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For sale
  • Price cut: $400K (4/8)
    $12,500,000

    150 Australian Ave, Palm Beach, FL 33480

    8beds
    7baths
    4,100sqft
    : 
    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
    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.
    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

    We’ll find a local expert to take you on a private tour of 150 Australian Ave.

    Next available tour time:Today at 12pm

    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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