Royal Park, 150 Australian Ave #B

Beds
0.23
Acre
$60,434,783
$/Acre
Ultra Luxury LandProperty Type
0.23 AcresLot Size
$60,434,783/AcrePrice per acre
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.
Listing Courtesy Of: Douglas Elliman
Local Realty Services Provided By: Best of Luxury Realty
On Site: 1242 DaysUpdated: 973 Days agoPage Views: 0

Features

MLS Number: R10898542
All features
  • Approx SqFt Total Area: 10019
  • Property SqFt: 10019
  • Remarks: 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.
  • Internet Remarks: 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.
  • Waterfront: No info
  • Days on Market: 273
  • Office Name: Douglas Elliman
  • Area: 10019
  • Taxes: 48376
  • Tax Year: 2022
  • Listing Date: 2023-06-20T12:18:59.000-00:00
  • Lot Size Square Feet: 10019

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Price History

Current
$13.9M
High
$13.9M
Low
$11.3M
Total Change
16.8%
$14.2M$12.6M$10.9MJun 23Sep 23Mar 24
Date
Event
Price
Change
Price Per
03/14/2024
Price Increased
$13.9M
23.56%
$1,387 ft2
$14,934 m2
09/20/2023
Price Reduced
$11.3M
-5.46%
$1,123 ft2
$12,087 m2
06/20/2023
Listed
$11.9M
 
$1,188 ft2
$12,785 m2
03/14/2024
$13.9M
Event
Price Increased
Change
23.56%
Price Per
$1,387 ft2
$14,934 m2
09/20/2023
$11.3M
Event
Price Reduced
Change
-5.46%
Price Per
$1,123 ft2
$12,087 m2
06/20/2023
$11.9M
Event
Listed
Price Per
$1,188 ft2
$12,785 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Michael Melear • Douglas Elliman • Buyer Agency Compensation .
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Community Snapshot
3 – 8 BR
Bedrooms
$12.3M – $29.5M
Price Tier
1,238 - 10,320
SqFt Range
1947
Year Build
2
Total Floors

Subdivision Amenities

Laundry
None
Sidewalks

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