123 Australian Avenue, Palm Beach, FL 33480 (MLS# R10999227)

123 Australian Avenue, Palm Beach, FL 33480

$9,280,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 3,794 Lot Size (sq. ft.): 6,970 Status: Closed
Current Price: $9,280,000 List Date: 6/25/2024 Last Modified: 1/13/2026

Overview

Description

High elevation and 2nd floor ocean views make this freshly renovated, Mediterranean-style home very special. There are three generous bedrooms in the main house, including one with broad views east to the water. All three feature new en-suite baths. The primary suite has been brilliantly rethought with a large, updated private bath and extensive closet space. This non-landmarked house is the perfect blend of 1920's Palm Beach Spanish architecture with modern convenience and sensibilities. Pool-side, a charming guest house includes a fresh and modern downstairs entertaining area along with a light and bright guest suite above. New roof, new AC, new hurricane screens and an up-to-date kitchen make this the perfect spot for a buyer who's looking to be move-in ready for next season.

Supplements: The ocean block of Australian Avenue is the ideal in-town neighborhood - just steps from the beach and Worth Avenue shops and restaurants.

Listing Details MLS# R10999227

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
5
Bathrooms Full
4
Bathrooms Half
Yes
Building Area Main
3794
Building Area Source
Public Records
Living Area Main
3696
Year Built
1924
Gated Community YN
No
Lot Size Area
6970
Lot Size Acres
0.16
Lot Size Dimensions
50' x 140'
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
South
Fireplace YN
Yes
Pool Private YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Breakfast Area; Formal Dining Electric: Three Phase Flooring: Wood Guest House Features: 1 Bath; 1 Bedrooms; Living Room Parking Features: On Street Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Refrigerator; Washer Architectural Style: Mediterranean; Old Spanish Construction Materials: Frame; Hollow Tile Cooling: Central Air Heating: Central Interior Features: French Doors; Pull Down Stairs; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Lot Features: Sidewalks Pets Allowed YN: Yes Pool Features: Heated; In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Barrel Security Features: Security System Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Storm Protection Details: Storm Shutters Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Water View: Ocean Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent; See Remarks Outdoor Living Spaces: Balcony; Patio; Porch Patio Details: Patio - Open Porch Details: Porch - Open Contingencies: None Room Types: Attic; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2024-06-25
Original List Price
10500000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
123
Street Name
Australian
Street Suffix
Avenue
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
ROYAL PARK
Area
5002
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434323050280510
Zoning
R-B(ci
Directions
Heading east on Royal Palm Way, make right onto S County, then make u-turn after Town Hall. Ocean block of Australian is one-way going east. House will be on your left.

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
85894.7
Tax Year
2023
Tax Legal Description
ROYAL PARK ADD LT 51 BLK H

Status Change Information

Major Change Timestamp
2024-08-27T16:22:32Z
Major Change Type
Status Change
Status Change Date
2024-08-27
Under Contract Date
2024-08-02
Close Date
2024-08-27
Close Price
9280000
Buyer Financing
Cash

More Information

Entry Information

Entry Location
Entry Level Living Area Y

Guest House Area Details

Building Area Guest House
774

Parking Information

Open Parking Spaces
2

Short Sale Details

Short Sale Addendum
No

Storm Protection

Other Protection
Complete

Showing Details

Pet(s) on Premises
No

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Attic
Yes
Family Room
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
2510.82
Original List Price To Close Price
1.13

Originating Details

Originating System Key
20240625122533469993000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

Pool
Yes

Dining Area

Breakfast Area
Yes
Formal Dining
Yes

Electric

Three Phase
Yes

Flooring

Wood
Yes

Guest House Features

1 Bath
Yes
1 Bedrooms
Yes
Living Room
Yes

Parking Features

On Street
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Garden
Yes

Heating

Central
Yes

Sprinkler Description

Auto Sprinkler
Yes

Water Access

None
Yes

Water View

Ocean
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Free-Standing Freezer
Yes
Gas Range
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Frame
Yes
Hollow Tile
Yes

Interior Features

French Doors
Yes
Pull Down Stairs
Yes
Walk-In Closet(s)
Yes

Laundry Features

Inside
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Sidewalks
Yes

Pool Features

Heated
Yes
In Ground
Yes

Roof

Barrel
Yes

Security Features

Security System
Yes

Water Source

Public
Yes

Architectural Style

Mediterranean
Yes
Old Spanish
Yes

Cooling

Central Air
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Text Listing Agent
Yes
See Remarks
Yes

Master Bedroom/Bath

Dual Sinks
Yes
Master Bdrm - Upstairs
Yes
Separate Shower
Yes
Separate Tub
Yes

Pets Allowed YN

Yes
Yes

Restrictions

No Restrictions
Yes

Storm Protection Details

Storm Shutters
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes
Patio
Yes
Porch
Yes

Patio Details

Patio - Open
Yes

Porch Details

Porch - Open
Yes

Contingencies

None
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes

Room Information

Living Room Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Kitchen Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Master Bedroom Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Attic Family Room Laundry

Documents

Listing Office: Sotheby's Intl. Realty, Inc.
IDX
Last Updated: January - 13 - 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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