Premier Real Estate Group
low-541 / 39

389 S Lake Drive Phb

Palm Beach, FL 33480

MLS # B26027444· ActiveIDX IDX

$7,980,000

Bedrooms
3
Bathrooms
3
Living area
2,443 sq ft
Lot size
1.55 acres
Year built
1967
Type
Stock Cooperative
Days on market
157

About this home

Absolutely breathtaking panoramic views of the Intracoastal Waterway await from the expansive wraparound terraces of this exceptional penthouse, offering some of the finest vistas in Palm Beach. Rarely available, this elegant 3-bedroom, 3-bath residence lives like a private home and showcases timeless architectural details, including beautiful herringbone wood flooring throughout. Designed for both gracious entertaining and relaxed coastal living, every room opens to idyllic terraces with stunning water views. The handsome wood-paneled den, complete with a full bath and oversized walk-in closet, easily serves as a third bedroom or private office. Additional features include soaring ceilings, a spacious kitchen, impact sliding doors, and a convenient laundry closet. Ideally located at prestigious 389 South Lake, just one street from Worth Avenue, this remarkable residence is within walking distance to world-class shopping, fine dining, and the beach.

Details

MLS #B26027444
StatusActive
SubdivisionThree Eighty Nine Corp Lessee
CountyPalm Beach
ZIP33480
ViewWater, Intracoastal, Marina
WaterfrontYes
Private poolNo
Parking spaces1
Stories6
StyleTraditional
ConstructionCBS
RoofOther
FlooringMarble, Wood, Mexican Tile
HeatingCentral Individual
CoolingCentral Individual
AppliancesElectric Water Heater, Cooktop, Dryer, Disposal, Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer, Electric Cooktop, Freezer
Interior featuresBuilt-in Features, Entrance Foyer, Pantry, Walk-In Closet(s), Bedroom Layout - Split, Storage
Exterior featuresBalcony
FurnishedUnfurnished
PetsYes, Dogs OK, Pet Restrictions Possible
WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Available, Sewer Available, Water Connected
Association fee$10,500 / quarterly
Annual taxes$55,481

Listing courtesy of Brown Harris Stevens of PB, Ashley Copeland. Last updated Oct 15, 2026, 12:18 PM ET.

Request a showing

Mention MLS # B26027444 (389 S Lake Drive Phb) and when you would like to visit. A licensed real-estate professional will contact you.

Licensed brokerage

Premier Real Estate Group Inc

Broker of record Maxim Bohadana, Florida broker license BK3314523

(954) 703-4504

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IDX

The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 15, 2026, 12:18 PM ET.

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