$700,000
SOLD APR 1, 2021

389 S Lake Dr Unit 2G Palm Beach, FL 33480

2 Beds
2 Baths
1,680 Sq Ft
$1,963/mo HOA Fee

Recently Sold

$417 Per Sq Ft

26% Below List Price

438 Days on Market

Highlights

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

About This Home

As of April 2021

Wonderful opportunity to live next to Worth Avenue and the Intracoastal Waterway with lovely views over the pool and garden. This spacious 1,680 S.F. apartment with high ceilings and split double master bedrooms is in an important full service building, located only minutes from world class shopping , restaurants, beach and the Intracoastal Waterway. Light and bright open floor plan with wood flooring, offers a bonus area for a home office or exercise room. Pet friendly, full time manager and doormen. Priced to sell!

Last Agent to Sell the Property

Ashley Copeland

Brown Harris Stevens of PB License #3079640 Listed on: 12/19/2019

Brown Harris Stevens of PB

Last Buyer's Agent

Jennifer Hasozbek-Garcia

Premier Estate Properties, Inc License #3037112

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $11,427

Year Built

  • Built in 1967

Lot Details

  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System

HOA Fees

  • $1,963 Monthly HOA Fees

Interior Spaces

  • 1,680 Sq Ft Home
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Fire Sprinkler System

Parking

  • Detached Garage
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 50434327630002070

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, laundry, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash, water
  • 389 Building Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Community Library
  • Laundry Facilities
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Phone Entry

Property Details

Home Type

Co-Op

Est. Annual Taxes

$11,427

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,963 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Stock Cooperative
  • Property Sub Type Additional: Stock Cooperative
  • Directions: One street North of Worth Avenue.
  • Year Built: 1967
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Living/Dining Room, Pantry, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Ice Maker, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 1680.0
  • Stories: 6
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Fence
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Assigned, Detached, Garage

Utilities

  • Laundry Features: Common Area
  • Security: Security System, Closed Circuit Camera(s), Door Man, Phone Entry, Security Lights, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1963.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Laundry, Library, Management, Pool, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Laundry, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 50434327630002070
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11427.0

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $350,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $700,000 0.0% $417 / Sq Ft
04/01/2021 04/01/21 Sold $700,000 0.0% $417 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/02/2021 03/02/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $700,000 -26.3% $417 / Sq Ft
12/19/2019 12/19/19 For Sale $950,000 -- $565 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10586561

BeachesMLS

APN: 50-43-43-27-63-000-2070