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Jacky Reid
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389 S Lake Drive, Unit Pha, Palm Beach, FL 33480

$7,950,000

9 Total Photos [Click to View All]

Property Description

Relish one of the best water views in all of Palm Beach from this spacious penthouse with over 1,300 sf of wrap around terraces, perfect for outdoor entertaining and enjoyment with views up and down the Intracoastal. Located on the Intracoastal waterway overlooking the Peruvian town docks. The apartment has a spacious open floor plan for living room, dining area and kitchen, with split bedrooms, with each room overlooking the Intracoastal. An added bonus is a one-bedroom guest apartment downstairs on the ground floor. One covered parking with additional outdoor parking. Pet friendly. Excellent full-service building with 24 hr. doorperson, heated pool and only steps to world class shopping on Worth Avenue, restaurants and the beach.

389 S Lake Drive, Unit Pha | MLS# RX-11170010

This condo located at 389 S Lake Drive, Unit Pha, Palm Beach, FL 33480 is currently listed for sale with an asking price of $7,950,000. This property was built in 1967 and has 2 bedrooms and 2 full and 1 partial baths with 3337 sq. ft. S Lake Drive, Unit Pha is located in the THREE EIGHTY NINE CORP LESSEE subdivision. Search THREE EIGHTY NINE CORP LESSEE real estate on jackyreid.watsonrealtycorp.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Individual
Heating: Central Individual
Stories: 1.0
Taxes: $58,240
Year Built: 1967
Square Feet: 3,337

Amenities

Bar
Entrance Foyer
Pantry
Walk-In Closet(s)
Bedroom Layout - Split
Storage
Balcony

Feature Descriptions

Appliances: Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer
Association Amenities: Elevator(s), Laundry, Management, Parking, Pool, Storage, Manager On Site, Trash Chute, Bike Storage, Community Room, Internet Included, Lobby, Street Lights
Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Water
Carport Spaces: 1
Days on Site: 3
Exterior: CBS
Flooring: Ceramic Tile, Marble
Furnished: Unfurnished
HOA Fee: $3960.5/ Monthly
Parcel#: 50434327630006010
Parking: Assigned, Detached Carport, Guest, Carport
Parking Notes: Assigned, Detached Carport, Guest, Carport
Pets Allowed: Yes, Number Limit, Size Limit, Pet Restrictions Possible
Security: yes
Security: Closed Circuit Camera(s), Fire Sprinkler System, Security System Owned, Security System, Lobby - Attende
Sewer: Public Sewer
Special View Info: Intracoastal
SQFT Living: 2100
Structure Type: Multi Family
Total Rooms: 3
Utilities: Cable Available, Sewer Available, Water Available
Utilities: Cable Available, Sewer Available, Water Available
Water: Public
Waterfront Features: Intracoastal
Windows: Sliding

Room Sizes

Living Room: 1 X 1 Level Main
Kitchen: 1 X 1 Level Main
Primary Bedroom: 1 X 1 Level Main

Local Schools

High School: Forest Hill
Middle School: Conniston Community
Elementary School: Palm Beach Public

Listed By / Shown By

Listed By

Agency Name: Brown Harris Stevens of PB
Agency Phone: 561-659-6400

Shown By

Agent Name: Jacky Reid
Agent Phone: (904) 612-8492
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 45,508.19 per month $38,336.10 Principal & Interest $4,853.33 Property Tax $2,318.75 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/12/2026. The listing information on this page last changed on 03/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/12/2026 2:58:30 AM EST) or GAMLS (last updated Wed 03/11/2026 11:14:54 PM EST) or Stellar MLS (last updated Thu 03/12/2026 1:59:09 AM EST) or SPC MLS (last updated Wed 03/11/2026 11:20:33 PM EST) or Martin MLS (last updated Wed 03/11/2026 11:38:11 PM EST) or Indian River MLS (last updated Wed 03/11/2026 11:30:23 PM EST) or Daytona MLS (last updated Wed 03/11/2026 11:36:50 PM EST) or Northeast Florida MLS (last updated Thu 03/12/2026 12:18:43 AM EST) or Beaches MLS (last updated Thu 03/12/2026 2:36:11 AM EST) or BORMLS (last updated Wed 03/11/2026 11:16:09 PM EST) or Golden Isles MLS (last updated Wed 03/11/2026 11:26:30 PM EST) or Amelia/Nassau MLS (last updated Wed 03/11/2026 11:25:21 PM EST) or Dixie Gilchrist Levy MLS (last updated Wed 03/11/2026 11:42:21 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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