381 S Lake Drive 16, Palm Beach, FL 33480

$1,260,000 · Closed

  • 2 beds
  • 2 baths
  • 868 sq ft
  • Condominium
  • Built 1949
  • HOA $1,088.62/mo
  • Lot 18,730.8 sq ft
  • MLS# R11158137
  • Nassau Square Apts Inc
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About this home

Lovely Nassau Square, very charming in town building close to shops and restaurants. Pet friendly with board approval. Only 16 units in the building and only 2 stories. The unit faces east and south on the second floor, off street parking, one block from Worth Avenue.

Features

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Brown Harris Stevens of PB · Listing agent: Grace Graham Brown

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 381 S Lake Drive 16.

Questions About 381 S Lake Drive 16

How much is 381 S Lake Drive 16?
381 S Lake Drive 16 is listed at $1,260,000, which is about $1,452 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 381 S Lake Drive 16?
The listing reports an association fee of $1,089 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 381 S Lake Drive 16?
The listing reports annual property taxes of $5,528 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 381 S Lake Drive 16 built?
381 S Lake Drive 16 was built in 1949 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 381 S Lake Drive 16 been on the market?
381 S Lake Drive 16 has been listed for 150 days, and the asking price has been reduced from $1,325,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 381 S Lake Drive 16 waterfront?
Yes. The listing describes the water as intracoastal. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
How do I see 381 S Lake Drive 16?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 2 bedroom condo at 3300 S Ocean Boulevard 207N, Palm Beach, FL 33480 is comparable and listed for sale at $1,249,000. Another comparable condo, 3300 S Ocean Boulevard 103s, Palm Beach, FL 33480, sold for $1,200,000 in September 2026. Palm Beach neighborhoods include South End and Sloan's Curve. Nearby ZIP codes include 33401 and 33405. This property also neighbors West Palm Beach, Lake Worth Beach, and North Palm Beach. Compare it with the Palm Beach housing market report.