Multifamily in Palm Beach, FL 33480Royal Park, 150 Australian Ave #B
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OFF MARKET
5,031
SqFtStatus
OFF MARKETExpired
Size
5,031 SqFt (467 m2)
Price
$2,485/SqFt ($26,744/m2)
Type
Multifamily
Built
1910
HOA
N/A
MLS Number
R10991290
On Site
838 Days
Updated
524 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
Bathrooms
Exterior and Lot Features
- Exterior Features: Patio
Interior, Heating and Cooling
- 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
- Listing Date: 2024-05-29T11:26:21.000-00:00
Taxes, Fees & More
- Taxes: 54024
- Total Units in Building: 2
Apples-to-Apples Comparables
Price History
Current
$12.5M
High
$13.9M
Low
$12.5M
Total Change
-10.1%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 .
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Scores
72
100
63
100
71
100
1
100
37
100
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
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