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$9,995,000
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Property Description
Rare Opportunity to Own a Piece of Palm Beach History. Step back in time when you enter this historic one-story Bungalow, originally built circa 1918. Landmarked by the current owner in November 2023, the home has been completely and lovingly renovated and preserved. This charming Bungalow features impact resistant, Double Hung Andersen windows, a new asphalt shingle roof, copper gutters, Detroit brick walkways, white picket fences and a delightful water fountain feature in the rear yard. Interiors boast original pecky cypress ceilings with matching built-in hutch, a gas fireplace, and an exceptional Jim Dove Design gourmet kitchen, featuring a handsome La Cornue gas stove and leaded glass in the cabinetry. Amazingly, this lot features not one, but two standalone houses! The main house has two bedrooms and two marble baths. The rear cottage features one bedroom and one bath and a full kitchenette with Miele appliances. The two structures are excellent examples of the Bungalow style of architecture popular in the early twentieth century. Their distinguishing characteristics include the original cypress clapboard siding, low-pitched gable roofs with wide cave overhangs, and exposed rafter tails plus the original front porch Coral stone piers, which match the tall chimney constructed of the same. The landscaping is comprised entirely of Florida native plantings.
Full Property Details
Full Property Details for 318 Australian Ave
General
- Price: $9,995,000
- Taxes: $57,967 (2024)
- Status: Active
- Type: Single Family
- Source: Regional
- MLS ID: R11079457
- Updated: 2/23/2026
- Added to Site: 332 day(s) ago
Interior
- Interior Features: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Main Level Primary
- Fireplace: Yes
- Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Marble, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: Outdoor Living Area
- Porch/Patio/Deck: Patio
Location
- County: Palm Beach
- Subdivision: ROYAL PARK
- Direction Faces: North
Community
- Community Name: 5002
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Construction: Frame, Concrete
- Stories/Levels: 1
- Building Size: 2054
- Square Feet: 2,054
- Living Area: 2,054 Sq. Ft.
- Year Built: 1918
- Property Condition: Resale
Lot Features
- Lot Dimensions: 46.0 ft x 125.0 ft
- Zoning: R-C(ci
- Fencing (Description): Fenced
Water Features
- Water Front View: None
Financial Considerations
- Tax Amount: $57,967.7
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ROYAL PARK ADD E 7 FT OF LT 18~ LT 19 & W 14 FT OF LT 20 BLK 6
- Property ID: 50434323050060181
Listed by Christian Angle Real Estate
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Schools
Schools serving 318 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 | 0.2 mi |
Conniston Middle School 3630 Parker Avenue, West Palm Beach, FL 33405 | 6-8 | 2.2 mi |
Forest Hill Community High School 6901 Parker Avenue, West Palm Beach, FL 33405 | 9-12 | 3.8 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 318 Australian Ave
Date
Details
Price
Change
Source
5/23/2025
Price Reduced
$9,995,000
-8.3%
MLS
4/04/2025
Listed
$10,900,000
118.22%
MLS
3/31/2023
Sold
$4,995,000
—
Public Record
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 318 Australian Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$65,690
13%
$4,495,630
18%
2024
$57,968
8%
$3,798,029
9%
2023
$53,841
624%
$3,494,950
752%
2021
$7,434
2%
$410,280
-3%
2022
$7,299
-2%
$422,588
4%
2021
$7,434
—
$404,615
2%
2019
$7,403
5%
$395,518
2%
2018
$7,081
—
$388,143
2%
2017
$7,065
10%
$380,160
2%
2016
$6,428
-2%
$372,341
1%
2015
$6,566
-1%
$369,753
1%
2014
$6,608
2%
$366,818
2%
2013
$6,498
—
$361,397
—
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 318 Australian Ave
318 Australian Avenue, Palm Beach, FL 33480 (MLS# R11079457) is a Single Family property with 3 bedrooms and 3 full bathrooms. 318 Australian Avenue is currently listed for $9,995,000 and was received on April 08, 2025. Want to learn more about 318 Australian Avenue? Do you have questions about finding other Single Family 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.

