$13,999,000
NEW CONSTRUCTION $896K PRICE DROP

422 Australian Ave Palm Beach, FL 33480

Estimated payment $83,168/month

Total Views 220
4 Beds
5.5 Baths
3,765 Sq Ft
$3,718 Price per Sq Ft

Highlights

  • New Construction
  • Heated Pool
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Vaulted Ceiling
  • Great Room

About This Home

Welcome to 422 Australian Avenue, a newly constructed state-of-the-art Modern Mediterranean home with quintessential island finishes, situated ideally in the heart of Palm Beach. This 4 bedroom, 5 and a half bathroom turn-key residence is move-in ready and boasts classic tropical details including Cypress trim and Dominican Coral hardscape, French limestone floors throughout the first floor, hard-wood on the second floor, and an immaculately well thought out floor plan. The property features an elevator, high ceilings, outdoor loggia and shower, and a surplus of natural light throughout. The Primary suite includes his and her Baths, his and her closets, and a lovely wet bar.

Listing Agent

Margit Brandt

Premier Estate Properties, Inc License #3430177

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,411

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 6,250 Sq Ft Lot
  • Property is zoned R-C(ci

Parking

  • 1 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 3,765 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Royal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434323050050410
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,411

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2025
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, High Ceilings, Kitchen/Dining Combo, Pantry, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 3765.0
  • Dining Room Type: Den, Family Room, Great Room, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Barrel

Garage/Parking

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

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 50434323050050410
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6250.0
  • Zoning Description: R-C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 60411.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $60,411 $4,062,500 -- --
2023 $56,110 $3,737,500 $3,737,500 $0
2022 $35,106 $1,787,064 $0 $0
2021 $29,693 $2,083,665 $2,062,500 $21,165
2020 $24,607 $1,487,486 $1,470,000 $17,486
2019 $22,791 $1,342,648 $1,330,000 $12,648
2018 $23,475 $1,429,682 $1,413,629 $16,053
2017 $21,829 $1,300,182 $1,285,117 $15,065
2016 $21,354 $1,210,008 $0 $0
2015 $19,877 $1,100,007 $0 $0
2014 $18,326 $1,000,286 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Price Changed $13,999,000 -6.0% $3,718 / Sq Ft
01/29/2025 01/29/25 For Sale $14,895,000 +166.0% $3,956 / Sq Ft
09/22/2022 09/22/22 Sold $5,600,000 -19.9% $3,160 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $6,995,000 +288.6% $3,948 / Sq Ft
04/25/2013 04/25/13 Sold $1,800,000 0.0% $1,016 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
08/08/2012 08/08/12 For Sale $1,800,000 -- $1,016 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $5,600,000 --
Warranty Deed $1,800,000 Attorney
Warranty Deed $1,437,500 --
Warranty Deed $520,000 --
Deed -- --
Warranty Deed $500,000 --
Source: Public Records

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Source: BeachesMLS

MLS Number: R11056916

BeachesMLS

APN: 50-43-43-23-05-005-0410