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.
Listing Provided Courtesy of Brown Harris Stevens of PB at 561-659-6400
Property Details
Price:
$7,980,000
MLS #:
B26027444
Status:
Pending
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Stock Cooperative
Subdivision:
THREE EIGHTY NINE CORP LESSEE
Neighborhood:
5002
Listed Date:
May 12, 2026
Finished Sq Ft:
2,443
Total Sq Ft:
3,337
Lot Size:
2,943,349,200 sqft / 1.55 acres (approx)
Year Built:
1967
See this Listing
Schools
Elementary School:
Palm Beach Public
High School:
Forest Hill
Interior
Appliances
Electric Water Heater, Freezer, Electric Cooktop, Cooktop, Dishwasher, Disposal, Dryer, Electric Range, ENERGY STAR Qualified Refrigerator, Ice Maker, Microwave, Oven, Refrigerator, Washer, Water Heater
Bathrooms
3 Full Bathrooms
Cooling
Central Individual
Flooring
Marble, Mexican Tile, Wood
Heating
Central Individual
Interior Features
Bedroom Layout – Split, Built-in Features, Entrance Foyer, Pantry, Storage, Walk-In Closet(s)
Laundry Features
Laundry Closet
Levels
One
Main Level Bathrooms
3
Main Level Bedrooms
3
Exterior
Architectural Style
Traditional
Association Amenities
Security, Maintenance, Pool, Bike Storage, Community Room, Elevator(s), Heated Pool, Laundry, Lobby, Management, Manager On Site, Parking, Sidewalks, Street Lights, Trash Chute
Construction Materials
CBS
Direction Faces
Southwest
Exterior Features
Balcony
Parking Features
Assigned, Covered, Deeded, Guest
Parking Spots
1
Parking Total
1
Roof
Other
Security Features
Building Security, Entry – Phone/Intercom, Fire Alarm, Fire Sprinkler System, Lobby – Attended, Security Lights, Security System, Security System Owned, Smoke Detector(s)
Stories
6
View
Marina, Intracoastal, Water
Waterfront Features
Intracoastal
Window Features
Blinds, Drapes, Sliding, Storm Window(s)
Financial
HOA Fee
$10,500
HOA Fee Frequency
Quarterly
HOA Includes
Pool Service, Cable TV, Common Areas, Common Real Estate Tax, Elevator, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Reserve Funds, Security, Sewer, Trash
Lease Land Amount
$179,550
Lease Land Expiration
2058-01-01
Lease Land Frequency
Quarterly
Tax Year
2025
Taxes
$55,481
Map
Community
- Address389 S Lake Drive Phb Palm Beach FL
- SubdivisionTHREE EIGHTY NINE CORP LESSEE
- CityPalm Beach
- CountyPalm Beach
- Zip Code33480
Subdivisions in Palm Beach
- 1 Royal Palm Way Condo
- 2000 Condo At Sloans Curve
- 2100 COND AT SLOANS CURVE
- 259 WORTH AVENUE CONDO
- 2774 S. Ocean
- Acreage
- ALLARD
- ALLARD SUB P B IN
- AMBASSADOR II
- AMBASSADOR II CORP
- AMBASSADOR SOUTH DEV CORP
