How do I schedule a tour of 389 S Lake Drive 2g, Palm Beach, FL 33480?

Use the Tour button on this listing to request a showing of 389 S Lake Drive 2g, 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 389 S Lake Drive 2g, Palm Beach, FL 33480 still available?

389 S Lake Drive 2g, Palm Beach, FL 33480 is currently listed as Active, and has been on the market 12 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 389 S Lake Drive 2g, Palm Beach, FL 33480?

With 20% down ($550,000) on the $2,750,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 389 S Lake Drive 2g, Palm Beach, FL 33480 is about $14,452/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 389 S Lake Drive 2g, Palm Beach, FL 33480?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 389 S Lake Drive 2g, 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 389 S Lake Drive 2g, Palm Beach, FL 33480 have an HOA fee?

Yes: 389 S Lake Drive 2g, Palm Beach, FL 33480 carries an HOA fee of about $2,640 monthly (389 Corporation, Inc.). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 389 S Lake Drive 2g, Palm Beach, FL 33480?

389 S Lake Drive 2g, 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 389 S Lake Drive 2g, Palm Beach, FL 33480?

Often, yes. The right offer on 389 S Lake Drive 2g, 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.

Active

12 Days on Market

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$2,750,000

389 S Lake Drive 2g

Palm Beach, FL 33480

THREE EIGHTY NINE CORP LESSEE

Explore the area: Palm Beach homes for sale · Palm Beach County real estate

Price Check

How this price compares

List price: $2,750,000
Price per sq ft: $1,637
Vs. nearby sales: 62.2% above
Days on market: 12

This 2-bedroom condo in Three Eighty Nine Corp Lessee is listed at $2,750,000, or $1,637 per square foot. It has been on the market for 12 days. The 6 most recent condo sales in the closings shown below sold at a median of $1,009 per square foot, so the asking price is 62.2% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,680

Living Sq Ft

1967

Year Built

Estimated monthly payment

$14,452 /mo

Principal and interest only, based on $550,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,640/mo HOA are not included.

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Listing Snapshot

Price: $2,750,000
Days on Site: 12 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,680 sqft
Total Sq Ft: 1,680 sqft
Year Built: 1967
Property Type: Condo
MLS #: B26082191
Property Tax: $21,083 (2025)
HOA Fees: $2,640 / Monthly
Subdivision: THREE EIGHTY NINE CORP LESSEE
County: Palm Beach
Status: Active
Special Conditions: Standard

About This Property

A state-of-the-art, ultra-elegant two bedroom, two bathroom residence in the heart of Midtown overlooking the Intracoastal WITH ADDITIONAL DEN/OFFICE. Completely renovated with the finest materials, this light-filled apartment features raised ceilings, hand-scraped oak floors, custom cabinetry, and floor-to-ceiling impact doors opening to an enclosed loggia with serene pool views. The chef's kitchen includes Subzero, Miele, and Bosch appliances plus a 105-bottle wine fridge. Luxurious primary suite, guest suite, and private study. Full-service, pet-friendly boutique building with doorman—just steps from Worth Avenue. Includes parking for two cars. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. Copyright 2023 Listing Company. All Rights Reserved.

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 1967
Property Condition: Resale
Number of Stories: 6
Parking: Carport / Detached Carport / Open
Direction Faces: South
Lot Size (Acres): 0
Living Sq Ft: 1,680
Total Sq Ft: 1,680
Structure Type: Multi Family
Sewer: Public Sewer
Water Source: Public
Zoning: R-D(2)

Interior Features

Appliances: Cooktop / Dryer / Dishwasher / Electric Cooktop / Electric Range / Free Standing Freezer / Ice Maker / Microwave / Oven / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Marble / Other / Parquet / Tile / Vinyl / Wood
Interior Features: Bidet / Built In Features / Closet Cabinetry / Entrance Foyer / Elevator / Living Dining Room / Split Bedrooms / Separate Shower
Laundry: Inside / In Kitchen / Washer Dryer Install Allowed
Main Level Bedrooms: 2
Main Level Baths: 2
Total Rooms: 7
Furnished: Unfurnished

Exterior Features

Construction: CBS Concrete Block Structure / Block
Roof: Other
Pool Features: Association
Waterfront: Yes
Waterfront Features: Intracoastal Access
View: Pool

Community & HOA

HOA Fee: $2,640 / Monthly
HOA Name: 389 Corporation, Inc.
HOA Includes: Common Areas / Cable Tv / Insurance / Maintenance Grounds / Pest Control / Sewer / Trash / Water
Association Amenities: Clubhouse / Management / Pool / Parking / Elevators
Community Features: Property Manager On Site
Security: Fire Sprinkler System / Lobby Secured / Smoke Detectors
Utilities: Cable Available / Electricity Available / Sewer Available / Water Available
Pets Allowed: Number Limit / Pet Restrictions / Size Limit / Yes
Financing Terms: Cash / Conventional
Restrictions: Buyer Approval Required / No Lease2nd Year Owned / Ok To Lease
MLS Area: 5002

Schools

Elementary School: Palm Beach Public
High School: Forest Hill

About the Community

Three Eighty Nine Corp Lessee

View Community Details →

Homes for Sale: 2
Under Contract: 0
Median List Price: $5,365,000
Median $/Sq Ft: $2,452
Avg Days on Market: 82

View all 2 homes for sale in Three Eighty Nine Corp Lessee →

Frequently Asked Questions

How do I schedule a tour of 389 S Lake Drive 2g, Palm Beach, FL 33480?: Use the Tour button on this listing to request a showing of 389 S Lake Drive 2g, 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 389 S Lake Drive 2g, Palm Beach, FL 33480 still available?: 389 S Lake Drive 2g, Palm Beach, FL 33480 is currently listed as Active, and has been on the market 12 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 389 S Lake Drive 2g, Palm Beach, FL 33480?: With 20% down ($550,000) on the $2,750,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 389 S Lake Drive 2g, Palm Beach, FL 33480 is about $14,452/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 389 S Lake Drive 2g, Palm Beach, FL 33480?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 389 S Lake Drive 2g, 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 389 S Lake Drive 2g, Palm Beach, FL 33480 have an HOA fee?: Yes: 389 S Lake Drive 2g, Palm Beach, FL 33480 carries an HOA fee of about $2,640 monthly (389 Corporation, Inc.). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 389 S Lake Drive 2g, Palm Beach, FL 33480?: 389 S Lake Drive 2g, 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 389 S Lake Drive 2g, Palm Beach, FL 33480?: Often, yes. The right offer on 389 S Lake Drive 2g, 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 Douglas Elliman

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 October 1, 2026.

$2,750,000

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Listed by Cara Coniglio McClure, Douglas Elliman

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Recently sold homes in Three Eighty Nine Corp Lessee

These are the last 6 recorded closings in Three Eighty Nine Corp Lessee, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,080 per square foot. The most recent closed on May 21, 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.