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+20

389 S Lake Drive Phb

Palm Beach, FL, 33480

Active

$7,980,000

389 S Lake Drive Phb

Palm Beach, FL, 33480

Active

$7,980,000

3

Bedrooms

3

Bathrooms

2,443 sqft

Living Area

1967

Year Built

Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$1,596,000 down

%
Principal & Interest$41,407/mo
Property Tax (est. ~1.2%, varies by county)$7,980/mo
Home Insurance (est.)$250/mo
HOA Fees$3,500/mo
Total Monthly Payment$53,137
Loan Amount: $6,384,000Rate: 6.75%
Get Pre-Qualified

Estimated payments only. Actual rates and terms may vary.

Comparable Sales

$7,980,000Tour the dockSchedule a Showing

$10,500

HOA / Quarterly

38

Days on Market

Dock & Water AccessMLS

Intracoastal Front

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

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.

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Location

Palm Beach, FL, 33480

No price history available for this property.

Listing courtesy of Brown Harris Stevens of PB

Last updated: 6/18/2026

© 2026 Miami Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Miami Association of REALTORS®. Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone AE
BFE: 7ft

Special Flood Hazard Area

View FEMA Flood Map →
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