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$3,470,000 Sale Pending

  • For Sale
  • Pending
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 2,571 Sq. Ft.
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Welcome to The Berkeley, West Palm Beach's newest collection of distinct waterfront residences. Developed by Al Adelson who brought a new level of sophistication to the area with The Bristol, The Berkeley is similarly destined to be a cornerstone in the downtown skyline. Arquitectonica crafted a rhythmic facade and tranquil interiors to capture the reflective water, light and sky of the surroundings. Every residence will offer unobstructed water views. Conceived to meet a need in its growing market for a luxury product that lives like a single-family home, The Berkeley's valuable site provides several unique opportunities including a landmark location moments from city center, spectacular views, gracious living space and terraces, and uncompromised privacy alongside world class amenities.

Full Property Details for 550 S Australian Ave #502

General

  • Price: $3,470,000
  • HOA FEE: $3,582
  • Status: Pending
  • Type: Condo
  • Source: Regional
  • MLS ID: R11050497
  • Updated: 1/22/2026
  • Added to Site: 393 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Dual Sinks, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Gas Range, Washer
  • Furnishings: Unfurnished
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Baths: 3

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main: 3

Additional Information

  • Shared Amenities: Fitness Center, Pool
  • Pool: Yes
  • Pool Description: Association
  • Security/Safety: Gated Community

Exterior

  • Exterior Features: Balcony, Outdoor Living Area
  • Porch/Patio/Deck: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Garage

Location

  • County: Palm Beach
  • Subdivision: The Berkeley
  • Driving Directions: Sales Gallery located at 500S Australian Ave., on the 9th Floor.
  • Direction Faces: West

Community

  • Community Name: 5420
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other
  • Heating Type: Other

Structural Information

  • Construction: Metal Siding, Concrete
  • Stories/Levels: 25
  • Building Size: 2960
  • Square Feet: 2,571
  • Living Area: 2,571 Sq. Ft.
  • Year Built: 2027
  • Property Condition: To Be Built

Water Features

  • Water Front: Yes
  • Water Front Desc.: Lake
  • Water Front View: Lake
  • Lake Front: Yes

Financial Considerations

  • Association Fee: $3,582
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: CLEARWATER PARK LTS 4 & 5
  • Property ID: 74434321120000040

Listed by Berkeley Realty LLC

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Listing agent

— 550 S Australian Ave #502 —

  • Berkeley Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 550 S Australian Ave #502

School District:Palm Beach County School District
NameGradesDistance
Roosevelt Elementary School, West Palm Beach, FL
1220 L A Kirksey St, West Palm Beach, FL 33401
PK-51.3 mi
Bear Lakes Middle School
3505 Shenandoah Road, West Palm Beach, FL 33409
6-83.2 mi
Palm Beach Lakes High School
3505 Shiloh Drive, West Palm Beach, FL 33407
9-124.2 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 550 S Australian Ave #502 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2025
Listed
$3,470,000
-46.62%
MLS
12/15/2021
Sold
$6,500,000
—
Public Record
Get Price Alerts and Save Property
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 for 550 S Australian Ave #502

Year
Property Taxes
Change
Tax Assessment
Change
2025
$95,317
-30%
$4,869,060
-34%
2024
$136,506
16%
$7,358,975
34%
2023
$117,808
80%
$5,510,758
106%
2021
$65,273
-39%
$2,671,483
-43%
2022
$107,371
64%
$4,656,238
73%
2021
$65,273
-3%
$2,695,334
4%
2019
$67,097
9%
$2,587,124
2%
2018
$61,340
2%
$2,538,104
3%
2017
$60,254
7%
$2,469,479
10%
2016
$56,176
7%
$2,244,981
10%
2015
$52,523
7%
$2,040,892
9%
2014
$48,965
6%
$1,866,106
6%
2013
$46,346
—
$1,752,486
—
View All
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 for 550 S Australian Ave #502

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Berkeley Realty LLC

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550 S Australian Avenue #502, West Palm Beach, FL 33401 (MLS# R11050497) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 550 S Australian Avenue #502 is currently listed for $3,470,000 and was received on January 09, 2025. Want to learn more about 550 S Australian Avenue #502? Do you have questions about finding other Condo real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

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