Properties

Reading the market

550 S Australian Avenue #LPH2500, West Palm Beach, FL 33401 · Foresight

Properties · Downtown West Palm

Greg Forest Group | Palm Beach Brokerage

550 S Australian Avenue #LPH2500West Palm Beach, FL 33401

$12,750,000

Ask

Bedrooms

Bathrooms

Living area

4,752 sf

Built

2028

Ask Greg directly

550 S Australian Avenue #LPH2500, West Palm Beach, FL 33401 photo 1

Current taxes

$102,951 / 2026

Subject to change upon purchase and reassessment.

As assessed today. Florida caps a homesteaded assessment, so a buyer's figure is set after closing. Confirm with the county.

Flood zone

Zone X · 15 ft

Outside the special flood hazard area. No federal flood insurance requirement for a standard mortgage.

FEMA flood map, read Oct 9, 2026. Confirm the rating with your insurer.

Getting around

Palm Beach International9 min
Downtown West Palm9 min
Worth Avenue10 min

Typical driving time without traffic.

Schools

The Greene School PK to 87 min
Rosarian Academy Pre-K to 88 min
Palm Beach Day Academy Pre-K to 810 min
Oxbridge Academy 6 to 1213 min

Driving times without traffic. Public assignment per BeachesMLS; verify boundaries with the district.

From the listing

Introducing a lower penthouse at The Berkeley, envisioned by Al Adelson, developer of The Bristol, and designed by Arquitectonica. This expansive flow-through residence offers east and west exposures, floor-to-ceiling glass, soaring ceilings, and abundant natural light. Generous living spaces open to oversized terraces with sunrise-to-sunset views, creating a seamless indoor-outdoor lifestyle. Features include Snaidero Italian cabinetry, Sub-Zero and Wolf appliances, private elevator entry, and a versatile flex space ideal for a home office, library, or guest suite. Residents enjoy concierge and valet service, rooftop pool and lounge, wellness spa, fitness center, and proximity to CityPlace, the Kravis Center, and downtown West Palm Beach's premier dining and cultural destinations. DISCLAIMER: 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.

A private read

Some of what matters about a property is never in its listing. Where the price sits against what the street has actually traded. Whether there is room. And what may be available nearby, privately, without ever reaching the market. Greg gives that read directly.

The record

Reference: B26081786
Status: Active
Type: Condominium
Year built: 2028
Per square foot: $2,683
Pool: No
Waterfront: Yes

Where it sits

Where to eat

Okeechobee SteakhouseSteak · Okeechobee Boulevard
The oldest steakhouse in Florida, and still the one people drive across the bridge for.
Elisabetta'sItalian · Clematis Street
Big, handsome and reliably busy, on the waterfront end of Clematis.
GratoItalian · South Dixie Highway
The corridor's neighborhood Italian, and the one locals actually book.

Ask Greg directly

MLS B26081786 · Active. Price, status and photography are read live from BeachesMLS. Information is deemed reliable but not guaranteed and should be independently verified.

Courtesy of Douglas Elliman · 561-278-5570

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by BeachesMLS.