NOT LISTED FOR SALE

449 Australian Ave Palm Beach, FL 33480

Estimated Value: $8,968,000 - $15,993,558

4 Beds
5.5 Baths
3,597 Sq Ft
$3,220/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $15,900,000 $4,420 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $80,518/month

96 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Vaulted Ceiling
  • Palm Beach Public School Rated A-
  • Deck
  • Marble Flooring

About This Home

As of March 2024

Lovely Island Style residence built in 2017. Totally furnished ....down to the home essentials. Coveted in town location close to the newly renovated town docks, bike trail, the Four Arts, the new town recreation center, beach, and the many shopping and eating establishments on Worth ave. This 4BR/5.1BA is Light and bright offering an open floor plan with stunning coffered ceilings, and a gourmet chef's eat-in kitchen with top-of-the-line appliances and finishes. The large master suite includes a spacious sitting area, dual baths and dual walk-in closets. Additional highlights include wet bar, elevator, garage, and generator. No renovation or furniture necessary. All inclusive and ready for the new owner!

Last Agent to Sell the Property

Michelle Newman

The Corcoran Group License #3260908 Listed on: 11/28/2023

The Corcoran Group

Last Buyer's Agent

Michelle Newman

The Corcoran Group License #3260908 Listed on: 11/28/2023

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $159,907

Year Built

  • Built in 2017

Lot Details

  • 7,000 Sq Ft Lot
  • Property is zoned RC

Parking

  • 1 Car Attached Garage
  • Driveway

Interior Spaces

  • 3,597 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Plantation Shutters
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434323050040090

Community Details

Overview

  • Royal Park Subdivision

Recreation

  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$159,907

Year Built

Built in 2017

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take the first right as you enter Palm Beach over the Okeechobee Bridge. Take a left on Australian Avenue. Home is on the north side of the street.
  • Year Built: 2017
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, Living/Dining Room, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 3597.0
  • Dining Room Type: Family Room
  • Stories: 2
  • Window Features: Drapes, Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Deck, Outdoor Grill, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Fitness Center
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434323050040090
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 7000.0
  • Zoning Description: RC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 159907.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Mar 15, 2024
Sold by
449 Australian Llc
Bought by
Southern Mark Llc
Seller's Agent
Michelle Newman
The Corcoran Group
Buyer's Agent
Michelle Newman
The Corcoran Group
List Price
$16,950,000
Sold Price
$15,900,000
Premium/Discount to List
-$1,050,000
-6.19%
Views
177
Current Estimated Value
$11,800,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,099,858
Avg. Annual Appreciation
-22.22%
Original Mortgage
$8,000,000
Outstanding Balance
$7,784,410
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$3,455,916

Purchase Details

Listed on
Nov 22, 2022
Closed on
Dec 5, 2022
Sold by
Ziegler Helen M
Bought by
449 Australian Llc
Seller's Agent
SHELLY NEWMAN
The Corcoran Group
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Sold Price
$300,000
Views
8

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 14, 2022
Sold by
Bray Family Revocable Trust
Bought by
Ziegler Helen M
Seller's Agent
Allison Wren
The Corcoran Group
Buyer's Agent
Christine Gibbons
Sotheby's Intl. Realty, Inc.
List Price
$14,750,000
Sold Price
$14,900,000
Premium/Discount to List
$150,000
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.59%

Purchase Details

Listed on
Sep 19, 2019
Closed on
Mar 6, 2020
Sold by
Tauro Adrian
Bought by
Bray Bennie M and Bray Stephanie C
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
SUZANNE FRISBIE
MCCANN COYNER CLARKE
List Price
$5,809,450
Sold Price
$5,809,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.43%
Original Mortgage
$4,800,000
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 8, 2017
Closed on
Jan 26, 2018
Sold by
Cushing Investments Llc
Bought by
Tauro Adrian
Seller's Agent
Bill Yahn
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$5,375,000
Sold Price
$5,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Sep 1, 2015
Sold by
449 Australian Avenue Llc
Bought by
Cushing Investments Llc

Purchase Details

Closed on
Aug 15, 2007
Sold by
Myers Edwin R and Myers Richard P
Bought by
449 Australian Avenue Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Southern Mark Llc $15,900,000 None Listed On Document
449 Australian Llc -- --
Ziegler Helen M $14,900,000 Jones Foster Pa
Bray Bennie M $5,809,450 Attorney
Tauro Adrian $5,375,000 Attorney
Cushing Investments Llc $1,532,855 Attorney
449 Australian Avenue Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southern Mark Llc $8,000,000
Previous Owner Bray Bennie M $4,800,000
Previous Owner Cushing Investments Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $15,900,000 -5.1% $4,420 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/14/2024 02/14/24 Price Changed $16,750,000 -1.2% $4,657 / Sq Ft
11/28/2023 11/28/23 For Sale $16,950,000 0.0% $4,712 / Sq Ft
12/08/2022 12/08/22 Rented $300,000 +275.0% --
11/22/2022 11/22/22 For Rent $80,000 0.0% --
06/14/2022 06/14/22 Sold $14,900,000 +1.0% $4,142 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $14,750,000 +153.9% $4,101 / Sq Ft
03/06/2020 03/06/20 Sold $5,809,450 0.0% $1,615 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $5,809,450 +8.1% $1,615 / Sq Ft
01/29/2018 01/29/18 Sold $5,375,000 0.0% $1,266 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $5,375,000 -- $1,266 / 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 $184,175 $11,610,500 -- --
2023 $159,907 $10,555,000 $3,822,000 $6,733,000
2022 $98,072 $5,397,785 $0 $0
2021 $81,192 $4,907,077 $2,310,000 $2,597,077
2020 $75,999 $4,513,652 $2,100,000 $2,413,652
2019 $71,226 $4,136,402 $1,900,000 $2,236,402
2018 $56,613 $3,577,238 $2,149,078 $1,428,160
2017 $30,899 $1,953,707 $1,953,707 $0
2016 $33,727 $1,896,803 $0 $0
2015 $31,119 $1,652,720 $0 $0
2014 $28,822 $1,502,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michelle Newman

    The Corcoran Group

    (561) 366-1121

    16 Total Sales

    Section Image

  • S

    Seller's Agent in 2022

    SHELLY NEWMAN

    The Corcoran Group

    (612) 860-4599

    16 Total Sales

    Section Image

  • A

    Seller's Agent in 2022

    Allison Wren

    The Corcoran Group

    (561) 655-9081

    26 Total Sales

    Section Image

  • L

    Buyer's Agent in 2022

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

    (561) 655-5510

    119 Total Sales

    Section Image

  • C

    Buyer's Agent in 2022

    Christine Gibbons

    Sotheby's Intl. Realty, Inc.

    (561) 758-5402

    51 Total Sales

    Section Image
  • Christian Angle

    Seller's Agent in 2020

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    209 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10939092

BeachesMLS

APN: 50-43-43-23-05-004-0090

Florida Palm Beach County Palm Beach 33480

449 Australian Ave, Palm Beach, FL

This home is located at 449 Australian Ave, Palm Beach, FL 33480 since 28 November 2023 and is currently estimated at $11,583,853, approximately $3,220 per square foot. This property was built in 2017. 449 Australian Ave 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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