422 AUSTRALIAN AVE, PALM BEACH, FL 33480
Parcel: 50434323050050410 · Vacant Residential · Zoning: 000
Assessed Value (2026)
$4,468,750
Sales History
1
$5,600,000
2022-09-29
2
$13,500,000+141%
2026-03-02
3
$13,500,000
2026-03-03
Tax Assessment History
$4,468,750
Assessed (2026)
$4,843,750
Market Value
$4,468,750
Taxable Value
$90,980
Annual Tax
2025
$4,843,750
2026
$4,468,750
$4,843,750
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $4,468,750 | $4,843,750 | $4,468,750 | $90,980 | $4,843,750 | $0 |
| 2025 | $4,843,750 | $4,843,750 | $4,843,750 | $98,615 | $4,843,750 | $0 |
About 422 AUSTRALIAN AVE, PALM BEACH, FL 33480
422 AUSTRALIAN AVE, PALM BEACH, FL 33480 is a property. The property is currently owned by HG LEGACY PALM BEACH 2026 LLC GLIMCHER GROUP INC C/O, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2026-03-03 for $13,500,000. There are 3 recorded sales for this property. The 2026 assessed value is $4,468,750 with a market value of $4,843,750.
The assessed value decreased 8% from $4,843,750 in 2025. The median household income in this area is $232,794, and the median home value is $2,000,001. The population density is 2,622 people per square mile.
422 AUSTRALIAN AVE, PALM BEACH, FL 33480 is located in PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this PALM BEACH property are sourced from palm_beach County public records. The complete ownership history of this property spans from 2022 to 2026, with 3 recorded transactions in the public record.
The current assessed value represents 33% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..
Current Owner
HG LEGACY PALM BEACH 2026 LLC GLIMCHER GROUP INC C/O
500 GRANT ST STE 2000, PITTSBURGH, PA, 15219
Since: 2026-04-03
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Est. Annual Insurance
$40,618 — $73,193
Flood $400 — $800
Property/Wind $40,218 — $72,393
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$232,794
Median Home Value$2,000,001
Pop. Density2,622/sq mi
Neighborhood 33480
84.6%
Owner-Occ
15.4%
Investor
6,443
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
MODERATE
31
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