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Off market
  • $2,936,300

    389 S Lake Dr APT 1A, Palm Beach, FL 33480

    2beds
    1,541sqft
    Cooperative
    Built in 1967
    -- sqft lot
    $2,936,300 Zestimate®
    $1,905/sqft
    $6,433 Estimated rent

    Home value

    $2,936,300

    $2.38M - $3.55M

    $6,433/mo

    Zestimate® history
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    $6,433/mo

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    $17,940/mo

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    $17,940/mo

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    What's special

    Sunny & private garden apartment in full service, pet friendly building across from town docks. This spacious 2 bedroom/ 2 bath split floor plan on the 1st floor has a large master suite, walk-in closet & door to covered terrace in addition to access from the living/dining area. Sit on the lanai, enjoy the garden and the sunsets over the Intercostal with your furry friend. Building allows one pet under 25 lbs. Perfect in town location with a 24/7 doorman. On the corner of Peruvian, one block to Worth Avenue shops, many restaurants and only 3 blocks to the beach. This property offers many possibilities to make it your own such as extra living space by enclosing the terrace and adding a washer dryer in kitchen. Lives like a petite single family.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    • Laundry: Common Area
    Features
    • Walk-In Closet(s), Lobby, Split Bedroom
    • Flooring: Tile, Carpet, Linoleum / Vinyl
    • Windows: Sliding
    • Common walls with other units/homes: Corner
    Interior area
    • Structure area source: Floor Plan
    • Total interior livable area: 1,541 sqft

    Property

    Features
    • Entry level: 1.00
    • Patio & porch: Covered Patio
    • Exterior features: Cement / Concrete
    • Pool features: In Ground, Heated
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Marina, Intracoastal
    Lot
    • Features: Corner Lot, Wooded, East of US-1
    Details
    • Parcel number: 50434327630001010
    • Lease amount: Yes
    • Zoning: R-D(2)
    • Special conditions: Sold As-Is, Buyer Approval, Interview Required, No Corporate Buyers

    Construction

    Type & style
    • Home type: Cooperative
    Materials
    • masonry
    Condition
    • Resale
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Cable Connected

    Community & HOA

    Community
    • Security: Doorman, Closed Circuit Camera(s), Lobby
    HOA
    • Has HOA: Yes
    • Services included: Trash, Maintenance Grounds, Water, Cable TV, Sewer, Security, Pest Control, Reserve Funds, Parking, Maintenance Structure, Pool Service, Manager, Common Areas, Insurance-Bldg, Roof Maintenance, Laundry Facilities, Elevator, Janitor, Legal/Accounting
    • HOA fee: $2,188 monthly
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $1,905/sqft
    • Tax assessed value: $2,624,528
    • Annual tax amount: $39,600
    • Inclusions: Refrigerator, Dishwasher, Microwave, Wall Oven, Range - Electric

    Price history

    DateEventPrice
    3/31/2021Sold$812,000-8.8%$527/sqft
    Source: Palm Beach BOR #21-432 Report a problem
    3/16/2021Pending sale$890,000$578/sqft
    Source: Douglas Elliman #21-432 Report a problem
    3/16/2021Listed for sale$890,000$578/sqft
    Source: Douglas Elliman #21-432 Report a problem
    2/6/2021Listing removed--
    Source: Douglas Elliman Report a problem
    1/6/2020Listed for sale$890,000$578/sqft
    Source: Douglas Elliman #19-1707 Report a problem
    11/26/2019Pending sale$890,000$578/sqft
    Source: Douglas Elliman #19-1707 Report a problem
    8/30/2019Listed for sale$890,000+0%$578/sqft
    Source: Douglas Elliman #RX-10558006 Report a problem
    5/20/2018Listing removed$889,999$578/sqft
    Source: The Corcoran Group #10829 Report a problem
    12/27/2017Price change$889,999-2.2%$578/sqft
    Source: The Corcoran Group #10829 Report a problem
    1/19/2017Listed for sale$910,000+4%$591/sqft
    Source: The Corcoran Group #10544 Report a problem
    10/19/2016Listing removed$875,000$568/sqft
    Source: The Corcoran Group #10544 Report a problem
    12/3/2015Listed for sale$875,000+3.6%$568/sqft
    Source: The Corcoran Group #RX-10189054 Report a problem
    8/17/2015Listing removed$845,000$548/sqft
    Source: The Corcoran Group #9110 Report a problem
    3/18/2015Price change$845,000-3.4%$548/sqft
    Source: The Corcoran Group #9110 Report a problem
    2/20/2015Listed for sale$875,000$568/sqft
    Source: The Corcoran Group #9110 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$39,600 +0.1%$2,624,528 +0.1%
    2024$39,560 +165%$2,622,026 +179.6%
    2023$14,927 -0.6%$937,665 +3%
    2022$15,011 +6.7%$910,354 +17.8%
    2021$14,070 -2.5%$772,683 0%
    2020$14,430 +0.6%$773,012 +2.5%
    2019$14,342 $754,032
    2018$14,342 +3.4%$754,032 -6.9%
    2017$13,864 -5.8%$810,000 +15.7%
    2016$14,723 +9.1%$700,000 +9.7%
    2015$13,492 +12.4%$638,000 +10%
    2014$12,001 +17.6%$580,000 +3.6%
    2013$10,206 -3.3%$560,000 -1.8%
    2012$10,550 +2.8%$570,000 +9.8%
    2011$10,258 +13.5%$519,200 +10%
    2010$9,041 -6.6%$472,000 -10%
    2009$9,683 +2.5%$524,685 -5%
    2008$9,450 -4.5%$552,300 -5.4%
    2007$9,898 -11.5%$584,000 -3.3%
    2006$11,184 $604,000 +52.5%
    2005-- $396,000 +48.9%
    2004$2,899 +5370.1%$266,000
    2003$53 -98.9%$266,000 +11.3%
    2002$4,864 +17.7%$239,000 +19.6%
    2001$4,132 +29.1%$199,800 +31%
    2000$3,200 +1.3%$152,500
    1999$3,160 --
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Palm Beach Public

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.