$2,800,000
Palm Beach, FL 33480
MLS# RX-10948322
2 beds | 2 baths | 1703 sqft
1 / 30
Property Description
Location! Location! Location! One block to Worth Avenue and steps to the state-of-the-art Palm Beach Marina. This very spacious 2 bedroom/2 bath apartment with 9' ceilings has lovely views of the pool and gardens. Light and bright open floor plan. Master bedroom includes a very large walk-in closet. The 389 South Lake Drive is a full-service building with 24 hour doorman. One assigned parking space. Rentals are prohibited for the first two years of membership. Then only twice in ten years. Sub-leases cannot be for less than three months or more than twelve months. No sub-sub-leasing is allowed. Sub-lessees are not allowed to have pets. 389's land lease goes back to 1959 and ends on April 23, 2058.
Details
Maps
Contract Information
Listing Date: 2024-01-08
Status: Active
Original List Price: 2900000
Auction: No
List Price: $2,800,000
Current Price: $2,800,000
List Price/SqFt: 1644.15
Comm/Non-Rep: 0%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Condo/Coop
Governing Bodies: Coop
W/D Allowed: No
Main Level Bedrooms: 2
Total Bedrooms: 2
Main Level Bathrooms: 2
Baths - Full: 2
Baths - Total: 2
Property Condition: Resale
Year Built: 1967
SqFt - Total: 1703
SqFt - Living: 1703
SqFt Source: Tax Rolls
Gated Community: No
Covered Spaces: 1
Open Parking Spaces: 1
Homeowners Assoc: Mandatory
HOA/POA/COA (Monthly): 2065.96
Application Fee: 100
Association Deposit: No
Membership Fee Required: No
Directions: Corner of S Lake and Peruvian
Subdivision: THREE EIGHTY NINE CORP LESSEE
Legal Desc: THREE EIGHTY NINE CORP LESSEE APT 2-F
Lot SqFt: 67570
Waterfront: No
Front Exp: East
Private Pool: No
Unit Floor #: 2
Pets Allowed: Yes
Total Weight Limit (Pets): 25
Pets on Premises: Yes
Total Floors/Stories: 6
Total Units in Bldg: 41
Location, Tax & Legal
Area: 5002
Geo Area: PB30
Country: United States
County: Palm Beach
Parcel ID: 50434327630002060
Street #: 389
Street Dir: S
Street Name: Lake
Street Suffix: Drive
Unit #: 2f
State/Province: FL
Zip Code: 33480
Zoning: R-D(2)
Tax Year: 2023
Taxes: 6217.72
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Geo Lat: 26.702047
Geo Lon: -80.042923
Office/Member Info
DXORIGMLNO: RX-10948322
DXORIGMLSID: RML
Storm Protection
Accordion Shutters: Complete
Property Features
Design: 4+ Floors
Construction: Concrete
Waterfront Details: None
Lot Description: East of US-1; 1 to < 2 Acres
Interior Features: Elevator; Fire Sprinkler
Porch/Patio/Balcony: Balcony
Master Bedroom/Bath: Separate Tub
Furnished: Unfurnished
Rooms: Storage
Parking: Assigned
Subdiv. Amenities: Bike - Jog; Elevator
Pet Restrictions: Size Limit
Restrict: Buyer Approval; Commercial Vehicles Prohibited; Interview Required; No Lease First 2 Years; No Motorcycle; No Truck
Flooring: Ceramic Tile
Heating: Central
Cooling: Central
Equip/Appl Included: Dishwasher; Disposal; Freezer; Ice Maker; Microwave; Range - Electric; Refrigerator
Terms Considered: Cash; Conventional
Utilities: Cable; Electric; Public Sewer; Public Water
Taxes: City/County
Possession: At Closing
Room Information
| Room Name | Length | Width | Length | Level | Width |
| Living Room | 17.00 | 28.00 | 17.00 | Main | 28.00 |
| Kitchen | 0.00 | 0.00 | 0.00 | Main | 0.00 |
| Master Bedroom | 14.00 | 17.00 | 14.00 | Main | 17.00 |
Listing Office: William Raveis South Florida
Last Updated: April - 26 - 2024
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