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381 S Lake Drive # 16, Palm Beach FL 33480

Condo/Co-op Active With Contract
$1,260,000

BTC: 20.86092715

ETH: 790.12221811

-$65K (2026/04/13)
150 days
Waterfront
2 bds
2 ba
868 sqft

Overview

Lovely Nassau Square, very charming in town building close to shops and restaurants. Pet friendly with board approval. Only 16 units in the building and only 2 stories. The unit faces east and south on the second floor, off street parking, one block from Worth Avenue.

Location

Details

Type:
Residential
Parking:
On Street
Year Built:
1949
Lot:
0.43 Acres
Heating:
Central
Price/sqft:
$1,452
Cooling:
Central Air
HOA:
$1,088

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,500,000
$190K – $2.0M
Confidence Low
List vs. estimate
$240K below estimate
List $1,260,000 · -16.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$1,451
+465.3% vs. city median $256
Based on
15 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.7M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,527
2025
HOA
$1,088/mo
View
Garden
Waterfront
Intracoastal Front
Pets
Not allowed
All facts and features
  • Flooring

    • Other

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Range

    • Refrigerator

    Other interior features

    • No Interior Features

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • On Street

    Lot

    • Lot: 0.43 Acres

    Other Property Information

    • Parcel Number: 50434327660000160

    • Zoning: R-D(2)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,088

    • HOA Frequency: Monthly

    • Annual tax amount: $5,527

  • Source details

    • MLS ID: R11158137

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Direction Faces: Southeast

    • Other Structures: Livable

    • Waterfront: Yes

    • Living Area: 868

    • Subdivision Name: NASSAU SQUARE APTS INC

Private inquiry
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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: Brown Harris Stevens of PB