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.
For sale
Price cut: $400K (4/8)
$12,500,000
150 Australian Ave, Palm Beach, FL 33480
8beds
7baths
4,100sqft
Est.:
Single Family Residence, Residential
Built in 1950
10,018.8 Square Feet Lot
$-- Zestimate®
$3,049/sqft
$-- HOA
What's special
Off-street parking spaces
- 701 days
- on Zillow |
- 392 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2025 at 11:30am
Listed by:
Michael Charles Melear 561-601-9284,
Douglas Elliman
Source: Palm Beach BOR,MLS#: 23-1064
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Primary bedroom
- Area: 224
- Dimensions: 16 x 14
Kitchen
- Area: 36
- Dimensions: 6 x 6
Living room
- Area: 120
- Dimensions: 12 x 10
Features
- Flooring: Hardwood
- Windows: Single Hung
Interior area
- Total structure area: 5,155
- Total interior livable area: 4,100 sqft
Property
Parking
- Parking features: No Garage
Features
- Exterior features: Sprinkler System
- Pool features: None
- Waterfront features: No - Waterfront
Lot
- Size: 10,018.8 Square Feet
- Dimensions: 75
Details
- Parcel number: 50434323050080510
- Zoning: R-B - Low Density Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence, Residential
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1950
Community & HOA
Community
- Security: No Security
- Subdivision: Royal Park
Location
- Region: Palm Beach
Financial & listing details
- Price per square foot: $3,049/sqft
- Tax assessed value: $4,886,228
- Annual tax amount: $48,376
- Date on market: 6/20/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash Terms
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