$685,000
SOLD NOV 25, 2013

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

2 Beds
2 Baths
2,018 Sq Ft
$1,659/mo HOA Fee

Recently Sold

$339 Per Sq Ft

242 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Gas Heated Pool
  • Hurricane or Storm Shutters

About This Home

As of June 2025

Fully renovated fourth floor unit with views of Intracoastal and unique views of lagoon. Beautiful hardwood floors greet the owner carrying them to the views beyond. Updated master bath and washer /dryer in unit makes this the completed home. The master bedroom looks out to the loggia and the Intracoastal waterway beyond. Ideally located in town only 2 blocks to historic Worth Avenue. The proximity of the 389 Building is one of the most strategically located buildings in Palm Beach. Worth Avenue is two blocks from the front entrance and places you on the most prestigious Avenue in the world. There is a reason why people know Palm Beach as an international destination. The town is a polished jewel and visitors truly feel the welcoming spirit of this tropical paradise.

Worth Avenue is known as the shopping haven of the world and the growing list of visitors each year proves its place as one of the most sought after destinations to visit.

The uniqueness of Palm Beach is that if you walk a few blocks north or south of Worth Avenue, you would be in one of the many residential enclaves in town.

In the morning you can walk up to the ocean and take an envigorating walk on the town beach or stroll through the many Via's of Worth Avenue.
As a (BY The Way, Worth Avenue and the many vias which lead off the avenue were actually designed after the many waterways of Venise , Italy.

Are you thinking of being a seasonal home owner in Palm Beach? You are making a good choice. The 389 Building is made up with many seasonal residents. The building management appreciates that your life is busy and when you get to your retreat, you don't want to be bothered with mundane home owner issues. The 389 Building understands service and can handle any issues affecting your new home for you.

When you come to town, you will want to see the 389 Building and Unit 4C.

This updated unit has an elegant feel to it with new wood floors in the living room and Loggia areas. The master bedroom is the perfect size and looks out to the loggia and view of the intercoastal.

Your new home has1618 Sq. Ft of space and more than ample space to entertain your friends.

With only seven units per floor, you will feel the privacy of your home.

Become a Palm Beach insider and own a part of history. Change your status from visitor to resident and see why so many here in our island paradise return year after year.

Last Agent to Sell the Property

BRADFORD MILLER

The Corcoran Group Listed on: 02/21/2013

Co-Listed By

PAMELA MILLER

The Corcoran Group

Last Buyer's Agent

Ronnie Hasozbek-Garcia

Premier Estate Properties, Inc. - Palm Beach License #SL-3037112

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $7,369

Year Built

  • Built in 1967

Lot Details

  • Property fronts an intracoastal waterway
  • Southwest Facing Home

HOA Fees

  • $1,659 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,018 Sq Ft Home
  • Ceiling Fan
  • Dining Area
  • Storage

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Non-Toxic Pest Control

Pool

  • Gas Heated Pool
  • Outdoor Pool

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, trash, pest control, sewer, water
  • 41 Units
  • 389 Building Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$7,369

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,659 per month

Listing Details

  • Property Sub Type: Co-op
  • Prop. Type: Condo/Co-Op
  • Directions: Royal Palm Bridge East, Right on South Lake to 389 S. Lake
  • Building Name: 389 Building
  • Year Built: 1967
  • Location Tax Legal:Name of Building: 389 Building
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 7369.38
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 2018.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 4978.0
  • 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
  • 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:Security System: 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
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Exposure of Unit:West2: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Storage, Smoke Alarms
  • Living Area: 2018.0
  • 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
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Storm Shutters, Storm Shutters- Auto
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Storm Shutters- Auto: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System, Door Person
  • Heating: Central Air, 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, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434327630004030
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 41
  • Maintenance Expense: 4978.0

Tax Info

  • Tax Annual Amount: 7369.38
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Three Eighty Nine Corporation
Bought by
Bryant Barbara
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $1,150,000 New Conventional
Previous Owner $500,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $2,300,000 -17.9% $1,159 / Sq Ft
05/16/2025 05/16/25 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®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-504

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