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436 Australian Avenue, Palm Beach, FL 33480 (MLS# R3265649)

436 Australian Avenue, Palm Beach, FL 33480

$1,775,000
Property Type: Commercial Sale Square Footage: 3,600 Status: Closed
Current Price: $1,775,000 List Date: 3/10/2012 Last Modified: 5/17/2026

Overview

Description

Wonderful opportunity to own 3 unit complex in the center of town. Great rental income or change in to condominiums and sell the three individually. Wonderful location and all units have been renovated.

Listing Details MLS# R3265649

General Property Information

Number Of Units Total
4
Building Area Main
3600
Building Area Source
Other
Year Built
1951
Stories
2
Lot Size Area
0

Property Features

Building Features: Free Standing Documents Available: Aerial Photo(s); Existing Survey Electric: Separate Meters; Three Phase Flooring: Terrazzo; Wood Heating: Central Individual; Window/Wall Location of Property: City Location Possession: Close Of Escrow; Subject To Tenant Rights Property Condition: New Construction Sale Includes: Building; Land Special Licenses: Occupational Source Of Expenses: Other Tenant Pays: Electricity; Water Cooling: Central Individual; Wall/Window Unit(s) Listing Terms: Cash; Conventional Roof: Concrete; Mixed Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent Contingencies: Insurance

Contract Information

Comp Sale YN
No
Original List Price
1950000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
436
Street Name
Australian
Street Suffix
Avenue
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Area
5002
Geographic Area
PB30
Parcel Number
50434323050050490
Zoning
Multi
Directions
95 to Okeechobee Blvd E to Palm Beach, first R after bridge to australian
Property Description
3 unit Villa on Lake

Financial Information

Tax Annual Amount
26534
Tax Year
2011
Tax Legal Description
Royal Park Add Palm Beach Lot:49 Blk:5 Lot SqFt: Frontage: Depth:

Status Change Information

Major Change Timestamp
2013-07-30T14:16:52Z
Major Change Type
Status Change
Price Change Timestamp
2012-03-12T14:51:00Z
Status Change Date
2013-07-30
Under Contract Date
2013-05-10
Close Date
2013-07-30
Close Price
1775000
Buyer Financing
Cash

More Information

Building and Property Details

# Of Tenants
3
# Of Toilets
4
% Air Conditioned
100
Maximum Ceiling Height
10

Distance To Information

Miles to Beach
5
Miles to Expressway
8

Meter Information

Number Of Meters Total
3

Description of Unit Type 1

Unit Type
1 Bedroom
Units Total
Yes
Full Baths
Yes
Annual Rent
1700

Description of Unit Type 2

Unit Type
2 Bedroom
Units Total
Yes
Full Baths
2
Annual Rent
3700

Description of Unit Type 3

Unit Type
1 Bedroom
Units Total
Yes
Full Baths
Yes
Annual Rent
1700

Price Calculations

Current Price To SqFt
493.05
Original List Price To Close Price
1.09

Originating Details

Originating System Key
20130215224219938043000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Separate Meters
Yes
Three Phase
Yes

Flooring

Terrazzo
Yes
Wood
Yes

Property Condition

New Construction
Yes

Documents Available

Aerial Photo(s)
Yes
Existing Survey
Yes

Tenant Pays

Electricity
Yes
Water
Yes

Location of Property

City Location
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Building Features

Free Standing
Yes

Heating

Central Individual
Yes
Window/Wall
Yes

Sale Includes

Building
Yes
Land
Yes

Special Licenses

Occupational
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Concrete
Yes
Mixed
Yes

Security Features

Smoke Detector(s)
Yes

Water Source

Public
Yes

Source Of Expenses

Other
Yes

Cooling

Central Individual
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes

Contingencies

Insurance
Yes
Listing Office: The Corcoran Group
IDX
Last Updated: May - 17 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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