550 S Australian Avenue 1704, West Palm Beach, FL 33401 — MLS photo

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550 S Australian Avenue 1704, West Palm Beach, FL 33401

Active · Condominium

$3,600,000

550 S Australian Avenue 1704, West Palm Beach, FL 33401

Beds
2
Baths
3
Living area
1,798 sq ft
$ / sq ft
$2,002/sq ft
Year built
2028
Lot size
—
HOA fee
$2,594
Annual tax
—

About this property

The Berkeley introduces a new standard of waterfront living in West Palm Beach. Developed by Al Adelson of The Bristol, and designed by Arquitectonica, the building blends architectural presence with calm, light-filled interiors. Residences are thoughtfully designed with expansive floorplans, generous terraces, and a range of water, skyline, and city views depending on residence and floor level. With estate-scale living, uncompromised privacy, and an irreplaceable waterfront location moments from downtown, The Berkeley offers a rare opportunity in one of South Florida's most dynamic luxury markets. Enormous Terrace on the lake, measuring approximately 45 x 13 feet. All sizes approximate and subject to errors and verification. Square Footage as per Floor Plan. Our sales gallery is located at 500 S Australian Ave 9th Floor West Palm Beach, FL 33401 Parking is on first level in the garage.

Property location

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550 S Australian Avenue 1704, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,798 sq ft

Exterior & Structure

Property type
Condominium
Year built
2028
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,594
County
Palm Beach
MLS listing ID
B26002097
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

-$15,637

Cap rate
0.5%
Net yield
0.5%
Cash-on-cash return
-18.6%
Gross yield
4.4%
Mortgage payment
$17,066/mo
Down payment
$900,000
Loan amount
$2,700,000
Annual NOI
$17,141

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