THREE EIGHTY NINE CORP LES

389 S Lake Drive, Palm Beach FL 33480

3 beds · 3 baths · 2,443 ft²

For Sale · Active Listing

$7,980,000

Est. Payment $42,473/mo

MLS Sheet Video

3

Bedrooms

3

Bathrooms

2,443

Sq. Ft.

1967

Year Built

6

Stories

64

Days on Market

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.

Facts

MLS#
B26027444
Subdivision
THREE EIGHTY NINE CORP LES
Property Type
Residential
Property Sub Type
Stock Cooperative
Year Built
1967
Lot Size
67,518 ft²
Sq. Ft.
2,443 ft²
Sq. Mt.
227 m²
Price per sq. ft.
$3,266/ft²
Price per sq. mt.
$35,154/m²
Stories
6
Garage
Pool
Private
Days on Market
64 days
Listed
May 11, 2026
Last Updated
Jul 15, 2026
Price/Lot Sq.Ft.
$118/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

137

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/11/2026Listed for sale$7,980,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

389 S Lake Drive, Palm Beach FL 33480Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$49,273/mo

Principal & Interest

$42,473

Property Tax

$6,650

Insurance

$150

HOA

$0

20% ($1,596,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated 17 hours ago

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