NOT LISTED FOR SALE

234 Australian Ave Palm Beach, FL 33480

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

2 Beds
2 Baths
1,550 Sq Ft
6,273 Sq Ft Lot

Last Sold February 27, 2015

Last sale price $1,685,000 $1,087 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $34,844/month

Highlights

  • Marble Flooring
  • High Ceiling
  • Built-In Features
  • Palm Beach Public School Rated A-
  • Fireplace
  • Walk-In Closet

About This Home

As of June 2024

Lives like a single family Home in the center of Palm Beach conveniently located to the numerous eating establishments and shops on Worth Avenue, beach, bike trail, the town docks and more. Completely remodeled with marble floors, high ceilings, Impact windows, and more.Enjoy the oversized patio for alfresco dining.

Last Agent to Rent the Property

Michelle Newman

The Corcoran Group License #3260908 Listed on: 01/04/2024

The Corcoran Group

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $52,842

Year Built

  • Built in 1927

Lot Details

  • 6,273

Interior Spaces

  • 1,550 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Royal Park Add To P B Subdivision

Listing and Financial Details

  • Property Available on 1/4/24
  • Assessor Parcel Number 50434327700010000

Condo Details

Home Type

Condominium

Est. Annual Taxes

$52,842

Year Built

Built in 1927

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2024-01-04

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Australian is a one way heading east. 234 Australian is on the south side of street just west of South County Road.
  • Year Built: 1927
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Entrance Foyer, Fireplace, High Ceilings, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Marble
  • Living Area: 1550.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other

Lot Info

  • Parcel #: 50434327700010000
  • Land Lease Amount Frequency: Monthly
  • Lot Size: < 1/4 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2014
Closed on
Feb 26, 2015
Sold by
Panobianco Giuseppe
Bought by
Oksjn Investments Llc
Seller's Agent
Doreen Danton
The Corcoran Group
Buyer's Agent
Ashley McIntosh
Douglas Elliman
List Price
$1,975,000
Sold Price
$1,685,000
Premium/Discount to List
-$290,000
-14.68%
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
$3,901,707
Avg. Annual Appreciation
11.15%

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
06/01/2024 06/01/24 Rented $10,500 -4.5% --
01/25/2024 01/25/24 Price Changed $11,000 -4.3% $7 / Sq Ft
01/04/2024 01/04/24 For Rent $11,500 +35.3% --
11/18/2020 11/18/20 Rented $8,500 0.0% --
10/19/2020 10/19/20 Under Contract -- -- --
07/21/2020 07/21/20 For Rent $8,500 +6.3% --
06/10/2019 06/10/19 Rented $8,000 0.0% --
05/11/2019 05/11/19 Under Contract -- -- --
09/15/2018 09/15/18 For Rent $8,000 -82.7% --
12/06/2016 12/06/16 Rented $46,200 0.0% --
11/06/2016 11/06/16 Under Contract -- -- --
03/17/2016 03/17/16 For Rent $46,200 0.0% --
02/27/2015 02/27/15 Sold $1,685,000 -14.7% $405 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
08/21/2014 08/21/14 For Sale $1,975,000 -- $475 / Sq Ft
Source: BeachesMLS

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

  • M

    Landlord's Agent in 2024

    Michelle Newman

    The Corcoran Group

    (561) 366-1121

    16 Total Sales

    Michelle Newman
    Section Image

  • S

    Seller's Agent in 2020

    SHELLY NEWMAN

    The Corcoran Group

    (612) 860-4599

    16 Total Sales

    SHELLY NEWMAN
    Section Image

  • A

    Seller's Agent in 2016

    Ashley McIntosh

    Douglas Elliman

    (561) 653-6160

    61 Total Sales

    Ashley McIntosh
    Section Image

  • C

    Buyer's Agent in 2016

    CAROLYN WHITTEY

    The Corcoran Group

  • D

    Seller's Agent in 2015

    Doreen Danton

    The Corcoran Group

    (561) 310-1660

    45 Total Sales

    Doreen Danton
    Section Image

  • R

    Seller Co-Listing Agent in 2015

    Richard Danton

    The Corcoran Group

    (561) 309-8726

    Richard Danton
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10947030

BeachesMLS

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

Florida Palm Beach County Palm Beach 33480

234 Australian Ave, Palm Beach, FL

This home is located at 234 Australian Ave, Palm Beach, FL 33480 since 04 January 2024 and is currently priced at $5,586,707. This property was built in 1927. 234 Australian Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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