121 AUSTRALIAN AVE, PALM BEACH, FL 33480
Parcel: 50434323050280520 · Multi-Family (<10) · Zoning: 008
Assessed Value (2026)
$2,864,222
Property Details
Year Built
1924
Lot Sqft
7,000
Sales History
1
$975,000
2000-04-07
Tax Assessment History
$2,864,222
Assessed (2026)
$5,744,055
Market Value
$2,864,222
Taxable Value
$58,313
Annual Tax
2025
$5,744,055
2026
$2,864,222
$5,744,055
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $2,864,222 | $5,744,055 | $2,864,222 | $58,313 | $5,425,000 | $319,055 |
| 2025 | $5,744,055 | $5,744,055 | $5,744,055 | $116,944 | $5,425,000 | $319,055 |
About 121 AUSTRALIAN AVE, PALM BEACH, FL 33480
121 AUSTRALIAN AVE, PALM BEACH, FL 33480 is a property built in 1924 on a 7,000 square foot lot. The property is currently owned by RSDL 18 LLC, 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 2000-04-07 for $975,000. The 2026 assessed value is $2,864,222 with a market value of $5,744,055. This breaks down to $5,425,000 for the land and $319,055 for the building.
The assessed value decreased 50% from $5,744,055 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.
121 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 current assessed value represents 294% of the most recent sale price.
This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
RSDL 18 LLC
PO BOX 347, PALM BEACH, FL, 33480
Since: 2026-04-03
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Est. Annual Insurance
$31,333 — $57,511
Flood $400 — $800
Property/Wind $30,933 — $56,711
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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