Condominium

550 S Australian Avenue # 1506

550 S Australian Avenue # 1506, West Palm Beach FL 33401 Get directions

$4,250,000

For Sale
Price increase: $150,000 (+3.7%)

2 Beds · 3 Baths · 2,305 SqFt

See estimated monthly cost

This listing is courtesy of Berkeley Realty LLC. Kelsey Martin

Overview

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, uncompromised privacy alongside world class amenities.

Facts & features

Interior

Living area (sq ft)
2,305
Full bathrooms
3
Furnished
Unfurnished
  • Cooking Island
  • Walk-In Closet(s)

Building & exterior

Year built
2028
Garage spaces
2
Covered spaces
2
Pool
Yes
Waterfront
Yes
  • Lake
  • Lake View
  • Balcony
  • 2 Or More Spaces
  • Assigned
  • Parking Garage

HOA (homeowners association)

Association fee
$3,588 per month
  • Bike Storage
  • Business Center
  • Community Pool
  • Elevator(s)
  • Exercise Room
  • Pool
  • Private Pool
  • Spa/Hot Tub
  • See Broker Remarks
  • Yes

Taxes

Annual tax
$0
Tax year
2026
Parcel number
744343211200000

Assigned schools

Elementary
Roosevelt
Middle
Bear Lakes
High
Palm Beach Lakes

Listing

MLS number
B26002000
Property type
Condominium
Price per SqFt
$1,844
Subdivision
The Berkeley
On market since
Mar 12, 2026
Days on market
180

Price history

Date Event Price Change
Mar 12, 2026 Listed $3,775,000 —
Aug 17, 2026 Price change $4,250,000 +$150,000 (+3.7%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$28,266 per month

Principal & interest (30 yr)
$21,490
Property tax
$0
Insurance (estimated)
$3,188
Association fee
$3,588

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Similar homes nearby

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