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227 Australian Avenue # 2c, Palm Beach FL 33480

Condo/Co-op For Sale
$2,495,000

BTC: 32.78580815

ETH: 998.00000000

-$485K (2026/08/28)
196 days
2 bds
2 ba
1,287 sqft

Overview

Look no further if you want to live in the center of it all, ideal for walking to restaurants and shopping, and only one block from the most beautiful beaches. Melbourne House is an excellent full-service boutique building with 24 hr. doorman, heated pool and lots of parking. This elegant 2-bedroom 2 bath residence with split floor plan is ideal for guests and offers floor to ceiling glass sliding doors from each room, allowing in light and garden views. A long spacious outdoor balcony allows for entertaining and relaxing in the refreshing ocean breezes. There are only 25 units in this small pet friendly building. The elegant foyer has black and white marble tiles; the living room has handsome wood flooring. Both bathrooms have been updated, with a brand-new white porcelain bathroom with shower off the guest bedroom. Move in ready to enjoy all that Palm Beach has to offer!

Location

Details

Type:
Residential
Parking:
Assigned / Guest
Year Built:
1985
Lot:
No Data
Heating:
Central Individual A/C
Price/sqft:
$1,939
Cooling:
Central Individual A/C
HOA:
$2,519

Valuation

Our model vs. what's actually selling nearby.
Estimate
$232,000
$139K – $329K
Confidence Low
List vs. estimate
$2.3M above estimate
List $2,495,000 · +975.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,938
+688.4% vs. city median $245
Based on
210 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $5.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$21,944
2025
HOA
$2,519/mo
Pool
Community
View
Pool
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Marble

    • Wood

    Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Free-Standing Freezer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    Other interior features

    • Lobby

    • Fire Sprinklers

    • Entrance Foyer

    • Pantry

    • Split Bedroom

    • Walk-In Closet(s)

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Guest

    Property

    • Pool Private: Yes

    • Exterior Features: East Of Us1 / Exterior Cat Walk / Balcony

    Other Property Information

    • Parcel Number: 50434326170000023

    • Zoning: R-C(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $2,519

    • HOA Frequency: Monthly

    • Annual tax amount: $21,944

  • Source details

    • MLS ID: R11167877

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry / Common Area

    • Lot Features: East Of US 1 / Fenced

    • Pool Features: Community

    • Window Features: Complete Accordian Shutters / Plantation Shutters / Sliding

    • Direction Faces: South

    • Other Structures: Livable

    • Architectural Style: High Rise

    • Living Area: 1287

    • Water Source: Public

    • Subdivision Name: MELBORNE HOUSE CONDO

Private inquiry
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Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Brown Harris Stevens of PB