Address
150 Australian Avenue, Palm Beach, FL
Price
$ 11,250,000
Property Attributes
  • MLS#RX-10898544
  • TypeMulti-Family
  • CountyPALM BEACH
  • CityPalm Beach
  • Area5002
  • NeighborhoodRoyal Park
  • Zip33480
  • StyleQuad Plex
  • Year Built1950
  • Taxes$ 48376
  • Price$ 11,250,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage5031
  • Lot Size10,019 SqFt
Data Source:
Beaches MLS
Property Description

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.

Price History
6/20/2023 Listed $11,900,000
9/21/2023 6% - $11,250,000

General Features

Construction CBS,Frame
Heating No Heat
Cooling Wall-Win A/C
Utilities Cable,Electric,Water Available
Roof Comp Shingle
Exterior Features Auto Sprinkler,Open Patio
Zoning R-B(ci
HOA None
Status Active
Year Built 1950
Tenant Pays Cable,Electric
REO No
Subdivision ROYAL PARK
Stories 2.0
Type Quad Plex
Property Type B
Area 5002
Auction No
Source of Expenses Other
Tax Year 2022
Terms Considered Cash
Carport Spaces 0.00
Short Sale No
Restrict Historic Designation
Special Info Potential Tear Down,Sold As-Is
Taxes 48376.10
Geo Lat 26.703011
Adult 55+ No Hopa
Virtual Tour https://www.propertypanorama.com/150-Australian-Avenue-Palm-Beach-FL-33480/unbranded
Geo Area PB30
Geo Lon -80.035576
Legal Description ROYAL PARK ADD LT 51 & LT 52 (LESS N 100 FT OF W 25 FT) BLK 8

Interior Features

Flooring Wood Floor
Total # of Units 7
Unit 1 Desc A/C Unit
Unit 2 Desc A/C Unit
Unit 3 Desc A/C Unit
Unit 4 Desc A/C Unit
SqFt - Living 5031.00

Exterior Features

Lot Description < 1/4 Acre
Waterfront No
Waterfront None
Private Pool Y/N No
Lot Dimensions 75 x 125
Unit 4 Parking Space Parking
Unit 1 Parking Space Parking
Unit 3 Parking Space Parking
Unit 2 Parking Space Parking
Subdiv Amenities Bike - Jog,Cafe/Restaurant,Park,Sidewalks,Street Lights,Tennis

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 33480

Price
AVG $11.25M
$11.25M
Taxes
AVG $48,376
$48,376
Visits
AVG 1100
1099
Data Provided by Inside Real Estate®
Year Built
AVG 1950
1950
Walkscore
AVG 66
66
Data Provided by Walkscore® not using MLS data

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