11 days on rocket

389 S Lake Dr Unit 4H, Palm Beach, FL, 33480

$2,495,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,577 SqFt
$1,582/SqFt
Condo

Location

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389 S Lake Dr Unit 4H, Palm Beach$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage1 space
Year Built1967
HeatingCentral
CoolingCentral Air
WaterfrontIntracoastal, Lagoon
MLS #RX-11042838
StatusActive

About 389 S Lake Dr Unit 4H

Corner fourth floor residence at 389 S Lake with water views! Nicely renovated with high ceilings, gracious living spaces. Beautiful light filled condo with essentially 2 primary bedrooms. A full service, pet friendly building with full time manager, pool, 24 hour door person. This residence comes with arguably the best covered parking space in the building.

Property Details

Property Features

Property Information:

  • Year Built: 1967
  • Stories: 6
  • Living Area: 1,577 SqFt

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 655-9081
  • Listing Agent: Kerry Warwick

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Oven, Washer
  • Flooring Type: Tile, Wood Floor
  • Interior: Foyer, Split Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Intracoastal, Lagoon

Parking Information:

  • Garage Space: 1 space

Virtual/3D Tour

  • Virtual Tour: 389 S Lake Dr Unit 4H
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Okeechobee Blvd to Royal Palm Way, south on S Lake Drive, east on Peruvian. 389 on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
  • Price Per SqFt: $1,582/SqFt

HOA Fees:

  • Amount: $2787
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$795

Avg. Days On Market

119

# of Sold Homes

16

389 S Lake Dr Unit 4H vs Palm Beach

11 DAYS ON ROCKET

-108 Days

$2,495,000

+$1.2M More

$1,582/SqFt

+$787 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $787/SqFt more than other homes in Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11042838

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 655-9081
  • Listing Agent: Kerry Warwick

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$15.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4357045
8
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 0.41 miles

  • Public Magnet Grades KG-5

school-card-donut-4357046
3
/10
  • Belvedere Elementary School

  • 3000 Parker Ave

  • 1.55 miles

  • Public District Grades PK-5

school-card-donut-4357047
5
/10
  • U. B. Kinsey/Palmview Elementary School

  • 800 11th St

  • 1.79 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,222. Most Palm Beach, FL residents have annual incomes between $100k-200k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 389 S Lake Dr Unit 4H

What is the listing price of this property?

The listing price of 389 S Lake Dr Unit 4H property is $2,495,000.

What type of property is this?

The property 389 S Lake Dr Unit 4H is a condo located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 389 S Lake Dr Unit 4H is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 389 S Lake Dr Unit 4H has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 389 S Lake Dr Unit 4H is 1,577 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 389 S Lake Dr Unit 4H is 1967.

Rocket Homes›Florida›Palm Beach County›Palm Beach›33480›389 S Lake Dr Unit 4H

This home is located at 389 S Lake Dr Unit 4H in Palm Beach, FL and zip code 33480 in the Mid-Town neighborhood. This 1,577 square foot home was built in 1967. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $2,495,000.

Over 1 listings were sold over their listed price in November 2024 in Palm Beach, FL. In the same period over 15 listings were sold below the listed price and 0 listings were sold for the listed price. Between October 2024 and November 2024, Palm Beach, FL real estate market has seen increase in the number of listings by 21.2%. In November 2024 median list price was $1,275,000 and the average listing age was 119 days.

From Rocket Homes Real Estate and based on county public records data.

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