150 Australian Avenue, Palm Beach, FL 33480
$16,500,000
Property Type:
Residential
Bedrooms:
8
Baths:
7
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# R11163495
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
Special Assessment YN: No
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
General Property Information
Living Area Main: 5031
Gated Community YN: No
Lot Size Area: 10000
Senior Community YN: No
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Pool Private YN: No
Property Sub Type: Single Family Residence
Bedrooms Total: 8
Bathrooms Total: 7
Bathrooms Full: 7
Building Area Main: 5115
Building Area Source: Other
Year Built: 1910
Lot Size Acres: 0.23
Direction Faces: North
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
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
Office/Member Information
DXORIGMLSID: RML
Amenities
Cafe/Restaurant: 1
Jogging Path: 1
Park: 1
Sidewalks: 1
Street Lights: 1
Tennis Court(s): 1
Electric
Three Phase: 1
Flooring
Wood: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Utilities
Sewer Available: 1
Water Available: 1
Heating
None: 1
Water Access
None: 1
Appliances
Dryer: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Frame: 1
Interior Features
Entrance Foyer: 1
Listing Terms
Cash: 1
Water Source
Public: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 7
Main Level Bedrooms: 8
Master Bedroom/Bath
Combo Tub/Shower: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Size Limit: 1
Restrictions
Historic Designation: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Room Types
Family Room: 1
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Price Calculations
Current Price To SqFt: 3279.66
Acreage Description
Less Than 1/4 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-02-13T18:29:20Z
Major Change Type: New Listing
Status Change Date: 2026-02-13
Originating Details
Originating System Key: 20260212133742948282000000
Originating System ID: M00000170
Property Features
Electric: Three Phase
Flooring: Wood
Property Condition: Resale
Appliances: Dryer; Electric Range; Refrigerator; Washer
Construction Materials: CBS; Frame
Cooling: Wall/Window Unit(s)
Heating: None
Interior Features: Entrance Foyer
Listing Terms: Cash
Pets Allowed YN: Yes
Pets Allowed: Size Limit
Possession: Close Of Escrow
Restrictions: Historic Designation
Sewer: Public Sewer
Special Information: Sold As-Is
Storm Protection Details: None
Tax Information: City/County
Utilities: Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: Call Listing Agent
Room Types: Family Room; Kitchen; Living Room; Master Bedroom
Acreage Description: Less Than 1/4 Acre Lot
Room Information
Living Room
Length: 12.00
Length: 12.00
Width: 10.00
Width: 10.00
Level: Main
Kitchen
Length: 6.00
Length: 6.00
Width: 6.00
Width: 6.00
Level: Main
Master Bedroom
Length: 16.00
Length: 16.00
Width: 14.00
Width: 14.00
Level: Main
Family Room
Listing Office:
Douglas Elliman
Last Updated: February - 19 - 2026
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