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Sold for $2,300,000
  • $2,300,000

    389 S Lake Dr APT 4C, Palm Beach, FL 33480

    2beds
    1,984sqft
    Condo/Co-Op
    Built in 1967
    -- sqft lot
    $2,354,000 Zestimate®
    $1,159/sqft
    $18,811 Estimated rent

    Home value

    $2,354,000

    $2.10M - $2.64M

    $18,811/mo

    Zestimate® history
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    What's special

    Renovated kitchenEnclosed terrace spacePalm tree topsImpact glassPartially open terraceBuilt-in bookshelves
    Views to Town Docks and Everglades lagoon! The gentle curve of this Howard Chilton designed building provides beautifully varied view angles for this ''C'' line unit. From the partially open terrace, to your right you look across the palm tree tops to the yachts tethered at the docks, or turn left to watch pelicans drifting on the lagoon. Unit is fully updated with impact glass and renovated kitchen and baths, and some well crafted built-in bookshelves. With its enclosed terrace space 4C encompasses almost 2,000 sqft under AC and another 200 sqft of terrace. To appreciate it, you've got to come see it.

    Zillow last checked:

    Listing updated:

    Listed by:

    JOHN CREGAN 847-651-7210,

    Sotheby's International Realty, Inc.,

    LISA CREGAN 847-910-1303

    Bought with:

    JOHN CREGAN, 3439962

    Sotheby's International Realty, Inc.

    Source: Palm Beach BOR,MLS#: 25-585

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Electric Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Oven
    • Laundry: In Unit, Common Area
    Features
    • Storage
    • Flooring: Marble, Tile, Carpet
    • Doors: Impact Doors
    • Windows: Window Treatments, Impact Windows
    Interior area
    • Total structure area: 2,221
    • Total interior livable area: 1,984 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Exterior features: Balcony, Elevator, Lobby, Sprinkler System, Other
    • Has private pool: Yes
    • Pool features: Gas Heat, Fresh Water
    • On waterfront: Yes
    Details
    • Parcel number: 50434327630004030
    • 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), Door Person
    HOA
    • Has HOA: Yes
    • Amenities included: Full Time Manager
    • Services included: Insurance, Cable TV, Common Area, Maintenance Structure, Sewer, Water
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $1,159/sqft
    • Tax assessed value: $2,340,063
    • Annual tax amount: $29,219
    • Date on market: 3/31/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash

    Price history

    DateEventPrice
    6/30/2025Sold$2,300,000-17.9%$1,159/sqft
    Source: Palm Beach BOR #25-585 Report a problem
    5/16/2025Pending sale$2,800,000$1,411/sqft
    Source: Palm Beach BOR #25-585 Report a problem
    3/31/2025Listed for sale$2,800,000+164.2%$1,411/sqft
    Source: BeachesMLS #RX-11076772 Report a problem
    5/19/2017Sold$1,060,000-11.3%$534/sqft
    Source: BeachesMLS #R10199748 Report a problem
    4/3/2017Pending sale$1,195,000$602/sqft
    Source: The Corcoran Group #9753 Report a problem
    2/3/2017Price change$1,195,000-20.1%$602/sqft
    Source: The Corcoran Group #9753 Report a problem
    11/10/2016Price change$1,495,000-10.7%$754/sqft
    Source: The Corcoran Group #9753 Report a problem
    9/23/2016Price change$1,675,000-6.7%$844/sqft
    Source: The Corcoran Group #9753 Report a problem
    1/18/2016Listed for sale$1,795,000+162%$905/sqft
    Source: The Corcoran Group #RX-10199748 Report a problem
    11/25/2013Sold$685,000-11.6%$345/sqft
    Source: Agent Provided Report a problem
    2/26/2013Listed for sale$775,000$391/sqft
    Source: Corcoran Group Palm Beach #R3347053 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$30,637 +4.9%$1,787,199 +10%
    2024$29,219 +7.5%$1,624,726 +10%
    2023$27,193 +22%$1,477,024 +10%
    2022$22,281 +12.6%$1,342,749 +19.1%
    2021$19,790 -2.2%$1,127,802 0%
    2020$20,242 +3.5%$1,128,205 +8.5%
    2019$19,552 $1,039,436 +10%
    2018$19,552 +15.5%$944,942 -13.7%
    2017$16,932 -14.6%$1,095,000 +82.8%
    2016$19,821 +79.8%$598,883 +0.7%
    2015$11,023 -3.5%$594,720 +0.8%
    2014$11,418 +54.5%$590,000 +33.1%
    2013$7,388 +0.3%$443,340 +1.7%
    2012$7,369 +0.8%$435,929 +3%
    2011$7,308 +0.7%$423,232 +1.5%
    2010$7,254 +6.7%$416,977 +2.7%
    2009$6,798 +8%$406,015 +0.1%
    2008$6,297 +0.3%$405,609 +3%
    2007$6,275 -6%$393,795 +2.5%
    2006$6,679 $384,190 +3%
    2005-- $373,000 +120.2%
    2004$1,574 +2869.7%$169,408 +1.9%
    2003$53 -98.1%$166,249 +2.4%
    2002$2,818 +0.5%$162,353 +1.6%
    2001$2,805 +2.4%$159,796 +3%
    2000$2,739 +4.9%$155,142
    1999$2,612 --
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,354,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,354,000