ROYAL PARK

123 Australian Avenue, Palm Beach FL 33480

4 beds · 4.5 baths · 3,696 ft²

Closed

$10,500,000

Est. Payment $55,885/mo

MLS Sheet Video

4

Bedrooms

4.5

Bathrooms

3,696

Sq. Ft.

1924

Year Built

2

Stories

38

Days on Market

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.

Facts

MLS#
R10999227
Subdivision
ROYAL PARK
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1924
Lot Size
6,970 ft²
Sq. Ft.
3,696 ft²
Sq. Mt.
343 m²
Price per sq. ft.
$2,841/ft²
Price per sq. mt.
$30,612/m²
Stories
2
Garage
—
Pool
Private
Days on Market
38 days
Listed
Jun 25, 2024
Last Updated
Aug 13, 2026
Price/Lot Sq.Ft.
$1,506/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

72

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/13/2026Sold$10,500,000
6/25/2024Listed for sale$10,500,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

123 Australian Avenue, Palm Beach FL 33480Directions

Estimated Monthly Payment

$64,785/mo

Principal & Interest

$55,885

Property Tax

$8,750

Insurance

$150

HOA

$0

20% ($2,100,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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