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123 Australian Avenue, Palm Beach, FL 33480

$9,280,000

Virtual Tour

https://www.propertypanorama.com/123-Australian-Avenue-Palm-Beach-FL-33480/unbranded

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,794 Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $9,280,000 List Date: 6/25/2024 Last Modified: 1/13/2026

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.

Supplements: The ocean block of Australian Avenue is the ideal in-town neighborhood - just steps from the beach and Worth Avenue shops and restaurants.

More Information MLS# R10999227

Contract Information

Comp Sale YN: No Listing Contract Date: 2024-06-25 Status: Closed Original List Price: 10500000 Sold Price: $9,280,000 Current Price: $9,280,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Special Assessment YN: No Country: United States Street Number: 123 Street Name: Australian Street Suffix: Avenue State Or Province: FL Postal Code: 33480 Subdivision Name: ROYAL PARK Area: 5002 Parcel Number: 50434323050280510 Zoning: R-B(ci Directions: Heading east on Royal Palm Way, make right onto S County, then make u-turn after Town Hall. Ocean block of Australian is one-way going east. House will be on your left.

General Property Information

Living Area Main: 3696 Lot Size Dimensions: 50' x 140' Gated Community YN: No Lot Size Area: 6970 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 4 Bathrooms Total: 5 Bathrooms Full: 4 Bathrooms Half: 1 Building Area Main: 3794 Building Area Source: Public Records Year Built: 1924 Lot Size Acres: 0.16 Direction Faces: South

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 85894.7 Tax Year: 2023 Tax Legal Description: ROYAL PARK ADD LT 51 BLK H

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2024-08-27T16:22:32Z Major Change Type: Status Change Status Change Date: 2024-08-27 Under Contract Date: 2024-08-02 Close Date: 2024-08-27 Close Price: 9280000

Amenities

Pool: 1

Dining Area

Breakfast Area: 1 Formal Dining: 1

Electric

Three Phase: 1

Entry Information

Entry Location: Entry Level Living Area Y

Flooring

Wood: 1

Guest House Area Details

Building Area Guest House: 774

Guest House Features

1 Bath: 1 1 Bedrooms: 1 Living Room: 1

Parking Features

On Street: 1

Parking Information

Open Parking Spaces: 2

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

View

Garden: 1

Heating

Central: 1

Sprinkler Description

Auto Sprinkler: 1

Water Access

None: 1

Water View

Ocean: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Free-Standing Freezer: 1 Gas Range: 1 Refrigerator: 1 Washer: 1

Construction Materials

Frame: 1 Hollow Tile: 1

Interior Features

French Doors: 1 Pull Down Stairs: 1 Walk-In Closet(s): 1

Laundry Features

Inside: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Sidewalks: 1

Pool Features

Heated: 1 In Ground: 1

Roof

Barrel: 1

Security Features

Security System: 1

Water Source

Public: 1

Architectural Style

Mediterranean: 1 Old Spanish: 1

Cooling

Central Air: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Text Listing Agent: 1 See Remarks: 1

Master Bedroom/Bath

Dual Sinks: 1 Master Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Storm Protection

Other Protection: Complete

Storm Protection Details

Storm Shutters: 1

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Patio: 1 Porch: 1

Patio Details

Patio - Open: 1

Porch Details

Porch - Open: 1

Contingencies

None: 1

Room Types

Attic: 1 Family Room: 1 Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Main

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 2510.82 Original List Price To Close Price: 1.13

Acreage Description

Less Than 1/4 Acre Lot: 1

Originating Details

Originating System Key: 20240625122533469993000000 Originating System ID: M00000170

Property Features

Dining Area: Breakfast Area; Formal Dining Electric: Three Phase Flooring: Wood Guest House Features: 1 Bath; 1 Bedrooms; Living Room Parking Features: On Street Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Refrigerator; Washer Architectural Style: Mediterranean; Old Spanish Construction Materials: Frame; Hollow Tile Cooling: Central Air Heating: Central Interior Features: French Doors; Pull Down Stairs; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Lot Features: Sidewalks Pets Allowed YN: Yes Pool Features: Heated; In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Barrel Security Features: Security System Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Storm Protection Details: Storm Shutters Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Water View: Ocean Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent; See Remarks Outdoor Living Spaces: Balcony; Patio; Porch Patio Details: Patio - Open Porch Details: Porch - Open Contingencies: None Room Types: Attic; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Room Information

Living Room Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Kitchen Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Master Bedroom Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Attic Family Room Laundry

Documents

floorplan ›

Listing Office: Sotheby's Intl. Realty, Inc.

Last Updated: January - 13 - 2026

123 Australian Avenue, Palm Beach, FL 33480- MLS# R10999227

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.