Listing Snapshot

List Price	$7,980,000
Price / Sq Ft	$3,266
Beds	3
Baths	3
Living Area	2,443 sqft
Lot Size	1.55 acres

Year Built	1967
Property Tax	$55,480.63/yr
HOA / Condo Fee	$10,500 / quarterly
MLS #	1159896587
Status	Active
Days on Market	3

About This Home

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.

General Features

Property Type: Residential
Sub-type: StockCooperative
Style: Traditional
Stories: 6
Direction Faces: Southwest
Parking Spaces: 1
Parking: Assigned,Covered,Deeded,Guest
Zoning: R-D(2) (city)
Security: SecuritySystemOwned,SecuritySystem,BuildingSecurity,FireAlarm,FireSprinklerSystem,LobbySecured,PhoneEntry,SmokeDetectors,SecurityLights
Utilities: CableAvailable,ElectricityAvailable,SewerAvailable,WaterConnected
Subdivision: THREE EIGHTY NINE CORP LESSEE

Interior Features

Appliances: Cooktop,Dryer,Dishwasher,EnergyStarQualifiedRefrigerator,ElectricCooktop,ElectricRange,ElectricWaterHeater,Freezer,Disposal,IceMaker,Microwave,Oven,Refrigerator,WaterHeater,Washer
Flooring: Marble,Tile,Wood
Heating: Central,Individual
Cooling: CentralAir
Interior Features: BuiltInFeatures,Bathtub,EntranceFoyer,LivingDiningRoom,Pantry,SplitBedrooms,Storage,SoakingTub,SeparateShower,WalkInClosets
Laundry: LaundryCloset,WasherDryerInstallAllowed
Window Features: Blinds,Drapes,Sliding,StormWindows
Furnished: Unfurnished

Exterior Features

Construction: Block
Exterior Features: Balcony,OutdoorLivingArea
Roof: Other
Lot Features: OneToTwoAcres,SprinklersAutomatic
Patio / Porch: Covered,Balcony
Pool: No
Pool Features: Association,Heated
View: Intercoastal,Marina,Water
Waterfront: Yes
Waterfront Features: IntracoastalAccess

Community Features

Community Features: PropertyManagerOnSite,StreetLights
Association Amenities: BikeStorage,Clubhouse,MaintenanceGrounds,Laundry,Management,Pool,Parking,Security,Sidewalks,Trash,Elevators
Association Dues: $10,500 / quarterly
MLS Area: 5002