Royal Park, 150 Australian Ave #B

$13.9M10.1%
$12,500,000
10
Beds
6
Baths
5,031
SqFt
Status
OFF MARKETExpired
Parking
No info
Size
5,031 SqFt (467 m2)
Price
$2,485/SqFt ($26,744/m2)
Type
House
Built
1910
MLS Number
R10991284
On Site
837 Days
Updated
523 Days ago
Page Views
0
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.

Features

Bedrooms
  • Bedrooms: 10
Bathrooms
  • Bathrooms: 6
  • Half Bathrooms: No info
Exterior and Lot Features
    Interior, Heating and Cooling
    • Interior Features: EntranceFoyer, TubShower
    • Equipment / Appliances: Dryer, ElectricRange, Refrigerator, Washer
    • Heating Description: None
    • Cooling Description: WallWindowUnits
    Building and Construction
    • Floor Description: Hardwood,Wood
    • Year Built: 1910
    • Year Built Description: Resale
    Waterfront and Water Access
    • Waterfront Frontage: No info
    School Information
      Other Property Info
      • Garage: No info
      • Listing Date: 2024-05-29T11:16:12.000-00:00
      • Pets Allowed: Yes
      Taxes, Fees & More
      • Taxes: 54024
      • Parking Description: Driveway
      • Total Floors in Building: 2

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      Price History

      Current
      $12.5M
      High
      $13.9M
      Low
      $12.5M
      Total Change
      -10.1%
      $14.1M$13.2M$12.3MMay 24Aug 24Apr 25
      Date
      Event
      Price
      Change
      Price Per
      04/07/2025
      Price Reduced
      $12.5M
      -3.1%
      $2,485 ft2
      $26,744 m2
      08/29/2024
      Price Reduced
      $12.9M
      -7.19%
      $2,564 ft2
      $27,600 m2
      05/29/2024
      Listed
      $13.9M
       
      $2,763 ft2
      $29,740 m2
      04/07/2025
      $12.5M
      Event
      Price Reduced
      Change
      -3.1%
      Price Per
      $2,485 ft2
      $26,744 m2
      08/29/2024
      $12.9M
      Event
      Price Reduced
      Change
      -7.19%
      Price Per
      $2,564 ft2
      $27,600 m2
      05/29/2024
      $13.9M
      Event
      Listed
      Price Per
      $2,763 ft2
      $29,740 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 .

      Listing Location & Street View
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      Scores

      Walk Score®
      Very Walkable. Most errands can be accomplished on foot
      72

      100
      Bike Score®
      Bikeable. Some bike infrastructure
      63

      100
      Sound Score®
      Very loud
      71

      100
      Airport Score
      Close to airports. Noticeable airport activity
      1

      100
      Traffic Score
      Congested area. Frequent traffic delays
      37

      100
      Local Score
      Limited local amenities nearby
      1

      100
      Community Snapshot
      3 – 8 BR
      Bedrooms
      $13M – $32.9M
      Price Tier
      1,238 - 10,320
      SqFt Range
      1947
      Year Build
      2
      Total Floors

      Subdivision Amenities

      Laundry
      None
      Sidewalks

      Palm Beach
      Ultra Luxury
      Ultra Luxury Homes & Condos