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$2,995,000 -$304,000 (-9.21%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,680 Sq. Ft.
  • Updated 8 hours ago
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A state-of-the-art, ultra-elegant two bedroom, two bathroom residence in the heart of Midtown overlooking the Intracoastal WITH AN ADDITIONAL DEN/OFFICE. Completely renovated with the finest materials, this light-filled apartment features raised ceilings, hand-scraped oak floors, custom cabinetry, and floor-to-ceiling impact doors opening to an enclosed loggia with serene pool views. The chef's kitchen includes Subzero, Miele, and Bosch appliances plus a 105-bottle wine fridge. Luxurious primary suite, guest suite, and private study. Full-service, pet-friendly boutique building with doorman'"just steps from Worth Avenue. Includes parking for two cars. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. Copyright 2023 Listing Company. All Rights Reserved.

Full Property Details for 389 S Lake Dr #2g

General

  • Price: $2,995,000
  • HOA FEE: $2,640/month
  • Taxes: $20,239 (2024)
  • Status: Active
  • Type: Condo
  • Source: Regional
  • MLS ID: R11143432
  • Updated: 3/9/2026
  • Added to Site: 104 day(s) ago

Interior

  • Interior Features: Bidet, Built-in Features, Closet Cabinetry, Entrance Foyer, Elevator, Living/Dining Room, Split Bedrooms, Separate Shower
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Marble, Other, Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2

Other Rooms

  • Laundry: Inside

Additional Information

  • Shared Amenities: Clubhouse, Pool, Parking, Elevator(s)
  • Pool: Yes
  • Pool Description: Association
  • Security/Safety: Fire Sprinkler System, Lobby Secured, Smoke Detector(s)

Parking

  • Carports: Yes
  • Carport Spaces: 1
  • Covered Spaces: 1

Location

  • County: Palm Beach
  • Subdivision: THREE EIGHTY NINE CORP LESSEE
  • Direction Faces: South

School Information

  • Elementary School: Palm Beach Public
  • High School: Forest Hill

Community

  • Community Name: 5002
  • Association: Yes
  • Assoc. Fees Include: Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Sewer, Trash, Water

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Sewer Available, Water Available

Structural Information

  • Construction: Block
  • Stories/Levels: 6
  • Building Size: 1680
  • Square Feet: 1,680
  • Living Area: 1,680 Sq. Ft.
  • Year Built: 1967
  • Property Condition: Resale

Lot Features

  • Property View: Pool
  • Lot Features: 1-2 Acres
  • Zoning: R-D(2)

Water Features

  • Water Front: Yes
  • Water Front Desc.: Intracoastal Access
  • Water Front View: Intracoastal Access

Financial Considerations

  • Association Fee: $2,640
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $20,239
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: EL CID COURT E 15.5 FT OF LT 3, LTS 4 & 5 & W 5 FT OF LT 6 BLK 4
  • Property ID: 50434327630002070

Listed by Douglas Elliman

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Listing agents

— 389 S Lake Dr #2g —

  • Douglas Elliman

  • Douglas Elliman

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 389 S Lake Dr #2g

School District:Palm Beach County School District
NameGradesDistance
Palm Beach Public School
239 Cocoanut Row, Palm Beach, FL 33480
K-50.4 mi
Conniston Middle School
3630 Parker Avenue, West Palm Beach, FL 33405
6-82 mi
Forest Hill Community High School
6901 Parker Avenue, West Palm Beach, FL 33405
9-123.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 389 S Lake Dr #2g Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/09/2026
Price Reduced
$2,995,000
-9.21%
MLS
2/11/2026
Price Reduced
$3,299,000
-5.72%
MLS
11/24/2025
Listed
$3,499,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 389 S Lake Dr #2g

Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,087
4%
$1,818,055
—
2024
$20,239
9%
$1,816,213
20%
2023
$18,636
56%
$1,516,455
134%
2021
$11,959
-13%
$646,697
-18%
2022
$13,745
15%
$793,455
23%
2021
$11,959
4%
$646,939
18%
2019
$11,465
13%
$548,975
10%
2018
$10,158
8%
$499,068
11%
2017
$9,398
11%
$451,000
10%
2016
$8,429
2%
$410,000
9%
2015
$8,231
8%
$375,100
10%
2014
$7,656
34%
$341,000
10%
2013
$5,694
—
$310,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Douglas Elliman

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389 S Lake Drive #2g, Palm Beach, FL 33480 (MLS# R11143432) is a Condo property with 2 bedrooms and 2 full bathrooms. 389 S Lake Drive #2g is currently listed for $2,995,000 and was received on November 25, 2025. Want to learn more about 389 S Lake Drive #2g? Do you have questions about finding other Condo real estate for sale in Palm Beach? You can browse all Palm Beach real estate or contact a Coldwell Banker agent to request more information.

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