Royal Park, 150 Australian Ave Palm Beach, FL, 33480

13,900,000(-7.19% )
$12,900,000Price
10Beds
6Baths
5,031SqFt

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Details

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Status:
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Parking: No info
Size: 5,031 ft2 / 467 m2
Price: $2,564 ft2 / $27,600 m2
Built: 1910
MLS Number: R10991284
On Site: 206 Days
Updated: 25 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
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Price History
08/29/2024

Date

Price Reduced

Event

$12.9M

Price

-7.19%

Change Rate

$2,564 ft2 / $27,600 m2

Price Per

05/29/2024

Date

Listed

Event

$13.9M

Price

$2,763 ft2 / $29,740 m2

Price Per

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 .

Instant Comparative Market Analysis
$2,200/ft²
$3,000/ft²
$3,800/ft²
$4,600/ft²

Unit 150 Australian Ave – Asking

$2,564/ft²

(-18%) from Closed Medium $/ft²

Closed Medium $/ft²

$3,125/ft²
Community $/Price Range (Closed) $2396/ft² – $4420/ft²
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