Home » Palm Beach » 150 Australian Avenue, Palm Beach, FL 33480 | R10991317/RX-10991317

150 Australian Avenue, Palm Beach, FL 33480 | For Sale

$12,900,000
Price has decreased by $1,000,000

Property Highlights

Listing ID R10991317/RX-10991317 Status of this Listing: Active For Sale Property Type Land Single Family House Lot area 10,001 Sqft/929.12 m2 approx. Time of this property on Rebonus 124 Day(s)
5 Photos of this Property

150 Australian Avenue, Palm Beach, FL 33480

Property 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, the ocean, and the best shops and restaurants in the area.

Useful Info

Previous Asking Price:$13,900,000
Original List Price:$13,900,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
  • City Lot
Lot Size Unit:Square Feet

Property Features

Waterfront:No
Road Responsibility:
  • Public Maintained Road

Taxes and Expenses

Tax Annual Amount:$54,024

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Documents Available:
  • Aerial
  • Survey
Listing Terms Considered by Seller:
  • Cash
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:ROYAL PARK
Complex Name:ROYAL PARK
Senior Community:No
Development Status:
  • Site Plan Filed

Parking

Covered Spaces:0

More Details

Other Information:
Data exchange original Listing Number: RX-10991317

Zoning and Legal

Tax Legal Description:ROYAL PARK ADD LT 51 & LT 52 (LESS N 100 FT OF W 25 FT) BLK 8
Real Estate Folio Number (Parcel Number):50434323050080510
Zoning Description:R-B(ci

Listing History

Update/EventDate/Days
Published Date:May 29, 2024 12:27 pm
On Market Date:May 29, 2024
Listing Contract Date:May 29, 2024
Price Change Date Time:August 30, 2024 12:00 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:August 30, 2024 9:03 am
Status Last Changed:May 29, 2024 12:00 am
Photos Last Modified:August 31, 2024 1:06 pm
Last Modified:September 30, 2024 6:34 pm
Days on the Market Reference Date:August 31, 2024
Days on the Market (updated on Last Modified*):94
Cumulative Days on the Market (updated on Last Modified**):94

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos Count:5
Geographical Area:Palm Beach 5001; 5002; 5003; 5004
Area:5002
Ref ID:1075869868
Courtesy of:Douglas Elliman
Universal Property Id:US-12099-N-50434323050080510-R-N

Location

Show Property Address:Yes
Street Name:Australian Avenue
Street Number:150
Street Address:150 Australian Avenue
City : Palm Beach
State : Florida
Zip Code : 33480
County : Palm Beach
Full Address:150 Australian Avenue, Palm Beach, FL 33480
Latitude:N26° 42' 10.8''
Longitude:W81° 57' 51.9''

Neighborhood

Postal City:Palm Beach

Property Map