389 S Lake Dr #2f

$2,800,000, 2 Beds 2 Baths 1,703 Sqft 1.55 Acres

About This Property

Location! Location! Location! One block to Worth Avenue and steps to the state-of-the-art Palm Beach Marina. This very spacious 2 bedroom/2 bath apartment with 9' ceilings has lovely views of the pool and gardens. Light and bright open floor plan. Master bedroom includes a very large walk-in closet. The 389 South Lake Drive is a full-service building with 24 hour doorman. One assigned parking space. Rentals are prohibited for the first two years of membership. Then only twice in ten years. Sub-leases cannot be for less than three months or more than twelve months. No sub-sub-leasing is allowed. Sub-lessees are not allowed to have pets. 389's land lease goes back to 1959 and ends on April 23, 2058.

Essential Information

MLS® #RX-10948322
Price$2,800,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,703
Acres1.55
Year Built1967
TypeResidential
Sub-TypeCondo or Coop
Style4+ Floors
StatusActive

Community Information

Address389 S Lake Dr #2f
Area5002
SubdivisionTHREE EIGHTY NINE CORP LESSEE
CityPalm Beach
CountyPalm Beach
StateFL
Zip Code33480

Amenities

AmenitiesBike - Jog, Elevator
Parking Spaces1
ParkingAssigned
WaterfrontNone

Utilities

Cable, 3-Phase Electric, Public Sewer, Public Water

Interior

Interior FeaturesElevator, Fire Sprinkler
HeatingCentral
CoolingCentral
# of Stories6
Stories6.00

Appliances

Dishwasher, Disposal, Freezer, Ice Maker, Microwave, Range - Electric, Refrigerator

Exterior

Lot Description1 to < 2 Acres, East of US-1
ConstructionConcrete

Additional Information

ZoningR-D(2)
HOA Fees2066
HOA Fees Freq.Monthly

Listing Details

OfficeWilliam Raveis South Florida

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389 S Lake Dr #2f, Palm Beach (MLS® #RX-10948322) Property History

Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $2,900,000 to $2,800,000
Status Changed from New to Active

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Listing information last updated on May 16th, 2024 at 8:45pm CDT.

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