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3 Beds
3 Baths
2,443 sqft

$7,980,000

389 S Lake Drive PHB, Palm Beach FL, 33480

Price per sqft$3,266.48
Built in1967
Property size2,443 sqft
Property typeCo-op

Overview

Active

Listed May 12, 2026

Updated Aug 11

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.

$53,091/mo

Est. mortgage payment based on a $7,980,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-770

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Basement
No

Other Property Details

Taxes
$55,481
Tax Frequency
Annually
Maintenance Expense
$10,500
Pool
Yes
Waterfront
Yes

Also listed on RMLS & RAGFL

MLS provider logo

Listed by ASHLEY COPELAND with Brown Harris Stevens of Palm Beach 5225
Listing Contact: [email protected] 

The IDX display contains information sourced from the Palm Beach Board of REALTORS® as of 8/11/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Palm Beach Board of REALTORS® all rights reserved.

Data last updated on 8/11/2026 at 3:11 PM UTC

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