$2,795,000

227 Australian Ave Unit 4C Palm Beach, FL 33480

Estimated payment $19,974/month

Total Views 17,490
2 Beds
2 Baths
1,287 Sq Ft
$2,172 Price per Sq Ft

Highlights

  • Doorman
  • Outdoor Pool
  • Balcony
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Living Room

About This Home

Discover this elegantly reimagined 2-bedroom, 2-bathroom residence in the heart of Palm Beach. Thoughtfully updated with a brand-new kitchen and baths, the home also features a raised front hall ceiling, creating a grand and inviting entrance. Enjoy the convenience of an in-unit washer/dryer and a pet-friendly policy allowing for two small pets and covered parking. A 24-hour doorperson ensures security and service.

Bask in breathtaking panoramic views to the south, framed by lush palm trees and capturing the timeless beauty of Palm Beach. This exquisite apartment boasts an oversized terrace, perfect for multiple seating areas where you can savor stunning sunrises, sunsets, and the refreshing ocean breeze. Ideally situated just 1.5 blocks from South Ocean Boulevard and the Worth Avenue beach, you'll have easy access to miles of scenic shoreline. Worth Avenue, just three blocks away, offers world-class shopping and dining for every taste. The nearby Palm Beach Bike Trail stretches six miles north, perfect for leisurely rides along the Intracoastal.

An exceptional opportunity to embrace the best of in-town Palm Beach living!

Listing Agent

Dana Koch

The Corcoran Group License #3027862 Listed on: 03/31/2025

The Corcoran Group

Co-Listing Agent

Paulette Koch

The Corcoran Group License #3068398

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $28,279

Year Built

  • Built in 1985

HOA Fees

  • $2,799 Monthly HOA Fees

Interior Spaces

  • 1,287 Sq Ft Home
  • Living Room
  • Dining Area
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Parking Available
  • Covered Parking
  • Open Parking

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • South Facing Home

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434326170000043

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, water, taxes
  • 30 Units
  • Melbourne House Community
  • On-Site Maintenance
  • 5-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Pet Policy

  • Dogs and Cats Allowed
  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$28,279

Year Built

Built in 1985

Lot Details

0

HOA Fees

$2,799 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Royal Palm Way to Hibiscus Ave, East on Australian to Building on North Side of Street.
  • Building Name: Melbourne House
  • Year Built: 1985
  • Location Tax Legal:Name of Building: Melbourne House
  • Location Tax Legal:Zoned: R-C - Medium Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 28279.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 1287.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 8398.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 30
  • General Property Description:_pound_ Floors: 5.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Pets:Pet Type: Cat or Dog
  • Maintenance Includes:Cable TV: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Microwave, Washer, Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable, Storage, Smoke Alarms
  • Living Area: 1287.0
  • Stories: 5
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Elevator
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes

Garage/Parking

  • Parking:Open Parking: Yes
  • Parking:Covered Parking: Yes
  • Parking 1 Car2: Yes

Utilities

  • Laundry Features: Laundry in Building, Laundry in Unit
  • Security: Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Water, Taxes

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434326170000043
  • Zoning: R-C - Medium Density Residential

Rental Info

  • Pets Other: 2 pets

Multi Family

  • Number Of Units Total: 30
  • Maintenance Expense: 8398.0

Tax Info

  • Tax Annual Amount: 28279.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $28,279 $1,933,900 -- --
2023 $28,547 $1,933,900 $0 $1,933,900
2022 $17,697 $1,135,650 $0 $0
2021 $14,536 $890,000 $0 $890,000
2020 $13,145 $775,000 $0 $775,000
2019 $13,420 $775,000 $0 $775,000
2018 $12,183 $725,000 $0 $725,000
2017 $12,438 $725,000 $0 $0
2016 $11,965 $690,000 $0 $0
2015 $12,458 $690,000 $0 $0
2014 -- $522,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2025 09/15/25 Price Changed $2,795,000 -3.5% $2,172 / Sq Ft
03/31/2025 03/31/25 For Sale $2,895,000 -- $2,249 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $1,100,000 Attorney
Warranty Deed $1,100,000 Attorney
Deed $854,001 Attorney
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $602,500 --
Warranty Deed $195,000 --
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 25-588

APN: 50-43-43-26-17-000-0043