A cooperative apartment building in Palm Beach, Florida
Nassau Square, Palm Beach
A 16-apartment cooperative at 381 South Lake Drive, facing the Lake Trail a block from Worth Avenue, built in 1949 according to the county roll.
Homes, years and sizes: Palm Beach County property records (2025 tax roll).
Overview
About Nassau Square
Nassau Square is a 16-apartment cooperative at 381 South Lake Drive, completed in 1949. It faces the Lake Trail and the Lake Worth Lagoon, a block from Worth Avenue.
Apartments run from about 730 to 870 square feet on the county roll, held through Nassau Square Apartments, Inc. In a cooperative a buyer purchases shares in the corporation rather than a deed, and the board approves each sale; we go through the corporation’s rules on approval, leasing and pets with you.
At a glance
- Streets
- South Lake Drive
- Home type
- Cooperative apartments
- Built
- Mostly 1949
- Living area
- About 730 to 870 sq ft
- Zip code
- 33480
- County
- Palm Beach County
On the market now
Homes for Sale in Nassau Square
Listings inside the boundary of Nassau Square, newest first, updated through the day from BeachesMLS. No homes are listed for sale here right now. New listings come up through the year; ask me to watch for one.
No properties found
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than Douglas Elliman Real Estate are identified with the listing firm’s name on each listing’s detail page. Listing data is refreshed at least every 12 hours.
Closed sales
The Nassau Square Market
Closed sales inside the boundary of Nassau Square, every home type together. Medians and the middle range say more than any average, and in a community this size a single unusual sale can move a year.
Two closed sales in twelve months is a thin sample, so read the median as a marker, not a price for any one home. We pull every closing here for any home you are considering.
| Measure | Last 12 months |
|---|---|
| Homes sold | 2 |
| Median sale price | $1,040,000 |
| Median price per sq ft | $1,291 |
| Active listings now | 0 |
BeachesMLS closed sales inside the boundary of Nassau Square, twelve months through October 2026, via IDX Broker. Active listings now is live from the MLS feed; the median asking price updates monthly. Listing information deemed reliable but not guaranteed.
Association and costs
The Nassau Square Association and What It Costs
Who runs the association, what governs it, and what current listings say the fee is.
| Water | The building faces the Lake Trail and the lagoon across South Lake Drive; the county roll shows no boat slips. |
|---|
Association Fees From Current Listings
| Association fee, median | $913 a month |
|---|---|
| Typical range | $736 to $1,089 a month |
| Club membership | Not required |
From 2 current and recent BeachesMLS listings in Nassau Square, via IDX Broker, refreshed weekly. Fees are monthly equivalents of the association fees in each listing; condo, master and sub-association fees can stack. The recorded documents, the current budget and the estoppel govern.
What Else to Check
- Taxes and insurance After a sale the assessed value resets the following January. Flood zone and roof age drive insurance quotes, so we check both for the address.
- Estoppel The closing agent orders an estoppel certificate from each association, which confirms what is owed at closing.
Documents to Review Before Closing
- Before you sign: the association disclosure summary and the parcel’s tax bill, including any non-ad valorem lines
- Before you sign: leasing and approval rules if you may rent, and architectural rules for exterior changes
- Before closing: estoppel certificates from every association that applies
Where it sits
Around Nassau Square
Places nearby.
Zoned Public Schools
At the center of Nassau Square, the School District of Palm Beach County zones Palm Beach Public Elementary (elementary), Conniston Middle (middle) and Forest Hill High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.
Elementary
- Palm Beach Public Elementary
Middle
- Conniston Middle
High
- Forest Hill High
How it came to be
A Short History of Nassau Square
- 1911
The Town of Palm Beach was incorporated.
- 1949
Nassau Square was completed, according to the county roll.
Sources: Palm Beach County 2025 tax roll (Florida Department of Revenue), Town of Palm Beach.
The boundary
Nassau Square on the Map
Questions
Questions Buyers Ask About Nassau Square
What do homes in Nassau Square cost right now?
No homes are listed for sale here right now. New listings come up through the year; ask me to watch for one. The market section above shows what homes here actually sold for over the past year.
Where is Nassau Square?
At 381 South Lake Drive, facing the Lake Trail a block from Worth Avenue, in the 33480 ZIP.
Is Nassau Square a condominium or a co-op?
A cooperative. The county roll lists the apartments under Nassau Square Apartments, Inc., so a buyer purchases shares and the board approves the sale.
What should I read about Nassau Square as a buyer?
The cooperative’s bylaws, proprietary lease, house rules, budget and recent board minutes. We request them once you are under contract and go through them with you.
How many homes are in Nassau Square, and when were they built?
Palm Beach County property records list 16 residential parcels in Nassau Square, most built 1949, with a typical living area of about 810 square feet.
What are the association fees in Nassau Square?
The fee table on this page is drawn live from current and recent listings. The seller’s disclosure, the association disclosure summary and the estoppel certificate confirm the exact amount for a specific home.
Is Nassau Square gated?
We have not found an official source on building access; we confirm it for a specific residence.
Which public schools serve Nassau Square?
At the center of Nassau Square, the School District of Palm Beach County zones Palm Beach Public Elementary (elementary), Conniston Middle (middle) and Forest Hill High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.
Keep Exploring
More Palm Beach Neighborhood Guides
Nassau Square · Palm Beach
Let Us Take Care of the Details
Tell us the street or the home in Nassau Square. We come back with the listings, the association’s fees and rules, and what similar homes sold for, then arrange the visits and coordinate every step to closing day.
Monika Phillips, Sales Associate, Douglas Elliman Real Estate
- Association fees, rules and documents gathered for each home
- Leasing and approval rules pulled up front
- Tax bill and flood zone checked for the address
- One team from the first look to closing day
Home counts, years built and sizes come from Palm Beach County property records (2025 tax roll); association records from the Florida Division of Corporations; school zones from the School District of Palm Beach County. Listing and sales data from BeachesMLS via IDX is deemed reliable but not guaranteed; listings may be held by brokerages other than Douglas Elliman. Association fees shown come from current and recent listings and can differ from the association’s budget; recorded documents and the associations’ own figures control. Verify anything that matters to your decision with the source. Monika Phillips, Sales Associate, Douglas Elliman Real Estate. Equal Housing Opportunity.
