6 months on rocket

150 Australian Ave, Palm Beach, FL, 33480

$12,900,000

Land

Location

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Property Highlights

MLS #RX-10991317
StatusActive

About 150 Australian Ave

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.

Property Details

Property Features

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (561) 655-8600
  • Listing Agent: Michael Charles Melear

Virtual/3D Tour

  • Virtual Tour: 150 Australian Ave
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Lot Features

Lot Information:

  • Lot: Sidewalk

Other

Directions Information:

  • Directions: Call LA

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,900,000

Tax Information:

  • Annual Amount: $38,397
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Beach, FL.

Med. Sold Price

$1.2M

Med. Price/SqFt

$795

Avg. Days On Market

119

# of Sold Homes

16

150 Australian Ave vs Palm Beach

209 DAYS ON ROCKET

+90 Days

$12,900,000

+$11.6M More

KEY TAKEAWAY

This property is $11.6M more than the Median Sold Price in Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10991317

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (561) 655-8600
  • Listing Agent: Michael Charles Melear

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/25/2024, 1:24:12 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$38,397$2,143,020
2019$35,841$1,939,089
2018$36,236$2,027,968
2017$33,892$1,843,607

History based on county public records data.

Payment Calculator

$64.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$38.7K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1451313
8
/10
  • Palm Beach Public School

  • 239 Cocoanut Row

  • 0.39 miles

  • Public Magnet Grades KG-5

school-card-donut-1451314
3
/10
  • Belvedere Elementary School

  • 3000 Parker Ave

  • 1.99 miles

  • Public District Grades PK-5

school-card-donut-1451315
5
/10
  • U. B. Kinsey/Palmview Elementary School

  • 800 11th St

  • 2.05 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,396. Typical income of Palm Beach, FL residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 150 Australian Ave

What is the listing price of this property?

The listing price of 150 Australian Ave property is $12,900,000.

What type of property is this?

The property 150 Australian Ave is land located in Palm Beach, Florida, 33480.

Is this property for sale now?

Active Listing: 150 Australian Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $38,397 (source: MLS/based on county public records data).
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Rocket HomesFloridaPalm Beach CountyPalm Beach33480150 Australian Ave

This home is located at 150 Australian Ave in Palm Beach, FL and zip code 33480 in the Royal Park neighborhood. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $12,900,000.

In November 2024, from all listings sold in Palm Beach, FL there were more than 1 sold above asking price, over 15 sold below and more than 0 were sold right at the asked price. In November 2024 in Palm Beach, FL there were 21.2% more homes for sale than in October 2024. Listings spent 119 days on the market in November 2024, and had a median list price of $1,275,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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