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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
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.