- ATRIUMS OF PALM BEACH CONDO
- AUSTRALIAN OF PALM BEACH CONDO
- BAHAMA
- BEACH POINT CONDO
- BELLARIA CONDO
- BELLARIA CONDOMINIUM
- BELLO LIDO
- BELLO LIDO RESUB
- BINGHAM COPP TR
- BOCA RATONE CO INLET
- BOCA RATONE COLET
- BRAZILIAN COURT HOTEL AND CONDO
- BRAZILIAN COURT HOTEL AND CONDOMINIUM
- BRAZILIAN OF PALM BEACH CONDO
- BRAZILIAN OF PB CONDO LT 4 BLK E ROYAL PARK
- BUNGALOW PARK ADD
- CARLTON PLACE CONDO
- CARLYLE HOUSE
- CARLYLE HOUSE CONDO
- CASA 214 CONDO
- CHATEAU CHAUMONT IBIS ISLE CONDO
- CHILIAN COURT CONDO
- Claridges
- Claridges Condo
- CLARIDGES I CONDO
- CLARIDGES II CONDO
- CORAL EST
- COVE CONDO
- CRESTHAVEN VILLAS CONDO
- DODGE ESTATES
- DODGE ESTATES IN
- DORCHESTER OF PALM BEACH CONDO
- EAST SHORE
- EDEN PROPERTIES
- EL DORADO PARK
- EL ENCANTO
- EL ENCANTO REPL IN
- ENCLAVE OF PALM BEACH COND DECL FILED 2-12-85 IN
- ENCLAVE OF PALM BEACH CONDO
- Enclave Palm Beach Condo
- ESPLANADE ESTATES
- Estate Section
- EVERGLADES ISLAND 2
- EVERGLADES PLAZA CONDO
- FLORAL PARK
- FLORAL PARK ADD NO 1
- FONTANA PROPERTIES CONDO
- FOUR HUNDRED SO OCEAN BLVD CONDO
- FOUR-O-ONE WORTH AVE BLDG CONDO
- GREGORY ADDN
- HALCYON OF PALM BEACH
- IBIS ISLE
- IMPERIAL HOUSE INC
- ISLAND HOUSE CONDO
- ISLAND RD DEV REV
- JAMAICA LANE IN
- JEANETTE COURT
- JUNGLE POINT IN PB16P97 AND JUNGLE POINT REV
- L’ERMITAGE PALM BEACH CONDO
- LA BONNE VIE
- LA BONNE VIE COND DECL IN
- LA BONNE VIE CONDO
- LA PALMA CONDO
- La Palma Condominium
- LA RENAISSANCE
- LAGOMAR PARK 2
- LAKE BELVEDERE ESTATES 3R
- LAKE TOWERS CONDO
- LAKE WORTH TOWN OF
- Le Chateau Royal Condo
- LEVERETT HOUSE CONDO
- Lima Addition
- LIST
- LIST ADD NO 2 IN
- LOS INCAS ADDITION
- LOWELL HOUSE CONDO
- MAISON TROIS CONDO
- MANANA ESTATES
- MANANA ESTATES 2
- MANANA ESTATES 3
- MELBORNE HOUSE CONDO
- MERIDIAN OF PALM BEACH CO
- MERIDIAN OF PALM BEACH CONDO
- MID OCEAN CONDO
- MOCKINGBIRD TRAIL
- NORTH PALM BCH 1
- NORTH SHORE
- NUMBER ONE NORTH OCEAN COND
- OCEAN CAY OF PALM BEACH
- OCEAN LANE IN
- OCEAN PARK H W ROBBINS
- OCEAN PARK H W ROBBINS ADD IN
- OCEAN TERRACE
- OCEAN TOWERS NORTH CONDO
- OCEAN TOWERS SOUTH COND DECL FILED 1-8-80
- OCEAN TOWERS SOUTH CONDO
- OCEAN VIEW
- OCEAN VISTA ADD
- ONE ROYAL PALM WAY CONDO
- ORANGE GROVE PARK LTS 10 TO 13 INC
- PALAMA ESTATES
- Palm Beach
- PALM BEACH ATLANTIC CONDO
- PALM BEACH BILTMORE CONDO
- PALM BEACH ESTATES
- PALM BEACH HAMPTON CONDO
- PALM BEACH HOTEL CONDO
- Palm Beach Hotel/Condo
- PALM BEACH TOWERS COND
- PALM BEACH TOWERS CONDO
- PALM BEACH WHITEHOUSE
- PALM BEACH WHITEHOUSE 3
- PALM BEACH WHITEHOUSE COND
- PALM WORTH INC
- PALMBEACHER APTS INC
