$3,125,000
SOLD MAR 14, 2025

429 Australian Ave Unit 3 Palm Beach, FL 33480

2 Beds
2 Baths
1,714 Sq Ft
$2,154/mo HOA Fee

Recently Sold

$1,823 Per Sq Ft

9% Below List Price

430 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Community Pool
  • Palm Beach Public School Rated A-
  • Garden View
  • Wrap Around Porch

About This Home

As of March 2025

Immerse 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

Last Agent to Sell the Property

Dana Koch

The Corcoran Group License #3027862 Listed on: 12/18/2023

The Corcoran Group

Last Buyer's Agent

Stephen Hall

Compass Florida LLC License #3094127

Compass Florida LLC

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

Home Design

  • Entry on the 1st floor

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$40,257

Year Built

Built in 1974

Lot Details

0

HOA Fees

$2,154 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95 exit Okeechobee Blvd Go East to Left S. Flagler Dr to Right onto the Royal Park Bridge, Then Right onto S Lake Dr, Left onto Australian Ave Building will be on the Left.
  • Year Built: 1974
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Family/Dining Room, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 1714.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 1

Exterior Features

  • Exterior Features: Porch, Patio
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio, Wrap Around
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2154.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Storage
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Pest Control, Pool(s), Sewer, Trash, Water

Lot Info

  • Parcel #: 50434327430000030
  • Zoning Description: R-C - ME

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 40257.0

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
List Price
$3,450,000
Sold Price
$3,125,000
Premium/Discount to List
-$325,000
-9.42%
Views
68
Current Estimated Value
$3,215,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,989
Avg. Annual Appreciation
5.56%
Original Mortgage
$1,550,000
Outstanding Balance
$1,541,645
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$1,674,344

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
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $3,125,000 None Listed On Document
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
Closed $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

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 $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

    223 Total Sales

    Dana Koch
    Section Image
  • Stephen Hall

    Buyer's Agent in 2025

    Stephen Hall

    Compass Florida LLC

    (561) 346-6068

    66 Total Sales

    Stephen Hall
    Section Image

  • T

    Seller's Agent in 2023

    Todd Peter

    Sotheby's International Realty, Inc.

    (561) 659-3555

    70 Total Sales

    Todd Peter
    Section Image

  • F

    Seller Co-Listing Agent in 2023

    FRANCES PETER

    Sotheby's International Realty, Inc.

    (561) 797-2427

    30 Total Sales

    FRANCES PETER
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10944044

BeachesMLS

APN: 50-43-43-27-43-000-0030

Florida Palm Beach County Palm Beach 33480

429 Australian Ave Unit 3, Palm Beach, FL

This home is located at 429 Australian Ave Unit 3, Palm Beach, FL 33480 and is currently priced at $3,125,000, approximately $1,823 per square foot. This property was built in 1974. 429 Australian Ave Unit 3 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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