About this home
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.
Listing last checked: Listing updated:
Listed by Ashley Drew Copeland · Brown Harris Stevens of PB · MLS #B26027444
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Marble, Tile, Wood
Building4 property facts
- Style
- Stock Cooperative
- Year built
- 1967
- Parking
- 1
- Roof
- Other
Land & utilities5 property facts
- Lot size
- 1.55 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- R-D(2) (city)
Financial3 property facts
- Annual taxes
- $55,481
- Assessment year
- 2025
- HOA fee
- $10,500 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $7,980,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$44,975 / monthAdjust
- Principal & interest
- $40,351
- Property tax
- $4,623
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $55,481. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $10,500. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 389 S Lake Drive #Phb
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