550 S Australian Avenue 1905, West Palm Beach, FL 33401 — MLS photo

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550 S Australian Avenue 1905, West Palm Beach, FL 33401

Active · Condominium

$5,000,000

550 S Australian Avenue 1905, West Palm Beach, FL 33401

Beds
3
Baths
4
Living area
2,621 sq ft
$ / sq ft
$1,908/sq ft
Year built
2028
Lot size
—
HOA fee
$4,115 Monthly
Annual tax
$0

About this property

Perched on the 19th floor at The Berkeley, Residence 1905 offers refined new-construction living in one of West Palm Beach's most anticipated waterfront addresses. Designed by Arquitectonica and developed by Al Adelson, the team behind The Bristol, this three-bedroom residence features floor-to-ceiling glass, a generous terrace, and sweeping views of Clear Lake and the city skyline. Thoughtfully planned with modern flow-through living spaces and curated finishes, the home pairs comfort with sophistication. Residents enjoy concierge and valet service, rooftop pool and lounge, wellness spa, fitness center, and nearby access to CityPlace, the Kravis Center, and downtown West Palm Beach's premier dining and cultural destinations. Reach out to us today to learn about this unique opportunity. All images and visual materials associated with this property, including AI generated images, virtually staged photos, edited images, artist conceptual renderings, maps, site plans, floor plans, and other graphics, are provided solely for illustrative purposes. These representations may not accurately reflect current conditions and are subject to change without notice. No representations or warranties are made regarding the accuracy or completeness of these visual materials. Buyers should not rely solely on these materials and are responsible for independently verifying all property details.

Property location

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550 S Australian Avenue 1905, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,621 sq ft
Flooring
Other
Appliances
Some Gas Appliances, Dryer, Dishwasher, Gas Range, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Dual Sinks, Kitchen Island, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
2028
Stories
26
Lot size
0 sq ft
Roof
Other
Construction
Block
Exterior features
Balcony
Pool
None, Association, Community
Spa
Community
View
Lake, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Attached, Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$4,115 Monthly
Fee inclusions
Common Area Maintenance, Pools, Security
Amenities
Bike Storage, Business Center, Elevators, Fitness Center, Pool, Spa Hot Tub
Security
Fire Alarm, Lobby Secured, Smoke Detectors, Security System, Fire Sprinkler System
Pets allowed
No
Annual tax
$0
Subdivision
The Berkeley
County
Palm Beach
Days on market
147
MLS listing ID
B26024462
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

-$14,113

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.1%
Gross yield
4.4%
Mortgage payment
$23,703/mo
Down payment
$1,250,000
Loan amount
$3,750,000
Annual NOI
$115,074

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