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Property photos —
New listingBeachesMLS
New listingMLS® B26081786
$12,750,000

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

Beds
5
Baths
7
Sqft
4,752
Est. payment$86,204/mo
Home type
Condominium
Year built
2028
Lot size
0 sqft
Price / sqft
$2,683
HOA
$5,093/mo
Community
The Berkeley

Property 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. 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.

Listing activity

Days on market
0
Listed
Sep 29, 2026
MLS listing updated
5 hours ago
Feed last checked
10 minutes ago

Listed by Nicholas Paul Malinosky · Douglas Elliman

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
5
Bathrooms
7
Bathrooms (decimal)
6.5
Full bathrooms
6
Half bathrooms
1
Main-level bedrooms
5
Main-level bathrooms
7

Rooms & features

Rooms
3
Interior features
Kitchen Island, Walk-In Closet(s)
Flooring
Other
Appliances
Wine Refrigerator, Freezer, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Laundry
Inside, Laundry Closet
Furnished
Unfurnished

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
2
Garage
Yes
Carport
No
Parking spaces
2
Covered spaces
2
Parking features
Assigned, Attached Garage, Garage
Attached garage
Yes

Exterior

Stories
25
Building area
5,844 sqft
Exterior features
Balcony
Pool
No
View
Lake, City, Water
Waterfront
Lake
Waterfront property
Yes

Lot

Lot size
0 sqft
Lot size (acres)
0 acres
Zoning
CLD-25 Clearlak
Road frontage
City Street
Construction

Type & style

Home type
Condominium
Structure type
Multi Family
Year built
2028
New construction
No

Materials

Construction
Concrete
Roof
Other
Foundation
Piling
Property condition
To Be Built
Faces
West
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
None
Community & HOA

Community

Subdivision
The Berkeley
MLS area
5420
MLS subarea
PB20
Pets allowed
Cats OK, Dogs OK, No Restrictions, Yes
55+ community
No

Association

Has association
Yes
Association fee
$5,093 monthly
Estimated monthly dues
$5,093
Amenities
Security, Maintenance, Gated, Pool, Bike Storage, Business Center, Community Room, Dog Park, Elevator(s), Fitness Center, Heated Pool, Kitchen Facilities, Lobby, Management, Manager On Site, Sauna, Spa/Hot Tub, Storage, Trash Chute
Services included
Pool Service, Common Areas, Common Real Estate Tax, Elevator, Maintenance Grounds, Security
Lease details

Not reported by the listing source.

Location

Area details

City
West Palm Beach
County
Palm Beach
ZIP code
33401
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26081786
Possession
Close Of Escrow
Original list price
$12,750,000
Parcel number
74434321120000010
Annual property tax
$102,951
Tax year
2026
Tax legal description
CLEARWATER PARK LTS 4 & 5
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association Amenities
Security, Maintenance, Gated, Pool, Bike Storage, Business Center, Community Room, Dog Park, Elevator(s), Fitness Center, Heated Pool, Kitchen Facilities, Lobby, Management, Manager On Site, Sauna, Spa/Hot Tub, Storage, Trash Chute
Association Fee Frequency
Monthly
Association Fee Includes
Pool Service, Common Areas, Common Real Estate Tax, Elevator, Maintenance Grounds, Security
Association
Yes
Bathrooms Total Decimal
6.5
Bathrooms Total Integer
7
Building Area Total
5844
Construction Materials
Concrete
County Or Parish
Palm Beach
Days On Market
0
Direction Faces
West
Foundation Details
Piling
Laundry Features
Inside, Laundry Closet
List Price
12750000
Listing Contract Date
2026-09-29
Living Area
4752
Lot Size Acres
0
Lot Size Area
0
MLSArea Major
5420
MLSArea Minor
PB20
Main Level Bathrooms
7
Main Level Bedrooms
5
Mls Status
Active
On Market Date
2026-09-29
Parking Total
2
Photos Count
11
Postal Code
33401
Property Sub Type
Condominium
Property Type
Residential
Road Frontage Type
City Street
Rooms Total
3
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-09-29T15:02:14Z
Stories Total
25
Subdivision Name
The Berkeley
Water Source
Public
Waterfront Features
Lake
Tax Annual Amount
102951
Bathrooms Full
6
Pool Private
No
Bedrooms Total
5
Bathrooms Half
1
Financial Information: Estimated Monthly Assoc Recurring Fee
5093

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Sep 29, 2026ListedBeachesMLS$12,750,000$2,683/sqft

Public tax history

YearProperty taxesAssessment
2026$102,951—

Payment calculator

Estimated monthly payment$86,204/moIllustrative estimate, not a loan offer.
Principal & interest
$66,157
Property taxes
$8,579
Insurance
$6,375
Association dues
$5,093

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

The Berkeley

West Palm Beach · Palm Beach County · 33401

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

BeachesMLS · Listing courtesy of Douglas Elliman. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.