Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3 Beds
3 Baths
2,443 sqft

$7,980,000

389 S Lake Drive Unit: Phb, Palm Beach FL, 33480

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

Overview

Active

Listed May 11, 2026

Updated 11h ago

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
B26027444

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.55 Acres

Other Property Details

Taxes
$55,480
Tax Frequency
Annually
Association Fee Frequency
Quarterly
View
Yes
Pets Allowed
Yes
Waterfront
Yes
MLS provider logo

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2026 Miami Association of REALTORS® all rights reserved. 

Data last updated 8:50 AM UTC, 10/9/2026.

Listed by:  Brown Harris Stevens of PB, 561-659-6400

Powered by Luxury Presence