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227 Australian Avenue # 3e, Palm Beach FL 33480

Condo/Co-op For Sale
$2,695,000

BTC: 41.98498791

ETH: 1,528.69638218

-$155K (2026/03/30)
255 days
2 bds
2 ba
1,287 sqft

Overview

The Melbourne House is considered to be one of Palm Beach's most sought after boutique buildings. This beautifully renovated apartment is located 3 blocks from Worth Ave. The views are south facing which fills the apartment with light throughout the day. There is a 24 hr doorman, covered off street parking, heated pool and many other amenities. The split floor plan is ideal for guests or family as the living room separates the 2 bedrooms with en suite bathrooms. There are only 25 units in this small pet friendly building which has additional off street parking for your guests. This is an end unit which has a window in the kitchen and a wrap around balcony.

Location

Florida • Palm Beach • 33480 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1985
Lot:
No Data
Heating:
Central
Price/sqft:
$2,094
Cooling:
Central Air
HOA:
$2,892

Valuation

Our model vs. what's actually selling nearby.
Estimate
$199,999
$147K – $290K
Confidence Low
List vs. estimate
$2.5M above estimate
List $2,695,000 · +1247.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,094
+718.2% vs. city median $255
Based on
40 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
$18,230
2025
HOA
$2,892/mo
Pets
Allowed
All facts and features

  • Flooring

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Refrigerator

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Other Property Information

    • Parcel Number: 50434326170000035

    • Zoning: R-C(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $2,892

    • HOA Frequency: Monthly

    • Annual tax amount: $18,230

  • Source details

    • MLS ID: R11131398

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Window Features: Complete Other Protection

    • Direction Faces: South

    • Other Structures: Livable

    • Living Area: 1287

    • Water Source: Public

    • Subdivision Name: MELBORNE HOUSE CONDO

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

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Market around this address

Live counts in the same area.
View all
This zip
33480
339
median $1.7M
Active
Same city
Palm Beach
3,351
median $535K
Active
Same type
Condo/Co-op
1,516
median $274K
Active
Similar price
$1.9M – $3.5M
302
median $2.5M
Active

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