429 Australian Ave Unit 3 Palm Beach, FL 33480
2
Beds
2
Baths
1,714
Sq Ft
$2,154/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Community Pool
- Palm Beach Public School Rated A-
- Garden View
- Wrap Around Porch
About This Home
As of March 2025Immerse yourself in the ultimate indoor/outdoor living experience in this two-bedroom, two-bathroom garden apartment, complete with private terrace and verdant surroundings. Spanning 2,175 square feet, the residence showcases floor-to-ceiling windows, high ceilings, and a well-appointed eat-in kitchen with ample storage, stainless steel appliances, gas range, & washer/dryer. The master bedroom, with terrace access, boasts a walk-in closet and an ensuite bath featuring a separate tub and shower. The 2nd bedroom opens to the terrace, offering a walk-in closet and a nearby full bath. Ideally situated in-town just blocks from Worth Avenue, the beach, the Lake Trail, and Palm Beach's premier shopping and dining. The Australian, a boutique building with only 12 units, provides exclusive
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $40,257
Year Built
- Built in 1974
HOA Fees
- $2,154 Monthly HOA Fees
Parking
- Assigned Parking
Interior Spaces
- 1,714 Sq Ft Home
- 1-Story Property
- Florida or Dining Combination
- Garden Views
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Stacked Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Patio
- Wrap Around Porch
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 50434327430000030
Community Details
Overview
- Association fees include management, common areas, insurance, pest control, pool(s), sewer, trash, water
- Australian Of Palm Beach Subdivision
Amenities
- Doorman
- Community Storage Space
Recreation
- Fitness Center
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 18, 2023
Closed on
Mar 14, 2025
Sold by
Gough James Ashley
Bought by
Abrahimzadeh Paul T and Abrahimzadeh Tassara
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Stephen Hall
Compass Florida LLC (PB)
List Price
$3,450,000
Sold Price
$3,125,000
Premium/Discount to List
-$325,000
-9.42%
Total Days on Market
430
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,587
Avg. Annual Appreciation
-0.20%
Original Mortgage
$1,550,000
Outstanding Balance
$1,548,345
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$1,575,068
Purchase Details
Listed on
Feb 1, 2023
Closed on
May 15, 2023
Sold by
Russell Colette L
Bought by
Gough James Ashley
Seller's Agent
Todd Peter
Sotheby's International Realty, Inc.
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$3,395,000
Sold Price
$3,100,000
Premium/Discount to List
-$295,000
-8.69%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.44%
Original Mortgage
$1,750,000
Interest Rate
5.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2005
Sold by
Russell Charles W and Russell Colette L
Bought by
Russell Colette L
Purchase Details
Closed on
Jun 18, 2001
Sold by
Marie Allyn I
Bought by
Russell Charles W and Russell Colette L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 1995
Sold by
Lilley William and Knight Bettina G
Bought by
Mcconnell Julia C
Similar Homes in Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,125,000 | None Listed On Document | |
| Warranty Deed | $3,100,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $675,000 | -- | |
| Personal Reps Deed | $285,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,550,000 | New Conventional | |
| Previous Owner | $1,750,000 | New Conventional | |
| Previous Owner | $540,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $3,125,000 | +4.3% | $1,823 / Sq Ft |
| 02/21/2025 02/21/25 | Pending | -- | -- | -- |
| 02/07/2025 02/07/25 | Price Changed | $2,995,000 | -10.6% | $1,747 / Sq Ft |
| 01/03/2025 01/03/25 | Price Changed | $3,350,000 | -2.9% | $1,954 / Sq Ft |
| 12/18/2023 12/18/23 | For Sale | $3,450,000 | +11.3% | $2,013 / Sq Ft |
| 05/15/2023 05/15/23 | Sold | $3,100,000 | -8.7% | $1,809 / Sq Ft |
| 02/24/2023 02/24/23 | Pending | -- | -- | -- |
| 02/01/2023 02/01/23 | For Sale | $3,395,000 | -- | $1,981 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $40,257 | $2,700,000 | -- | -- |
| 2023 | $36,133 | $2,400,000 | $0 | $2,400,000 |
| 2022 | $14,314 | $957,303 | $0 | $0 |
| 2021 | $14,537 | $929,420 | $0 | $0 |
| 2020 | $14,916 | $916,588 | $0 | $0 |
| 2019 | $14,878 | $895,980 | $0 | $0 |
| 2018 | $14,132 | $879,274 | $0 | $0 |
| 2017 | $14,126 | $861,189 | $0 | $0 |
| 2016 | $13,922 | $843,476 | $0 | $0 |
| 2015 | $14,395 | $837,613 | $0 | $0 |
| 2014 | $14,461 | $830,965 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dana Koch
Seller's Agent in 2025
Dana Koch
The Corcoran Group
(561) 379-7718
234 Total Sales
-
Stephen Hall
Buyer's Agent in 2025
Stephen Hall
Compass Florida LLC (PB)
(561) 346-6068
68 Total Sales
-
Todd Peter
T
Seller's Agent in 2023
Todd Peter
Sotheby's International Realty, Inc.
(561) 659-3555
71 Total Sales
-
FRANCES PETER
F
Seller Co-Listing Agent in 2023
FRANCES PETER
Sotheby's International Realty, Inc.
(561) 797-2427
33 Total Sales
Map
Source: BeachesMLS
MLS Number: R10944044
APN: 50-43-43-27-43-000-0030
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