THREE EIGHTY NINE CORP LES

389 S Lake Drive # 5d, Palm Beach FL 33480

2 beds · 2 baths · 1,414 ft²

Closed

$1,500,000

Est. Payment $7,984/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,414

Sq. Ft.

1967

Year Built

6

Stories

4

Days on Market

Description

Experience the epitome of Palm Beach living at 389 S Lake Drive, an exclusive, full-service boutique building in the heart of Midtown. This light-filled residence is perfectly positioned just one block from world-renowned Worth Avenue, the scenic Lake Trail, and the town docks. Enjoy serene Intracoastal and pool views from your private oasis. The pet-friendly building offers a sophisticated lifestyle with premium amenities, including a professional doorman, heated swimming pool, on-site management, and assigned parking. Many units feature modern renovations, high ceilings, impact glass, and in-unit laundry. Don't miss this rare opportunity to own in one of the Island's most coveted locations

Facts

MLS#
R11149086
Subdivision
THREE EIGHTY NINE CORP LES
Property Type
Residential
Property Sub Type
Condominium
Year Built
1967
Lot Size
67,518 ft²
Sq. Ft.
1,414 ft²
Sq. Mt.
131 m²
Price per sq. ft.
$1,061/ft²
Price per sq. mt.
$11,450/m²
Stories
6
Garage
—
Pool
Private
Days on Market
4 days
Listed
Dec 19, 2025
Last Updated
Aug 18, 2026
Price/Lot Sq.Ft.
$22/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

October 2026

100/100
Buyers marketSellers market

77

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).

8/18/2026Sold$1,500,000
12/19/2025Listed for sale$1,500,000

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 # 5d, Palm Beach FL 33480Directions

Estimated Monthly Payment

$9,384/mo

Principal & Interest

$7,984

Property Tax

$1,250

Insurance

$150

HOA

$0

20% ($300,000)
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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