When was property at 159 Australian Avenue built and last sold?

The property at 159 Australian Avenue was built in 1922 and last sold on May 30, 2023 for $8,120,000.

How much is this home worth?

The estimated value of the home located at 159 Australian Avenue is $0.

What are some comparable homes to 159 Australian Avenue?

There are currently no comparable homes to 159 Australian Avenue.

Palm Beach

33480

Casa Del Lago

159 Australian Avenue

Sold on May 30, 2023

Map

$8,120,000

● House - Off Market

159 Australian Avenue

Palm Beach, FL 33480

5 Beds

4 Baths, 1 Half Bath

3,324 Ft²

$8,968,999

RealtyHop Estimate

0.78%

Since Jun 1, 2023

National-US

Primary Model

About This Property

Move in ready ocean block home with master on the first floor opens to a private backyard with beautiful pool and gardens. Bougainvillea blossoms adorn the porte-cochere leading to the charming entry porch. Inside, a welcoming foyer with a window seat and custom built-ins leads you to the formal living and dining room. The home is replete with pristine hardwood floors throughout, all new kitchen and bathrooms, full impact glass, and a first floor primary suite. Upstairs are two more guest bedrooms and a bonus room that would make a great home office or den. Attached to the main house by a breezeway is a 2 car garage with an exercise room, utility/laundry room, and a second story guest cottage with two bedrooms and bathrooms, and a living room. A heated pool is perfectly sited in the lushly landscaped gardens between the guest and main house. Landmarked in 2012 after extensive renovations this beautiful home was the winner of the Preservation Foundation's Polly Earl Award for its incredible attention to detail.

Unit Size

3,324 Ft²

Days on Market

105 days

Land Size

0.24 acres

Price per sqft

$2,678

Property Type

House

Property Taxes

$8,424

HOA Dues

Year Built

1922

Payment Calculator

Cap Rate Calculator

Last updated: 9 months ago (Beaches MLS #R10866283)

Price History

Date / Event	Date	Event
Jun 1, 2023	Sold	Premium
Sold
Feb 14, 2023	Listed by Compass Florida LLC	$8,900,000
Listed by Compass Florida LLC
Jul 29, 2019	Sold	Premium
Sold
Apr 8, 2019	Listed by Compass Florida LLC	$6,495,000
Listed by Compass Florida LLC
Sep 1, 2016	Sold	Premium
Sold
Aug 1, 2016	Sold	Premium
Sold
May 2, 2016	Listed by Compass Florida LLC	$5,450,000
Listed by Compass Florida LLC

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1922

Effective Year Built: 2005
Building Count: 1
Bedroom Count: 0
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Building Condition: 6
Building Quality: 0
Construction Type: 17
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 6
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 420
Parking Space Count: 2
Patio Type: 5
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 10,498

Lot Size Depth Feet: 140
Lot Size Frontage Feet: 750
Total Building Area: 4,436
Gross Building Area: 4,436
Building Area: 3,324
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 3,324
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ROYAL PARK ADD
Land Acres: 0000000241
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: ROYAL PARK ADD LT 41 & W 1/2 OF LT 42 BLK H

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003513

Zoning

Zoning: R-B

Geography

Assessors Map Reference: 148

Parcel: 50-43-43-23-05-028-0410
Block: H
Lot: 41,42
Meridian: SEC 23 TWN 43S RNG 43E
Municipality: PALM BEACH
Latitude: 26.7036
Longitude: -80.0357

Address

Full Address: 159 Australian Ave

Address - House Number: 159
Address - Street Name: Australian
Address - Suffix Type: Ave
State: FL
City Name: Palm Beach
Carrier Code: C066
4-Digit Zip Code: 4434
Zip Code: 33480

Valuation

Tax

Total Area: 3,584

Tax Year: 2022
Tax Amount: $10,108,535
Tax Rate Code Area: 50411

Appraisal Valuation

Standard Deviation: 0.2419

Valuation Date: Jan 03, 2024
Confidence Score: 66
Final Value: 8,293,708
High Value: 10,300,723
Low Value: 6,286,693

Market Valuation

Market Total Value: $7,972,454

Market Land Value: $4,708,385
Market Improvement Value: $3,264,069

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $5,464,624

Sales

Current Sale Contract Date: May 30, 2023

Current Sale Recording Date: Jun 01, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 185676
Previous Sale Recording Date: Jul 29, 2019
Previous Sale Contract Date: Jul 26, 2019
Previous Sale Amount: $5,900,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Casa Del Lago

Stats & Trends

Median Asking:

$3,950,000

Sale Price/ft²

$2,447

Below Asking

0.02%

Average Days on Market

116

Average Home Size

2412 ft²

Average Home Age

63 years

Currently For Sale

38 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 184 Sunset Avenue, Palm Beach, FL, 33480

$5,950 /mo

1 Bed
1 Bath
600 ft²

184 Sunset Avenue #303, Palm Beach, FL, 33480 Listing by Nicholas Sliva

Unit for rent at 724 Park Place, West Palm Beach, FL, 33401

$8,250 /mo

4 Beds
3 Baths
3,258 ft²

724 Park Place, West Palm Beach, FL, 33401 Listing by Marisa L DiLenge

Unit for rent at 250 Bradley Place, Palm Beach, FL, 33480

$8,800 /mo

1 Bed
1 Bath
871 ft²

250 Bradley Place #202, Palm Beach, FL, 33480 Listing by Maryann Chopp

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Elizabeth DeWoody
Compass Florida LLC
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R10866283

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.