$3,470,000

550 S Australian Ave Unit 502 West Palm Beach, FL 33401

3 beds
3 full, 1 partial
2,571 sqft
$1,350 / sqft
Condo

Property details

About 550 S Australian Ave Unit 502

Welcome to The Berkeley, West Palm Beach's newest collection of distinct waterfront residences. Developed by Al Adelson who brought a new level of sophistication to the area with The Bristol, The Berkeley is similarly destined to be a cornerstone in the downtown skyline. Arquitectonica crafted a rhythmic facade and tranquil interiors to capture the reflective water, light and sky of the surroundings. Every residence will offer unobstructed water views. Conceived to meet a need in its growing market for a luxury product that lives like a single-family home, The Berkeley's valuable site provides several unique opportunities including a landmark location moments from city center, spectacular views, gracious living space and terraces, and uncompromised privacy alongside world class amenities.

Highlights

Home typeCondominium
HeatingOther
StatusActive
CoolingOther
Size2,571 sqft
Year builtNew Const., 2027
MLS #RX-11050497
Garage2 spaces
WaterfrontLake Front

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Gas Range
  • Flooring Type: Other
  • Interior: Split Bedroom, Walk-in Closet
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Private Pool: No
  • Waterfront: Lake Front
  • Heating: Other
  • Cooling: Other
  • List Price: $3,470,000
  • Price/SqFt: $1,349
  • HOA Amount: $3,582
  • HOA Frequency: Monthly
  • Directions: Sales Gallery located at 500S Australian Ave., on the 9th Floor.
  • Year Built: 2027
  • Stories: 25
  • Living Area: 2,571 SqFt
  • MLS Number: RX-11050497
  • Office Name: Berkeley Realty LLC
  • Office Phone: (561) 220-0000
  • Listing Agent: Kelsey Martin
  • Agent Phone: (248) 229-3366

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,470,000

550 S Australian Ave Unit 502

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Price information

Property sales

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Tax history

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Nearby schools

2

Lake Park Elementary School

Public District PK-5

0.5 mi

410 3rd St

3

Washington Elementary Magnet School

Public Magnet PK-5

1.6 mi

1709 W 30th St

7

Allamanda Elementary School

Public Magnet PK-5

2.0 mi

10300 Allamanda Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $58,159. Most West Palm Beach, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

20%
<35k
64%
35k-100k
13%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
18%
Single, with Kids
18%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • BuickBuick

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 550 S Australian Ave Unit 502

The listing price of 550 S Australian Ave Unit 502 property is $3,470,000.

The property 550 S Australian Ave Unit 502 is a condo located in West Palm Beach, Florida, 33401.

Active Listing: 550 S Australian Ave Unit 502 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 550 S Australian Ave Unit 502 are: Lake Park Elementary School (GreatSchools Rating 2/10), Washington Elementary Magnet School (GreatSchools Rating 3/10), Allamanda Elementary School (GreatSchools Rating 7/10), The Conservatory School @ North Palm Beach (GreatSchools Rating 8/10), Howell L. Watkins Middle School (GreatSchools Rating 4/10), John F. Kennedy Middle School (GreatSchools Rating 4/10), Inlet Grove Community High School (GreatSchools Rating 7/10), Palm Beach Virtual Instruction Program (GreatSchools Rating 4/10), Palm Beach Virtual Franchise (GreatSchools Rating 10/10).

The property at 550 S Australian Ave Unit 502 has 3 bedrooms and 3 full and 1 half bathrooms.

The property 550 S Australian Ave Unit 502 is 2,571 SqFt (source: MLS/tax record).

The year of construction for 550 S Australian Ave Unit 502 is 2027.

This home is located at 550 S Australian Ave Unit 502 in West Palm Beach, FL and zip code 33403 in the Lake Park / Kelsey City neighborhood. This 2,571 square foot home was built in 2027. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $3,470,000.

While more than 18 listings in West Palm Beach, FL in March 2025 were sold above asking price, there were more than 28 listings sold at asking price, and more than 210 were sold below. Between February and March 2025, West Palm Beach, FL real estate market has seen increase in the number of listings by 13%. The median list price of listings available in March 2025 was $407,270, while the average time on the real estate market was 98 days.

From Rocket Homes Real Estate and based on county public records data.

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