NOT LISTED FOR SALE

429 Australian Ave Unit 80 Palm Beach, FL 33480

Estimated Value: $3,590,000 - $3,894,000

3 Beds
3 Baths
1,914 Sq Ft
$1,958/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $3,400,000 $1,776 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $25,533/month

14 Days on Market

Highlights

  • Doorman
  • Outdoor Pool
  • Eat-In Kitchen
  • Palm Beach Public School Rated A-
  • Balcony
  • High Impact Windows

About This Home

As of December 2022

Wonderful spacious three-bedroom, three-bath condominium in the prestigious Australian Building. Located in town a few blocks from Worth Avenue, the apartment offers high ceilings, large walk-in closets, hurricane impact doors and windows, a balcony accessible from all bedrooms and main living areas.
Building amenities include; doorman, full-time property manager, pool, two off-street parking spots (one covered), guest suite, laundry room, and two storage rooms. Boutique building with only 12 units. Newly decorated reception area, hallways, and guest suite.

Last Agent to Sell the Property

Todd Peter

Sotheby's International Realty, Inc. License #BK-3049697 Listed on: 11/21/2022

Sotheby's International Realty, Inc.

Co-Listed By

FRANCES PETER

Sotheby's International Realty, Inc. License #3145843

Last Buyer's Agent

Aubrey Khoury

Brown Harris Stevens of Palm Beach 6598 License #3497064

Brown Harris Stevens of Palm Beach 6598

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $15,664

Year Built

  • Built in 1974

Lot Details

  • 0.8

HOA Fees

  • $2,260 Monthly HOA Fees

Interior Spaces

  • 1,914 Sq Ft Home
  • 3-Story Property
  • Dining Area
  • Storage
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Security

  • High Impact Windows
  • High Impact Door

Parking

  • 1 Parking Space
  • Covered Parking
  • Open Parking

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434327430000080

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash
  • 12 Units
  • Australian Community
  • On-Site Maintenance

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Lobby
  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$15,664

Year Built

Built in 1974

Lot Details

0

HOA Fees

$2,260 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Royal Palm Way to S. Lake Drive, turn left onto Australian heading east
  • 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: 15664.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 6780.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 12
  • General Property Description:_pound_ Floors: 3.0
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: 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
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Oven-Single, Microwave, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Storage
  • Stories: 3
  • Interior Features:Storage: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Private: Yes
  • Waterfront: No
  • Exterior Features: Balcony, Impact Doors, Impact Windows, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • Parking:Open Parking: Yes
  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash

Lot Info

  • Parcel #: 50434327430000080
  • Zoning: 0407 Residential - Total Value - Condominium - Residential

Rental Info

  • Pets Other: board approval

Multi Family

  • Number Of Units Total: 12
  • Maintenance Expense: 6780.0

Tax Info

  • Tax Annual Amount: 15664.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Farry Nancy M
Bought by
Nancy M Farry Revocable Trust
Current Estimated Value
$3,748,036

Purchase Details

Listed on
Nov 21, 2022
Closed on
Dec 12, 2022
Sold by
Bullock Susanne B
Bought by
Farry Nancy M
Seller's Agent
Todd Peter
Sotheby's International Realty, Inc.
Buyer's Agent
Aubrey Khoury
Brown Harris Stevens of Palm Beach 6598
List Price
$3,495,000
Sold Price
$3,400,000
Premium/Discount to List
-$95,000
-2.72%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%

Purchase Details

Closed on
Sep 29, 2004
Sold by
Mason Frederick Lee and Mason Barbara D
Bought by
Bullock Charles S and Bullock Susanne B

Purchase Details

Closed on
Jul 23, 1997
Sold by
Northern Trust Bank Of Fl Pr & Tr and Charles H Warwick Pr & Tr
Bought by
Mason Frederick L and Mason Barbara D
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 Buyer Sale Price Title Company
Nancy M Farry Revocable Trust -- None Listed On Document
Nancy M Farry Revocable Trust -- None Listed On Document
Farry Nancy M $3,400,000 --
Bullock Charles S $820,000 Premier Title Company Ltd
Mason Frederick L $264,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2022 12/12/22 Sold $3,400,000 -2.7% $1,776 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $3,495,000 -- $1,826 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $41,519 $2,805,400 -- --
2023 $42,541 $2,805,400 $0 $2,805,400
2022 $15,664 $1,023,153 $0 $0
2021 $15,930 $993,352 $0 $0
2020 $15,956 $979,637 $0 $0
2019 $15,917 $957,612 $0 $0
2018 $15,117 $939,757 $0 $0
2017 $15,113 $920,428 $0 $0
2016 $14,920 $901,497 $0 $0
2015 $15,427 $895,230 $0 $0
2014 $15,498 $888,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1718

APN: 50-43-43-27-43-000-0080