$2,964,527
RENTED MAR 25, 2025

429 Australian Ave Unit 9 Palm Beach, FL 33480

2 Beds
2 Baths
1,686 Sq Ft
0.8 Acres

Last Sold September 28, 2018

Last sale price $1,500,000 $890 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $19,069/month

Highlights

  • Property fronts an intracoastal waterway
  • Wood Flooring
  • Central Heating and Cooling System
  • Palm Beach Public School Rated A-
  • Entrance Foyer

About This Home

As of March 2025

The Australian is an in-town, boutique building located on the lake block, close to the Town Docks and Lake Trail, and a short walk to the shops, galleries and restaurants of Worth Avenue. This fresh and white, large penthouse apartment, on the south east side of the building, has been thoroughly renovated with wide plank floors, marble counter tops and top of the line appliances in kitchen and baths. There is an expansive wrap around terrace with sliding doors that provides plenty of natural light. The second bedroom/sitting room/office is open to the living room with built in book cases. The building has recently done a thorough refresh with a new-look lobby, hall carpets and a pool update coming this summer. The apartment is available for a seasonal or annual lease.

Last Agent to Rent the Property

John Cregan

Sotheby's Intl. Realty, Inc. License #3439962 Listed on: 03/14/2025

Sotheby's Intl. Realty, Inc.

Co-Listed By

Christine Gibbons

Sotheby's Intl. Realty, Inc. License #682260

Last Renter's Agent

ELIZABETH SAVAGE

Brown Harris Stevens of PB License #3067550

Brown Harris Stevens of PB

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,772

Year Built

  • Built in 1974

Lot Details

  • 0.8

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,686 Sq Ft Home
  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Additional Features

  • Property fronts an intracoastal waterway
  • Central Heating and Cooling System

Community Details

  • Australian Of Palm Beach Subdivision

Listing and Financial Details

  • Property Available on 3/14/25
  • Assessor Parcel Number 50434327430000090

Condo Details

Home Type

Condominium

Est. Annual Taxes

$40,772

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2025-03-14

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1974
  • Entry Level: 3
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood, Wood
  • Living Area: 1686.0

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Waterfront Features: Intracoastal Access
  • Waterfront: No

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other

Lot Info

  • Parcel #: 50434327430000090
  • Land Lease Amount Frequency: Monthly
  • Lot Size: 1/2 to < 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Kelly Greg and Kelly Judith
Bought by
Sea Foam Realty Llc
Current Estimated Value
$2,964,527

Purchase Details

Listed on
May 22, 2018
Closed on
Sep 21, 2018
Sold by
Reyes David K and Perri Pamela A
Bought by
Kelly Greg and Grey Judith
Seller's Agent
Lisa Cregan
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Christine Gibbons
Sotheby's Intl. Realty, Inc.
List Price
$1,620,000
Sold Price
$1,500,000
Premium/Discount to List
-$120,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 15, 2016
Closed on
Mar 21, 2017
Sold by
Jackson P and Rockhampton Family Trust
Bought by
Reyes David K and Rerri Pamela A
Seller's Agent
Christine Gibbons
Sotheby's International Realty, Inc.
Buyer's Agent
ROBIN WEISS DONNELLEY
MCCANN COYNER CLARKE
List Price
$1,475,000
Sold Price
$1,475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%
Original Mortgage
$11,180,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 6, 2014
Closed on
Aug 15, 2014
Sold by
Jones Michelle A
Bought by
Jackson P
Seller's Agent
Todd Peter
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Linda Gary
Linda A. Gary Real Estate
List Price
$1,595,000
Sold Price
$1,450,000
Premium/Discount to List
-$145,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.67%

