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550 S Australian Avenue LPH2500, West Palm Beach, FL 33401
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$12,750,000

550 S Australian Avenue LPH2500

West Palm Beach, FL 33401

The Berkeley

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

How this price compares

List price
$12,750,000
Price per sq ft
$2,683
Vs. nearby sales
595.1% above
Days on market
N/A

This 5-bedroom condo in ZIP 33401 is listed at $12,750,000, or $2,683 per square foot. The 3 most recent condo sales in the closings shown below sold at a median of $386 per square foot, so the asking price is 595.1% above what comparable homes here actually sold for.

5
Bedrooms
7
Bathrooms
4,752
Living Sq Ft
2028
Year Built

Estimated monthly payment

$67,007 /mo

Principal and interest only, based on $2,550,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $5,093/mo HOA are not included.

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Listing Snapshot

Price
$12,750,000
Days on Site
0 Days
Bedrooms
5
Total Baths
7
Full Baths
6
Partial Baths
1
Living Area
4,752 sqft
Total Sq Ft
5,844 sqft
Year Built
2028
Property Type
Condo
MLS #
B26081786
Property Tax
$102,951 (2026)
HOA Fees
$5,093 / Monthly
Subdivision
The Berkeley
Development
The Berkeley
County
Palm Beach
Status
Active
Special Conditions
Standard

About This Property

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.

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
2028
Property Condition
To Be Built
Number of Stories
25
Levels
One
Garage Spaces
2
Attached Garage
Yes
Parking
Assigned / Attached / Garage
Direction Faces
West
Lot Size (Acres)
0
Living Sq Ft
4,752
Total Sq Ft
5,844
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
CLD-25 Clearlak

Interior Features

Appliances
Dryer / Dishwasher / Freezer / Microwave / Oven / Refrigerator / Wine Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Other
Interior Features
Dual Sinks / Kitchen Island / Walk In Closets
Laundry
Inside / Laundry Closet / Washer Dryer Install Allowed
Main Level Bedrooms
5
Main Level Baths
7
Furnished
Unfurnished

Exterior Features

Construction
Concrete
Roof
Other
Exterior Features
Balcony / Outdoor Living Area
Pool Features
Association / Heated
Patio & Porch
Covered / Balcony
Waterfront
Yes
Waterfront Features
Lake Front
View
City / Lake / Water

Community & HOA

HOA Fee
$5,093 / Monthly
HOA Includes
Common Areas / Maintenance Grounds / Pools / Security
Association Amenities
Bike Storage / Business Center / Clubhouse / Community Kitchen / Dog Park / Fitness Center / Maintenance Grounds / Gated / Management / Pool / Sauna / Spa Hot Tub / Security / Storage / Trash / Elevators
Community Features
Gated / Property Manager On Site
Security
Gated Community
Utilities
None
Pets Allowed
Cats Ok / Dogs Ok / No Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
See Remarks
MLS Area
5420

This home's HOA fee works out to $5,093 a month, 29% above the $3,936 median across 8 homes for sale in this community. See the community's HOA fees

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
8
Under Contract
3
Median List Price
$4,625,000
Median $/Sq Ft
$1,850
Avg Days on Market
156
View all 8 homes for sale in The Berkeley →
How do I schedule a tour of 550 S Australian Avenue LPH2500, West Palm Beach, FL 33401?
Use the Tour button on this listing to request a showing of 550 S Australian Avenue LPH2500, 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 LPH2500, West Palm Beach, FL 33401 still available?
550 S Australian Avenue LPH2500, West Palm Beach, FL 33401 is currently listed as Active. 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 LPH2500, West Palm Beach, FL 33401?
With 20% down ($2,550,000) on the $12,750,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 550 S Australian Avenue LPH2500, West Palm Beach, FL 33401 is about $67,007/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 LPH2500, 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 LPH2500, 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 LPH2500, West Palm Beach, FL 33401 have an HOA fee?
Yes: 550 S Australian Avenue LPH2500, West Palm Beach, FL 33401 carries an HOA fee of about $5,093 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 550 S Australian Avenue LPH2500, West Palm Beach, FL 33401?
Often, yes. The right offer on 550 S Australian Avenue LPH2500, 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 Douglas Elliman

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 October 1, 2026.

$12,750,000

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Listed by Nicholas Paul Malinosky, Douglas Elliman

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