Multifamily in Palm Beach, FL 33480
Royal Park, 150 Australian Ave #B

Beds
5,031
SqFt
$3,280
$/SqFt
Ultra Luxury MultifamilyProperty Type
1910Year Built
$3,280/SqFtPrice per sq ft
City,OtherView
Outdoor Living AreaExterior Features
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: 275 DaysUpdated: 249 Days agoPage Views: 0

Features

MLS Number: R11163493
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: OutdoorLivingArea
      • View: City,Other
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Other,Tile,Wood
      • Construction Type: Quadruplex
      • Year Built: 1910
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2026-02-12T19:00:00.000-00:00
        Taxes, Fees & More
        • Taxes: 70810.6
        • Total Units in Building: 2
        • Total Units in Complex: 7

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        02/19/2026
        Listed
        $16.5M
         
        $3,280 ft2
        $35,302 m2
        02/19/2026
        $16.5M
        Event
        Listed
        Price Per
        $3,280 ft2
        $35,302 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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