$1,020,000
SOLD APR 30, 2021

389 S Lake Dr Unit 3F Palm Beach, FL 33480

2 Beds
2 Baths
1,682 Sq Ft
$2,090/mo HOA Fee

Recently Sold

$606 Per Sq Ft

1% Below List Price

57 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Heated Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • High Ceiling

About This Home

As of April 2021

A stunning condo located in one of the most convenient and desirable locations in Palm Beach. This beautifully renovated apartment with wide angle views over the pool and some views of the intracoastal way is a wonderful opportunity for anyone seeking a large split floor plan 2BR & BA apartment in the heart of Town for amazing value. Renovated in 2014 and updated appliances in 2020, in unit washer/dryer, this unit is furnished and move in ready or available unfurnished. 389 S Lake Drive is a secure and friendly building managed with excellence. Residents here enjoy close proximity to restaurants, shops, beach access & lake trail access.

Last Agent to Sell the Property

Suzanne Frisbie

The Corcoran Group License #508253 Listed on: 02/01/2021

The Corcoran Group

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

  • $11,761

Year Built

  • Built in 1967

Lot Details

  • Property fronts an intracoastal waterway
  • Sprinkler System

HOA Fees

  • $2,090 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Interior Spaces

  • 1,682 Sq Ft Home
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Tile Flooring
  • Intracoastal Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50434327630003060

Community Details

Overview

  • Association fees include management, common areas, insurance, laundry, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, sewer, trash, water
  • Three Eighty Nine Corp Le Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Laundry Facilities
  • Bike Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Co-Op

Est. Annual Taxes

$11,761

Year Built

Built in 1967

Lot Details

0

HOA Fees

$2,090 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Stock Cooperative
  • Property Sub Type Additional: Stock Cooperative
  • Directions: Call Listing Office
  • Year Built: 1967
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Elevator, High Ceilings, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1682.0
  • Dining Room Type: Den, Family Room
  • Stories: 6

Exterior Features

  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Security: Security System, Door Man
  • 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: 2090.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Laundry, Management, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 50434327630003060
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11761.0

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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

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $1,020,000 0.0% $606 / Sq Ft
04/30/2021 04/30/21 Sold $1,020,000 0.0% $606 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/29/2021 03/29/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $1,020,000 -1.4% $606 / Sq Ft
02/01/2021 02/01/21 For Sale $1,035,000 -- $615 / 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: R10689090

BeachesMLS

APN: 50-43-43-27-63-000-3060