MELBORNE HOUSE CONDO

227 Australian Avenue # 1e, Palm Beach FL 33480

2 beds · 2 baths · 1,287 ft²

Closed

$20,000

Est. Payment $106/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,287

Sq. Ft.

1985

Year Built

5

Stories

34

Days on Market

Description

Perfect Rental Opportunity located in the center of town! Enjoy this beautifully renovated and furnished two bedroom, 2 bath sunny south facing with a spacious outdoor terrace to enjoy day and night. Services include 24/7 doorman, lovely pool, bike room, and one assigned parking. 2 short blocks to the beach, dining, Worth Avenue, town docks and an array of cultural activities. Enjoy the fabulous lifestyle of living in Palm Beach!

Facts

MLS#
R11022110
Subdivision
MELBORNE HOUSE CONDO
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1985
Lot Size
0 sqft
Sq. Ft.
1,287 ft²
Sq. Mt.
120 m²
Price per sq. ft.
$16/ft²
Price per sq. mt.
$167/m²
Stories
5
Garage
Pool
Private
Days on Market
34 days
Listed
Sep 14, 2024
Last Updated
Jun 8, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

August 2026

100/100
Buyers marketSellers market

98

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/8/2026Sold$20,000
9/14/2024Listed for sale$20,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

227 Australian Avenue # 1e, Palm Beach FL 33480Directions

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$66,667

gross income / month to qualify

Monthly rent$20,000
Required annual income$800,000
Security deposit (est.)$20,000
Move-in cost (1st + last + security)$60,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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