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150 Australian Avenue, 
Palm Beach, FL 33480

$16,500,000

8

Beds

7

Baths

5,031

Sq Ft

Single Family

Virtual Tour

Active

Listed by

Michael Melear

Douglas Elliman

Last updated:

February 15, 2026, 03:50 PM

MLS#

R11163495

Source:

RMLS

About This Home

150 Australian Avenue

Opportunity awaits at this large 10,000+ sq. ft. property ideally located In-Town on an ocean block of Palm Beach. Renovate the current structures, or tear down and build your dream home. Currently contains 7 total units; two quintessential Palm Beach cottages (one Landmarked) and a 5 unit Art Deco multifamily building containing one 2 bedroom unit, three 1 bedroom units, and one studio. Also offers 4+ off-street parking spaces. Highly coveted and timeless location situated just steps to Worth Avenue, the ocean, and the best shops and restaurants in the area.

Home Facts

Single Family

7 Baths

8 Bedrooms

Built in 1910

Price Summary

16,500,000

$3,279 per Sq. Ft.

MLS #:

R11163495

Last Updated:

February 15, 2026, 03:50 PM

Added:

6 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

5,031 Sq. Ft.

Structure

Structure

Building Area:

5,115 Sq. Ft.

Year Built:

1910

Lot

Lot Size (Sq. Ft):

10,018

Finances & Disclosures

Finances

Price:

$16,500,000

Price per Sq. Ft:

$3,279 per Sq. Ft.

Source:RMLS
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.