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.

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

389 S Lake Drive 2g, Palm Beach, FL 33480 · $2,750,000 · 2 bd · 2 ba · 1,680 sq ft
3360 S Ocean Boulevard 5fii, Palm Beach, FL 33480 · $2,500,000 · 3 bd · 3 ba · 2,119 sq ft
3440 S OCEAN Boulevard 708S, Palm Beach, FL 33480 · $2,499,000 · 2 bd · 2 ba · 1,883 sq ft
250 Bradley Place 307, Palm Beach, FL 33480 · $2,495,000 · 2 bd · 2 ba · 1,227 sq ft

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

low-26 - Copy at 389 S Lake Drive 3h, Palm Beach

low-1 at 389 S Lake Drive 3h, Palm Beach

low-10 at 389 S Lake Drive 3h, Palm Beach

low-13 at 389 S Lake Drive 3h, Palm Beach

low-17 at 389 S Lake Drive 3h, Palm Beach

low-18 at 389 S Lake Drive 3h, Palm Beach

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low-23 at 389 S Lake Drive 3h, Palm Beach

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

Entrance Foyer
Walk-In Closet(s)
Bedroom Layout - Split
Outdoor Shower
Balcony
Intracoastal

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

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

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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2000 S Ocean Boulevard 103, Palm Beach, FL 33480 · Sold $2,687,000 · 2 bd · 3 ba · 2,494 sq ft
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369 S Lake Drive 2e, Palm Beach, FL 33480 · Sold $2,725,000 · 2 bd · 2 ba · 2,330 sq ft
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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.