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389 S Lake Drive # 2g, Palm Beach FL 33480

Condo/Co-op For Sale
$2,750,000

BTC: 33.34141610

ETH: 1,037.73584906

New
Waterfront
2 bds
2 ba
1,680 sqft

Overview

A state-of-the-art, ultra-elegant two bedroom, two bathroom residence in the heart of Midtown overlooking the Intracoastal WITH ADDITIONAL DEN/OFFICE. Completely renovated with the finest materials, this light-filled apartment features raised ceilings, hand-scraped oak floors, custom cabinetry, and floor-to-ceiling impact doors opening to an enclosed loggia with serene pool views. The chef's kitchen includes Subzero, Miele, and Bosch appliances plus a 105-bottle wine fridge. Luxurious primary suite, guest suite, and private study. Full-service, pet-friendly boutique building with doorman—just steps from Worth Avenue. Includes parking for two cars. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. Copyright 2023 Listing Company. All Rights Reserved.

Location

Details

Type:
Residential
Parking:
1 Space / Open
Year Built:
1967
Lot:
No Data
Heating:
Central
Price/sqft:
$1,637
Cooling:
Central Air
HOA:
$2,640

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,895,000
$2.8M – $5.1M
Confidence Low
List vs. estimate
$2.1M below estimate
List $2,750,000 · -43.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$1,636
+528.7% vs. city median $260
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$21,083
2025
HOA
$2,640/mo
Pool
Community
View
Pool
Waterfront
Intracoastal Front
Parking
2 spaces
Pets
Allowed
All facts and features
  • Flooring

    • Marble

    • Other

    • Parquet

    • Tile

    • Vinyl

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Free-Standing Freezer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Built-in Features

    • Closet Cabinetry

    • Elevator

    • Fire Sprinklers

    • Entrance Foyer

    • French Doors

    • Split Bedroom

    • Den/Library/Office

    • Other

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Open

    Property

    • Levels: 6

    • Pool Private: Yes

    Other Property Information

    • Parcel Number: 50434327630002070

    • Zoning: R-D(2)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $2,640

    • HOA Frequency: Monthly

    • Annual tax amount: $21,083

  • Source details

    • MLS ID: B26082191

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Pool Features: Community

    • Window Features: Complete Impact Glass

    • Direction Faces: South

    • Other Structures: Livable

    • Waterfront: Yes

    • Living Area: 1680

    • Water Source: Public

    • Subdivision Name: THREE EIGHTY NINE CORP LES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: Douglas Elliman