Aquantis Realty

Palm Beach, FL·Sold

123 Australian Avenue

Sold for

$9,280,000

Originally listed at $10,500,000

123 Australian Avenue, Palm Beach, FL 33480

4
Beds
4
Full Baths
1
Half Baths
3,696
Sq.Ft.

Listing courtesy of Lisa Cregan, Sotheby's Intl. Realty, Inc.

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

Overview

At a glance

Property Type
Residential
Property Sub-Type
Single Family Residence
Address
123 Australian Avenue, Palm Beach, FL 33480
Zoning
R-B(ci
MLS ID
R10999227
Listing Date
2024-06-25
Last Updated
1/13/2026, 2:59:49 AM
Days on Market
38
Subdivision
ROYAL PARK
Stories
2

Features & Amenities

The Details

Interior

Bedrooms
4
Full Bathrooms
4
Half Bathrooms
1
Flooring
Wood
Appliances
Dryer, Disposal, Dishwasher, Free-Standing Freezer, Gas Range, Refrigerator, Washer
Interior Features
Walk-In Closet(s), Pull Down Stairs
Laundry
Inside

Exterior

Construction
Frame, Hollow Tile
Exterior Features
Balcony
Patio & Porch
Patio - Open, Porch - Open, Patio, Porch
Pool
Heated, In Ground
Parking
On Street
Garage Spaces
0
Water Source
Public
Sewer
Public Sewer
Utilities
Cable Available, Natural Gas Available, Sewer Available, Water Available
Cooling
Central Air
Heating
Central
Security
Security System

Details

Building Area
3,794 sq.ft.
Lot Size
6,970 sq.ft.
Lot Size (Acres)
0.16 acres
Subdivision
ROYAL PARK
Architectural Style
Old Spanish, Mediterranean
Stories
2
Year Built
1924
View
Garden, Ocean
Direction Faces
South
County
Palm Beach
Zoning
R-B(ci

Financial

List Price
$10,500,000
Original List Price
$10,500,000
Annual Tax
$85,894.7/yr
Tax Year
2023

Location

Landmark
Shopping
Culture
School
Golf

123 Australian Avenue, Palm Beach, FL 33480

What’s Nearby

Key Distances

Shopping

Worth Avenue

0.2 mi1 min

Landmark

The Breakers

0.7 mi3 min

Airport

Palm Beach International Airport

4.4 mi9 min

School

Palm Beach Day Academy — Lower School

0.3 mi1 min

Shopping

Rosemary Square (CityPlace)

1.3 mi4 min

Landmark

Mar-a-Lago Club

1.7 mi6 min

Your agent

Stephanie Mordes

Stephanie Mordes

VP — Sales

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Information & Accuracy

All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.