laundry in Unit
  • Security: Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Parcel #: 50434322170060030
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 32
  • Maintenance Expense: 21143.0

Tax Info

  • Tax Annual Amount: 101121.0
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $101,226 $6,800,000 -- --
2024 $101,226 $6,800,000 -- --
2023 $23,662 $1,608,562 $0 $0
2022 $23,687 $1,561,711 $0 $0
2021 $24,058 $1,516,224 $0 $0
2020 $24,109 $1,495,290 $0 $0
2019 $24,056 $1,461,672 $0 $0
2018 $22,824 $1,434,418 $0 $0
2017 $23,110 $1,404,915 $0 $0
2016 $23,081 $1,376,019 $0 $0
2015 $23,869 $1,366,454 $0 $0
2014 $23,981 $1,355,609 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2025 09/12/25 For Sale $10,500,000 +31.3% $3,882 / Sq Ft
03/31/2023 03/31/23 Sold $8,000,000 0.0% $2,957 / Sq Ft View Prior Sale
03/31/2023 03/31/23 Sold $8,000,000 -23.8% $2,957 / Sq Ft View Prior Sale
12/21/2022 12/21/22 Pending -- -- --
12/21/2022 12/21/22 For Sale $10,500,000 0.0% $3,882 / Sq Ft
09/07/2022 09/07/22 For Sale $10,500,000 -- $3,882 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed $8,000,000 None Listed On Document
Interfamily Deed Transfer -- --
Personal Reps Deed $610,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 No Value Available
Previous Owner $285,000 No Value Available
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 25-1306

APN: 50-43-43-22-17-006-0030