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3 Beds
3 Baths
2,443 sqft

$7,980,000

389 S Lake Drive Phb, Palm Beach FL, 33480

Price per sqft$3,266.48
Built in1967
Property size2,443 sqft
Property typeCo-op

Overview

Active

Listed May 12, 2026

Updated 10h ago

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.

$53,091/mo

Est. mortgage payment based on a $7,980,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
B26027444

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.55 Acres

Other Property Details

Taxes
$55,481
Tax Frequency
Annually
Association Fee Frequency
Quarterly
View
Yes
Pets Allowed
Yes
Waterfront
Yes
55+/Senior Community
No

Listed with Brown Harris Stevens of PB

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 8:25 AM UTC, 10/9/2026

 

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