Three Eighty Nine Corp Lessee Homes for Sale

Three Eighty Nine Corp Lessee is a residential community in Palm Beach, Florida. Active listings are currently priced from $2.8M–$8M.

Pure Equity Realty covers Three Eighty Nine Corp Lessee and the Palm Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Three Eighty Nine Corp Lessee Palm Beach homes for sale as of October 2026. The median asking price is $5.37M. Asking prices run from $2.75M to $7.98M.

That is 99% above the Palm Beach median of $2.69M. On a per-foot basis, homes here ask about $2,452 per square foot, compared with $1,471 across Palm Beach. So the median price buys roughly 2,200 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 78 days on the market. That is faster than the Palm Beach average of 177 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Three Eighty Nine Corp Lessee date from 1967, so they are about 59 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Three Eighty Nine Corp Lessee is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Here is what the median Three Eighty Nine Corp Lessee price means in Florida closing terms. At $5.37M, a 20% down payment comes to about $1.07M, leaving a loan near $4.29M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $15,022. Next, the intangible tax of 0.2% adds about $8,584. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Three Eighty Nine Corp Lessee median, that is about $37,555.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.