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315 S Lake Drive # 1a, Palm Beach FL 33480

Condo/Co-op Recently Rented
$40,000

BTC: 0.49164208

ETH: 16.44736842

/mo
Sold on: 2026-10-12
New
Waterfront
2 bds
2 ba
1,816 sqft

Overview

Welcome to "The Southlake," an iconic and prestigious Palm Beach full-service residence designed by Howard Chilton. This elegant garden-level apartment (1 of 2 in the building) features a newly expanded 1,100 sq. ft. tropical outdoor terrace. Inside this spacious apartment, there are soaring 9-foot ceilings, two large bedrooms (each with walk-in closets), a dedicated office area and two additional sitting areas. Bathed in abundant afternoon light thanks to the west-facing orientation, this home radiates warmth and charm. Perfectly located, it offers easy access to the pool, covered parking, the newly revamped PB town docks, Worth Avenue and the beach. This hidden gem seamlessly blends comfort, convenience and the quintessential Palm Beach lifestyle you are looking for!

Location

Details

Type:
Residential Lease
Parking:
Assigned / Awning / Covered
Year Built:
1969
Lot:
No Data
Heating:
Central / Radiant
Price/sqft:
$15
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,875,000
$1.5M – $2.6M
Confidence Low
List vs. estimate
$1.8M below estimate
List $28,000 · -98.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$15
-94.2% vs. city median $263
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $3.8M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Pool
Community
View
Garden, Intracoastal View
Waterfront
Lake Access
Parking
1 spaces
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    • Wood

    Heating

    • Central

    • Radiant

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Built-in Features

    • French Doors

    • Split Bedroom

    • Walk-In Closet(s)

    • Den/Library/Office

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Awning

    • Covered

    Property

    • Pool Private: Yes

    • Exterior Features: East Of Us1 / Barbeque / Exterior Lights

    Other Property Information

    • Parcel Number: 50434322170010010

  • Type and style

    • Property Type: Residential Lease

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Source details

    • MLS ID: B26029932

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: East Of US 1 / Fenced

    • Patio And Porch Features: Patio

    • Pool Features: Community

    • Window Features: Complete Impact Glass / Sliding

    • Direction Faces: West

    • Architectural Style: Garden Apartment / Corner Unit

    • Waterfront: Yes

    • Attached Garage: Yes

    • Living Area: 1816

    • Subdivision Name: SOUTHLAKE CONDOMINIUM

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida LLC