550 S Australian Avenue LPH2500, West Palm Beach, FL 33401

New Listing
$12,750,000
Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 5,844 Status: Active
Current Price: $12,750,000 List Date: 9/29/2026 Last Modified: 9/29/2026

Overview

Description

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.

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Listing Details MLS# B26081786

General Property Information

Total Units In Building
193
Unit Floor #
25
Property Sub Type
Condominium
Bedrooms Total
5
Bathrooms Total
7
Bathrooms Full
6
Bathrooms Half
Yes
Projected Completion Date
2028-08-22
Builder Lot/Unit #
800
Community Development District YN
No
Building Area Main
5844
Building Area Source
Builder
Living Area Main
4752
Living Area Source
Builder
Accessibility Features YN
Yes
Year Built
2028
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Parking Total
2
Gated Community YN
Yes
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
25
Stories
Yes
Direction Faces
West
Pool Private YN
No
Furnished
Unfurnished
Washer/Dryer Allowed YN
Yes

Property Features

Accessibility Features: Common Area Association Amenities: Gated; Maintenance; Security Association Fee Includes: Common Areas; Common Real Estate Tax; Elevator; Maintenance Grounds; Pool Service; Security Flooring: Other Foundation Details: Piling Parking Features: Assigned; Attached Garage; Garage Property Condition: To Be Built Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Refrigerator; Washer; Wine Refrigerator Construction Materials: Concrete Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Kitchen Island; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Cats OK; Dogs OK; No Restrictions Possession: Close Of Escrow Restrictions: See Remarks Road Frontage Type: City Street Roof: Other Sewer: Public Sewer Structure Type: Multi Family Tax Information: City/County; New Construction Unit Description: Corner/End Unit Utilities: None View: Water Water Source: Public Water View: Lake Waterfront Features: Lake Front Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
12750000
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
550
Street Direction Prefix
S
Street Name
Australian
Street Suffix
Avenue
Unit Number
LPH2500
State Or Province
FL
Postal Code
33401
Subdivision Name
The Berkeley
Development Name
The Berkeley
Area
5420
Geographic Area
PB20
Special Assessment YN
No
Parcel Number
74434321120000010
Zoning
CLD-25 Clearlak
Building Name
The Berkeley

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
5093
Association Fee Frequency
Monthly
Association Membership
Mandatory
Association Email
NA
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
5093
Membership Fee Required YN
No
Tax Annual Amount
102951
Tax Year
2026
Tax Legal Description
CLEARWATER PARK LTS 4 & 5

Status Change Information

Major Change Timestamp
2026-09-29T15:02:14Z
Major Change Type
New Listing
Status Change Date
2026-09-29

More Information

Leasing Permitted Details

Leasing Permitted YN
No

Capital Contributions

Capital Contributions YN
Yes
Capital Contributions Amount
10187

Main Level Rooms

Main Level Bathrooms
7
Main Level Bedrooms
5

Pet Details

Pet Fee YN
No

Qualifying Requirements

Minimum Credit Score YN
No

Storm Protection

Impact Glass
Complete
Permanent Generator
Whole House

Price Calculations

Current Price To SqFt
2683.08

Originating Details

Originating System Key
20260929130609022974000000
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom
IDX
Listing Office: Douglas Elliman
Source MLS Verified
Last Updated: September - 29 - 2026
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