$1,750,000
$200K PRICE DROP

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

Estimated payment $13,133/month

Total Views 8,087
2 Beds
2 Baths
1,577 Sq Ft
$1,110 Price per Sq Ft

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Home fronts a lagoon or estuary
  • Community Pool

About This Home

Corner fourth floor residence at 389 S Lake with water views! Pristine and renovated with high ceilings, gracious living spaces. Beautiful light filled condo with essentially 2 primary bedrooms. A full service, pet friendly building with full time manager, pool, 24 hour door person. This residence comes with the best covered parking space in the building.

Listing Agent

Kerry Warwick

The Corcoran Group License #697948 Listed on: 05/16/2025

The Corcoran Group

Co-Listing Agent

William Warwick

The Corcoran Group License #572720

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $9,725

Year Built

  • Built in 1967

Lot Details

  • Home fronts a lagoon or estuary
  • Property fronts an intracoastal waterway

HOA Fees

  • $2,787 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,577 Sq Ft Home
  • Entrance Foyer
  • Marble Flooring
  • Impact Glass

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327630004080

Community Details

Overview

  • Association fees include management, common areas, HVAC, hot water, insurance, maintenance structure, pest control, pool(s), sewer, water
  • Three Eighty Nine Corp Le Subdivision
  • 6-Story Property

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Co-Op

Est. Annual Taxes

$9,725

Year Built

Built in 1967

Lot Details

0

HOA Fees

$2,787 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Stock Cooperative
  • Property Sub Type Additional: Condominium,Stock Cooperative
  • Directions: Take Okeechobee Blvd east. Go over bridge onto Royal Palm Way. Take first right onto South Lake Drive. East on Peruvian. Building on the north side of Peruvian.
  • Year Built: 1967
  • Entry Level: 4
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 1577.0
  • Dining Room Type: Laundry
  • Stories: 6
  • Window Features: Impact Glass

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Lagoon
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2787.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, HVAC, Hot Water, Insurance, Maintenance Structure, Pest Control, Pool(s), Sewer, Water

Lot Info

  • Parcel #: 50434327630004080
  • Zoning Description: RD-2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9725.0

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
06/04/2025 06/04/25 Price Changed $1,750,000 -10.3% $1,110 / Sq Ft
05/16/2025 05/16/25 For Sale $1,950,000 +96.0% $1,237 / Sq Ft
12/05/2015 12/05/15 Sold $995,000 0.0% $788 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $995,000 +53.1% $788 / Sq Ft
01/25/2013 01/25/13 Sold $650,000 0.0% $441 / Sq Ft
01/04/2013 01/04/13 Pending -- -- --
10/15/2012 10/15/12 For Sale $650,000 -- $441 / Sq Ft
Source: BeachesMLS

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Source: BeachesMLS

MLS Number: R11091330

BeachesMLS

APN: 50-43-43-27-63-000-4080