Full Property Details for 389 S Lake Dr #Phb
General
- Price: $7,980,000
- HOA FEE: $3,500/month
- HOA FEE FREQ.: Quarterly
- Taxes: $55,480 (2025)
- Status: Active
- Type: Co-op
- Source: Regional
- MLS ID: B26027444
- Updated: Today (5/12/2026)
- Added to Site: Today
Interior
- Number of Rooms: 3
- Interior Features: Built-in Features, Bathtub, Entrance Foyer, Living/Dining Room, Pantry, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Walk-In Closet(s)
- Appliances: Cooktop, Dryer, Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Cooktop, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
- Furnishings: Unfurnished
- Flooring: Marble, Tile, Wood
Rooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
- Total Bedrooms: 3
- Bedrooms Main: 3
- Laundry: Laundry Closet, Washer Dryer Install Allowed
Additional Information
- Shared Amenities: Bike Storage, Clubhouse, Maintenance Grounds, Laundry, Management, Pool, Parking, Security, Sidewalks, Trash, Elevator(s)
- Pool: Yes
- Pool Description: Association, Heated
- Security/Safety: Security System Owned, Security System, Building Security, Fire Alarm, Fire Sprinkler System, Lobby Secured, Phone Entry, Smoke Detector(s), Security Lights
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Covered, Balcony
Parking
- Total Spaces: 1
- Parking Features: Assigned, Guest
Location
- County: Palm Beach
- Subdivision: THREE EIGHTY NINE CORP LESSEE
- Driving Directions: On S. Lake Dr. on Intracoastal on corner of Peruvian Avenue
- Direction Faces: Southwest
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, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Sewer, Security, Trash
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Individual
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Available, Water Connected
Structural Information
- Architectural Style: Traditional
- Structure Type: Multi Family
- Construction: Block
- Roof: Other
- Windows: Blinds, Drapes, Sliding, Storm Window(s)
- Entry Floor Number: 6
- Stories/Levels: 6
- Building Size: 3337
- Square Feet: 2,443
- Sq. Ft. Source: Other
- Living Area: 2,443 Sq. Ft.
- Year Built: 1967
- Property Condition: Resale
Lot Features
- Property View: Intercoastal, Marina, Water
- Lot Size (Acres): 1.55
- Frontage: City Street
- Road Maintenance: Public Maintained Road
- Street Lights: Yes
- Lot Features: Sprinklers Automatic
- Land Lease Avail: Yes
- Zoning: R-D(2) (city)
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Intracoastal Access
- Water Front View: Intracoastal Access
Green Features
- Energy Efficient: Appliances
Financial Considerations
- Land Lease Fee: $179,550
- Land Lease Fee Freq: Quarterly
- Association Fee: $10,500
- Assoc Fee Freq.: Quarterly
- Assessment Amount: $3,221,020
- Tax Amount: $55,480.63
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: Standard, Listed As-Is
- Legal Description: THREE EIGHTY NINE CORP LESSEE PENTHOUSE B
- Property ID: 50434327630006020
Listed by Brown Harris Stevens of PB
NMLS#: 1598647
