389 S Lake Drive 3h, Palm Beach, FL 33480

Sold $1,900,000 · Apr 16, 2026

Last asking price $2,500,000 · 76% of asking · 49 days on market

Similar Homes for Sale Nearby

  • 2 beds
  • 2 baths
  • 1,760 sq ft
  • Condominium
  • Built 1967
  • HOA $2,587.46/mo
  • Lot 67,518 sq ft
  • Palm Beach County
  • MLS# R11159980
  • Three Eighty Nine Corp Lessee
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About this home

BEST IN TOWN VALUE! Renovated to perfection, no cost spared. Full impact doors and windows, new kitchen with Carrara marble counters, new baths, and beautiful wide-plank wood floors throughout the main rooms. Views of the Intracoastal, Town Docks, and the building swimming pool. Conveniently located one street north of Worth Avenue on the corner of Peruvian Avenue and the Town Docks. The 389 Building is professionally managed with a full-time doorman and off-street parking. The building has undergone extensive quality enhancements, resulting in a new, more modern facade.

Features

Schools

  • Elementary: Palm Beach Public
  • High: Forest Hill

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Brown Harris Stevens of PB · Listing agent: Maureen Woodward

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What is your home worth?

389 S Lake Drive 3h sold on Apr 16, 2026. If you own nearby, get a free home valuation or see homes for sale in Palm Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 389 S Lake Drive 3h

What did 389 S Lake Drive 3h sell for?
389 S Lake Drive 3h sold for $1,900,000 on Apr 16, 2026, about 76% of its last asking price of $2,500,000 and about $1,080 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the association fees at 389 S Lake Drive 3h?
The listing reported an association fee of $2,587 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.
What are the property taxes on 389 S Lake Drive 3h?
The listing reported annual property taxes of $3,657 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 389 S Lake Drive 3h built?
389 S Lake Drive 3h was built in 1967 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 was 389 S Lake Drive 3h on the market?
389 S Lake Drive 3h was on the market for 49 days before it sold, after the asking price was reduced from $3,450,000 to $2,500,000.
Is 389 S Lake Drive 3h waterfront?
Yes. The listing described the water as intracoastal.
Is 389 S Lake Drive 3h still for sale?
No. 389 S Lake Drive 3h sold on Apr 16, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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A comparable condo, 2000 S Ocean Boulevard 103, Palm Beach, FL 33480, sold for $2,687,000 in September 2026. Palm Beach neighborhoods include Sloan's Curve and Ibis Isle. Nearby ZIP codes include 33401 and 33405. This property also neighbors West Palm Beach, Cloud Lake, and Lake Clarke Shores. Compare it with the Palm Beach housing market report.