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

$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

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.

Supplements: 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.

More Information MLS# B26081786

Contract Information

Comp Sale YN: No Listing Date: 2026-09-29 Status: Active Original List Price: 12750000 List Price: $12,750,000 Current Price: $12,750,000 Listing Service: Full Service

Location and Legal

County Or Parish: Palm Beach Development Name: The Berkeley Geographic Area: PB20 Special Assessment YN: No Building Name: The Berkeley Country: United States 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 Area: 5420 Parcel Number: 74434321120000010 Zoning: CLD-25 Clearlak

General Property Information

Total Units In Building: 193 Unit Floor #: 25 Builder Lot/Unit #: 800 Projected Completion Date: 2028-08-22 Community Development District YN: No Living Area Main: 4752 Living Area Source: Builder Accessibility Features YN: Yes Gated Community YN: Yes Lot Size Area: 0 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 25 Stories: 1 Pool Private YN: No Washer/Dryer Allowed YN: Yes Property Sub Type: Condominium Bedrooms Total: 5 Bathrooms Total: 7 Bathrooms Full: 6 Bathrooms Half: 1 Building Area Main: 5844 Building Area Source: Builder Year Built: 2028 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Parking Total: 2 Waterfront YN: 1 Direction Faces: West

Financial Information

Association Deposit YN: No Association Membership: Mandatory Association Email: NA Master Association YN: No Estimated Monthly Assoc Recurring Fee: 5093 Membership Fee Required YN: No Association YN: 1 Association Fee: 5093 Association Fee Frequency: Monthly Tax Annual Amount: 102951 Tax Year: 2026 Tax Legal Description: CLEARWATER PARK LTS 4 & 5

Office/Member Information

DXORIGMLSID: RML

Accessibility Features

Common Area: 1

Amenities

Bike Storage: 1 Business Center: 1 Community Room: 1 Dog Park: 1 Elevator(s): 1 Fitness Center: 1 Heated Pool: 1 Kitchen Facilities: 1 Lobby: 1 Management: 1 Manager On Site: 1 Pool: 1 Sauna: 1 Spa/Hot Tub: 1 Storage: 1 Trash Chute: 1

Association Amenities

Gated: 1 Maintenance: 1 Security: 1

Association Fee Includes

Common Areas: 1 Common Real Estate Tax: 1 Elevator: 1 Maintenance Grounds: 1 Pool Service: 1 Security: 1

Flooring

Other: 1

Foundation Details

Piling: 1

Leasing Permitted Details

Leasing Permitted YN: No

Parking Features

Assigned: 1 Attached Garage: 1 Garage: 1

Property Condition

To Be Built: 1

Special Listing Conditions

Standard: 1

Structure Type

Multi Family: 1

Possession

Close Of Escrow: 1

Qualifying Requirements

Minimum Credit Score YN: No

Sewer

Public Sewer: 1

Utilities

None: 1

View

City: 1 Water: 1

Heating

Central: 1

Unit Description

Corner/End Unit: 1

Water View

Lake: 1

Appliances

Dishwasher: 1 Dryer: 1 Freezer: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1 Wine Refrigerator: 1

Construction Materials

Concrete: 1

Interior Features

Kitchen Island: 1 Walk-In Closet(s): 1

Laundry Features

Inside: 1 Laundry Closet: 1

Listing Terms

Cash: 1 Conventional: 1

Road Frontage Type

City Street: 1

Roof

Other: 1

Water Source

Public: 1

Waterfront Features

Lake Front: 1

Capital Contributions

Capital Contributions YN: Yes Capital Contributions Amount: 10187

Cooling

Central Air: 1

Association Type

Condominium: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Listing Agent Must Accompany: 1 Text Listing Agent: 1

Main Level Rooms

Main Level Bathrooms: 7 Main Level Bedrooms: 5

Master Bedroom/Bath

Dual Sinks: 1

Pets Allowed YN

Yes: 1

Pets Allowed

Cats OK: 1 Dogs OK: 1 No Restrictions: 1

Pet Details

Pet Fee YN: No

Restrictions

See Remarks: 1

Storm Protection

Impact Glass: Complete Permanent Generator: Whole House

Tax Information

City/County: 1 New Construction: 1

Outdoor Living Spaces

Balcony: 1

Balcony Details

Balcony - Covered: 1

Room Types

Kitchen: 1 Living Room: 1 Master Bedroom: 1

Price Calculations

Current Price To SqFt: 2683.08

Status Change Information

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

Originating Details

Originating System Key: 20260929130609022974000000 Originating System ID: M00000170

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

Room Information

Kitchen Living Room Master Bedroom
Listing Office: Douglas Elliman
Last Updated: September - 29 - 2026
550 S Australian Avenue LPH2500, West Palm Beach, FL 33401- MLS# B26081786
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.