Land in Palm Beach, FL 33480Royal Park, 150 Australian Ave #B
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OFF MARKET
0.23
AcreStatus
OFF MARKETExpired
Size
0.23 Acres (929 m2)
Price
$54,347,826/Acre ($13,454/m2)
Type
Land
MLS Number
R10991317
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
All features
- Approx SqFt Total Area: 10001
- Property SqFt: 10001
- 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: 313
- Office Name: Douglas Elliman
- Area: 10001
- Taxes: 54024
- Tax Year: 2023
- Listing Date: 2024-05-29T12:27:40.000-00:00
- Lot Size Square Feet: 10001
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%$1,250 ft2
$13,454 m2
08/29/2024
Price Reduced
$12.9M
-7.19%$1,290 ft2
$13,884 m2
05/29/2024
Listed
$13.9M
 $1,390 ft2
$14,960 m2
04/07/2025
$12.5M
Event
Price Reduced
Change
-3.1%Price Per
$1,250 ft2
$13,454 m2
08/29/2024
$12.9M
Event
Price Reduced
Change
-7.19%Price Per
$1,290 ft2
$13,884 m2
05/29/2024
$13.9M
Event
Listed
Price Per
$1,390 ft2
$14,960 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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