Home » Palm Beach » 123 Australian Avenue, Palm Beach, FL 33480 | R10999227/RX-10999227

Sold 123 Australian Avenue, Palm Beach, FL 33480

$10,500,000
closed for a price of $9,280,000

Property Highlights

Listing ID R10999227/RX-10999227 Status of this Listing: Closed Sold Property Type Residential Single Family House 4 Bedrooms 5 Bathrooms Total 4 Full Bath 1 Half Bath Living Space 3,696 Sqft/343.37 m2 approx. Building Area 3,794 Sqft/352.47 m2 approx. Lot area 6,970 Sqft/647.53 m2 approx. The property features a private pool Year Built 1924 Has view of the Ocean Time of this property from published date until Closing Date 63 Days

123 Australian Avenue, Palm Beach, FL 33480

Property Description: High elevation and 2nd floor ocean views make this freshly renovated, Mediterranean-style home very special. There are three generous bedrooms in the main house, including one with broad views east to the water. All three feature new en-suite baths. The primary suite has been brilliantly rethought with a large, updated private bath and extensive closet space. This non-landmarked house is the perfect blend of 1920 's Palm Beach Spanish architecture with modern convenience and sensibilities. Pool-side, a charming guest house includes a fresh and modern downstairs entertaining area along with a light and bright guest suite above. New roof, new AC, new hurricane screens and an up-to-date kitchen make this the perfect spot for a buyer who 's looking to be move-in ready for next season.

Useful Info

Contingency:No Contingencies
Original List Price:$10,500,000
Close Price:$9,280,000

Land Lot (Parcel) Details

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

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Mediterranean
Property Condition:
  • Resale
Construction Materials:
  • Frame
Flooring:
  • Tile
  • Wood
Number of stories:2

Property Features

Has View:Yes
View from the Property:
  • Garden
  • Ocean
Waterfront:No
Private Pool:Yes
Swimming Pool Features:
  • Heated
  • Community
  • Pool
  • Association
Security:
  • Security System
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Refrigerator
  • Washer
  • Gas Range
Interior Features:
  • Breakfast Area
  • Dining Area
  • Separate/formal Dining Room
  • Walk-in Closet(s)
  • French Door(s)/atrium Door(s)
  • Attic
  • Fireplace
  • Pull Down Attic Stairs
  • Separate Shower
  • Dual Sinks
Exterior Features:
  • Porch
  • Patio
Patio and Porch Features:
  • Patio
  • Open
  • Porch
Roof:
  • Barrel
Door Features:
  • French Doors
Fireplace:Yes
Guest House Area Total:774 Sqft/71.91 m2
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$85,895

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

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
Subdivision Name:ROYAL PARK
Community Features:
  • Non-gated
  • Pool
Complex Name:ROYAL PARK
Senior Community:No
Restrictions:No Restrictions

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Driveway
  • On Street

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
  • Electricity Available
  • Natural Gas Available
  • Sewer Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Housing Older Persons ActNo HOPA
Data exchange original Listing NumberRX-10999227
Type of Governing BodiesNo Governing Body

Zoning and Legal

Tax Legal Description:ROYAL PARK ADD LT 51 BLK H
Real Estate Folio Number (Parcel Number):50434323050280510
Zoning Description:R-B(ci

Listing History

Update/EventDate/Days
Published Date:June 25, 2024 3:42 pm
On Market Date:June 25, 2024
Listing Contract Date:June 25, 2024
Contingent Date:August 2, 2024
Close Date:August 27, 2024
Last Important Update Description:Closed
Date and Time of Last Important Update:August 27, 2024 11:22 am
Status Last Changed:August 27, 2024 12:00 am
Photos Last Modified:June 27, 2024 1:02 pm
Last Modified:August 31, 2024 6:47 am
Days on the Market Reference Date:August 31, 2024
Days on the Market (updated on Last Modified*):38
Cumulative Days on the Market (updated on Last Modified**):365

Additional Information

Guest House Description:1 Bath,1 Bedroom,Living Room
Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos:50
Location:,
Included:,,
Geographical Area:Palm Beach 5001; 5002; 5003; 5004
Area:5002
Automated Valuation Display:Yes
Courtesy of:Sotheby's Intl. Realty, Inc.
Universal Property Id:US-12099-N-50434323050280510-R-N

Location

Show Property Address:Yes
Street Name:Australian Avenue
Street Number:123
Street Address:123 Australian Avenue
City : Palm Beach
State : Florida
Zip Code : 33480
County : Palm Beach County
Full Address:123 Australian Avenue, Palm Beach, FL 33480
Latitude:N26° 42' 12.6''
Longitude:W81° 57' 57.1''

Neighborhood

Postal City:Palm Beach

Property Map

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