$5,375,000
SOLD JAN 29, 2018

449 Australian Ave Palm Beach, FL 33480

4 Beds
5 Baths
4,246 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$1,266 Per Sq Ft

302 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Bermuda Architecture
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Lanai

About This Home

As of March 2024

DOWNTOWN PALM BEACH! Brand New! Island style 4 bedroom retreat! Quality greets you at the door with beautiful custom mill work & cabinetry, elegant hardwoods and marbles & the finest fittings and features. Huge master suite with dual baths + 2 en-suite guest rooms upstairs plus an en-suite guest room/office/library on the 1st floor. Fabulous high-end kitchen open to the dining & family room with gas fireplace, butler pantry w/wine fridge & built-in espresso machine, custom elevator, laundry & mud room & powder room. Entertain al fresco under the trellised loggia w/summer kitchen, lovely private 15 x 30 pool with fountain wall. Generator on site & 1-car garage. Enjoy the convenience of Worth Avenue, dining, shopping, the docks and beaches in the best location. Easy to show! – from wine chiller to upgraded appliances in the chefs kitchen. Dramatic large pool with fountain gives the rear yard a private ambiance – achieved due to the extra deep lot of 140 feet. Detached – but stress free living, enjoy the Palm Beach lifestyle without any of the hassle or upkeep. Just finished – show to those seeking the very best quality and attention to every detail!

Last Agent to Sell the Property

Bill Yahn

The Corcoran Group License #3158295 Listed on: 02/08/2017

The Corcoran Group

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,727

Year Built

  • Built in 2017

Lot Details

  • 6,970 Sq Ft Lot
  • Waterfront
  • South Facing Home
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned SF7

Parking

  • 1 Car Attached Garage

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,246 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Ceiling Fan
  • Fireplace
  • Double Hung Windows
  • Casement Windows
  • Dining Room
  • Utility Room
  • Impact Glass

Kitchen

  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050040090

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,727

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 50
  • Subdivision Name: Royal Park
  • Architectural Style: Bermuda, Two Story
  • Garage Yn: Yes
  • Year Built: 2017
  • Location Tax Legal:Zoned: SF7
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 33726.8
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • General Property Description:Lot Dim (1): 50
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • General Property Description:Lot SqFt: 6970
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Windows:Impact Glass: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Windows:Casement: Yes
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Range-Gas, Oven-Single, Microwave
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Pantry
  • Window Features: Casement, Double Hung, Impact Glass, Impact Glass-Full
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool, Fresh Water
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking Features: 1 Car, Attached, Air Conditioned
  • Garage:_one_ Car: Yes
  • Garage: Yes
  • Garage:Air Conditioned: Yes

Utilities

  • Security: Other Security
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 6970.0
  • Parcel #: 50434323050040090
  • Zoning: SF7
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 33726.8
  • Tax Year: 2016

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.25%
Original Mortgage
$8,000,000
Outstanding Balance
$7,714,902
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$3,184,987

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
-9.17%

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 Type Sale Price Title Company
Warranty Deed $15,900,000 None Listed On Document
Warranty Deed -- --
Warranty Deed $14,900,000 Jones Foster Pa
Warranty Deed $5,809,450 Attorney
Warranty Deed $5,375,000 Attorney
Warranty Deed $1,532,855 Attorney
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,000,000 New Conventional
Previous Owner $4,800,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 For Sale $16,950,000 +6.6% $4,712 / Sq Ft
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: 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 $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

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-362

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