What did 389 S Lake Drive Pha sell for?

389 S Lake Drive Pha sold for $7,350,000 on Apr 20, 2026, about 92.5% of its last asking price of $7,950,000 and about $3,500 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 Pha?

The listing reported an association fee of $3,961 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 Pha?

The listing reported annual property taxes of $58,241 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 Pha built?

389 S Lake Drive Pha 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 Pha on the market?

389 S Lake Drive Pha was on the market for 32 days before it sold.

Is 389 S Lake Drive Pha waterfront?

Yes. The listing described the water as intracoastal.

Is 389 S Lake Drive Pha still for sale?

No. 389 S Lake Drive Pha sold on Apr 20, 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 Pha, Palm Beach, FL 33480

Sold $7,350,000 · Apr 20, 2026

Last asking price $7,950,000 · 92.5% of asking · 32 days on market

2 beds
3 baths
2,100 sq ft
Condominium
Built 1967
HOA $3,960.5/mo
3,337 sq ft total
Palm Beach County
MLS# R11170010
Three Eighty Nine Corp Lessee

389 S Lake Drive Pha, Palm Beach, FL – photo 1

Twilight 2 at 389 S Lake Drive Pha, Palm Beach

389 S Lake Drive Pha, Palm Beach, FL – photo 3

389 S Lake Drive Pha, Palm Beach, FL – photo 4

389 S Lake Drive Pha, Palm Beach, FL – photo 5

389 S Lake Drive Pha, Palm Beach, FL – photo 6

389 S Lake Drive Pha, Palm Beach, FL – photo 7

389 S Lake Drive Pha, Palm Beach, FL – photo 8

About this home

Relish one of the best water views in all of Palm Beach from this spacious penthouse with over 1,300 sf of wrap around terraces, perfect for outdoor entertaining and enjoyment with views up and down the Intracoastal. Located on the Intracoastal waterway overlooking the Peruvian town docks. The apartment has a spacious open floor plan for living room, dining area and kitchen, with split bedrooms, with each room overlooking the Intracoastal. An added bonus is a one-bedroom guest apartment downstairs on the ground floor. One covered parking with additional outdoor parking. Pet friendly. Excellent full-service building with 24 hr. doorperson, heated pool and only steps to world class shopping on Worth Avenue, restaurants and the beach.

Features

Bar
Entrance Foyer
Kitchen Island
Pantry
Walk-In Closet(s)
Bedroom Layout - Split
Storage
Balcony
Intracoastal

Schools

Elementary: Palm Beach Public
Middle: Conniston Community
High: Forest Hill

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Brown Harris Stevens of PB · Listing agent: Ashley Copeland

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 Pha sold on Apr 20, 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 Pha

What did 389 S Lake Drive Pha sell for?: 389 S Lake Drive Pha sold for $7,350,000 on Apr 20, 2026, about 92.5% of its last asking price of $7,950,000 and about $3,500 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 Pha?: The listing reported an association fee of $3,961 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 Pha?: The listing reported annual property taxes of $58,241 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 Pha built?: 389 S Lake Drive Pha 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 Pha on the market?: 389 S Lake Drive Pha was on the market for 32 days before it sold.
Is 389 S Lake Drive Pha waterfront?: Yes. The listing described the water as intracoastal.
Is 389 S Lake Drive Pha still for sale?: No. 389 S Lake Drive Pha sold on Apr 20, 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, 300 S Ocean Boulevard 1b, Palm Beach, FL 33480, sold for $6,725,000 in August 2026. Palm Beach neighborhoods include Ibis Isle and In-Town. 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.