Seller's Agent in 2025
Dana Koch
The Corcoran Group
(561) 379-7718
223 Total Sales
429 Australian Ave Unit 3 Palm Beach, FL 33480
2
Beds
2
Baths
1,714
Sq Ft
$1,970/mo
HOA Fee
Highlights
- Doorman
- Outdoor Pool
- Lanai
- Palm Beach Public School Rated A-
- Wood Flooring
- Hurricane or Storm Shutters
About This Home
As of March 2025Enjoy indoor/outdoor living at its best from this wonderful two-bedroom, two-bath garden apartment complete with an outdoor terrace and green space. The apartment offers 2,175 +/- total square feet and features floor-to-ceiling windows and doors, high ceilings, an eat-in kitchen with ample storage, stainless steel appliances, a gas range, a service entrance, and a washer and dryer. The master bedroom has doors leading to the terrace, a walk-in closet, ensuite bath with separate tub and shower, and a linen closet. The guest suite also has doors to terrace, a walk-in closet, and a full bath across the hall. The Australian building is ideally located in town only a few blocks from Worth Avenue, the beach, the Lake Trail, the town docks, and the best shopping and dining Palm Beach has to to offer. The Australian is a boutique building with only 12 units. Amenities include a pool, a full-time manager, doorman, a newly renovated guest suite, two storage areas, 2 off-street parking spots per unit, and a laundry room.
Last Agent to Sell the Property
Sotheby's International Realty, Inc. License #BK-3049697 Listed on: 02/01/2023
Property Details
Home Type
- Condo-Op
Est. Annual Taxes
- $14,314
Year Built
- Built in 1974
HOA Fees
- $1,970 Monthly HOA Fees
Interior Spaces
- 1,714 Sq Ft Home
- 3-Story Property
- Dining Area
- Storage
- Wood Flooring
- Hurricane or Storm Shutters
Kitchen
- Single Oven
- Gas Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in unit
- Washer
Parking
- 2 Parking Spaces
- Covered Parking
- Open Parking
Outdoor Features
- Outdoor Pool
- Patio
- Lanai
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- Non-Toxic Pest Control
- Southwest Facing Home
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 50434327430000030
Community Details
Overview
- Association fees include insurance, common area, maintenance exterior, trash, pest control, sewer, water
- 12 Units
- Australian Community
- On-Site Maintenance
Amenities
- Doorman
- Common Area
- Laundry Facilities
- Lobby
Pet Policy
- Pets Allowed
Security
- Resident Manager or Management On Site
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
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
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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 | $3,125,000 | 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: Palm Beach Board of REALTORS®
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
-
Stephen Hall
Buyer's Agent in 2025
Stephen Hall
Compass Florida LLC
(561) 346-6068
66 Total Sales
-
Todd Peter
T
Seller's Agent in 2023
Todd Peter
Sotheby's International Realty, Inc.
(561) 659-3555
70 Total Sales
-
FRANCES PETER
F
Seller Co-Listing Agent in 2023
FRANCES PETER
Sotheby's International Realty, Inc.
(561) 797-2427
30 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 23-207
APN: 50-43-43-27-43-000-0030
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