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$13,900,000   Price Analysis
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150 Australian Ave
Palm Beach, FL 33480
10 bed 6 bath 5,031 SqFt ($2762/SqFt)
0.23 acre lot. Built 1910
Listed 2024-05-29
Ⓧ USDA Ineligible
due to price & location

near Palm Beach

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 buildi ng containing one 2 bedroom unit, three 1 bedroom units and one studio.

Also offers 4+ ff-street parking spaces. Highly coveted and timeless location situated steps to Worth Avenue, the ocean and the best shops and restaurants in the area.


Presented by Michael C. Melear at
Palm Beach.
Listing Agent Photo

Property MLS #RX-10991284 from BeachesMLSFlex

Bedrooms: 10
Bedrooms On Main Level: 8
Primary Bedroom Level: M

Total Bathrooms: 6 / 0
Full Bathrooms: 6
Bathrooms On Main Level: 7
Primary Bathroom Features: Combo Tub/Shower

Foyer
Furnished Description: Unfurnished
Flooring: Wood Floor

Dryer
Range - Electric
Refrigerator
Washer

Family
Living Room Level: M

Cooling Features: Wall-Win A/C
Heating Features: No Heat

Kitchen Level: M

Lot Description: < 1/4 Acre
Lot Size Acres: 0.2295914
Lot Size Square Feet: 10001

Parking Features: Driveway

Association: No
Association Fee Amenities: Bike - Jog, Cafe/Restaurant, Park, Sidewalks, Street Lights, Tennis
Calculated Total Monthly Association Fees: 0
Pets Allowed: Yes

Annual Tax Amount: 54024.30
Source Listing Status: Active
County: Palm Beach
Directions: Call LA
Tax Year: 2023
Restrictions: Historic Designation
Source Property Type: Residential
Area: 5002
Source Neighborhood: ROYAL PARK
Subdivision: ROYAL PARK
Zoning: R-B(ci
Property Subtype: Single Family Detached
Source System Name: C2C

Listed 2024-05-29
$13,900,000
BeachesMLSFlex

Total Square Feet Living: 5031
Year Built: 1910
Construction Materials: CBS, Frame
Direction Faces: North
Property Age: 114
Property Condition: Resale
Levels or Stories: 2.00
Total Area Sqft: 5115
Year Built Details: Resale

Electric
Public Sewer
Public Water
Water Source: Public Water

Palm Beach Public School is a public elementary school located approximately 0.4 miles away.
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Conniston Middle School is a public middle school located approximately 2.4 miles away.
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Forest Hill Community High School is a public high school located approximately 3.8 miles away.
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Palm Beach Day Academy is a private elementary and middle school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.