150 Australian Avenue, Palm Beach, FL 33480
$16,500,000
Property Type:
Residential Income
Square Footage:
5,031
Status:
Active
Current Price:
$16,500,000
Last Modified:
2/14/2026
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.
More Information MLS# RX-11163493
Contract Information
Listing Date: 2026-02-13
Status: Active
Original List Price: 16500000
Auction: No
List Price: $16,500,000
Current Price: $16,500,000
List Price/SqFt: 3279.67
General Property Description
Type: Duplex
Structure Type: Quadruplex
Total # of Units: 7
Property Condition: Resale
Year Built: 1910
Number of Stories: 2
SqFt - Total: 5115
SqFt - Living: 5031
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Subdivision: ROYAL PARK
Lot SqFt: 10000
Waterfront: No
Private Pool: No
Pets on Premises: No
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location Tax Legal
Area: 5002
County: Palm Beach
Parcel ID: 50434323050080510
Street #: 150
Street Name: Australian
Street Suffix: Avenue
Zip Code: 33480
Legal Desc: ROYAL PARK ADD LT 51 & LT 52 (LESS N 100 FT OF W 25 FT) BLK 8
Geo Lat: 26.703016
Geo Lon: -80.035579
Unit 1 Info
Full Bath: 1
Furnished: No
SqFt: 700
Monthly Income: 5500
Unit 2 Info
Full Bath: 1
Furnished: No
SqFt: 600
Monthly Income: 5000
Property Features
Source of Expenses: Other
Construction: CBS
Waterfront Details: None
View: Other
Unit 1 Desc: A/C Unit; Built-in Shelves; Kitchen; Microwave; Range - Gas; Refrigerator; Patio
Unit 1 Parking: Open Parking
Unit 2 Desc: A/C Unit; Kitchen; Microwave; Range - Electric; Refrigerator; Patio
Unit 2 Parking: Open Parking
Lot Description: East of US-1; < 1/4 Acre; Irregular Lot; Sidewalks
Exterior Features: Auto Sprinkler; Open Patio
Tenant Pays: Cable; Electric; Sewer; Sewer; Water
Restrict: Historic Designation
Flooring: Tile; Wood Floor; Other
Cooling: Central
Heating: Central
Roof: Other
Terms Considered: Cash; Conventional
Utilities: Cable; Public Sewer; Public Water
Storm Protection: None
Taxes: City/County
Avail Info: Other
Possession: At Closing
Showing Instructions: Text Listing Agent
Listing Office: Douglas Elliman
Last Updated: February - 14 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
