NOT LISTED FOR SALE

422 Australian Ave Palm Beach, FL 33480

Palm Beach Area

Estimated Value: $9,323,083

4 Beds
5.5 Baths
3,765 Sq Ft
$2,476/Sq Ft Est. Value

Sale Details

Date Sold: March 2, 2026

Last sale price $13,500,000 $3,586 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $55,833 / mo

327 Days on Market

Highlights

  • Cabana
  • Sitting Area In Primary Bedroom
  • Outdoor Living Area
  • New Construction
  • Cathedral Ceiling
  • Mediterranean Architecture

About This Home

As of March 2026

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. "No payments made until title passes" 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.

Last Agent to Sell the Property

Margit Brandt

Premier Estate Properties Inc. License #3430177 Listed on: 01/29/2025

Last Buyer's Agent

William Seltzer

Douglas Elliman License #3520514

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,816

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 6,250 Sq Ft Lot
  • North Facing Home
  • Sprinkler System
  • Property is zoned R-C(ci

Parking

  • 1 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 3,765 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features

Pool

  • Cabana
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area
  • Exterior Lighting

Schools

  • Palm Beach Public Elementary School
  • Forest Hill High School

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050050410

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,816

Year Built

Built in 2025 | New Construction

Lot Details

6,250 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2025
  • Architectural Style: Mediterranean
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Dining Combo, Pantry, Sitting Area in Primary, Storage, Soaking Tub, Separate Shower, Upper Level Primary, Vaulted Ceiling(s), Bar
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 3765.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Lighting, Outdoor Living Area, Outdoor Shower
  • Lot Features: Sprinkler System, < 1/4 Acre
  • Pool Features: Heated, In Ground, Outside Bath Access
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Other Structures: Cabana
  • Patio And Porch Features: Covered, Patio, Balcony
  • Property Condition: New Construction
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No Pet Restrictions, Yes

Schools

  • Elementary School: Palm Beach Public
  • High School: Forest Hill

Lot Info

  • Parcel #: 50434323050050410
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.4
  • Mobile Dim Units: Feet
  • Zoning: R-C(ci

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 68816.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Mar 2, 2026
Sold by
Bought by
Seller's Agent
Margit Brandt
Premier Estate Properties Inc.
Buyer's Agent
William Seltzer
Douglas Elliman
List Price
$14,895,000
Sold Price
$13,500,000
Premium/Discount to List
-$1,395,000
-9.37%
Views
72
Current Estimated Value
$9,323,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,176,917
Avg. Annual Appreciation
-61.30%

Purchase Details

Listed on
Jul 5, 2022
Closed on
Sep 22, 2022
Sold by
Bought by
Buyer's Agent
Denise Segraves
Sotheby's Intl. Realty, Inc.
List Price
$6,995,000
Sold Price
$5,600,000
Premium/Discount to List
-$1,395,000
-19.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.15%

Purchase Details

Listed on
Aug 9, 2012
Closed on
Apr 25, 2013
Sold by
Bought by
Seller's Agent
Crista Ryan
Tina Fanjul Associates, Inc.
Buyer's Agent
Robert Goodnough
Sotheby's Intl. Realty, Inc.
List Price
$2,050,000
Sold Price
$1,800,000
Premium/Discount to List
-$250,000
-12.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%

Purchase Details

Closed on
Nov 15, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 1997
Sold by
Bought by

Purchase Details

Closed on
May 24, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 1995
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$13,500,000 None Listed On Document
$5,600,000 --
$1,800,000 Attorney
$1,437,500 --
$520,000 --
-- --
$500,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2026 03/02/26 Sold $13,500,000 -3.6% $3,586 / Sq Ft
12/22/2025 12/22/25 Pending -- -- --
04/24/2025 04/24/25 Price Changed $13,999,000 -6.0% $3,718 / Sq Ft
01/29/2025 01/29/25 For Sale $14,895,000 +166.0% $3,956 / Sq Ft
09/22/2022 09/22/22 Sold $5,600,000 -19.9% $3,160 / Sq Ft View Prior Sale
08/23/2022 08/23/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $6,995,000 +288.6% $3,948 / Sq Ft
04/25/2013 04/25/13 Sold $1,800,000 -12.2% $1,016 / Sq Ft View Prior Sale
03/26/2013 03/26/13 Pending -- -- --
08/09/2012 08/09/12 For Sale $2,050,000 -- $1,157 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $60,411 $4,468,750
2024 $60,411 $4,062,500
2023 $56,110 $3,737,500 $3,737,500 $0
2022 $35,106 $1,787,064 $0 $0
2021 $29,693 $2,083,665 $2,062,500 $21,165
2020 $24,607 $1,487,486 $1,470,000 $17,486
2019 $22,791 $1,342,648 $1,330,000 $12,648
2018 $23,475 $1,429,682 $1,413,629 $16,053
2017 $21,829 $1,300,182 $1,285,117 $15,065
2016 $21,354 $1,210,008 $0 $0
2015 $19,877 $1,100,007 $0 $0
2014 $18,326 $1,000,286 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11056916

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-23-05-005-0410

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