Atlantic Luxury Advisors
227 Australian #2c photo 1227 Australian #2c photo 2227 Australian #2c photo 3227 Australian #2c photo 4227 Australian #2c photo 5

20 photos

227 Australian #2c

Palm Beach, FL 33480

$2,495,000
2
2
1,287 sq ft
1985
Condominium
$2,519/mo
Yes
208
Active

Listing courtesy of Brown Harris Stevens of PB (Ashley Drew Copeland). Contact: [email protected].

About this home

Look no further if you want to live in the center of it all, ideal for walking to restaurants and shopping, and only one block from the most beautiful beaches. Melbourne House is an excellent full-service boutique building with 24 hr. doorman, heated pool and lots of parking. This elegant 2-bedroom 2 bath residence with split floor plan is ideal for guests and offers floor to ceiling glass sliding doors from each room, allowing in light and garden views. A long spacious outdoor balcony allows for entertaining and relaxing in the refreshing ocean breezes. There are only 25 units in this small pet friendly building. The elegant foyer has black and white marble tiles; the living room has handsome wood flooring. Both bathrooms have been updated, with a brand-new white porcelain bathroom with shower off the guest bedroom. Move in ready to enjoy all that Palm Beach has to offer!

What it costs to own
Estimated monthly payment
$20,270/mo
Principal and interest
$12,616
Property tax
$3,577
Homeowners insurance
$1,558
HOA
$2,519

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$42,925/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$2,519/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.