$3,950,000
SOLD JAN 21, 2025

369 S Lake Dr Unit Ph D Palm Beach, FL 33480

2 Beds
2 Baths
1,905 Sq Ft
$2,834/mo HOA Fee

Recently Sold

$2,073 Per Sq Ft

25% Below List Price

294 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Community Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Elevator

About This Home

As of January 2025

Looking for sunset views over Lake Worth on your own private 840 square foot penthouse terrace? Look no further than this spacious 2-bedroom, 2-bathroom penthouse at 369 South Lake. Just steps to Worth Avenue and the docks, this condo resides in the beloved Park Place, a 42-unit boutique co-op building in the heart of town. A truly unique condo-looking for a new owner for the first time in almost 30 years - a buyer looking to add their personal touch and modern-day designs. Washer and dryer in-unit. Park Place is a wonderfully managed building that is pet friendly (no size restriction on dog). A perfectly maintained community pool, a 24-hour doorman, plus a large staff and full-time property manager.One exterior parking spot included. Several recent updates have been made within the unit.

Last Agent to Sell the Property

Kevin Mulvaney

Palm Group Realty LLC License #3387287 Listed on: 04/01/2024

Last Buyer's Agent

Alexis Waller

Brown Harris Stevens of PB License #3411126

Brown Harris Stevens of PB

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $9,575

Year Built

  • Built in 1961

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $2,834 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,905 Sq Ft Home
  • Awning
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Intracoastal Views
  • Impact Glass
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327670006040

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), roof, security, trash
  • High-Rise Condominium
  • Park Place Inc Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Co-Op

Est. Annual Taxes

$9,575

Year Built

Built in 1961

Lot Details

0

HOA Fees

$2,834 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Stock Cooperative
  • Property Sub Type Additional: Stock Cooperative
  • Directions: Okeechobee over bridge, right onto S. Lake Drive. Located between Chilean and Australian Ave.
  • Year Built: 1961
  • Architectural Style: High Rise
  • Entry Level: 6
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Terrazzo
  • Living Area: 1905.0
  • Stories: 6
  • Window Features: Blinds, Drapes, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony, Awning(s)
  • View: Intercoastal, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Door Man, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2834.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Street Lights
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Roof, Security, Trash

Lot Info

  • Parcel #: 50434327670006040
  • Zoning Description: R-D(2)50

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9575.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $3,950,000 -9.7% $2,073 / Sq Ft
10/21/2024 10/21/24 Price Changed $4,375,000 -10.7% $2,297 / Sq Ft
04/12/2024 04/12/24 Price Changed $4,899,000 -6.7% $2,572 / Sq Ft
04/01/2024 04/01/24 For Sale $5,250,000 -- $2,756 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Mulvaney

    Seller's Agent in 2025

    Kevin Mulvaney

    Palm Group Realty LLC

    (561) 723-7158

    38 Total Sales

    Kevin Mulvaney
    Section Image

  • A

    Buyer's Agent in 2025

    Alexis Waller

    Brown Harris Stevens of PB

    (561) 659-6400

    55 Total Sales

    Alexis Waller
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10973745

BeachesMLS

APN: 50-43-43-27-67-000-6040

Florida Palm Beach County Palm Beach 33480

369 S Lake Dr Unit Ph D, Palm Beach, FL

This home is located at 369 S Lake Dr Unit Ph D, Palm Beach, FL 33480 and is currently priced at $3,950,000, approximately $2,073 per square foot. This property was built in 1961. 369 S Lake Dr Unit Ph D is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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