OUTSTANDING opportunity to live in one of the most sought-after locations in the heart of Palm Beach. This well-maintained and exceptionally managed building is just one block from Worth Avenue next to the Intracoastal Waterway, lake trail, the Australian Docks & Lake Drive Park. A full-service, pet-friendly building designed by the noted architect, Howard Chilton. During the past 6 years, this building has been fully renovated to Miami-Dade Hurricane Code standards. This spacious & gracious end-unit apartment offers a split floor plan with double primary bedrooms. The large, enclosed light & bright lanai & primary bedroom overlook the pool, garden & Intracoastal Waterway. This apartment features new impact doors & windows throughout & new porcelain stone tile floors. This building features a full-time manager, a 24-hour doorperson & is located just minutes from luxury shopping, theatre, museums & the Palm Beach International Airport. Palm Beach is one of the most exclusive destinations in the world with sun-drenched sands, swaying palms & a glorious blue ocean. Worth Avenue was voted one of the top three "Most Iconic" streets in America. Reflecting the lifestyle of Palm Beach & stretching 4 blocks from Lake Worth to the Atlantic Ocean, Worth Avenue includes a myriad of upscale shops, boutiques, restaurants & art galleries. The Raymond F. Kravis Center for the Performing Arts is just minutes away. Do not miss the opportunity to be enchanted by Palm Beach's balmy weather & tropical environment while enjoying your beautiful apartment & gracious living.
Sold for $1,650,000
$1,650,000
389 S Lake Dr APT 2H, Palm Beach, FL 33480
2beds
1,760sqft
Condo/Co-Op
Built in 1967
-- sqft lot
$1,675,100 Zestimate®
$938/sqft
$6,597 Estimated rent
Home value
$1,675,100
$1.51M - $1.86M
$6,597/mo
Zestimate® history
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Lake trail
Zillow last checked:
Listing updated:
Listed by:
SUZANNE M SMITH 561-307-2092,
Brown Harris Stevens of Palm Beach 5225,
POLLY P WULSIN 561-659-6400
Bought with:
Simon Isaacs, BK-3341521
Simon Isaacs Real Estate LLC
Source: Palm Beach BOR,MLS#: 25-1942
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 238
- Dimensions: 17 x 14
Bedroom 2
- Level: Main
- Area: 240
- Dimensions: 16 x 15
Foyer
- Level: Main
- Area: 60
- Dimensions: 12 x 5
Kitchen
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Other
- Level: Main
- Area: 232
- Dimensions: 29 x 8
Living room
- Level: Main
- Area: 459
- Dimensions: 27 x 17
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Refrigerator, Electric Range, Dishwasher, Microwave, Disposal, Oven
- Laundry: Common Area, Other
Features
- Ceiling Fan(s), Storage
- Flooring: Tile, Stone, Carpet, Other, Brick
- Doors: Impact Doors
- Windows: Window Treatments, Impact Windows
Interior area
- Total structure area: 1,760
- Total interior livable area: 1,760 sqft
Property
Features
- Exterior features: Elevator, Lobby
- Has private pool: Yes
- On waterfront: Yes
Details
- Parcel number: 50434327630002080
- Zoning: R-D(2) - Heavy Density Residential
Construction
Type & style
- Home type: Condo
- Property subtype: Condo/Co-Op
Condition
- Year built: 1967
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Pool
- Security: Smoke Detector(s), Security System, Other, Door Person
HOA
- Has HOA: Yes
- Amenities included: Full Time Manager
- Services included: Insurance, Cable TV, Common Area, Maintenance Structure, Trash, Pest Control, Sewer, Water
Location
- Region: Palm Beach
Financial & listing details
- Price per square foot: $938/sqft
- Tax assessed value: $2,220,099
- Annual tax amount: $33,575
- Date on market: 12/19/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $1,650,000-8.3%$938/sqft |
Source: Palm Beach BOR #25-1942 Report a problem | ||
| 4/8/2026 | Pending sale | $1,800,000$1,023/sqft |
Source: Palm Beach BOR #25-1942 Report a problem | ||
| 3/16/2026 | Listed for sale | $1,800,000$1,023/sqft |
Source:  BeachesMLS #R11148814 Report a problem | ||
| 3/9/2026 | Pending sale | $1,800,000$1,023/sqft |
Source:  Brown Harris Stevens #11148814 Report a problem | ||
| 3/9/2026 | Contingent | $1,800,000$1,023/sqft |
Source: Palm Beach BOR #25-1942 Report a problem | ||
| 12/19/2025 | Listed for sale | $1,800,000-5.3%$1,023/sqft |
Source: BeachesMLS #RX-11148814 Report a problem | ||
| 8/16/2025 | Listing removed | $1,900,000$1,080/sqft |
Source: Brown Harris Stevens #11030664 Report a problem | ||
| 5/16/2025 | Price change | $1,900,000-13.6%$1,080/sqft |
Source: BeachesMLS #RX-11030664 Report a problem | ||
| 1/27/2025 | Price change | $2,200,000-8.3%$1,250/sqft |
Source: BeachesMLS #RX-11030664 Report a problem | ||
| 10/22/2024 | Listed for sale | $2,400,000+1541%$1,364/sqft |
Source: Palm Beach BOR #24-1524 Report a problem | ||
| 11/1/1984 | Sold | $146,250$83/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $33,575 +845.2% | $2,220,099 +822% |
| 2024 | $3,552 -17.4% | $240,793 +3% |
| 2023 | $4,301 -1.3% | $233,780 +3% |
| 2022 | $4,359 -1.1% | $226,971 +3% |
| 2021 | $4,406 -3% | $220,360 +1.4% |
| 2020 | $4,544 +0.4% | $217,318 +2.3% |
| 2019 | $4,524 | $212,432 +1.9% |
| 2018 | $4,524 +6.3% | $208,471 +3.7% |
| 2017 | $4,257 +0.4% | $200,947 +2.1% |
| 2016 | $4,242 +3.9% | $196,814 +0.7% |
| 2015 | $4,083 -2.9% | $195,446 +0.8% |
| 2014 | $4,205 +48.4% | $193,895 +1.5% |
| 2013 | $2,835 +0.5% | $191,030 +1.7% |
| 2012 | $2,821 +1.2% | $187,837 +3% |
| 2011 | $2,788 +1.2% | $182,366 +1.5% |
| 2010 | $2,756 +7.2% | $179,671 +2.7% |
| 2009 | $2,572 +7.9% | $174,947 +0.1% |
| 2008 | $2,384 -4.8% | $174,772 +3% |
| 2007 | $2,503 -5.7% | $169,682 +2.5% |
| 2006 | $2,655 | $165,543 +3% |
| 2005 | -- | $160,721 +3% |
| 2004 | $1,428 +2594.7% | $156,040 +1.9% |
| 2003 | $53 -97.9% | $153,131 +2.4% |
| 2002 | $2,560 +0.5% | $149,542 +1.6% |
| 2001 | $2,548 +2.5% | $147,187 +3% |
| 2000 | $2,486 +1.8% | $142,900 |
| 1999 | $2,443 | -- |
Find assessor info on the county website
Neighborhood: 33480
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Nearby schools
GreatSchools rating
- 8/10Palm Beach Public SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Conniston Middle SchoolGrades: 6-8Distance: 2 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 3.6 mi
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Estimated market value
$1,675,100
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Estimated market value
$1,675,100
- Florida
- Palm Beach County
- Palm Beach
- 33480
- 389 S Lake Dr Apartment 2H
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