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About This Home

This 0-bedroom, 2-bathroom multi-family at 150 Australian Avenue in Palm Beach, FL is listed for $16,500,000 ($3,280 per sqft). Built in 1910, the home offers 5,031 sqft of living space on a N/A lot.

Agent 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.

Key Features

  • Built in 1910
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
2 full
4 spaces
1910

Amenities

View

Monthly Cost Estimate

$88,245/mo

20% down · 6.5% · 30 years

Principal$11,933
Interest$71,500
Insurance$4,813

Estimates only. Actual payments may vary.

Location

150 Australian Avenue

Palm Beach, FL 33480

ROYAL PARK

Features & Amenities

Exterior Features

Auto SprinklerOpen Patio

Property Details

Flooring

OtherTileWood

Views

CityOther

Parking

Open

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 2-bathroom multi-family at 150 Australian Avenue is listed at $16,500,000 ($3,280/sqft). The estimated monthly payment is $71,500 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 2 stories, 4 parking spaces. Exterior Features: Auto Sprinkler, Open Patio.

This property is listed by Michael Melear and can be reached at 5616558600 or michaelmelear@gmail.com.

MM

Michael Melear

Agent at Douglas Elliman

(561) 655-8600

Listed by Douglas Elliman · View on Broker Site

MLS# RX-11163493· Source: listhub· Updated 56 days ago

Copyright © 2026 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

150 Australian Avenue, Palm Beach, FL 33480

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