$880,000
Sold · March 6, 2026
381 S Lake Drive 8
Palm Beach, FL 33480
NASSAU SQUARE APTS INC
Explore the area: Palm Beach homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $880,000
- Vs. list price
- 29.6% under
- Days on market
- 201
- Price per sq ft
- $1,199
This 2-bedroom condo in ZIP 33480 sold for $880,000 on March 6, 2026. That was 29.6% below its final list price of $1,250,000. It first came on the market at $1,350,000, so the price was adjusted before it sold. It spent 201 days on the market. At $1,199 per square foot, it closed 344.1% above the $270 median of the 4 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $880,000
- Sold On
- March 6, 2026
- Days on Site
- 201 Days
- Bedrooms
- 2
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 734 sqft
- Total Sq Ft
- 734 sqft
- Lot Size
- 0.43 Acres
- Year Built
- 1949
- Property Type
- Condo
- MLS #
- R11108703
- Property Tax
- $7,722 (2024)
- HOA Fees
- $736 / Monthly
- Subdivision
- NASSAU SQUARE APTS INC
- County
- Palm Beach
- Status
- Sold
About This Property
Ideal low maintenance pied-a-terre, one block to Worth Ave. Town Docks, Bike Trail and Dog Park across the street. Two full bedrooms, one bath, Living, Dining and Kitchen with back door to charming, shared courtyard. Off street parking. Laundry on the premise and allowed in unit. Pet friendly with Board Approval. Maximum 50% mortgage rule. Building in excellent condition, land owned, new roof, full time management. Apartment is central air ready. BOARD WILL ALLOW RENOVATION THROUGHOUT THE YEAR, INCLUDING SEASON.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1949
- Property Condition
- Resale
- Number of Stories
- 2
- Garage Spaces
- 0
- Parking
- Assigned
- Direction Faces
- North
- Lot Size (Acres)
- 0.43
- Living Sq Ft
- 734
- Total Sq Ft
- 734
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R-D(2)
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Wall Window Units
- Heating
- Electric
- Flooring
- Wood
- Interior Features
- None / Stacked Bedrooms
- Main Level Bedrooms
- 2
- Main Level Baths
- 1
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Outdoor Living Area
- Architectural Style
- Other
- Patio & Porch
- Patio
- Lot Features
- Quarter To Half Acre Lot
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access
- View
- Garden / Intercoastal
Community & HOA
- HOA Fee
- $736 / Monthly
- HOA Includes
- Common Areas / Insurance / Maintenance Grounds / Water
- Association Amenities
- Laundry / None / Parking
- Community Features
- Marina
- Utilities
- Sewer Available / Water Available
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 5002
Schools
- Elementary School
- Palm Beach Public
- High School
- Forest Hill
About the Area
Browse Palm Beach homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Palm Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Palm Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 305
- Median List Price
- $2,620,000
- Median $/Sq Ft
- $1,467
- Avg Days on Market
- 178
Frequently Asked Questions
- How do I schedule a tour of 381 S Lake Drive 8, Palm Beach, FL 33480?
- Use the Tour button on this listing to request a showing of 381 S Lake Drive 8, Palm Beach, FL 33480. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 381 S Lake Drive 8, Palm Beach, FL 33480 still available?
- 381 S Lake Drive 8, Palm Beach, FL 33480 is currently listed as Sold, and has been on the market 201 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 381 S Lake Drive 8, Palm Beach, FL 33480?
- With 20% down ($250,000) on the $1,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 381 S Lake Drive 8, Palm Beach, FL 33480 is about $6,569/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 381 S Lake Drive 8, Palm Beach, FL 33480?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 381 S Lake Drive 8, Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 381 S Lake Drive 8, Palm Beach, FL 33480 have an HOA fee?
- Yes: 381 S Lake Drive 8, Palm Beach, FL 33480 carries an HOA fee of about $736 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 381 S Lake Drive 8, Palm Beach, FL 33480?
- 381 S Lake Drive 8, Palm Beach, FL 33480 is zoned for Palm Beach Public (elementary), Forest Hill (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 381 S Lake Drive 8, Palm Beach, FL 33480?
- Often, yes. The right offer on 381 S Lake Drive 8, Palm Beach, FL 33480 depends on how it's priced against comparable condo sales in Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Brown Harris Stevens of PB
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$880,000
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Listed by Maureen R. Woodward, Brown Harris Stevens of PB
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Recent Sales
Recently sold homes in ZIP 33480
These are the last 6 recorded closings in ZIP 33480, with the price each home actually sold for rather than what it was listed at. They closed at a median of $453 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$16,150,000
Sold · October 1, 2026
246 Emerald Lane
6 bed · 6.5 bath · 4,844 sqft · $3,334/sqft
$3,800,000 under the asking price
Sold$186,000
Sold · September 30, 2026
3605 S Ocean Boulevard 229
2 bed · 2 bath · 1,121 sqft · $166/sqft
$1,100 over the asking price
Sold$6,100,000
Sold · September 30, 2026
245 COLONIAL Lane
3 bed · 2 bath · 1,829 sqft · $3,335/sqft
$300,000 under the asking price
Sold$375,000
Sold · September 30, 2026
3475 S Ocean Boulevard 2020
2 bed · 2 bath · 1,395 sqft · $269/sqft
Sold$250,000
Sold · September 28, 2026
3589 S Ocean Boulevard 19
1 bed · 2 bath · 922 sqft · $271/sqft
$9,000 under the asking price
Sold$635,000
Sold · September 25, 2026
3546 S Ocean Boulevard 327
2 bed · 2 bath · 1,402 sqft · $453/sqft
$40,000 under the asking price
See every recorded sale in ZIP 33480 or find out what your ZIP 33480 home is worth.
