28 Oct Australian of Palm Beach Palm Beach Condos: Prices, Inspections & SIRS (2026)

Australian of Palm Beach Palm Beach Condos: Prices, Inspections & SIRS (2026)

Australian of Palm Beach is a condominium at 429 Australian Ave in Palm Beach, built in 1974, with residences priced around $3.7 million. County records list 12 residences. It is in town on the island of Palm Beach.

Australian of Palm Beach at a Glance

Prices and Recent Listings

Based on asking prices as of October 2026, residences at Australian of Palm Beach are listed at around $3.7 million, depending on floor, view, size and renovation.

Inspection Status

Because the building turned 30 before July 1, 2022, its first statewide milestone inspection was due by December 31, 2024. The next one is due about 10 years after that. This statewide requirement applies only to buildings of three or more stories.

The Town of Palm Beach requires the first milestone inspection when a building reaches 30 years, then every 10 years.

Florida requires milestone inspections for condo buildings of three or more stories. Phase 1 is a visual review by a licensed engineer or architect; Phase 2 is required only if Phase 1 finds substantial structural deterioration, and repairs must begin within 365 days of the Phase 2 report. Since January 1, 2026, associations with 25 or more units must post milestone reports, the structural integrity reserve study and the budget on their website.

Reserves, SIRS and Assessments

Since budgets adopted after December 31, 2024, Florida condo associations can no longer waive or reduce reserves for the roof, structure, fireproofing, plumbing, electrical, waterproofing, windows and doors. That has raised monthly dues in many older oceanfront buildings. When comparing residences, review the current budget, the reserve balance and any planned or pending special assessments.

What Buyers Should Ask For

• The milestone inspection summary, if the building has had a milestone inspection (ask for any Phase 2 report too)
• The most recent structural integrity reserve study, or a statement that none has been completed
• The annual budget and financial statement, plus the reserve balance and any special assessments
• Board minutes from the past year, for planned repairs

For a resale, Florida law (section 718.503(2)) entitles the buyer, at the seller’s expense, to the declaration, articles, bylaws and rules, annual financial statement and budget, Q&A sheet, milestone inspection summary (if applicable), the most recent SIRS or a statement that none exists, and any turnover inspection report. Unless the buyer received them more than 7 days before signing, the buyer may cancel within 7 days (excluding weekends and legal holidays) after signing and receiving them, until closing. A buyer purchasing from the developer has 15 days (section 718.503(1)). Board minutes, reserve balances and special-assessment details are not on the statutory list; request them separately. Read our complete guide to Florida condo milestone inspections and SIRS.

Full list: see our Florida condo due diligence checklist, with every document to get before you sign and the Florida statute behind each one.

Frequently Asked Questions

How much does a residence at Australian of Palm Beach cost?

Listed residences at Australian of Palm Beach are priced around $3.7 million as of October 2026.

When is the milestone inspection due at Australian of Palm Beach?

Under Florida’s statewide rule for buildings of three or more stories, the first milestone inspection deadline for Australian of Palm Beach is December 31, 2024, with another about every 10 years after that. The Town of Palm Beach requires the first milestone inspection when a building reaches 30 years, then every 10 years; ask the association for the latest report and confirm the schedule with the Town of Palm Beach.

Where is Australian of Palm Beach?

Australian of Palm Beach is at 429 Australian Ave, in town on the island of Palm Beach. Ask about the view and the beach or water access of a specific residence.

More Palm Beach Condos

• Every Palm Beach condo from $1 million
• Palm Beach, FL guide
• Casa 214, Palm Beach
• Everglades Plaza, Palm Beach
• Number One North Ocean, Palm Beach
• Florida condo milestone inspection and SIRS guide (2026)

Last updated October 24, 2026. Building details come from county property records, public listings and government sources and are deemed reliable but not guaranteed. Prices are asking prices or estimates as of the date shown. Not legal, financial or engineering advice. Full disclaimer