150 Australian Avenue, Palm Beach, FL 33480
$16,500,000
Property Type:
Residential Income
Square Footage:
5,115
Lot Size (sq. ft.):
10,019
Status:
Active
Current Price:
$16,500,000
List Date:
2/13/2026
Last Modified:
2/19/2026
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.
More Information MLS# R11163493
Contract Information
Comp Sale YN: No
Listing Contract Date: 2026-02-13
Status: Active
Original List Price: 16500000
List Price: $16,500,000
Current Price: $16,500,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Palm Beach
Postal Zip: 33480
Geographic Area: PB30
Country: United States
Street Number: 150
Street Name: Australian
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33480
Subdivision Name: ROYAL PARK
Area: 5002
Parcel Number: 50434323050080510
Zoning: R-B(ci
Currently Not Used
Number Of Units Total: 7
General Property Information
Living Area Main: 5031
Gated Community YN: No
Lot Size Area: 10000
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 5115
Building Area Source: Public Records
Year Built: 1910
Lot Size Acres: 0.23
Office/Member Information
DXORIGMLSID: RML
Association Amenities
Sidewalks: 1
Electric
Three Phase: 1
Flooring
Tile: 1
Wood: 1
Other: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Other: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Structure Type
Quadruplex: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Sewer: 1
Water: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
View
City: 1
Other: 1
Heating
Central: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Irregular Lot: 1
Sidewalks: 1
Road Frontage Type
East of US-1: 1
Roof
Other: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 0
Gross Income: 0
Source Of Expenses
Other: 1
Cooling
Central Air: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Text Listing Agent: 1
Restrictions
Historic Designation: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Open: 1
Unit 1 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 5500
Baths Full: 1
Furnished: Unfurnished
SqFt: 700
Unit 1 Interior Features
Built-in Shelves: 1
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 5000
Baths Full: 1
Furnished: Unfurnished
SqFt: 600
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 2 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 3279.66
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 70810.6
Tax Year: 2025
Tax Legal Description: ROYAL PARK ADD LT 51 & LT 52 (LESS N 100 FT OF W 25 FT) BLK 8
Status Change Information
Major Change Timestamp: 2026-02-13T18:27:45Z
Major Change Type: New Listing
Status Change Date: 2026-02-13
Originating Details
Originating System Key: 20260212134030539376000000
Originating System ID: M00000170
Property Features
Association Amenities: Sidewalks
Documents Available: Other
Electric: Three Phase
Flooring: Tile; Wood; Other
Property Condition: Resale
Structure Type: Quadruplex
Tenant Pays: Cable TV; Electricity; Sewer; Water
Source Of Expenses: Other
Construction Materials: CBS
Cooling: Central Air
Heating: Central
Listing Terms: Cash; Conventional
Lot Features: Irregular Lot; Sidewalks
Possession: Close Of Escrow
Restrictions: Historic Designation
Road Frontage Type: East of US-1
Roof: Other
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Storm Protection Details: None
Tax Information: City/County
Utilities: Cable Available; Sewer Available; Water Available
View: Other
Water Access: None
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent
Outdoor Living Spaces: Patio
Patio Details: Patio - Open
Unit 1 Appliances: Microwave; Range; Refrigerator
Unit 1 Interior Features: Built-in Shelves
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Microwave; Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Kitchen
Acreage Description: Less Than 1/4 Acre Lot
Listing Office:
Douglas Elliman
Last Updated: February - 19 - 2026
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