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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/unbranded

Property Type: Residential Bedrooms: 8 Baths: 7 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# R11163495

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 Special Assessment YN: No 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

General Property Information

Living Area Main: 5031 Gated Community YN: No Lot Size Area: 10000 Senior Community YN: No Furnished: Unfurnished Stories Total: 2 Stories: 2 Pool Private YN: No Property Sub Type: Single Family Residence Bedrooms Total: 8 Bathrooms Total: 7 Bathrooms Full: 7 Building Area Main: 5115 Building Area Source: Other Year Built: 1910 Lot Size Acres: 0.23 Direction Faces: North

Financial Information

Association Deposit YN: No Membership Fee Required YN: No 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

Office/Member Information

DXORIGMLSID: RML

Amenities

Cafe/Restaurant: 1 Jogging Path: 1 Park: 1 Sidewalks: 1 Street Lights: 1 Tennis Court(s): 1

Electric

Three Phase: 1

Flooring

Wood: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Special Information

Sold As-Is: 1

Utilities

Sewer Available: 1 Water Available: 1

Heating

None: 1

Water Access

None: 1

Appliances

Dryer: 1 Electric Range: 1 Refrigerator: 1 Washer: 1

Construction Materials

CBS: 1 Frame: 1

Interior Features

Entrance Foyer: 1

Listing Terms

Cash: 1

Water Source

Public: 1

Cooling

Wall/Window Unit(s): 1

Showing Requirements

Call Listing Agent: 1

Main Level Rooms

Main Level Bathrooms: 7 Main Level Bedrooms: 8

Master Bedroom/Bath

Combo Tub/Shower: 1

Pets Allowed YN

Yes: 1

Pets Allowed

Size Limit: 1

Restrictions

Historic Designation: 1

Storm Protection Details

None: 1

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Room Types

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

Price Calculations

Current Price To SqFt: 3279.66

Acreage Description

Less Than 1/4 Acre Lot: 1

Status Change Information

Major Change Timestamp: 2026-02-13T18:29:20Z Major Change Type: New Listing Status Change Date: 2026-02-13

Originating Details

Originating System Key: 20260212133742948282000000 Originating System ID: M00000170

Property Features

Electric: Three Phase Flooring: Wood Property Condition: Resale Appliances: Dryer; Electric Range; Refrigerator; Washer Construction Materials: CBS; Frame Cooling: Wall/Window Unit(s) Heating: None Interior Features: Entrance Foyer Listing Terms: Cash Pets Allowed YN: Yes Pets Allowed: Size Limit Possession: Close Of Escrow Restrictions: Historic Designation Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: None Tax Information: City/County Utilities: Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Call Listing Agent Room Types: Family Room; Kitchen; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Room Information

Living Room Length: 12.00 Length: 12.00 Width: 10.00 Width: 10.00 Level: Main Kitchen Length: 6.00 Length: 6.00 Width: 6.00 Width: 6.00 Level: Main Master Bedroom Length: 16.00 Length: 16.00 Width: 14.00 Width: 14.00 Level: Main Family Room

Listing Office: Douglas Elliman

Last Updated: February - 19 - 2026

150 Australian Avenue, Palm Beach, FL 33480- MLS# R11163495

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