Welcome to this stunning, fully renovated, highly desirable penthouse apartment, designed by the renowned Hive Design Group. The Southlake is a small luxury, boutique building located in the most sought after location- the center of Palm Beach. With high ceilings and an abundance of natural light, this apartment opens to an expansive, private terrace facing south and west. Meticulously maintained, pristine kitchen, spacious grand living - dining area with a library that could be converted to a third bedroom. There is also a dedicated office space, laundry room and the building allows pets. This convenient location puts you a few blocks from Worth Avenue, The Society of Four Arts, the beach, town docks, and the Lake Trail.
For sale
$10,000,000
315 S Lake Drive #Ph C, Palm Beach, FL 33480
3beds
2,705sqft
Condominium
Built in 1969
-- sqft lot
$-- Zestimate®
$3,697/sqft
$21,143/mo HOA
What's special
Abundance of natural lightDedicated office spaceHigh ceilingsLaundry roomMeticulously maintained pristine kitchen
- 339 days |
- 225 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Christine E. Gibbons 561-758-5402,
Sotheby's Intl. Realty, Inc.
Source: BeachesMLS,MLS#: R11124809
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 288
- Dimensions: 16 X 18
Kitchen
- Level: Main
- Area: 10836
- Dimensions: 86 X 126
Living room
- Level: Main
- Area: 55664
- Dimensions: 196 X 284
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
- Laundry: Inside
Features
- Built-in Features, Closet Cabinetry, Entrance Foyer, Living/Dining Room, None, Sitting Area in Primary, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Marble, Wood
- Windows: Blinds
- Has fireplace: Yes
- Fireplace features: Decorative
Interior area
- Total structure area: 2,705
- Total interior livable area: 2,705 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Covered, Garage
- Garage spaces: 1
Features
- Patio & porch: Open, Patio, Balcony
- Exterior features: Balcony, Outdoor Living Area
- Pool features: Association
- Has view: Yes
- View description: Intercoastal
- Has water view: Yes
- Water view: Intercoastal
- Waterfront features: Intracoastal Access
Details
- Parcel number: 50434322170060030
- Zoning: R-D(2)
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Block
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 1969
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Property Manager On-Site
- Security: Security System, Lobby Secured, Smoke Detector(s)
- Subdivision: SOUTHLAKE CONDOMINIUM
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Pool, Trash
- Services included: Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Sewer, Trash, Water
- HOA fee: $21,143 monthly
Location
- Region: Palm Beach
Financial & listing details
- Price per square foot: $3,697/sqft
- Tax assessed value: $6,800,000
- Annual tax amount: $101,226
- Date on market: 9/17/2025
- Cumulative days on market: 340 days
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Price change | $10,000,000-4.8%$3,697/sqft |
Source: | ||
| 9/17/2025 | Listed for sale | $10,500,000$3,882/sqft |
Source: | ||
| 4/1/2023 | Pending sale | $10,500,000+31.3%$3,882/sqft |
Source: | ||
| 3/31/2023 | Sold | $8,000,000-23.8%$2,957/sqft |
Source: | ||
| 3/31/2023 | Listed for sale | $10,500,000$3,882/sqft |
Source: | ||
| 9/30/2022 | Listing removed | -- |
Source: | ||
| 9/7/2022 | Listed for sale | $10,500,000+1621.3%$3,882/sqft |
Source: | ||
| 10/4/1994 | Sold | $610,000$226/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $101,223 0% | $6,800,000 |
| 2024 | $101,225 +327.8% | $6,800,000 +322.7% |
| 2023 | $23,662 -0.1% | $1,608,562 +3% |
| 2022 | $23,687 -1.5% | $1,561,711 +3% |
| 2021 | $24,057 -0.2% | $1,516,224 +1.4% |
| 2020 | $24,109 +0.6% | $1,495,290 +2.3% |
| 2019 | $23,960 | $1,461,672 +1.9% |
| 2018 | $23,960 +5% | $1,434,418 +2.1% |
| 2017 | $22,824 -1.2% | $1,404,915 +2.1% |
| 2016 | $23,110 +0.1% | $1,376,019 +0.7% |
| 2015 | $23,081 -3.3% | $1,366,454 +0.8% |
| 2014 | $23,869 +1.6% | $1,355,609 +1.5% |
| 2013 | $23,489 +0.1% | $1,335,575 +1.7% |
| 2012 | $23,455 | $1,313,250 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 33480
Nearby schools
GreatSchools rating
- 8/10Palm Beach Public SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Conniston Middle SchoolGrades: 6-8Distance: 2.2 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 3.8 mi
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