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
Listing Date: 2026-02-13
Status: Active
Original List Price: 16500000
Auction: No
List Price: $16,500,000
Current Price: $16,500,000
List Price/SqFt: 3279.67
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 8
Total Bedrooms: 8
Main Level Bathrooms: 7
Baths - Full: 7
Baths - Total: 7
Property Condition: Resale
Year Built: 1910
SqFt - Total: 5115
SqFt - Living: 5031
SqFt Source: Other
Gated Community: No
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
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
Waterfront: No
Front Exp: North
Private Pool: No
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 2
Location Tax Legal
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
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
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