by Global Lifestyle Properties

See Home Value
$13,500,000
● House - Off Market

422 Australian Avenue

Palm Beach, FL 33480
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,765 Ft²
$74,473
Est. Monthly
-0.11%
Cap Rate

About This Property

Welcome to 422 Australian Avenue, a newly constructed state-of-the-art Modern Mediterranean home with quintessential island finishes, situated ideally in the heart of Palm Beach. This 4 bedroom, 5 and a half bathroom turn-key residence is move-in ready and boasts classic tropical details including Cypress trim and Dominican Coral hardscape, French limestone floors throughout the first floor, hard-wood on the second floor, and an immaculately well thought out floor plan.  The property features an elevator, high ceilings, outdoor loggia and shower, and a surplus of natural light throughout. The Primary suite includes his and her Baths, his and her closets, and a lovely wet bar. With its perfect midtown locale, 422 Australian Avenue is just 3 blocks from renowned shopping and dining on Worth Avenue, with the Palm Beach Marina and Park also a stone's throw away. With new construction just recently completed in 2025, this mid island property is expected to receive a Certificate of Occupancy shortly and will soon be ready for immediate enjoyment.

DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2026 by the listing company. All Rights Reserved.
Unit Size
3,765 Ft²
Days on Market
397 days
Land Size
0.14 acres
Price per sqft
$3,718
Property Type
House
Property Taxes
$5,735
HOA Dues
-
Year Built
1956

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Last updated: 3 months ago (Beaches MLS #R11056916)

Price History

Date / Event Date Event Price
Mar 2, 2026 Sold
Sold
Dec 24, 2025 In contract -
In contract
Apr 26, 2025 Price Decreased $13,999,000
↓ $896K (6%)
Price Decreased
Jan 29, 2025 Listed by Premier Estate Properties Inc. $14,895,000
Listed by Premier Estate Properties Inc.
Sep 29, 2022 Sold
Sold
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Property Highlights

Elevator
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Full Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 55
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,251
  • Lot Size Depth Feet: 120
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,796
  • Gross Building Area: 1,796
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ROYAL PARK ADD
  • Land Acres: 0000000144
  • Standard Land Use Code: 8000
  • County Land Use Code: 0100
  • Legal Description 1: ROYAL PARK ADD LTS 41 & 42 BLK 5

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 003513

Zoning

  • Zoning: R-C

Geography

  • Assessors Map Reference: 148
  • Parcel: 50-43-43-23-05-005-0410
  • Block: 5
  • Lot: 41,42
  • Meridian: SEC 23 TWN 43S RNG 43E
  • Municipality: PALM BEACH
  • Latitude: 26.7032
  • Longitude: -80.042

    Address

  • Full Address: 422 Australian Ave
  • Address - House Number: 422
  • Address - Street Name: Australian
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Palm Beach
  • Carrier Code: C066
  • 4-Digit Zip Code: 4527
  • Zip Code: 33480

Valuation

    Tax

  • Total Area: 1,779
  • Tax Year: 2023
  • Tax Amount: $5,610,961
  • Tax Rate Code Area: 50411

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 74
  • Final Value: 5,700,709
  • High Value: 6,804,237
  • Low Value: 4,597,181

    Market Valuation

  • Market Total Value: $3,737,500
  • Market Land Value: $3,737,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,737,500

    Sales

  • Current Sale Contract Date: Sep 22, 2022
  • Current Sale Recording Date: Sep 29, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 396579
  • Previous Sale Recording Date: May 07, 2013
  • Previous Sale Contract Date: Apr 25, 2013
  • Previous Sale Amount: $1,800,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Casa Del Lago


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Unit for rent at 150 Australian Avenue, Palm Beach, FL, 33480

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Unit for rent at 480 Hibiscus Street, West Palm Beach, FL, 33401

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480 Hibiscus Street #UNIT229, West Palm Beach, FL, 33401 Listing by Melissa Claire Golden


Frequently Asked Questions

When was property at 422 Australian Avenue built and last sold?
The property at 422 Australian Avenue was built in 1956 and last sold on Sep 22, 2022 for $5,600,000.
How much is this home worth?
The estimated value of the home located at 422 Australian Avenue is $13,993,820.
What are some comparable homes to 422 Australian Avenue?
There are currently no comparable homes to 422 Australian Avenue.