150 Australian Avenue

Palm Beach, FL 33480

$12,900,000
Price
Beds
5,031 Sq. Ft.
$2,564 / Sq. Ft.
5,031
Sq. Ft.
$2,564
per Sq. Ft.

Description

Opportunity awaits at this large 10,000+ sq. ft. property ideally located In-Town on an ocean block of Palm Beach. Renovate the current structures, or tear down and build your dream home. Currently contains 7 total units; two quintessential Palm Beach cottages (one Landmarked) and a 5 unit Art Deco multifamily building containing one 2 bedroom unit, three 1 bedroom units, and one studio. Also offers 4+ off-street parking spaces. Highly coveted and timeless location situated just steps to Worth Avenue,...Opportunity awaits at this large 10,000+ sq. ft. property ideally located In-Town on an ocean block of Palm Beach. Renovate the current structures, or tear down and build your dream home. Currently contains 7 total units; two quintessential Palm Beach cottages (one Landmarked) and a 5 unit Art Deco multifamily building containing one 2 bedroom unit, three 1 bedroom units, and one studio. Also offers 4+ off-street parking spaces. Highly coveted and timeless location situated just steps to Worth Avenue, the ocean, and the best shops and restaurants in the area.
  1. Listed by Michael Charles Melear • Douglas Elliman

Property Details for 150 Australian Avenue

Subdivision
ROYAL PARK
Waterfront
No
Waterfront Details
None
Style
No Pool/No Water
LISTING UPDATED: 11/26/2024 09:30 AM

Property Details for 150 Australian Avenue

StatusActive
MLS #RX-10991290
Days on Market203
Taxes$54,024 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1950
Lot Size0.23 AC / 10,001 SF
CountyPalm Beach County

Building

N/A

2 StoriesBuilt in 1950

Building Information for 150 Australian Avenue

Stories2Residences-Year Built1950Building Size-Lot Size0.23 AC / 10,001 SF

Property Information for 150 Australian Avenue

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Call LA
  • Geo Area: Palm Beach 5001; 5002; 5003; 5004
  • Special Info: Potential Tear Down, Sold As-Is
  • Street Number: 150
  • Subdivision Complex Bldg: ROYAL PARK
  • Municipal Code: Palm Beach
  • State: FL
  • City Postal ID: 33480
  • MLS Area: 5002
  • MLS Sub Area: PB30
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • HOPA: No Hopa
  • Tax Year: 2023
Property
Lot Information
  • Area: 5002
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Lot Dimensions: 75 x 125
  • Parcel ID: 50434323050080510
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 5,115
  • Square Ft Source: Other
  • Zoning: R-B(ci
Property and Assessments
  • Legal Desc: ROYAL PARK ADD LT 51 & LT 52 (LESS N 100 FT OF W 25 FT) BLK 8
  • Sq Ft Liv Area: 5031.0
  • Legal Description: ROYAL PARK ADD LT 51 & LT 52 (LESS N 100 FT OF W 25 FT) BLK 8
Utilities
  • Utilities: Cable, Electric, Water Available
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction, Frame Construction
  • Exterior Features: Auto Sprinkler, Open Patio
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: Bike - Jog, Cafe/Restaurant, Park, Sidewalks, Street Lights, Tennis
  • Gated Community YN: No
  • Structure Type: Single Family Detached
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Wall-Win A/C
  • Flooring: Wood Floor
  • Heating: No Heat
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $.00
  • Income & Expenses: Annual Total Expense: $.00
  • Income & Expenses: Gross Operating Inc: $.00
  • Tenant Pays: Cable, Electric
Unit 1
  • Unit 1 Desc: Microwave
  • Unit 1 Info: Full Bath: 7
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 1
  • Unit 1 Info: SqFt: 5500.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: Microwave
  • Unit 2 Info: Full Bath: 7
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $1
  • Unit 2 Info: SqFt: 5500.0
  • Unit 2 Parking: Open Parking
Rental
Rental Information
  • Pets on Premises: No

Property History for 150 Australian Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 150 Australian Avenue

Taxable ValueLand$4,095,000Additions$23,332Total$4,118,332
Tax Record2023$54,024 ($4,502 / month)
Home Facts
Beds3Baths6Total Finished SqFt846 SqFtAbove Grade Finished SqFt846 SqFtStories1Lot Size10,001 SqFtStyleSingle Family ResidenceYear Built1910Year Renovated1950ZoningR-BCountyPALM BEACHAPN50-43-43-23-05-008-0510

Schools near 150 Australian Avenue

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Palm Beach Public School
PublicPK to 5

Conniston Middle School
Public6 to 8

Forest Hill Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

150 Australian Avenue is a multi-family home for sale in Palm Beach, FL 33480. This property was listed for sale on May 29, 2024 by Douglas Elliman, it's currently listed at $12,900,000. This listing's school district is Palm Beach. Nearby schools include Palm Beach Public School, Conniston Middle School and Forest Hill Community High School. 150 Australian Avenue is a 0-bed, 0-bath, 5,031 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.