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381 S Lake Drive 8, Palm Beach, FL 33480

$1,250,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 734 Status: Active
Current Price: $1,250,000 List Date: 7/23/2025 Last Modified: 11/10/2025

Description

Ideal low maintenance pied-a-terre, one block to Worth Ave. Town Docks, Bike Trail and Dog Park across the street. Two full bedrooms, one bath, Living, Dining and Kitchen with back door to charming, shared courtyard. Off street parking. Laundry on the premise and allowed in unit. Pet friendly with Board Approval. Maximum 50% mortgage rule. Building in excellent condition, land owned, new roof, full time management. Apartment is central air ready. BOARD WILL ALLOW RENOVATION THROUGHOUT THE YEAR, INCLUDING SEASON.

More Information MLS# RX-11108703

Contract Information

Go Active Date: 2025-07-23 Auction: No List Price/SqFt: 1702.99 Listing Date: 2025-07-18 Status: Active Original List Price: 1350000 List Price: $1,250,000 Current Price: $1,250,000

General Property Description

Governing Bodies: Coop W/D Allowed: Yes Main Level Bedrooms: 2 Main Level Bathrooms: 1 Property Condition: Resale SqFt - Total: 734 Waterfront: Yes SqFt Source: Tax Rolls Gated Community: No Covered Spaces: 0 Homeowners Assoc: Mandatory Pets Allowed: Yes Pets on Premises: No Front Exp: North HOA/POA/COA (Monthly): 736.42 Open Parking Spaces: 1 Year Roof Installed: 2024 Unit Floor #: 1 Application Fee: 150 Association Deposit: No Directions: Middle bridge to Palm Beach Island, first right on to S Lake Drive, building on corner of Chilean, entrance on Chilean Ave. Membership Fee Required: No Private Pool: No Type: Condo/Coop Total Bedrooms: 2 Baths - Full: 1 Baths - Total: 1 Year Built: 1949 SqFt - Living: 734 Subdivision: NASSAU SQUARE APTS INC Legal Desc: NASSAU SQUARE APTS INC APT 8 Lot SqFt: 18650 Total Floors/Stories: 2

Location, Tax & Legal

Geo Area: PB30 Country: United States State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2024 Zoning: R-D(2) Short Sale A/U: N/A Short Sale Addendum: No Taxes: 7722.44 Special Assessment: No REO: No Area: 5002 County: Palm Beach Parcel ID: 50434327660000080 Street #: 381 Street Dir: S Street Name: Lake Street Suffix: Drive Unit #: 8 Zip Code: 33480 Geo Lat: 26.702417 Geo Lon: -80.043369

Office/Member Info

DXORIGMLNO: RX-11108703 DXORIGMLSID: RML

Design

Other Arch: 1

Unit Desc

Interior Hallway: 1

Construction

Block: 1

Master Bedroom/Bath

None: 1

View

Garden: 1 Intracoastal: 1

Rooms

None: 1

Waterfront Details

Intracoastal: 1 Marina: 1

Lot Description

1/4 to 1/2 Acre: 1

Equip/Appl Included

Dishwasher: 1 Microwave: 1 Range - Electric: 1 Refrigerator: 1

Laundry Appliances Included

Washer and Dryer: 1

Cooling

Wall-Win A/C: 1

Heating

Electric: 1

Furnished

Unfurnished: 1

Interior Features

Stack Bedrooms: 1

Flooring

Tile: 1 Wood Floor: 1

Porch/Patio/Balcony

Patio: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Parking

Assigned: 1

Pet Restrictions

Other Pet Restrictions: w/board approval

Restrict

Tenant Approval: 1

Subdiv. Amenities

None: 1

Maintenance Fee Incl

Common Areas: 1 Insurance-Bldg: 1 Janitor: 1 Laundry Facilities: 1 Legal/Accounting: 1 Maintenance-Exterior: 1 Management Fees: 1 Manager: 1 Parking: 1 Roof Maintenance: 1 Water: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

At Closing: 1

Storm Protection

Accordion Shutters: Complete Panel Shutters: Complete

Taxes

No Homestead: 1

Property Features

Design: Other Arch Unit Desc: Interior Hallway Construction: Block View: Garden; Intracoastal Waterfront Details: Intracoastal; Marina Lot Description: 1/4 to 1/2 Acre Interior Features: Stack Bedrooms Furnished: Unfurnished Rooms: None Parking: Assigned Maintenance Fee Incl: Common Areas; Insurance-Bldg; Janitor; Laundry Facilities; Legal/Accounting; Maintenance-Exterior; Management Fees; Manager; Parking; Roof Maintenance; Water Restrict: Tenant Approval Flooring: Tile; Wood Floor Heating: Electric Cooling: Wall-Win A/C Laundry Appliances Included: Washer and Dryer Terms Considered: Cash; Conventional Utilities: Electric; Public Sewer; Public Water Taxes: No Homestead Possession: At Closing

Room Information

Living Room Length: 16.50 Width: 10.40 Length: 16.50 Level: Main Width: 10.40 Kitchen Length: 11.00 Width: 5.80 Length: 11.00 Level: Main Width: 5.80 Master Bedroom Length: 10.00 Width: 15.00 Length: 10.00 Level: Main Width: 15.00
Listing Office: Brown Harris Stevens of PB
Last Updated: November - 10 - 2025
381 S Lake Drive 8, Palm Beach, FL 33480- MLS# RX-11108703
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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