227 Australian Ave Palm Beach, FL 33480
Estimated payment $20,246/month
Total Views
6,257
2
Beds
2
Baths
1,287
Sq Ft
$2,214
Price per Sq Ft
Highlights
- Outdoor Pool
- Wood Flooring
- Resident Manager or Management On Site
- Palm Beach Public School Rated A-
- Balcony
- Central Heating and Cooling System
About This Home
The Melbourne House is considered to be one of Palm Beach's most sought after boutique buildings. This beautifully renovated apartment is located 3 blocks from Worth Ave. The views are south facing which fills the apartment with light throughout the day. There is a 24 hr doorman, covered off street parking, heated pool and many other amenities. The split floor plan is ideal for guests or family as the living room separates the 2 bedrooms with en suite bathrooms. There are only 25 units in this small pet friendly building which has additional off street parking for your guests. This is an end unit which has a window in the kitchen and a wrap around balcony.
Listing Agent
Brown Harris Stevens of Palm Beach 5225 License #SL-538250 Listed on: 01/29/2025
Property Details
Home Type
- Condo-Op
Est. Annual Taxes
- $17,707
Year Built
- Built in 1985
HOA Fees
- $2,893 Monthly HOA Fees
Parking
- Covered Parking
Interior Spaces
- 1,287 Sq Ft Home
- Dining Area
- Wood Flooring
- Fire and Smoke Detector
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Outdoor Pool
- Balcony
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 50434326170000035
Community Details
Overview
- 25 Units
- Melbourne House Community
- 5-Story Property
Additional Features
- Laundry Facilities
- Resident Manager or Management On Site
Map
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Home Values in the Area
Average Home Value in this Area
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 | $17,707 | $1,204,812 | -- | -- |
| 2023 | $17,319 | $1,169,720 | $0 | $0 |
| 2022 | $17,330 | $1,135,650 | $0 | $0 |
| 2021 | $14,457 | $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 | $12,166 | $725,000 | $0 | $0 |
| 2016 | $11,398 | $634,040 | $0 | $0 |
| 2015 | $11,277 | $576,400 | $0 | $0 |
| 2014 | $9,608 | $524,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/27/2025 01/27/25 | For Sale | $2,850,000 | 0.0% | $2,214 / Sq Ft |
| 12/17/2019 12/17/19 | Rented | $4,650 | +3.3% | -- |
| 11/17/2019 11/17/19 | Under Contract | -- | -- | -- |
| 07/18/2019 07/18/19 | For Rent | $4,500 | +9.8% | -- |
| 06/02/2016 06/02/16 | Rented | $4,100 | -8.9% | -- |
| 05/03/2016 05/03/16 | Under Contract | -- | -- | -- |
| 04/07/2016 04/07/16 | For Rent | $4,500 | -- | -- |
Source: Palm Beach Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $950,000 | Attorney | |
| Warranty Deed | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $230,000 | Unknown | |
| Previous Owner | $100,000 | New Conventional |
Source: Public Records
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Source: Palm Beach Board of REALTORS®
MLS Number: 25-176
APN: 50-43-43-26-17-000-0035
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