$9,280,000
Palm Beach, FL 33480
MLS# R10999227
Status: Closed
4 beds | 5 baths | 3794 sqft

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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.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2024-06-25
Status: Closed
Original List Price: 10500000
Sold Price: $9,280,000
Current Price: $9,280,000
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.
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: 1
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
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
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
Room Types
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
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
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; 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
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
Supplements
The ocean block of Australian Avenue is the ideal in-town neighborhood - just steps from the beach and Worth Avenue shops and restaurants.
Room Information
| Room Name | Length | Width | Level |
| Living Room | 1.00 | 1.00 | Main |
| Kitchen | 1.00 | 1.00 | Main |
| Master Bedroom | 1.00 | 1.00 | Main |
| Attic | |||
| Family Room | |||
| Laundry |
Listing Office: Sotheby's Intl. Realty, Inc.

Last Updated: August - 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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