150 Australian Avenue Palm Beach, FL $ 16,500,000
150 Australian Avenue
$ 16,500,000
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150 Australian Avenue

Palm Beach, FL, 33480
$ 16,500,000
Baths2.0 Sq 5,031

Monthly Estimate*

$ 101,593

150 Australian Avenue, Palm Beach, FL 33480 - Image 1
150 Australian Avenue, Palm Beach, FL 33480 - Image 2
150 Australian Avenue, Palm Beach, FL 33480 - Image 3
150 Australian Avenue, Palm Beach, FL 33480 - Image 4
150 Australian Avenue, Palm Beach, FL 33480 - Image 5
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Studio

Multi-Family Home for sale in Palm Beach, FL

for $16,500,000 with 2 full baths. This 5,031 square foot home was built in 1910 on a lot size of 0.229568.

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.

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Multi-Family Active

Price

$ 16,500,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 70,810

Style

Duplex

Lot Size

0.229568

Year Built

1910

Town/City

Palm Beach

County/Region

Palm Beach

MLS | Web ID

RX11163493

Features
Exterior
Lot Description < 1/4 Acre East of US-1 Irregular Lot Sidewalks
Exterior Amenities Auto Sprinkler Open Patio
Waterfront No None
Private Pool Y/N No
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General
Construction CBS
Heating Central
Cooling Central
Utilities Cable Electric Public Sewer Public Water
Possession At Closing
Roof Other
Zoning R-B(ci
HOA None
Status Active
Year Built 1910
REO No
Subdivision ROYAL PARK
View City Other
Stories Count 2.0
Type Duplex
Property Type B
Area 5002
Auction No
Tax Year 2025
Terms Considered Cash Conventional
Gated Community No
Short Sale No
Restrict Historic Designation
Taxes 70810.60
Adult 55+ No Hopa
Virtual Tour https://www.propertypanorama.com/150-Australian-Avenue-Palm-Beach-FL-33480--RX-11163493/unbranded
Geo Area PB30
Legal Description ROYAL PARK ADD LT 51 & LT 52 (LESS N 100 FT OF W 25 FT) BLK 8
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Interior
Flooring Other Tile Wood Floor
SqFt - Living 5031.00
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Internal Only
OriginalMLSID RX-11163493
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* Excluded Features
List By
Michael Melear

Listing Agent

Douglas Elliman

Broker

michaelmelear@gmail.com

Email

Affordability Calculator

$107,494
Per Month
95%
5%
0%
Monthly Principal & Interest
$101,593
Monthly Property Taxes
$5,901
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
2/13/2026 $16,500,000 Listed Price

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150 Australian Avenue, Palm Beach, FL, 33480 is a Multi-Family Home for sale at $16,500,000 with 5,031 sqft and a lot size of 0.229568. 150 Australian Avenue is a studio with 2.0 baths and was built in 1910. The property's zip code is 33480 which is in Palm Beach, FL