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Sold for $13,500,000
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  • $13,500,000

    422 Australian Ave, Palm Beach, FL 33480

    4beds
    3,765sqft
    Single Family Residence, Residential
    Built in 2025
    6,098 Square Feet Lot
    $13,705,200 Zestimate®
    $3,586/sqft
    $57,828 Estimated rent

    Home value

    $13,705,200

    $12.33M - $15.21M

    $57,828/mo

    Zestimate® history
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    What's special

    High ceilingsOutdoor loggiaHis and her bathsWet barSurplus of natural lightFrench limestone floorsHis and her closets
    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. 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    MARGIT M BRANDT 561-665-7879,

    Premier Estate Properties, Inc.

    Bought with:

    NON MEMBER

    NON MEMBER FIRM

    Source: Palm Beach BOR,MLS#: 25-175

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Living room
    • Level: Main
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Freezer, Gas Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Wine Refrigerator
    Features
    • Elevator, Storage, Pantry
    • Flooring: Hardwood, Stone, Brick
    • Windows: Impact Glass-Full
    • Has fireplace: Yes
    • Fireplace features: Fireplace
    Interior area
    • Total structure area: 3,905
    • Total interior livable area: 3,765 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 1
    Features
    • Levels: Two
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: Gas Heat
    • Fencing: Back Yard
    • Waterfront features: None
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 50
    Details
    • Parcel number: 50434323050050410
    • Zoning: R-C - Medium Density Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence, Residential
    Materials
    • Block, Stucco
    • Roof: Barrel
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: Royal Park
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $3,586/sqft
    • Tax assessed value: $4,843,750
    • Annual tax amount: $68,816
    • Date on market: 1/29/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/2/2026Sold$13,500,000-3.6%$3,586/sqft
    Source: Palm Beach BOR #25-175 Report a problem
    12/22/2025Pending sale$13,999,000$3,718/sqft
    Source: Palm Beach BOR #25-175 Report a problem
    4/24/2025Price change$13,999,000-6%$3,718/sqft
    Source: BeachesMLS #RX-11056916 Report a problem
    1/29/2025Listed for sale$14,895,000-9.1%$3,956/sqft
    Source: Palm Beach BOR #25-175 Report a problem
    1/8/2025Listing removed$16,385,000$4,352/sqft
    Source: Palm Beach BOR #23-617 Report a problem
    4/3/2023Listed for sale$16,385,000+192.6%$4,352/sqft
    Source: BeachesMLS #RX-10878747 Report a problem
    9/22/2022Sold$5,600,000-6.6%$1,487/sqft
    Source: Palm Beach BOR #22-1023 Report a problem
    8/26/2022Pending sale$5,995,000$1,592/sqft
    Source: BeachesMLS #RX-10814007 Report a problem
    8/10/2022Price change$5,995,000-14.3%$1,592/sqft
    Source: Palm Beach BOR #22-1023 Report a problem
    7/5/2022Listed for sale$6,995,000+288.6%$1,858/sqft
    Source: BeachesMLS #RX-10814007 Report a problem
    5/7/2013Sold$1,800,000-9.8%$478/sqft
    Source: Public Record Report a problem
    1/12/2013Listed for rent$12,000-20%$3/sqft
    Source: Tina Fanjul Associates, Inc. #R3299672 Report a problem
    10/10/2012Price change$1,995,000+13200%$530/sqft
    Source: Tina Fanjul Associates, Inc. #R3302014 Report a problem
    8/11/2012Listed for sale$15,000-99%$4/sqft
    Source: Tina Fanjul Associates, Inc. #R3302014 Report a problem
    8/11/2012Listing removed$15,000$4/sqft
    Source: Tina Fanjul Associates, Inc. #R3299672 Report a problem
    8/2/2012Listed for rent$15,000$4/sqft
    Source: Tina Fanjul Associates, Inc. #R3299672 Report a problem
    11/17/2004Sold$1,437,500+176.4%$382/sqft
    Source: Public Record Report a problem
    8/14/1997Sold$520,000+4%$138/sqft
    Source: Public Record Report a problem
    4/25/1995Sold$500,000$133/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$68,816 +13.9%$4,468,750 +10%
    2024$60,411 +7.7%$4,062,500 +8.7%
    2023$56,109 +59.8%$3,737,500 +109.1%
    2022$35,105 +18.2%$1,787,064 +10%
    2021$29,693 +20.7%$1,624,604 +10%
    2020$24,607 +8.4%$1,476,913 +10%
    2019$22,701 $1,342,648 -6.1%
    2018$22,701 -3.3%$1,429,682 +10%
    2017$23,475 +7.5%$1,300,182 +7.5%
    2016$21,829 +2.2%$1,210,008 +10%
    2015$21,354 +7.4%$1,100,007 +10%
    2014$19,877 +3.4%$1,000,286 -5.2%
    2013$19,222 -9.5%$1,055,534 -8.1%
    2012$21,231 -15.7%$1,148,489 -13.8%
    2011$25,185 -1.1%$1,332,698 -0.1%
    2010$25,456 -10%$1,334,117 -13.2%
    2009$28,280 +3%$1,537,735 -4.5%
    2008$27,444 +16.4%$1,609,586 +15.6%
    2007$23,572 -8.9%$1,392,942 -0.4%
    2006$25,863 $1,398,461 +29.6%
    2005-- $1,079,281 +23.6%
    2004$9,515 +9049.5%$873,051 -1.8%
    2003$104 -99.4%$888,763 -0.3%
    2002$18,051 +11.8%$891,572 +13.4%
    2001$16,142 +36.8%$786,020 +38.6%
    2000$11,804 +18%$567,270 +17.5%
    1999$10,007 $482,978
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $13,705,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $13,705,200