389 South Lake Drive, Unit 2D

Palm Beach, FL 33480

$3,200,000
Price
2
Beds
2
Baths
1,464 Sq. Ft.
$2,186 / Sq. Ft.
1,464
Sq. Ft.
$2,186
per Sq. Ft.

Description

Marvelous 2 bedroom 2 bathroom condominium. Bright and airy with 9'ceilings and Southern Exposure. Full Service building in privileged location, nestled steps away from the beach, world renowned Worth Avenue where refined dining, luxury and art come together!Marvelous 2 bedroom 2 bathroom condominium. Bright and airy with 9'ceilings and Southern Exposure. Full Service building in privileged location, nestled steps away from the beach, world renowned Worth Avenue where refined dining, luxury and art come together!
  1. Listed by Claudia Minervini • The Corcoran Group

Property Details for 389 South Lake Drive, Unit 2D

Subdivision
THREE EIGHTY NINE CORP LESSEE
Design
4+ Floors, Contemporary
Waterfront
Yes
Waterfront Details
Intracoastal Front, Ocean Access
View
Intracoastal, Lagoon, Lake
Furnished
Unfurnished
Style
Condo 5+ Stories, WF/Ocean Access

Location

Listing Courtesy of The Corcoran Group
Add your commute
LISTING UPDATED: 02/21/2024 02:55 PM

Property Details for 389 South Lake Drive, Unit 2D

StatusActive
MLS #RX-10959422
Days on Market75
Taxes$15,414 / year
HOA Fees$2,468 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo/Coop
Year Built1967
CountyPalm Beach County

Building

THREE EIGHTY NINE CORP LESSEE

41 Units6 StoriesBuilt in 1967

Location

Listing Courtesy of The Corcoran Group
Add your commute

Building Information for 389 South Lake Drive, Unit 2D

Building/ComplexTHREE EIGHTY NINE CORP LESSEEFloor2Stories6Residences41Pet PolicyNot AllowedYear Built1967

Payment Calculator

$21,216 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,464

Property Taxes

$1,285

HOA Dues

$2,468

The Payment Calculator is for illustrative purposes only.

Property Information for 389 South Lake Drive, Unit 2D

Summary
Location and General Information
  • Property Condition: Resale
  • Development Name: 389 Building
  • Directions: Okeechobee East, over Royal Palm Way Bridge, right turn on to South Lake Drive, corner of Peruvian and Lake.
  • Geo Area: Palm Beach 5001; 5002; 5003; 5004
  • Street Number: 389
  • Subdivision Complex Bldg: 389 Building, THREE EIGHTY NINE CORP LESSEE
  • Municipal Code: Palm Beach
  • State: FL
  • City Postal ID: 33480
  • MLS Area: 5002
  • MLS Sub Area: PB30
Parking
  • Garage Spaces: 1
  • Parking: Assigned Parking, Open Space Parking
  • Covered Spaces: 1
Taxes and HOA Information
  • Comm/Trans Brk: 2.5%
  • Governing Bodies: Condo
  • HOPA: No Hopa
  • Association Deposit: No
  • Tax Year: 2023
  • Application Fee: $150.00
  • Maintenance Fee Incl: Cable, Common Areas, Common R.E. Tax, Elevator, Insurance-Bldg, Maintenance-Exterior, Manager, Master Antenna/TV, Pest Control, Pool Service, Roof Maintenance, Trash Removal
  • HOA Dues: $2,468
  • Type of Governing Bodies: Condo
Property
Lot Information
  • Area: 5002
  • Front Exp: South
  • HOA Amenities: Mandatory
  • Lot Description: 1 to < 2 Acres
  • Parcel ID: 50434327630002040
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 1,702
  • Square Ft Source: Floor Plan
  • Ttl Units in Complex: 41
  • Zoning: R-D(2)
  • Front Exposure: South
Property and Assessments
  • Legal Desc: THREE EIGHTY NINE CORP LESSEE APT 2-D
  • Unit Floor #: 2
  • Unit Desc: Exterior Catwalk, Multi-Level
  • Sq Ft Liv Area: 1464.0
  • Legal Description: THREE EIGHTY NINE CORP LESSEE APT 2-D
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction, Concrete Block Construction, Concrete Block With Brick
  • Equip/Appl Included: Dishwasher, Disposal, Fire Alarm, Microwave, Range - Electric, Refrigerator, Smoke Detector
  • Exterior Features: Auto Sprinkler, Covered Patio, Open Patio, Shutters
  • Private Pool: No
  • Security: Doorman, TV Camera
  • Storm Protection: Accordion Shutters: Complete
  • Subdiv Amenities: Common Laundry, Elevator, Lobby, Manager on Site, Pool
  • Gated Community YN: No
Interior Features
  • W/D Allowed: No
  • Cooling: Central
  • Flooring: Carpet, Ceramic Tile
  • Heating: Central
  • Interior Features: Built-in Shelves, Foyer, Split Bedroom, Walk-in Closet
  • Window Treatments: Blinds, Sliding
  • Dining Area: Dining-Living
  • Main Level Bedrooms: 2
  • Main Level Bathrooms: 2
  • Guest Accommodations: No
  • Master Bath Features: Combo Tub/Shower
  • Master Bathroom Description: Combo Tub/Shower
  • Baths Total: 2
Master Bedroom
  • Primary Bedroom/Bath: Combo Tub/Shower
Multi Family
Multi-Family Information
  • Stories: 6.0
Rental
Rental Information
  • Pet Restrictions: Restrictions Or Possible Restrictions
  • Pets on Premises: Yes
  • Other Fees: $150
  • Pets Allowed: Yes
  • Lease Times per Year: 1

Property History for 389 South Lake Drive, Unit 2D

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 389 South Lake Drive, Unit 2D

Taxable ValueLand-Additions-Total-
Tax Record2023$15,414 ($1,285 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,414 SqFtAbove Grade Finished SqFt1,414 SqFtStyleCooperativeYear Built1967CountyPALM BEACHAPN50-43-43-27-63-000-2040

Schools near 389 South Lake Drive, Unit 2D

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Palm Beach Public School
PublicPK to 5

Conniston Middle School
Public6 to 8

Forest Hill Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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389 South Lake Drive, Unit 2D is a condo for sale in Palm Beach, FL 33480. This property was listed for sale on February 13, 2024 by The Corcoran Group, it's currently listed at $3,200,000. It has been on the market for a total of 75 days and was last sold on December 31, 2020. This listing's school district is Palm Beach. Nearby schools include Palm Beach Public School, Conniston Middle School and Forest Hill Community High School. 389 South Lake Drive, Unit 2D is a 2-bed, 2-bath, 1,464 sqft condo built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Corcoran Group

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.