$3,100,000
SOLD MAY 15, 2023

429 Australian Ave Unit 3 Palm Beach, FL 33480

2 Beds
2 Baths
1,714 Sq Ft
$1,970/mo HOA Fee

Recently Sold

$1,809 Per Sq Ft

9% Below List Price

23 Days on Market

Highlights

  • Doorman
  • Outdoor Pool
  • Lanai
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Hurricane or Storm Shutters

About This Home

As of March 2025

Enjoy 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

Todd Peter

Sotheby's International Realty, Inc. License #BK-3049697

Sotheby's International Realty, Inc.

Co-Listed By

FRANCES PETER

Sotheby's International Realty, Inc. License #3145843

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

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

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$14,314

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,970 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Australian
  • Year Built: 1974
  • Location Tax Legal:Name of Building: Australian
  • Location Tax Legal:Zoned: 0407 Residential - Total Value - Condominium - Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 14314.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 1714.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 5910.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 12
  • General Property Description:_pound_ Floors: 3.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Exposure of Unit:West2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Jenn-Aire, Washer, Range - Gas
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included
  • Living Area: 1714.0
  • Stories: 3
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Jenn-Aire: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Storm Shutters, Lobby
  • Exterior Features:Lobby: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • Parking:Open Parking: Yes
  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Building, Laundry in Unit
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434327430000030
  • Zoning: 0407 Residential - Total

Rental Info

  • Pets Other: Board Approval

Multi Family

  • Number Of Units Total: 12
  • Maintenance Expense: 5910.0

Tax Info

  • Tax Annual Amount: 14314.0
  • Tax Year: 2022

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

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

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

Deed 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

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Source: Palm Beach Board of REALTORS®

MLS Number: 23-207

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