Purchase Details

Closed on
Apr 30, 2013
Sold by
Talotta Louis J
Bought by
Jones Michelle A

Purchase Details

Closed on
Oct 11, 1996
Sold by
Willard Jane C and Willard George R
Bought by
Talotta Louis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
8.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sea Foam Realty Llc $963,681 --
Kelly Greg $1,500,000 Attorney
Reyes David K $1,475,000 Attorney
Jackson P $1,450,000 Attorney
Jones Michelle A $970,000 Attorney
Talotta Louis J $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Greg $1,050,000
Previous Owner Reyes David K $11,180,000
Previous Owner Talotta Louis J $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2025 03/25/25 Rented $9,000 0.0% --
03/25/2025 03/25/25 Rented $9,000 -53.8% --
03/14/2025 03/14/25 Under Contract -- -- --
03/14/2025 03/14/25 For Rent $19,500 0.0% --
03/13/2025 03/13/25 Under Contract -- -- --
08/05/2024 08/05/24 Price Changed $19,500 -13.3% $12 / Sq Ft
03/04/2024 03/04/24 For Rent $22,500 +12.5% --
06/10/2022 06/10/22 For Rent $20,000 +5.3% --
06/10/2022 06/10/22 Rented $19,000 +123.5% --
09/26/2019 09/26/19 Rented $8,500 0.0% --
08/27/2019 08/27/19 Under Contract -- -- --
06/10/2019 06/10/19 For Rent $8,500 0.0% --
09/28/2018 09/28/18 Sold $1,500,000 0.0% $890 / Sq Ft View Prior Sale
09/28/2018 09/28/18 Sold $1,500,000 -7.4% $890 / Sq Ft View Prior Sale
08/29/2018 08/29/18 Pending -- -- --
08/10/2018 08/10/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $1,620,000 +8.0% $961 / Sq Ft
04/24/2018 04/24/18 For Sale $1,500,000 +1.7% $890 / Sq Ft
03/27/2017 03/27/17 Sold $1,475,000 0.0% $875 / Sq Ft View Prior Sale
03/08/2017 03/08/17 Pending -- -- --
06/15/2016 06/15/16 For Sale $1,475,000 +1.7% $875 / Sq Ft
09/08/2014 09/08/14 Sold $1,450,000 0.0% $892 / Sq Ft View Prior Sale
09/08/2014 09/08/14 Sold $1,450,000 -9.1% $892 / Sq Ft View Prior Sale
08/19/2014 08/19/14 Pending -- -- --
08/09/2014 08/09/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $1,595,000 +10.0% $982 / Sq Ft
12/31/2013 12/31/13 For Sale $1,450,000 -- $892 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $40,772 $2,710,800 -- --
2023 $29,035 $1,524,600 $0 $0
2022 $23,142 $1,386,000 $0 $0
2021 $20,896 $1,260,000 $0 $1,260,000
2020 $20,322 $1,205,000 $0 $1,205,000
2019 $20,747 $1,205,000 $0 $1,205,000
2018 $20,090 $1,205,000 $0 $1,205,000
2017 $19,767 $1,160,000 $0 $0
2016 $20,049 $1,160,000 $0 $0
2015 $20,878 $1,160,000 $0 $0
2014 $16,159 $885,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Cregan

    Landlord's Agent in 2025

    John Cregan

    Sotheby's Intl. Realty, Inc.

    (847) 651-7210

    56 Total Sales

    John Cregan
    Section Image

  • C

    Landlord's Co-Listing Agent in 2025

    Christine Gibbons

    Sotheby's Intl. Realty, Inc.

    (561) 758-5402

    53 Total Sales

    Christine Gibbons
    Section Image

  • E

    Tenant's Agent in 2025

    ELIZABETH SAVAGE

    Brown Harris Stevens of PB

    (561) 317-5152

    20 Total Sales

    ELIZABETH SAVAGE
    Section Image

  • L

    Seller's Agent in 2022

    Lisa Cregan

    Sotheby's Intl. Realty, Inc.

    (561) 659-3555

    58 Total Sales

    Lisa Cregan
    Section Image

  • K

    Buyer's Agent in 2022

    Kim Raich

    Sotheby's Intl. Realty, Inc.

    (561) 547-2229

    15 Total Sales

    Kim Raich
    Section Image

  • R

    Buyer's Agent in 2017

    ROBIN WEISS DONNELLEY

    MCCANN COYNER CLARKE

See All Agents

Map

Source: BeachesMLS

MLS Number: R11071411

BeachesMLS

APN: 50-43-43-27-43-000-0090

Florida Palm Beach County Palm Beach 33480

429 Australian Ave Unit 9, Palm Beach, FL

This home is located at 429 Australian Ave Unit 9, Palm Beach, FL 33480 since 14 March 2025 and is currently priced at $2,964,527. This property was built in 1974. 429 Australian Ave Unit 9 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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