How do I schedule a tour of 550 S Australian Avenue 04, West Palm Beach, FL 33401?

Use the Tour button on this listing to request a showing of 550 S Australian Avenue 04, West Palm Beach, FL 33401. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 550 S Australian Avenue 04, West Palm Beach, FL 33401 still available?

550 S Australian Avenue 04, West Palm Beach, FL 33401 is currently listed as Under Contract, and has been on the market 25 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How do I get pre-approved to buy 550 S Australian Avenue 04, West Palm Beach, FL 33401?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 550 S Australian Avenue 04, West Palm Beach, FL 33401. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 550 S Australian Avenue 04, West Palm Beach, FL 33401 have an HOA fee?

Yes: 550 S Australian Avenue 04, West Palm Beach, FL 33401 carries an HOA fee of about $2,805 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 550 S Australian Avenue 04, West Palm Beach, FL 33401?

550 S Australian Avenue 04, West Palm Beach, FL 33401 is zoned for Roosevelt (elementary), Bear Lakes (middle), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 550 S Australian Avenue 04, West Palm Beach, FL 33401?

Often, yes. The right offer on 550 S Australian Avenue 04, West Palm Beach, FL 33401 depends on how it's priced against comparable condo sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Under Contract

25 Days on Market

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$3,000,000

550 S Australian Avenue 04

West Palm Beach, FL 33401

The Berkeley

Explore the area: West Palm Beach homes for sale · Palm Beach County real estate

Price Check

How this price compares

Asking price: $3,000,000
Price per sq ft: $1,669
Vs. nearby sales: 419.9% above
Days on market: 25

This 2-bedroom condo in ZIP 33401 went under contract with an asking price of $3,000,000, or $1,669 per square foot. It spent 25 days on the market before going under contract. The 4 most recent condo sales in the closings shown below sold at a median of $321 per square foot, so the asking price was 419.9% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,798

Living Sq Ft

2028

Year Built

Estimated monthly payment

$15,766 /mo

Principal and interest only, based on $600,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,805/mo HOA are not included.

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Listing Snapshot

Price: $3,000,000
Days on Site: 25 Days
Bedrooms: 2
Total Baths: 3
Full Baths: 2
Partial Baths: 1
Living Area: 1,798 sqft
Total Sq Ft: 2,168 sqft
Year Built: 2028
Property Type: Condo
MLS #: R11071205
HOA Fees: $2,805 / Monthly
Subdivision: The Berkeley
Development: The Berkeley
County: Palm Beach
Status: Under Contract

About This Property

Welcome to The Berkeley, West Palm Beach's newest collection of distinct waterfront residences. Developed by Al Adelson who brought a new level of sophistication to the area with The Bristol, The Berkeley is similarly destined to be a cornerstone in the downtown skyline. Arquitectonica crafted a rhythmic facade and tranquil interiors to capture the reflective water, light and sky of the surroundings. Every residence will offer unobstructed water views. Conceived to meet a need in its growing market for a luxury product that lives like a single-family home, The Berkeley's valuable site provides several unique opportunities including a landmark location moments from city center, spectacular views, gracious living space and terraces, uncompromised privacy alongside world class amenities.

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General Features

Property Type: Condo
Status: Under Contract
Year Built: 2028
Property Condition: New Construction
New Construction: Yes
Number of Stories: 25
Garage Spaces: 2
Attached Garage: Yes
Parking: Assigned / Attached / Garage
Direction Faces: West
Living Sq Ft: 1,798
Total Sq Ft: 2,168
Zoning: CLD-25 Clearlak

Interior Features

Appliances: Dryer / Dishwasher / Free Standing Freezer / Gas Range / Gas Water Heater / Ice Maker / Microwave / Refrigerator / Water Heater / Washer
Cooling: Central Air
Heating: Central
Flooring: Other
Spa: Yes
Spa Features: In Ground
Interior Features: Bidet / Bathtub / Dual Sinks / Eat In Kitchen / Kitchen Island / Main Level Primary / Soaking Tub / Tub Shower / Walk In Closets
Laundry: Inside / Laundry Closet
Main Level Bedrooms: 2
Main Level Baths: 2
Furnished: Unfurnished

Exterior Features

Construction: Metal Siding / Concrete
Exterior Features: Balcony / Outdoor Living Area
Architectural Style: Colonial
Pool Features: In Ground / Association
Patio & Porch: Covered / Balcony
Waterfront: Yes
Waterfront Features: Lake Front
View: Lake

Community & HOA

HOA Fee: $2,805 / Monthly
HOA Includes: Hvac / Insurance / Security
Association Amenities: Bike Storage / Business Center / Dog Park / Elevators / Fitness Center / Library / Pool / Spa Hot Tub
Community Features: Home Owners Association / Gated
Security: Security System / Closed Circuit Cameras / Fire Alarm / Gated Community
Utilities: None
Pets Allowed: Breed Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: Ok To Lease
MLS Area: 5420

This home's HOA fee works out to $2,805 a month, 32% below the $4,115 median across 11 homes for sale in this community. See the community's HOA fees

Schools

Elementary School: Roosevelt
Middle School: Bear Lakes
High School: Palm Beach Lakes

About the Community

The Berkeley

View Community Details →

The Berkeley is a luxury gated, waterfront, luxury community in West Palm Beach, Palm Beach County, Florida. Properties are priced from $3,200,000 to $12,800,000. Pure Equity lists homes in The Berkeley and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 11
Under Contract: 3
Median List Price: $5,000,000
Median $/Sq Ft: $1,856
Avg Days on Market: 141

View all 11 homes for sale in The Berkeley →

Frequently Asked Questions

How do I schedule a tour of 550 S Australian Avenue 04, West Palm Beach, FL 33401?: Use the Tour button on this listing to request a showing of 550 S Australian Avenue 04, West Palm Beach, FL 33401. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 550 S Australian Avenue 04, West Palm Beach, FL 33401 still available?: 550 S Australian Avenue 04, West Palm Beach, FL 33401 is currently listed as Under Contract, and has been on the market 25 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 550 S Australian Avenue 04, West Palm Beach, FL 33401?: With 20% down ($600,000) on the $3,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 550 S Australian Avenue 04, West Palm Beach, FL 33401 is about $15,766/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 550 S Australian Avenue 04, West Palm Beach, FL 33401?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 550 S Australian Avenue 04, West Palm Beach, FL 33401. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 550 S Australian Avenue 04, West Palm Beach, FL 33401 have an HOA fee?: Yes: 550 S Australian Avenue 04, West Palm Beach, FL 33401 carries an HOA fee of about $2,805 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 550 S Australian Avenue 04, West Palm Beach, FL 33401?: 550 S Australian Avenue 04, West Palm Beach, FL 33401 is zoned for Roosevelt (elementary), Bear Lakes (middle), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 550 S Australian Avenue 04, West Palm Beach, FL 33401?: Often, yes. The right offer on 550 S Australian Avenue 04, West Palm Beach, FL 33401 depends on how it's priced against comparable condo sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Berkeley Realty LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.

$3,000,000

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Listed by Lesley Savin, Berkeley Realty LLC

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Recently sold homes in ZIP 33401

These are the last 6 recorded closings in ZIP 33401, with the price each home actually sold for rather than what it was listed at. They closed at a median of $424 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.