Relish one of the best water views in all of Palm Beach from this spacious penthouse with over 1,300 sf of wrap around terraces, perfect for outdoor entertaining and enjoyment with views up and down the Intracoastal. Located on the Intracoastal waterway overlooking the Palm Beach Marina. The apartment has a spacious open floor plan for living room, dining area and kitchen, with split bedrooms, with each room overlooking the Intracoastal. An added bonus is a one-bedroom guest apartment downstairs on the ground floor. One deeded covered parking with additional outdoor parking. Pet friendly. Excellent full-service building with 24 hr. doorperson, heated pool and only steps to world class shopping on Worth Avenue, restaurants and the beach.
Sold for $7,350,000
$7,350,000
389 S Lake Dr #Pha, Palm Beach, FL 33480
2beds
2,100sqft
Condo/Co-Op
Built in 1967
-- sqft lot
$7,441,700 Zestimate®
$3,500/sqft
$-- Estimated rent
Home value
$7,441,700
$6.70M - $8.26M
Not available
Zestimate® history
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List your homeWhat's special
Spacious penthouseHeated pool
Zillow last checked:
Listing updated:
Listed by:
ASHLEY COPELAND 561-596-5959,
Brown Harris Stevens of Palm Beach 5225
Bought with:
ALLISON KAVANAUGH WREN, 3199580
The Corcoran Group
Source: Palm Beach BOR,MLS#: 26-423
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Refrigerator, Freezer, Electric Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Oven
- Laundry: In Unit, Common Area
Features
- Storage, Pantry
- Flooring: Marble, Tile
- Doors: Impact Doors
- Windows: Window Treatments, Impact Windows
Interior area
- Total structure area: 3,337
- Total interior livable area: 2,100 sqft
Property
Features
- Exterior features: Balcony, Elevator, Lobby
- Has private pool: Yes
- Pool features: Gas Heat
- On waterfront: Yes
Details
- Parcel number: 50434327630006010
- 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: Clubhouse, Pool
- Security: Smoke Detector(s), Security System, 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: $3,500/sqft
- Tax assessed value: $4,000,000
- Annual tax amount: $58,240
- Date on market: 3/9/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Sold | $7,350,000-7.5%$3,500/sqft |
Source: Palm Beach BOR #26-423 Report a problem | ||
| 4/6/2026 | Pending sale | $7,950,000$3,786/sqft |
Source:  BeachesMLS #R11170010 Report a problem | ||
| 3/9/2026 | Listed for sale | $7,950,000+51.7%$3,786/sqft |
Source: Palm Beach BOR #26-423 Report a problem | ||
| 8/4/2023 | Sold | $5,239,161-11.2%$2,495/sqft |
Source: Palm Beach BOR #23-818 Report a problem | ||
| 8/2/2023 | Pending sale | $5,900,000$2,810/sqft |
Source: BeachesMLS #RX-10886374 Report a problem | ||
| 5/2/2023 | Listed for sale | $5,900,000$2,810/sqft |
Source: Palm Beach BOR #23-818 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $58,240 +2.9% | $3,910,200 -2.2% |
| 2024 | $56,606 +222.8% | $4,000,000 +272.5% |
| 2023 | $17,535 -0.7% | $1,073,736 +3% |
| 2022 | $17,664 -1.4% | $1,042,462 +3% |
| 2021 | $17,919 -1.4% | $1,012,099 +1.4% |
| 2020 | $18,173 +0.5% | $998,125 +2.3% |
| 2019 | $18,085 | $975,684 +1.9% |
| 2018 | $18,085 +5.4% | $957,492 +2.1% |
| 2017 | $17,155 -0.5% | $937,798 +2.1% |
| 2016 | $17,237 -0.1% | $918,509 +0.7% |
| 2015 | $17,249 -3.5% | $912,124 +0.8% |
| 2014 | $17,872 +15.5% | $904,885 +1.5% |
| 2013 | $15,476 +0.2% | $891,512 +1.7% |
| 2012 | $15,449 +0.7% | $876,610 +3% |
| 2011 | $15,337 +0.6% | $851,078 +1.5% |
| 2010 | $15,245 -7.1% | $838,500 -10% |
| 2009 | $16,411 -1.8% | $931,665 -5% |
| 2008 | $16,713 +0.4% | $980,700 -2.9% |
| 2007 | $16,651 -6.2% | $1,010,215 +2.5% |
| 2006 | $17,746 | $985,576 +3% |
| 2005 | -- | $956,870 +3% |
| 2004 | $9,853 +18490.2% | $929,000 +16.9% |
| 2003 | $53 -99.3% | $795,000 +122.1% |
| 2002 | $7,259 +22.2% | $358,000 +14.2% |
| 2001 | $5,940 +2.1% | $313,429 +3% |
| 2000 | $5,815 +0.5% | $304,300 |
| 1999 | $5,787 | -- |
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
$7,441,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$7,441,700
- Florida
- Palm Beach County
- Palm Beach
- 33480
- 389 S Lake Dr Unit Pha
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