$2,800,000
PENDING

389 S Lake Dr Unit 4C Palm Beach, FL 33480

Estimated payment $20,562/month

Total Views 1,341
2 Beds
2 Baths
1,984 Sq Ft
$1,411 Price per Sq Ft

Highlights

  • Doorman
  • Lake Front
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Gas Heated Pool
  • Balcony

About This Home

Views to Town Docks and Everglades lagoon! The gentle curve of this Howard Chilton designed building provides beautifully varied view angles for this ''C'' line unit. From the partially open terrace, to your right you look across the palm tree tops to the yachts tethered at the docks, or turn left to watch pelicans drifting on the lagoon. Unit is fully updated with impact glass and renovated kitchen and baths, and some well crafted built-in bookshelves.With its enclosed terrace space 4C encompasses almost 2,000 sqft under AC and another 200 sqft of terrace. To appreciate it, you've got to come see it.

Listing Agent

John Cregan

Sotheby's International Realty, Inc. License #3439962 Listed on: 03/31/2025

Sotheby's International Realty, Inc.

Co-Listing Agent

Lisa Cregan

Sotheby's International Realty, Inc. License #SL-3389810

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $29,219

Year Built

  • Built in 1967

Lot Details

  • Lake Front
  • Property fronts an intracoastal waterway
  • South Facing Home
  • Sprinkler System
  • Land Lease

HOA Fees

  • $3,267 Monthly HOA Fees

Interior Spaces

  • 1,984 Sq Ft Home
  • Dining Area
  • Storage

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Covered Parking
  • Open Parking

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327630004030

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, sewer, water
  • 41 Units
  • 389 Building Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

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

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$29,219

Year Built

Built in 1967

Lot Details

0

HOA Fees

$3,267 per month

Listing Details

  • Property Sub Type: Co-op
  • Prop. Type: Condo/Co-Op
  • Directions: from Royal Palm Bridge make 1st right onto S Lake Trail. Turn left at Peruvian Ave. Building is 1st one on your left.
  • Building Name: 389 Building
  • Year Built: 1967
  • Location Tax Legal:Name of Building: 389 Building
  • Location Tax Legal:Zoned: R-D(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 29219.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 1984.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 9800.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 41
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Unit:Living Room 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:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Land:Land Leased: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, Tile, W/W Carpeting
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 1984.0
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Sprinkler System, Impact Doors, Impact Windows, Elevator, Lobby, Other (See Remarks)
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Other (See Remarks)7: Yes

Garage/Parking

  • Parking:Open Parking: Yes
  • Parking:Covered Parking: 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:Co-Op Association: Yes

Fee Information

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

Lot Info

  • Development Status: Land Leased
  • Parcel #: 50434327630004030
  • Zoning: R-D(2) - Heavy Density Residential

Multi Family

  • Number Of Units Total: 41
  • Maintenance Expense: 9800.0

Tax Info

  • Tax Annual Amount: 29219.0
  • Tax Year: 2024

Map

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
05/15/2025 05/15/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $2,800,000 +164.2% $1,411 / Sq Ft
05/18/2017 05/18/17 Sold $1,060,000 0.0% $824 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
01/18/2016 01/18/16 For Sale $1,060,000 +54.7% $824 / Sq Ft
11/25/2013 11/25/13 Sold $685,000 0.0% $339 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $685,000 -- $339 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 25-585

APN: 50-43-43-27-63-000-4030

Florida Palm Beach County Palm Beach 33480

389 S Lake Dr Unit 4C, Palm Beach, FL

This home is located at 389 S Lake Dr Unit 4C, Palm Beach, FL 33480 and is currently priced at $2,800,000, approximately $1,411 per square foot. This property was built in 1967. 389 S Lake Dr Unit 4C 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.

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Nearby Homes
John Cregan
Listing Agent
John Cregan
Section Image
Sotheby's International Realty, Inc.
(561) 782-0897