301 Australian Avenue 306, Palm Beach, FL 33480 — MLS photo

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301 Australian Avenue 306, Palm Beach, FL 33480

Active · Condominium

$1,100,000

301 Australian Avenue 306, Palm Beach, FL 33480

Beds
1
Baths
1
Living area
330 sq ft
$ / sq ft
$3,333/sq ft
Year built
1926
Lot size
—
HOA fee
$1,297 Monthly
Annual tax
$6,553

About this property

Most romantic Palm Beach retreat at the quintessential historic Brazilian Court, just steps from Worth avenue. Elegant private 1 bedroom 1 bath, fully furnished, extending into an oversized roof terrace overlooking the tranquil courtyard with its fountain and lush vegetation. Luxurious accommodations, impeccable service and amenities include maid service, fitness center, Salon and acclaimed Café Boulud Restaurant. Unit owners enjoy the privileges of hotel guests including access to concierge services, fitness, pool, spa, and of course, room service from Cafe Boulud! Additionally, unit owners may choose to offer their property in the Brazilian Court's full-service rental program and earn income when not in residence.

Property location

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301 Australian Avenue 306, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
330 sq ft
Flooring
Carpet, Hardwood, Wood
Appliances
Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Wet Bar, Garden Tub Roman Tub, Tub Shower
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1926
Lot size
0 sq ft
Architectural style
Mediterranean, One Story
Roof
Barrel
Construction
Block
Exterior features
Courtyard, Patio
Pool
None, Association, Community
View
Garden, Other, Water

Parking

Covered spaces
0
Parking features
On Street, Valet

HOA, Community & Financials

Association fee
$1,297 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Electricity, Hot Water, Insurance, Sewer, Trash, Water
Amenities
Fitness Center, Management, Pool, Elevators
Security
Lobby Secured, Security System
Pets allowed
No
Annual tax
$6,553
Subdivision
BRAZILIAN COURT HOTEL AND
County
Palm Beach
Days on market
378
MLS listing ID
R11131481
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$4,442

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.3%
Gross yield
3.9%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$9,268

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.