NOT LISTED FOR SALE

234 Australian Ave Unit 2 Palm Beach, FL 33480

Estimated Value: $3,968,120 - $6,530,000

2 Beds
2 Baths
1,219 Sq Ft
$4,583/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Mediterranean Architecture
  • Eat-In Kitchen
  • Palm Beach Public School Rated A-
  • Balcony
  • Central Heating and Cooling System

About This Home

As of December 2022

LOCATION! A bright spacious condo located in the center of town. Conveniently located among the
top rated restaurants, and shops on Worth Avenue, beach, bike trail, marina, The Four Arts and more. The
residence has been renovated with hard wood and tile floors, and large closets. Also the residence provides a
laundry area, extra storage, large eat-in kitchen and a covered balcony overlooking the rooftops of Palm Beach.

Last Agent to Rent the Property

SHELLY NEWMAN

The Corcoran Group License #SL 3260908 Listed on: 08/26/2022

The Corcoran Group

Last Renter's Agent

SHELLY NEWMAN

THE FITE GROUP-Luxury Homes PB

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $52,842

Year Built

  • Built in 1927

Lot Details

  • 6,273

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,219 Sq Ft Home
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • No Utilities
  • Cable TV Available

Additional Features

  • Balcony
  • Home has North and South Exposure

Listing and Financial Details

  • Security Deposit $24,000
  • 12 Month Lease Term
  • Assessor Parcel Number 50434327700010000

Community Details

Overview

  • Front Yard Maintenance
  • 2 Units
  • Casa Alegra Subdivision
  • On-Site Maintenance

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$52,842

Year Built

Built in 1927

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Condo/Coop
  • Prop. Type: Residential Lease
  • Subdivision Name: Casa Alegra
  • Directions: Go right on Brazilian off of South County and take a left on Hibiscus , then take a left on Australian to go east. Condo building will be on your right.
  • Architectural Style: Mediterranean
  • Building Name: N/A
  • Year Built: 1927
  • Location Tax Legal:Name of Building: N/A
  • General Property Description:Living Area: 1219.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:_pound_ Units in Complex: 2
  • Exposure of Unit:South2: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Contract Information:Deposit Amount: 24000.0
  • Laundry:Laundry in Unit2: Yes
  • Pets:Pets Allowed: Yes
  • Utilities Included:None Included: Yes
  • Lease Type:Annual: Yes
  • Style:Mediterranean: Yes
  • Services Included:Yard Services: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Oven-Single, Washer, Dryer
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Wndw Trmnts Included
  • Living Area: 1219.0
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Balcony
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Parking:Other14: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: No Security
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Amenities: Yard Services

Lot Info

  • Parcel #: 50434327700010000

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2015
Closed on
Feb 26, 2015
Sold by
Panobianco Giuseppe
Bought by
Oksjn Investments Llc
Seller's Agent
Ashley McIntosh
Douglas Elliman
Buyer's Agent
Victoria Brewer
Serhant
Sold Price
$3,500
Current Estimated Value
$5,586,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,583,207

Purchase Details

Closed on
Jul 15, 2005
Sold by
Lopez Jean Marc
Bought by
Panobianco Gluseppe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 26, 2005
Sold by
Ocean Blue One Inc
Bought by
Lopez Jean Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 30, 2004
Sold by
Elliott April Elizabeth and Neves Eleuterio A
Bought by
Ocean Blue One Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2003
Sold by
Elliott April Elizabeth
Bought by
Neves Eleuterio and Neves Lidia

Purchase Details

Closed on
May 21, 2002
Sold by
Neves Eleuterio and Neves Lidia
Bought by
Elliott April Elizabeth
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oksjn Investments Llc $1,685,000 First American Title Ins Co
Panobianco Gluseppe $2,250,000 --
Lopez Jean Marc $1,250,000 --
Ocean Blue One Inc $1,250,000 --
Neves Eleuterio -- --
Elliott April Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panobianco Gluseppe $800,000
Previous Owner Ocean Blue One Inc $1,000,000
Closed Panobianco Gluseppe $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Rented $6,500 -18.8% --
12/05/2022 12/05/22 Under Contract -- -- --
08/26/2022 08/26/22 For Rent $8,000 +68.4% --
09/09/2020 09/09/20 Rented $4,750 0.0% --
08/10/2020 08/10/20 Under Contract -- -- --
10/16/2019 10/16/19 For Rent $4,750 +35.7% --
03/31/2015 03/31/15 For Rent $3,500 0.0% --
03/31/2015 03/31/15 Rented $3,500 +32.1% --
11/26/2013 11/26/13 For Rent $2,650 +20.5% --
11/26/2013 11/26/13 Rented $2,200 0.0% --
06/24/2013 06/24/13 Rented $2,200 0.0% --
05/25/2013 05/25/13 Under Contract -- -- --
02/07/2013 02/07/13 For Rent $2,200 -- --
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

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 $52,842 $2,744,677 -- --
2023 $51,857 $2,495,161 $0 $0
2022 $44,168 $2,268,328 $0 $0
2021 $38,382 $2,549,602 $2,062,500 $487,102
2020 $32,479 $1,874,651 $1,470,000 $404,651
2019 $30,793 $1,734,651 $1,330,000 $404,651
2018 $29,949 $1,788,674 $1,413,629 $375,045
2017 $27,453 $1,553,603 $1,285,117 $268,486
2016 $25,478 $1,432,320 $0 $0
2015 $23,568 $1,273,382 $0 $0
2014 $21,917 $1,164,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2022

    SHELLY NEWMAN

    The Corcoran Group

    (612) 860-4599

    16 Total Sales

    SHELLY NEWMAN
    Section Image

  • A

    Seller's Agent in 2020

    Ashley McIntosh

    Douglas Elliman

    (561) 653-6160

    61 Total Sales

    Ashley McIntosh
    Section Image
  • Chris Leavitt

    Seller Co-Listing Agent in 2020

    Chris Leavitt

    Douglas Elliman

    (616) 414-2810

    216 Total Sales

    Chris Leavitt
    Section Image

  • A

    Buyer's Agent in 2020

    ASHLEY DEFLIN-MCINTOSH

    The Corcoran Group

  • V

    Buyer's Agent in 2015

    Victoria Brewer

    Serhant

    (561) 339-5929

    31 Total Sales

    Victoria Brewer
    Section Image

  • D

    Seller's Agent in 2013

    Doreen Danton

    The Corcoran Group

    (561) 310-1660

    45 Total Sales

    Doreen Danton
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1261

APN: 50-43-43-27-70-001-0000

Florida Palm Beach County Palm Beach 33480

234 Australian Ave Unit 2, Palm Beach, FL

This home is located at 234 Australian Ave Unit 2, Palm Beach, FL 33480 since 26 August 2022 and is currently priced at $5,586,707. This property was built in 1927. 234 Australian Ave Unit 2 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

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