Views
Address
389 S Lake Drive # 2f, Palm Beach, FL
Price
$ 2,800,000
Property Attributes
  • MLS#RX10948322
  • TypeCondos
  • CountyPALM BEACH
  • CityPalm Beach
  • Area5002
  • NeighborhoodThree Eighty Nine Corp Lessee
  • Zip33480
  • Style4+ Floors
  • Year Built1967
  • Taxes$ 6217
  • Price$ 2,800,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1703
  • Lot Size1.55119 Acres
Data Source:
Beaches MLS
Property Description

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.

Price History
1/8/2024 Listed $2,900,000
4/15/2024 4% - $2,800,000

General Features

Interior Features Elevator,Fire Sprinkler
Construction Concrete
Heating Central
Cooling Central
Utilities Cable,Electric,Public Sewer,Public Water
Possession At Closing
Parking Assigned
Pets Allowed Yes
Zoning R-D(2)
HOA Mandatory
Number of Garage Spaces 0.00
Status Active
Full Baths 2
Year Built 1967
REO No
Subdivision THREE EIGHTY NINE CORP LESSEE
Type Condo/Coop
Rooms Storage
Property Type A
Area 5002
Application Fee 100.00
Unit Number 2f
Auction No
Tax Year 2023
Terms Considered Cash,Conventional
Carport Spaces 1.00
Short Sale No
Restrict Buyer Approval,Commercial Vehicles Prohibited,Interview Required,No Lease First 2 Years,No Motorcycle,No Truck
Taxes 6217.72
Geo Lat 26.702047
Adult 55+ No Hopa
HOA/POA/COA (Monthly) 2065.96
Governing Bodies Coop
Membership Fee Required No
Virtual Tour https://www.propertypanorama.com/389-S-Lake-Drive-2f-Palm-Beach-FL-33480/unbranded
Geo Area PB30
Geo Lon -80.042923
Legal Description THREE EIGHTY NINE CORP LESSEE APT 2-F

Interior Features

Flooring Ceramic Tile
Furnished Y/N Unfurnished
Total Bedrooms 2
Master Bedroom/Bath Separate Tub
Unit Floor # 2.00
Total Bathrooms 2.00
SqFt - Living 1703.00
Total Floors/Stories 6.00
Equip/Appl Included Dishwasher,Disposal,Freezer,Ice Maker,Microwave,Range - Electric,Refrigerator

Exterior Features

Lot Description 1 to < 2 Acres,East of US-1
Waterfront No
Waterfront None
Design 4+ Floors
Private Pool Y/N No
Subdiv. Amenities Bike - Jog,Elevator
Storm Protection: Accordion Shutters Complete

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 33480

Price
AVG $2.18M
$2.8M
Taxes
AVG $15,410
$6,217
Visits
AVG 49
194
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1967

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