Condo in 550 S Australian Avenue 1407, West Palm Beach, FL 33401 for sale with MLS# B26031933

Experience refined waterfront living at The Berkeley, envisioned by the developer of The Bristol and designed by Arquitectonica. This expansive two-bedroom residence features light-filled interiors that flow seamlessly onto a deep west-facing terrace overlooking Clear Lake, creating a spectacular setting for sunset views and effortless indoor-outdoor living. Ideally positioned just moments from CityPlace, cultural destinations, and major transit corridors, The Berkeley offers exceptional connectivity while preserving a peaceful residential atmosphere. Residents enjoy private elevator entry, elevated finishes, thoughtfully curated amenities, and a sophisticated lifestyle within one of South Florida's fastest-evolving luxury markets.

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550 S Australian Avenue 1407, West Palm Beach, FL 33401

Price
Price:
$2,950,000.00
Original List Price:
$2,950,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,718.11
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
May 27, 2026 1:53 pm
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
3
Full Bath:
2
Half Bath:
1
Room Type:
Den, Kitchen, Living Room, Master Bedroom
Rooms Total:
4
Master Bedroom Bath:
Bedroom On Entry Level
Measures
Living Area:
1,717 Sqft
Built-Up Area:
2,079 Sqft
Building Area Source:
Builder
Living Area Source:
Builder
Property Features
View from the Property:
Lake, Water
Waterfront:
Yes
Waterfront Features:
Lake Front
Security:
Building Security, Building Security, Lobby - Attended
Furnished:
Unfurnished
Accessibility:
Accessible Common Area
Appliances:
Dryer, Dishwasher, Refrigerator, Washer, Cooktop, Freezer, Oven, Gas Cooktop
Interior:
Built-in Features
Exterior:
Barbecue, Balcony, Private Rooftop Terrace
Laundry:
In Unit
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
West
Balcony Details:
Balcony - Covered, Balcony - Open
Construction
Year Built:
2028
Roof:
Other
Levels:
One
Construction Materials:
Block
Flooring:
Other
Number of stories:
26
Structure Type:
Multi Family
Stories:
1
Road Frontage Type:
City Street
Foundation Details:
Block, Piling
Property Condition:
New Construction
Taxes and Expenses
Tax Annual Amount:
$91,287.76
Tax Year:
2025
Tax Assessed Value:
$3,905,277.00
Association Fee:
$2,512.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Parking Total Spaces:
2
Garage
Garage Spaces:
2
Covered Spaces:
2
Attached Garage
Parking Features:
Garage, Attached Garage
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Natural Gas Available, Sewer Available, Water Available
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Capital Contributions Required
Capital Contributions Amount:
$5,022.42
Association Type:
Condominium
Pets Allowed?:
Yes, No Restrictions
Amenities Provided by the Homeowner's Association (HOA):
Heated Pool, Pool, Spa/hot Tub, Community Room, Bar, Management, Elevator(s), Fitness Center, Parking, Manager On Site, Lobby
Subdivision Name:
CLEARWATER PARK
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Cable Tv, Pest Control, Security, Common Areas, Insurance, Elevator, Roof Repairs, Pool Service
Senior Community:
No
Development Name:
The Berkeley
Restrictions:
No Restrictions, Lease Restrictions
Membership Details:
No Membership Available
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
CLEARWATER PARK LTS 4 & 5
Real Estate Folio Number (Parcel Number):
74434321120000407
Zoning:
CLD-25 (city)
Public Schools Assigned
Elementary School:
Roosevelt
High School:
Palm Beach Lakes
Middle Or Junior School:
Bear Lakes
Listing History
Active on the market since:
May 27, 2026
Listing Agreement executed on:
May 22, 2026
Listing Status Last Changed On:
May 27, 2026 1:53 pm
Photos updated on:
May 27, 2026 1:53 pm
Last Modified:
May 31, 2026 11:04 pm
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Street Name:
Australian
Street Number:
550
Unit Number:
1407
City:
West Palm Beach
State:
Florida
Zip Code:
33401
County:
Palm Beach
Latitude:
N26° 42' 31.4''
Longitude:
W81° 56' 10.3''
Street Suffix:
Avenue
Street Direction Prefix:
S
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $60,942
Median Home Value $430,900
Median Rent $1,774/mo
Median Age 38
Population 31,964

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Association of REALTORS®
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