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150 Australian Avenue, Palm Beach, FL 33480 (MLS# RX-11163495)

150 Australian Avenue, Palm Beach, FL 33480

$16,500,000
Property Type: Residential Bedrooms: 8 Baths: 7 Square Footage: 5,031 Status: Active
Current Price: $16,500,000 Last Modified: 2/14/2026

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# RX-11163495

Contract Information

Auction: No List Price/SqFt: 3279.67 Listing Date: 2026-02-13 Status: Active Original List Price: 16500000 List Price: $16,500,000 Current Price: $16,500,000

General Property Description

Governing Bodies: None Main Level Bedrooms: 8 Main Level Bathrooms: 7 Property Condition: Resale SqFt - Total: 5115 Waterfront: No SqFt Source: Other Gated Community: No Covered Spaces: 0 Homeowners Assoc: None Pets Allowed: Yes Pets on Premises: No Front Exp: North Association Deposit: No Membership Fee Required: No Private Pool: No Type: Single Family Detached Total Bedrooms: 8 Baths - Full: 7 Baths - Total: 7 Year Built: 1910 SqFt - Living: 5031 Subdivision: ROYAL PARK Legal Desc: ROYAL PARK ADD LT 51 & LT 52 (LESS N 100 FT OF W 25 FT) BLK 8 Lot SqFt: 10000 Total Floors/Stories: 2

Location, Tax & Legal

Geo Area: PB30 Country: United States State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2025 Zoning: R-B(ci Short Sale A/U: N/A Short Sale Addendum: No Taxes: 70810.6 Special Assessment: No REO: No Area: 5002 County: Palm Beach Parcel ID: 50434323050080510 Street #: 150 Street Name: Australian Street Suffix: Avenue Zip Code: 33480 Geo Lat: 26.703016 Geo Lon: -80.035579

Office/Member Info

DXORIGMLNO: RX-11163495 DXORIGMLSID: RML

Construction

CBS: 1 Frame: 1

Master Bedroom/Bath

Combo Tub/Shower: 1

Rooms

Family: 1

Waterfront Details

None: 1

Lot Description

< 1/4 Acre: 1

Special Info

Sold As-Is: 1

Equip/Appl Included

Dryer: 1 Range - Electric: 1 Refrigerator: 1 Washer: 1

Cooling

Wall-Win A/C: 1

Heating

No Heat: 1

Furnished

Unfurnished: 1

Interior Features

Foyer: 1

Flooring

Wood Floor: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Parking

Driveway: 1

Pet Restrictions

Size Limit: 1

Restrict

Historic Designation: 1

Subdiv. Amenities

Bike - Jog: 1 Cafe/Restaurant: 1 Park: 1 Sidewalks: 1 Street Lights: 1 Tennis: 1

Terms Considered

Cash: 1

Possession

At Closing: 1

Storm Protection

None: 1

Taxes

City/County: 1

Property Features

Construction: CBS; Frame Waterfront Details: None Lot Description: < 1/4 Acre Interior Features: Foyer Furnished: Unfurnished Rooms: Family Parking: Driveway Pet Restrictions: Size Limit Restrict: Historic Designation Flooring: Wood Floor Heating: No Heat Cooling: Wall-Win A/C Terms Considered: Cash Utilities: Electric; Public Sewer; Public Water Storm Protection: None Special Info: Sold As-Is Taxes: City/County Possession: At Closing

Room Information

Living Room Length: 12.00 Width: 10.00 Length: 12.00 Level: Main Width: 10.00 Kitchen Length: 6.00 Width: 6.00 Length: 6.00 Level: Main Width: 6.00 Master Bedroom Length: 16.00 Width: 14.00 Length: 16.00 Level: Main Width: 14.00
Listing Office: Douglas Elliman
IDX
Last Updated: February - 14 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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