$12,750,000
550 S Australian Avenue LPH2500
West Palm Beach, FL 33401
MLS# B26081786
5 beds  |  7 baths  |  5844 sqft


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Property Description
Introducing a lower penthouse at The Berkeley, envisioned by Al Adelson, developer of The Bristol, and designed by Arquitectonica. This expansive flow-through residence offers east and west exposures, floor-to-ceiling glass, soaring ceilings, and abundant natural light. Generous living spaces open to oversized terraces with sunrise-to-sunset views, creating a seamless indoor-outdoor lifestyle. Features include Snaidero Italian cabinetry, Sub-Zero and Wolf appliances, private elevator entry, and a versatile flex space ideal for a home office, library, or guest suite. Residents enjoy concierge and valet service, rooftop pool and lounge, wellness spa, fitness center, and proximity to CityPlace, the Kravis Center, and downtown West Palm Beach's premier dining and cultural destinations.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-09-29
Status: Active
Original List Price: 12750000
List Price: $12,750,000
Current Price: $12,750,000
Listing Service: Full Service
Location and Legal
Country: United States
County Or Parish: Palm Beach
Street Number: 550
Street Direction Prefix: S
Street Name: Australian
Street Suffix: Avenue
Unit Number: LPH2500
State Or Province: FL
Postal Code: 33401
Subdivision Name: The Berkeley
Development Name: The Berkeley
Area: 5420
Geographic Area: PB20
Special Assessment YN: No
Parcel Number: 74434321120000010
Zoning: CLD-25 Clearlak
Building Name: The Berkeley
General Property Information
Total Units In Building: 193
Unit Floor #: 25
Property Sub Type: Condominium
Bedrooms Total: 5
Bathrooms Total: 7
Bathrooms Full: 6
Bathrooms Half: 1
Projected Completion Date: 2028-08-22
Builder Lot/Unit #: 800
Community Development District YN: No
Building Area Main: 5844
Building Area Source: Builder
Living Area Main: 4752
Living Area Source: Builder
Accessibility Features YN: Yes
Year Built: 2028
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Parking Total: 2
Gated Community YN: Yes
Senior Community YN: No
Waterfront YN: 1
Outdoor Living Spaces YN: Yes
Stories Total: 25
Stories: 1
Direction Faces: West
Pool Private YN: No
Furnished: Unfurnished
Washer/Dryer Allowed YN: Yes
Financial Information
Association YN: 1
Association Deposit YN: No
Association Fee: 5093
Association Fee Frequency: Monthly
Association Membership: Mandatory
Association Email: NA
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 5093
Membership Fee Required YN: No
Tax Annual Amount: 102951
Tax Year: 2026
Tax Legal Description: CLEARWATER PARK LTS 4 & 5
Leasing Permitted Details
Leasing Permitted YN: No
Qualifying Requirements
Minimum Credit Score YN: No
Capital Contributions
Capital Contributions YN: Yes
Capital Contributions Amount: 10187
Main Level Rooms
Main Level Bathrooms: 7
Main Level Bedrooms: 5
Pet Details
Pet Fee YN: No
Storm Protection
Impact Glass: Complete
Permanent Generator: Whole House
Price Calculations
Current Price To SqFt: 2683.08
Status Change Information
Major Change Timestamp: 2026-09-29T15:02:14Z
Major Change Type: New Listing
Status Change Date: 2026-09-29
Originating Details
Originating System Key: 20260929130609022974000000
Originating System ID: M00000170
Property Features
Accessibility Features: Common Area
Association Amenities: Gated; Maintenance; Security
Association Fee Includes: Common Areas; Common Real Estate Tax; Elevator; Maintenance Grounds; Pool Service; Security
Flooring: Other
Foundation Details: Piling
Parking Features: Assigned; Attached Garage; Garage
Property Condition: To Be Built
Special Listing Conditions: Standard
Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Refrigerator; Washer; Wine Refrigerator
Construction Materials: Concrete
Cooling: Central Air
Association Type: Condominium
Heating: Central
Interior Features: Kitchen Island; Walk-In Closet(s)
Laundry Features: Inside; Laundry Closet
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: Cats OK; Dogs OK; No Restrictions
Possession: Close Of Escrow
Restrictions: See Remarks
Road Frontage Type: City Street
Roof: Other
Sewer: Public Sewer
Structure Type: Multi Family
Tax Information: City/County; New Construction
Unit Description: Corner/End Unit
Utilities: None
View: Water
Water Source: Public
Water View: Lake
Waterfront Features: Lake Front
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Covered
Room Types: Kitchen; Living Room; Master Bedroom
Supplements
DISCLAIMER: All images and visual materials associated with this property, including AI generated images, virtually staged photos, edited images, artist conceptual renderings, maps, site plans, floor plans, and other graphics, are provided solely for illustrative purposes. These representations may not accurately reflect current conditions and are subject to change without notice. No representations or warranties are made regarding the accuracy or completeness of these visual materials. Buyers should not rely solely on these materials and are responsible for independently verifying all property details.
Room Information
Room Name
Kitchen
Living Room
Master Bedroom

IDX
Listing Office: Douglas Elliman
Source MLS Verified

Last Updated: September - 29 - 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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