Address389 S Lake Dr #2F, Palm Beach, FL, 33480

Price$2,800,000

  • 2 Beds
  • 2 Baths
  • Residential
  • 1,703 SQ FT
  • Built in 1967

Location! Location! Location! One block to Worth Avenue and steps to the state-of-the-art Palm Beach Marina. This very spacious 2 bedroom/2 bath apartment with 9' ceilings has lovely views of the pool and gardens. Light and bright open floor plan. Master bedroom includes a very large walk-in closet. The 389 South Lake Drive is a full-service building with 24 hour doorman. One assigned parking space. Rentals are prohibited for the first two years of membership. Then only twice in ten years. Sub-leases cannot be for less than three months or more than twelve months. No sub-sub-leasing is allowed. Sub-lessees are not allowed to have pets. 389's land lease goes back to 1959 and ends on April 23, 2058.

Essential Information

  • MLS® #RX-10948322
  • Price$2,800,000
  • HOA Fees$2,066
  • Taxes$6,218 (2023)
  • Bedrooms2
  • Bathrooms2.00
  • Full Baths2
  • Square Footage1,703
  • Acres1.55
  • Price/SqFt$1,644 USD
  • Year Built1967
  • TypeResidential
  • Sub-TypeCondominium, Co-op
  • Style4+ Floors
  • StatusPrice Change

Community Information

  • Address389 S Lake Dr #2F
  • Area5002
  • CityPalm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33480

Restrictions

Buyer Approval, Interview Required, No Motorcycle, Comercial Vehicles Prohibited, No Lease First 2 Years, No Truck

Subdivision

THREE EIGHTY NINE CORP LESSEE

Utilities

Cable, 3-Phase Electric, Public Sewer, Public Water

Appliances

Dishwasher, Disposal, Freezer, Ice Maker, Microwave, Range - Electric, Refrigerator

Lot Description

1 to < 2 Acres, East of US-1

Office

William Raveis South Florida

Amenities

  • AmenitiesBike - Jog, Elevator
  • Parking Spaces1
  • ParkingAssigned
  • WaterfrontNone

Interior

  • Interior FeaturesElevator, Fire Sprinkler
  • HeatingCentral
  • CoolingCentral
  • # of Stories6
  • Stories6.00

Exterior

  • ConstructionConcrete

Additional Information

  • Days on Website111
  • ZoningR-D(2)

Listing Details

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Price Change History for 389 S Lake Dr #2F, Palm Beach, FL (MLS® #RX-10948322)

Date Details Change
Status Changed from Active to Price Change
Price Reduced from $2,900,000 to $2,800,000 $100,000 (3.45%)
Status Changed from New to Active

Similar Listings To: 389 S Lake Dr #2F, Palm Beach

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Listing information last updated on April 28th, 2024 at 10:30am EDT.

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