315 S Lake Dr #Phc, Palm Beach, FL, 33480
About This Home
Welcome to this stunning, fully renovated, highly desirable penthouse apartment, designed by the renowned Hive Design Group. The Southlake is a small luxury, boutique building located in the most sought after location- the center of Palm Beach. With high ceilings and an abundance of natural light, this apartment opens to an expansive, private terrace facing south and west. Meticulously maintained, pristine kitchen, spacious grand living - dining area with a library that could be converted to a third bedroom. There is also a dedicated office space, laundry room and the building allows pets. This convenient location puts you a few blocks from Worth Avenue, The Society of Four Arts, the beach, town docks, and the Lake Trail.
Getting Around
Somewhat Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1969
Type & Style
- Home type: Condo
- Property subType: Condominium,Condo/Co-Op
Interior
Appliances
- Appliances included: Refrigerator,Freezer,Electric Range,Dishwasher,Microwave,Washer,Dryer,Ice Maker,Oven
- Laundry features: In Unit,Common Area
Bedroom
- Level: Main
- Area: 308
- Dimensions: 22 x 14
Bedroom2
- Level: Main
- Area: 160
- Dimensions: 16 x 10
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Den
- Level: Main
- Area: 252
- Dimensions: 18 x 14
Features
- Storage
- Door features: Impact Doors
- Flooring: Tile,Hardwood
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,705
- Total interior livable area: 2,705 sqft
Kitchen
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Living Room
- Level: Main
- Area: 672
- Dimensions: 28 x 24
Office
- Level: Main
- Area: 66
- Dimensions: 11 x 6
Other
- Level: Lower
- Area: 682
- Dimensions: 62 x 11
Property
Details
- Parcel number: 50434322170060030
- Zoning: RD-1
Features
- Private pool: Yes
- Pool features: Electric Heat
- Exterior features: Balcony,Elevator,Lobby
- On waterfront: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Palm Beach County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $50,565 | $606,780 |
| Home Insurance * | $2,960 | $35,520 |
| Property Taxes | $6,833 | $81,996 |
| Electricity | $272 | $3,266 |
| Total | $60,630 | $727,560 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-12 | Listed for sale | $10,500,000 |
| 2023-03-31 | Sold | $8,000,000 |
| 2022-12-21 | Pending sale | $10,500,000 |
| 2022-12-21 | Listed for sale | $10,500,000 |
| 2022-09-30 | Listing removed | -- |
| 2022-09-07 | Listed for sale | $10,500,000 |
For Sale by Agent
View on Zillow