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150 Australian Avenue, Palm Beach, FL 33480

$16,500,000

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https://www.propertypanorama.com/150-Australian-Avenue-Palm-Beach-FL-33480--RX-11163493/unbranded

Property Type: Residential Income Square Footage: 5,115 Lot Size (sq. ft.): 10,019 Status: Active

Current Price: $16,500,000 List Date: 2/13/2026 Last Modified: 2/19/2026

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# R11163493

Contract Information

Comp Sale YN: No Listing Contract Date: 2026-02-13 Status: Active Original List Price: 16500000 List Price: $16,500,000 Current Price: $16,500,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Country: United States Street Number: 150 Street Name: Australian Street Suffix: Avenue State Or Province: FL Postal Code: 33480 Subdivision Name: ROYAL PARK Area: 5002 Parcel Number: 50434323050080510 Zoning: R-B(ci

Currently Not Used

Number Of Units Total: 7

General Property Information

Living Area Main: 5031 Gated Community YN: No Lot Size Area: 10000 Senior Community YN: No Outdoor Living Spaces YN: Yes Stories: 2 Pool Private YN: No Property Sub Type: Duplex Building Area Main: 5115 Building Area Source: Public Records Year Built: 1910 Lot Size Acres: 0.23

Office/Member Information

DXORIGMLSID: RML

Association Amenities

Sidewalks: 1

Electric

Three Phase: 1

Flooring

Tile: 1 Wood: 1 Other: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Documents Available

Other: 1

Meter Information

Separate Electric Meters YN: Yes Separate Water Meters YN: Yes

Structure Type

Quadruplex: 1

Tenant Pays

Cable TV: 1 Electricity: 1 Sewer: 1 Water: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Sewer Available: 1 Water Available: 1

View

City: 1 Other: 1

Heating

Central: 1

Sprinkler Description

Auto Sprinkler: 1

Water Access

None: 1

Construction Materials

CBS: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Irregular Lot: 1 Sidewalks: 1

Road Frontage Type

East of US-1: 1

Roof

Other: 1

Water Source

Public: 1

Income and Expenses

Annual Total Expense: 0 Gross Income: 0

Source Of Expenses

Other: 1

Cooling

Central Air: 1

Showing Requirements

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

Restrictions

Historic Designation: 1

Storm Protection Details

None: 1

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Patio: 1

Patio Details

Patio - Open: 1

Unit 1 Appliances

Microwave: 1 Range: 1 Refrigerator: 1

Unit 1 Details

Actual Rent: 5500 Baths Full: 1 Furnished: Unfurnished SqFt: 700

Unit 1 Interior Features

Built-in Shelves: 1

Unit 1 Other Equipment

Air Conditioning Unit: 1

Unit 1 Parking Features

Open Parking: 1

Unit 1 Patio/Porch

Patio/Porch: 1

Unit 1 Rooms

Kitchen: 1

Unit 2 Appliances

Microwave: 1 Range: 1 Refrigerator: 1

Unit 2 Details

Actual Rent: 5000 Baths Full: 1 Furnished: Unfurnished SqFt: 600

Unit 2 Other Equipment

Air Conditioning Unit: 1

Unit 2 Parking Features

Open Parking: 1

Unit 2 Patio/Porch

Patio/Porch: 1

Unit 2 Rooms

Kitchen: 1

Price Calculations

Current Price To SqFt: 3279.66

Acreage Description

Less Than 1/4 Acre Lot: 1

Financial Information

Tax Annual Amount: 70810.6 Tax Year: 2025 Tax Legal Description: ROYAL PARK ADD LT 51 & LT 52 (LESS N 100 FT OF W 25 FT) BLK 8

Status Change Information

Major Change Timestamp: 2026-02-13T18:27:45Z Major Change Type: New Listing Status Change Date: 2026-02-13

Originating Details

Originating System Key: 20260212134030539376000000 Originating System ID: M00000170

Property Features

Association Amenities: Sidewalks Documents Available: Other Electric: Three Phase Flooring: Tile; Wood; Other Property Condition: Resale Structure Type: Quadruplex Tenant Pays: Cable TV; Electricity; Sewer; Water Source Of Expenses: Other Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional Lot Features: Irregular Lot; Sidewalks Possession: Close Of Escrow Restrictions: Historic Designation Road Frontage Type: East of US-1 Roof: Other Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Storm Protection Details: None Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Other Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Interior Features: Built-in Shelves Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot

Listing Office: Douglas Elliman

Last Updated: February - 19 - 2026

150 Australian Avenue, Palm Beach, FL 33480- MLS# R11163493

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