389 S Lake Drive #phb, Palm Beach, FL

$7,980,000

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3

Beds

3

Baths

2,443

Square feet

1.55

Acres

About 389 S Lake Drive #phb

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.

Residential home for sale in Palm Beach, FL at 389 S Lake Drive #phb. This 3 bedroom Residential home is priced at $3,266/sqft

Features of 389 S Lake Drive #phb

MLS® # B26027444
Price $7,980,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 2,443
Acres 1.55
Year Built 1967
Type Residential
Sub-Type Stock Cooperative
Style Traditional
Status Active

Community Information: Palm Beach

Address 389 S Lake Drive #phb
Area 5002
Subdivision THREE EIGHTY NINE CORP LESSEE
City Palm Beach
County Palm Beach
State FL
Zip Code 33480

Amenities of 389 S Lake Drive #phb

Amenities Elevator(s), Laundry, Management, Parking, Pool, Manager On Site, Trash Chute, Bike Storage, Community Room, Heated Pool, Lobby, Sidewalks, Street Lights, Security, Maintenance
Utilities Cable Available, Electricity Available, Sewer Available, Water Connected
Parking Assigned, Covered, Deeded, Guest
View Water, Intracoastal, Marina
Is Waterfront Yes
Waterfront Intracoastal Front
Has Pool No

Interior of 389 S Lake Drive #phb

Interior Features Built-in Features, Entrance Foyer, Pantry, Walk-In Closet(s), Bedroom Layout - Split, Storage
Appliances Electric Water Heater, Cooktop, Dryer, Disposal, Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer, Electric Cooktop, Freezer
Heating Central Individual
Cooling Central Individual
Fireplace No
# of Stories 6
Stories One

Exterior of 389 S Lake Drive #phb

Exterior Features Balcony
Windows Blinds, Drapes, Storm Window(s), Sliding
Roof Other
Construction CBS

School Information

Elementary Palm Beach Public
High Forest Hill

Additional Information On 389 S Lake Drive #phb

Listing Courtesy of Brown Harris Stevens of PB
Date Listed May 12th, 2026
Zoning R-D(2) (city)
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 10500

Listing Details

OfficeBrown Harris Stevens of PB

Listing Map

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