318 Australian Ave Palm Beach, FL 33480
Estimated payment $65,324/month
Total Views
2,334
3
Beds
3
Baths
2,054
Sq Ft
$5,307
Price per Sq Ft
Highlights
- Guest House
- Waterfront
- Lanai
- Palm Beach Public School Rated A-
- Marble Flooring
- No HOA
About This Home
Rare Opportunity to Own a Piece of Palm Beach History. Step back in time when you enter this historic one-story Bungalow, originally built circa 1918. Landmarked by the current owner in November 2023, the home has been completely and lovingly renovated and preserved.
This charming Bungalow features impact resistant, Double Hung Andersen windows, a new asphalt shingle roof, copper gutters, Detroit brick walkways, white picket fences and a delightful water fountain feature in the rear yard. Interiors boast original pecky cypress ceilings with matching built-in hutch, a gas fireplace, and an exceptional Jim Dove Design gourmet kitchen, featuring a handsome La Cornue gas stove
and leaded glass in the cabinetry.
Amazingly, this lot features not one, but two standalone houses! The main house has two bedrooms and two marble baths. The rear cottage features one bedroom and one bath and a full kitchenette with Miele appliances.
The two structures are excellent examples of the Bungalow style of architecture popular in the early twentieth century. Their distinguishing characteristics include the original cypress clapboard siding, low-pitched gable roofs with wide cave overhangs, and exposed rafter tails plus the original front porch Coral stone piers, which match the tall chimney constructed of the same. The landscaping is comprised entirely of Florida native plantings.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $53,841
Year Built
- Built in 1918
Lot Details
- 5,663 Sq Ft Lot
- Waterfront
- North Facing Home
- Back and Front Yard Fenced
- Property is zoned R-C - Medium Density Residential
Parking
- No Garage
Home Design
- Poured Concrete
- Frame Construction
- Asphalt Shingled Roof
- Asphalt Roof
Interior Spaces
- 2,054 Sq Ft Home
- Sound System
- Ceiling Fan
- Fireplace
- Double Hung Windows
- Dining Room
- Storage
- Utility Room
Kitchen
- Single Oven
- Gas Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
- Bidet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Outdoor Features
- Patio
- Lanai
Additional Homes
- Guest House
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Royal Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434323050060181
Map
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Home Values in the Area
Average Home Value in this Area
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 | $57,968 | $3,798,029 | -- | -- |
| 2023 | $53,841 | $3,494,950 | $3,173,902 | $321,048 |
| 2022 | $7,299 | $422,588 | $0 | $0 |
| 2021 | $7,434 | $410,280 | $0 | $0 |
| 2020 | $7,421 | $404,615 | $0 | $0 |
| 2019 | $7,403 | $395,518 | $0 | $0 |
| 2018 | $7,081 | $388,143 | $0 | $0 |
| 2017 | $7,065 | $380,160 | $0 | $0 |
| 2016 | $6,428 | $372,341 | $0 | $0 |
| 2015 | $6,566 | $369,753 | $0 | $0 |
| 2014 | $6,608 | $366,818 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | For Sale | $10,900,000 | -- | $5,307 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,995,000 | None Listed On Document | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | New Conventional |
Source: Public Records
Similar Homes in Palm Beach, FL
Source: Palm Beach Board of REALTORS®
MLS Number: 25-638
APN: 50-43-43-23-05-006-0181
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