- PALMSEA COND
- PATRICIAN OF PALM BEACH
- PATRICIAN OF PALM BEACH C
- PATRICIAN OF PALM BEACH COND 35-44-43 N 275 FT OF S 826 FT OF GOV LT 1 & TH PT WLY
- PATRICIAN OF PALM BEACH CONDO
- PELICAN LODGE CONDO
- PERUVIAN TERRACE CONDO
- PHIPPS HOUSE COND DECL FILED 4-27-89
- PHIPPS PLAZA
- Poinciana Park
- POINCIANA PARK 2ND ADD
- POINCIANA PARK 3RD ADD
- POLMER PARK
- PRESIDENT OF PALM BEACH C
- PRESIDENT OF PALM BEACH CONDO
- President Palm Beach Condo
- PRIMAVERA ESTATES LAKE FRONT
- PRIMAVERA ESTATES MIDDLE SEC
- PRIMAVERA ESTATES OCEAN SEC
- RAFALSKY MARK
- REEF COND
- REEF CONDO
- Regency
- Regency Of Palm Beach
- REGENCY OF PALM BEACH INC
- REGENTS PARK
- REGENTS PARK IN
- RESIDENCES AT SLOANS CURVE
- REVERIE
- ROYAL PARK
- ROYAL PARK ADD TO P B IN
- ROYAL SAXON
- ROYAL SAXON INC
- SEMINOLE MANOR 2
- SINGER
- SOUTHGATE CONDO
- SOUTHLAKE CONDOMINIUM
- STOTESBURY PARK REV
- SUN AND SURF ONE HUNDRED AND THIRTY CONDOS
- SUTTON PLACE
- SUTTON PLACE CONDO
- TANGIER EST
- The Patrician
- The Patrician of Palm Beach
- THIRTY ONE TWENTY CONDO
- THIRTY TWO HUNDRED CONDO
- THIRTY-THREE SIXTY CONDO
- THREE EIGHTY NINE CORP LESSEE
- THREE ELEVEN COCOANUT ROW CONDO
- THREE FIFTY CONDO
- THREE HUNDRED OCEAN BLVD APTS INC
- TRES VIDAS OF PALM BEACH
- Tropic Isle
- Tropical Isle
- TROPICANA GARDENS INC
- TUSCANY OF PALM BEACH CONDO
- TWENTY ONE HUNDRED CONDO
- TWENTY SEVEN SEVENTY SOUTH OCEAN BLVD
- TWENTY SIX HUNDRED CONDO
- TWENTY TWO NINETY FIVE SOUTH OCEAN BLVD
- TWO NORTH BREAKERS ROW CONDO
- TWO THIRTY FOUR OLEANDER AVENUE CONDO
- TWO THOUSAND CONDO
- VIA FLAGLER CONDO
- VIA VIZCAYA
- VILLA DEL SUR APTS
- VILLA DEL SUR APTS CONDO
- VILLA MARINE
- VILLA SEREIN OF IBIS ISLE CONDO
- VILLAS INC
- WARDEN HOUSE CONDO
- WINTHROP HOUSE CONDO
Market Summary
Current real estate data for Single Family in Palm Beach as of Nov 14, 2026
104
Single Family Listed
165
Avg DOM
4,543
Avg $ / SqFt
$32,655,635
Avg List Price
Property Summary
- Located in the THREE EIGHTY NINE CORP LESSEE subdivision, 389 S Lake Drive Phb Palm Beach FL is a Single Family for sale in Palm Beach, FL, 33480. It is listed for $7,980,000 and features 3 beds, 3 baths, and has approximately 2,443 square feet of living space, and was originally constructed in 1967. The current price per square foot is $3,266. The average price per square foot for Single Family listings in Palm Beach is $4,543. The average listing price for Single Family in Palm Beach is $32,655,635.
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389 S Lake Drive Phb
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