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

13,900,000(-7.19% )
$12,900,000Price
N/ASqFt

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Size: 10,001 ft2 / 929 m2
Price: $1,290 ft2 / $13,884 m2
MLS Number: R10991317
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
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: 181
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
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Price History
08/29/2024

Date

Price Reduced

Event

$12.9M

Price

-7.19%

Change Rate

$1,290 ft2 / $13,884 m2

Price Per

05/29/2024

Date

Listed

Event

$13.9M

Price

$1,390 ft2 / $14,960 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
$NaN/ft²

Unit 150 Australian Ave – Asking

$NaN/ft²

(0%) from Closed Medium $/ft²

Closed Medium $/ft²

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