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389 S Lake Drive, 2f, Palm Beach, FL 33480

$2,800,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,703 Status: Active
Current Price: $2,800,000 Last Modified: 4/26/2024

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.

More Information MLS# RX-10948322

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

Living Room Length: 17.00 Width: 28.00 Length: 17.00 Level: Main Width: 28.00 Kitchen Length: 0.00 Width: 0.00 Length: 0.00 Level: Main Width: 0.00 Master Bedroom Length: 14.00 Width: 17.00 Length: 14.00 Level: Main Width: 17.00
Listing Office: William Raveis South Florida
Last Updated: April - 26 - 2024
389 S Lake Drive, 2f, Palm Beach, FL 33480- MLS# RX-10948322
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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