389 S Lake Drive Phb, Palm Beach, FL 33480

Palm Beach, FL 33480
$7,980,000
Beds
3
Baths
3
Living Area
2,443 SF
Year Built
1967
$/SF
$3266
Type
StockCooperative
DOM
91
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About this property

3 bed · 3 bath · 2,443 sqft · Built 1967

Absolutely breathtaking panoramic views of the Intracoastal Waterway await from the expansive wraparound terraces of this exceptional penthouse, offering some of the finest vistas in Palm Beach. Rarely available, this elegant 3-bedroom, 3-bath residence lives like a private home and showcases timeless architectural details, including beautiful herringbone wood flooring throughout. Designed for both gracious entertaining and relaxed coastal living, every room opens to idyllic terraces with stunning water views. The handsome wood-paneled den, complete with a full bath and oversized walk-in closet, easily serves as a third bedroom or private office. Additional features include soaring ceilings, a spacious kitchen, impact sliding doors, and a convenient laundry closet. Ideally located at prestigious 389 South Lake, just one street from Worth Avenue, this remarkable residence is within walking distance to world-class shopping, fine dining, and the beach.

Property facts
Property type
StockCooperative
Condition
Resale
Year built
1967
Stories
6
Roof
Other
Subdivision
THREE EIGHTY NINE CORP LESSEE
Waterfront
Yes
Waterfront features
IntracoastalAccess
Private pool
No
HOA (monthly)
$3,500
Public records
Parcel number
50434327630006020
Annual tax
$55,481
County just value
$4,300,000
The neighborhood

The Town of Palm Beach proper — South Ocean Blvd estates, North End, and Worth Avenue. Listings here turn through private channels first; what reaches public MLS is curated.

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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 8/10/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.

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