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$16,500,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 150 Australian Ave
General
- Price: $16,500,000
- Taxes: $70,810 (2025)
- Status: Active
- Type: Duplex
- Source: Regional
- MLS ID: R11163493
- Updated: 2/13/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Other, Tile, Wood
Additional Information
- Shared Amenities: Sidewalks
Exterior
- Exterior Features: Outdoor Living Area
- Porch/Patio/Deck: Patio
Location
- County: Palm Beach
- Subdivision: ROYAL PARK
Community
- Community Name: 5002
- Units Assoc/Comm: 7
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Multiple Meters, Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Structure Type: Quadruplex
- Construction: Block
- Roof: Other
- Stories/Levels: 2
- Building Size: 5115
- Square Feet: 5,031
- Living Area: 5,031 Sq. Ft.
- Year Built: 1910
- Property Condition: Resale
Lot Features
- Property View: City, Other
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018.8
- Sidewalks: Yes
- Lot Features: Irregular Lot, Sprinklers Automatic, 1/4 Acre
- Zoning: R-B(ci
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $70,810.6
- Tax Year: 2025
- Terms: Cash, Conventional
- Tenant Pays: Cable TV, Electricity, Sewer, Water
Disclosures and Reports
- Documents Avail.: Other
- Legal Description: ROYAL PARK ADD LT 51 & LT 52 (LESS N 100 FT OF W 25 FT) BLK 8
- Property ID: 50434323050080510
Listed by Douglas Elliman
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Schools
Schools serving 150 Australian Ave
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Palm Beach Public School 239 Cocoanut Row, Palm Beach, FL 33480 | K-5 | 0.4 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 2.4 mi |
Forest Hill Community High School 6901 Parker Avenue, West Palm Beach, FL 33405 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 150 Australian Ave
Date
Details
Price
Change
Source
2/13/2026
Listed
$16,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 150 Australian Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$70,831
16%
$5,986,282
23%
2024
$60,988
13%
$4,886,228
19%
2023
$54,024
28%
$4,118,332
65%
2021
$42,252
-13%
$2,492,662
-26%
2022
$48,376
14%
$3,389,803
58%
2021
$42,252
18%
$2,143,020
11%
2019
$35,842
-1%
$1,939,089
-4%
2018
$36,236
7%
$2,027,968
10%
2017
$33,892
6%
$1,843,607
8%
2016
$32,119
8%
$1,713,441
10%
2015
$29,814
8%
$1,557,674
10%
2014
$27,672
5%
$1,416,571
5%
2013
$26,372
—
$1,348,299
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 150 Australian Ave
150 Australian Avenue, Palm Beach, FL 33480 (MLS# R11163493) is a Duplex property with 0 bedrooms and 0 full bathrooms. 150 Australian Avenue is currently listed for $16,500,000 and was received on February 13, 2026. Want to learn more about 150 Australian Avenue? Do you have questions about finding other Duplex real estate for sale in Palm Beach? You can browse all Palm Beach real estate or contact a Coldwell Banker agent to request more information.

