Address
220 & 222 Australian Avenue Palm Beach, FL
Price
$ 10,000,000
Property Attributes
  • MLS#RX-10694109
  • TypeMulti-Family
  • CountyPALM BEACH
  • CityPalm Beach
  • Area5002
  • NeighborhoodRoyal Park
  • Zip33480
  • StyleTriplex
  • Year Built1962
  • Taxes25510
  • Price$ 10,000,000
  • Bedrooms0
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3378
  • Lot Size11,625 SqFt
Listing Provided Courtesy Of:
Scuttina Signature Real Estate Group, LLC
Data Source:
Beaches MLS
Property Description

Build a Grand Palm Beach Estate in the Heart of Island by combining these two properties. Amazing development op. 1.5 Blocks from the crystal-clear Atlantic Ocean, 2.5 Blocks from the Intracoastal & Lake Trail Bike Path, 1.5 miles from the Breakers Resort & Spa, 3 Blocks from the famous Worth Ave shopping & restaurants, 1 mile from Downtown West Palm Beach. Combine 220 Australian Ave & 222 Australian Ave to make a 11,625 sq ft lot; 220 Australian Ave is 125' x 43' (5,375 sq ft lot) 222 Australian Ave is 125' x 50' (6,250 sq ft lot) OR Renovate 220 Australian for high end rentals and build a 4,000 sq ft 4/4.5 w/ spa, pool, elev, gym, garage, etc. on 222 Australian. 3rd option to keep as is, continue to rent units. Rent rolls avail upon req. All information deemed reliable but not guarante

Price History
2/22/2021 Listed $10,000,000

General Features

Adult 55+ No Hopa
Area 5002
Auction No
Construction CBS, Frame, Stucco
Cooling Ceiling Fan, Central, Wall-Win A/C
Exterior Features Auto Sprinkler, Awnings, Covered Balcony, Covered Patio, Fence, Fruit Tree(s), Outdoor Shower, Room for Pool, Shutters
Flooring Carpet, Terrazzo Floor, Tile, Wood Floor
Geo Area PB30
Geo Lat 26.703098
Geo Lon -80.037619
HOA None
Heating Central, Electric, Gas, Window/Wall
Legal Description ROYAL PARK ADD LT 8 BLK 7 & ROYAL PARK ADD LT 7 BLK 7
Possession At Closing, Subject to Lease
Property Type B
REO No
Restrict Commercial Vehicles Prohibited
Roof Flat Tile, Other
Short Sale No
Source Of Expenses Owner
Special Info Sold As-Is
Status Active
Stories 2.0
Subdivision ROYAL PARK
Tax Year 2020
Taxes 25510.00
Tenant Pays Cable, Electric, Insurance
Terms Considered Cash, Conventional, FHA
Type Triplex
Utilities Electric, Gas Natural, Public Sewer, Public Water
View Garden
Virtual Tour https://www.propertypanorama.com/220-222-Australian-Avenue-Palm-Beach-FL-33480/unbranded
Waterfront None
Waterfront No
Year Built 1962
Zoning R-C(ci

Interior Features

SqFt - Living 3378.00
Total # Of Units 3
Unit 1 Desc A/C Unit, Built-in Shelves, Dishwasher, Dryer, Electric Meter, Kitchen, Laundry, Microwave, Pantry, Patio, Range - Gas, Refrigerator, Smoke Detector, Stack Bedrooms, Walk-in Closets, Washer
Unit 2 Desc A/C Unit, Built-in Shelves, Dishwasher, Microwave, Pantry, Patio, Range - Electric, Refrigerator, Separate Dining, Smoke Detector
Unit 3 Desc A/C Unit, Kitchen, Microwave, Patio, Range - Electric, Refrigerator
Window Treatments Bay Window, Impact Glass, Sliding

Exterior Features

Carport Spaces 10.00
Lot Description < 1/4 Acre, East of US-1, Paved Road, Sidewalks
Lot Dimensions 43.0 x 125.0 & 50.0 ft x 125.0 ft
Private Pool Y/N No
Subdiv Amenities None
Unit 1 Parking Open Parking, Space Parking
Unit 2 Parking Open Parking, Space Parking
Unit 3 Parking Open Parking, Space Parking

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33480

Price
AVG $7M
$10M
Taxes
AVG $23,252
$25,510
Visits
AVG 93
114
Year Built
AVG 1944
1962

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