123 Australian Avenue, Palm Beach, FL 33480

$9,280,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,794 Lot Size (sq. ft.): 6,970 Status: Closed
Current Price: $9,280,000 List Date: 6/25/2024 Last Modified: 1/13/2026

Description

High elevation and 2nd floor ocean views make this freshly renovated, Mediterranean-style home very special. There are three generous bedrooms in the main house, including one with broad views east to the water. All three feature new en-suite baths. The primary suite has been brilliantly rethought with a large, updated private bath and extensive closet space. This non-landmarked house is the perfect blend of 1920's Palm Beach Spanish architecture with modern convenience and sensibilities. Pool-side, a charming guest house includes a fresh and modern downstairs entertaining area along with a light and bright guest suite above. New roof, new AC, new hurricane screens and an up-to-date kitchen make this the perfect spot for a buyer who's looking to be move-in ready for next season.

Supplements: The ocean block of Australian Avenue is the ideal in-town neighborhood - just steps from the beach and Worth Avenue shops and restaurants.

More Information MLS# R10999227

Contract Information

Comp Sale YN: No Listing Contract Date: 2024-06-25 Status: Closed Original List Price: 10500000 Sold Price: $9,280,000 Current Price: $9,280,000

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: 123 Street Name: Australian Street Suffix: Avenue State Or Province: FL Postal Code: 33480 Subdivision Name: ROYAL PARK Area: 5002 Parcel Number: 50434323050280510 Zoning: R-B(ci Directions: Heading east on Royal Palm Way, make right onto S County, then make u-turn after Town Hall. Ocean block of Australian is one-way going east. House will be on your left.

General Property Information

Living Area Main: 3696 Lot Size Dimensions: 50' x 140' Gated Community YN: No Lot Size Area: 6970 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 4 Bathrooms Total: 5 Bathrooms Full: 4 Bathrooms Half: 1 Building Area Main: 3794 Building Area Source: Public Records Year Built: 1924 Lot Size Acres: 0.16 Direction Faces: South

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 85894.7 Tax Year: 2023 Tax Legal Description: ROYAL PARK ADD LT 51 BLK H

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2024-08-27T16:22:32Z Major Change Type: Status Change Status Change Date: 2024-08-27 Under Contract Date: 2024-08-02 Close Date: 2024-08-27 Close Price: 9280000

Amenities

Pool: 1

Dining Area

Breakfast Area: 1 Formal Dining: 1

Electric

Three Phase: 1

Entry Information

Entry Location: Entry Level Living Area Y

Flooring

Wood: 1

Guest House Area Details

Building Area Guest House: 774

Guest House Features

1 Bath: 1 1 Bedrooms: 1 Living Room: 1

Parking Features

On Street: 1

Parking Information

Open Parking Spaces: 2

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

View

Garden: 1

Heating

Central: 1

Sprinkler Description

Auto Sprinkler: 1

Water Access

None: 1

Water View

Ocean: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Free-Standing Freezer: 1 Gas Range: 1 Refrigerator: 1 Washer: 1

Construction Materials

Frame: 1 Hollow Tile: 1

Interior Features

French Doors: 1 Pull Down Stairs: 1 Walk-In Closet(s): 1

Laundry Features

Inside: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Sidewalks: 1

Pool Features

Heated: 1 In Ground: 1

Roof

Barrel: 1

Security Features

Security System: 1

Water Source

Public: 1

Architectural Style

Mediterranean: 1 Old Spanish: 1

Cooling

Central Air: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Text Listing Agent: 1 See Remarks: 1

Master Bedroom/Bath

Dual Sinks: 1 Master Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Storm Protection

Other Protection: Complete

Storm Protection Details

Storm Shutters: 1

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Patio: 1 Porch: 1

Patio Details

Patio - Open: 1

Porch Details

Porch - Open: 1

Contingencies

None: 1

Room Types

Attic: 1 Family Room: 1 Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Main

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 2510.82 Original List Price To Close Price: 1.13

Acreage Description

Less Than 1/4 Acre Lot: 1

Originating Details

Originating System Key: 20240625122533469993000000 Originating System ID: M00000170

Property Features

Dining Area: Breakfast Area; Formal Dining Electric: Three Phase Flooring: Wood Guest House Features: 1 Bath; 1 Bedrooms; Living Room Parking Features: On Street Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Refrigerator; Washer Architectural Style: Mediterranean; Old Spanish Construction Materials: Frame; Hollow Tile Cooling: Central Air Heating: Central Interior Features: French Doors; Pull Down Stairs; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Lot Features: Sidewalks Pets Allowed YN: Yes Pool Features: Heated; In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Barrel Security Features: Security System Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Storm Protection Details: Storm Shutters Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Water View: Ocean Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent; See Remarks Outdoor Living Spaces: Balcony; Patio; Porch Patio Details: Patio - Open Porch Details: Porch - Open Contingencies: None Room Types: Attic; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Room Information

Living Room Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Kitchen Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Master Bedroom Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Attic Family Room Laundry

Documents

Listing Office: Sotheby's Intl. Realty, Inc.
IDX
Last Updated: January - 13 - 2026
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