$5,593,000 - $7,682,000
RENTED JUL 23, 2025

150 Australian Ave Unit Cottage Palm Beach, FL 33480

1 Bed
1 Bath
846 Sq Ft
$8,073 Price per Sq Ft

Highlights

  • Waterfront
  • Wood Flooring
  • Cooling Available
  • Palm Beach Public School Rated A-
  • Lanai
  • Patio

About This Home

As of July 2025

Rare rental opportunity ''in town'' in the ocean block of Palm Beach. Incredibly charming and ''tucked away'' Landmarked 1 bedroom/1 bath cottage with private off-street parking space. Additional features include a cozy front porch and private outdoor patio area, 2 new A/C units, new paint, and numerous windows offering an abundance of natural light. Pets OK and washer/dryer located on property. Highly coveted and timeless location situated just steps to Worth Avenue, the ocean, Buccan, and the best shops and restaurants in the area.

Last Agent to Rent the Property

Michael Melear

Douglas Elliman License #SL-3259144 Listed on: 01/17/2025

Douglas Elliman

Last Renter's Agent

Michael Melear

Douglas Elliman License #SL-3259144 Listed on: 01/17/2025

Douglas Elliman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • Waterfront
  • North Facing Home

Parking

  • Parking Available

Interior Spaces

  • 846 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Storage
  • Wood Flooring
  • Fire and Smoke Detector
  • Single Oven

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Cooling Available

Listing and Financial Details

  • Security Deposit $7,900
  • Rent includes water
  • 12 Month Lease Term
  • Assessor Parcel Number 50434323050080510

Community Details

Overview

  • Front Yard Maintenance
  • Royal Park Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Tenant Pays: Tenant Pays

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential Lease
  • Subdivision Name: Royal Park
  • Directions: Call LA
  • Architectural Style: One Story
  • Building Name: None
  • Year Built: 1910
  • Location Tax Legal:Name of Building: None
  • General Property Description:Living Area: 846.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • Appliances Refrigerators: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Contract Information:Deposit Amount: 7900.0
  • Pets:Pets Allowed: Yes
  • Lease Type:Annual: Yes
  • Style:One Story: Yes
  • Laundry:Laundry in Bldg: Yes
  • Utilities Included:Water: Yes
  • Services Included:Trash Removal: Yes
  • Services Included:Yard Services: Yes
  • ACHeat:Units Air: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Oven-Single
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan, Storage, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 846.0
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Smoke Alarms2: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Exterior Features: Patio/Lanai
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Parking 1 Car2: Yes

Utilities

  • Laundry Features: Laundry in Bldg
  • Security: No Security
  • Cooling: Units Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water
  • Amenities: Trash Removal, Yard Services

Lot Info

  • Parcel #: 50434323050080510

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2025 07/23/25 Rented $5,500 0.0% --
06/28/2025 06/28/25 Under Contract -- -- --
04/08/2025 04/08/25 Price Changed $5,500 -6.8% $7 / Sq Ft
03/13/2025 03/13/25 Price Changed $5,900 -9.2% $7 / Sq Ft
02/10/2025 02/10/25 Price Changed $6,500 -17.7% $8 / Sq Ft
01/17/2025 01/17/25 For Rent $7,900 +9.0% --
12/02/2024 12/02/24 Rented $7,250 -19.4% --
11/20/2024 11/20/24 Price Changed $9,000 +80.0% $11 / Sq Ft
11/19/2024 11/19/24 Rented $5,000 -44.4% --
10/28/2024 10/28/24 Under Contract -- -- --
10/25/2024 10/25/24 Under Contract -- -- --
10/11/2024 10/11/24 For Rent $9,000 +80.0% --
05/01/2024 05/01/24 Rented $5,000 0.0% --
04/23/2024 04/23/24 Under Contract -- -- --
03/19/2024 03/19/24 For Rent $5,000 -- --
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 25-127