Premier Brokers International
235 Ocean Terrace, Palm Beach, FL 33480
ActiveBeachesMLS
ActiveMLS® B26053661
$10,000,000

235 Ocean Terrace, Palm Beach, FL 33480

Beds
4
Baths
4
Sqft
2,673
Est. payment$63,929/mo
Home type
Single Family Residence
Year built
1956
Lot size
10,019 sqft
Price / sqft
$3,741
HOA
$0/mo
Community
OCEAN TERRACE

Property description

235 Ocean Terrace presents a rare opportunity on Palm Beach's coveted North End, ideally situated on one of the island's premier cabana streets with dedicated beach access and just moments from the Lake Trail. Set on a 10,226± square foot lot, the residence offers 3,336± total square feet with four bedrooms and four full bathrooms. A foyer leads to the living and dining rooms, while the kitchen overlooks the pool and patio. The primary suite features direct access to the pool, and each bedroom includes an en suite bath. A covered loggia overlooks the pool and patio, providing an inviting setting for outdoor living and entertaining. Additional highlights include a one-car garage and laundry room. An exceptional opportunity to enjoy, renovate, or reimagine a residence in one of Palm Beach's most desirable North End locations.

Listing activity

Days on market
74
Listed
Jul 17, 2026
MLS listing updated
5 hours ago
Feed last checked
1 minute ago

Listed by Todd Peter · Sotheby's Intl. Realty, Inc.

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
4
Bathrooms
4
Bathrooms (decimal)
4
Full bathrooms
4
Half bathrooms
0
Main-level bedrooms
4
Main-level bathrooms
4

Rooms & features

Rooms
3
Interior features
Entrance Foyer
Flooring
Tile, Wood
Appliances
Freezer, Electric Cooktop, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Oven, Refrigerator, Washer
Laundry
Inside, Main Level
Fireplace
No

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
1
Garage
Yes
Carport
No
Parking spaces
4
Covered spaces
1
Parking features
Attached Garage, Garage
Attached garage
Yes

Exterior

Stories
1
Building area
3,336 sqft
Patio & porch
Patio - Covered, Patio
Pool
Yes
Pool features
In Ground
Waterfront property
No

Lot

Lot size
10,019 sqft
Lot size (acres)
0.23 acres
Zoning
R-B (city)
Construction

Type & style

Home type
Single Family Residence
Structure type
House
Year built
1956
New construction
No

Materials

Construction
Concrete Block - With Stucco
Roof
Tile
Property condition
Resale
Faces
South
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Sewer Available, Water Available
Community & HOA

Community

Subdivision
OCEAN TERRACE
MLS area
5001
MLS subarea
PB30
Pets allowed
No Restrictions, Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Palm Beach
County
Palm Beach
ZIP code
33480
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26053661
Possession
Close Of Escrow
Original list price
$10,000,000
Parcel number
50434303030000140
Annual property tax
$84,493.56
Tax year
2025
Tax legal description
OCEAN TERRACE W 80.5 FT OF LT 14 & E 10 FT OF LT 15
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
4
Bathrooms Total Integer
4
Building Area Total
3336
Construction Materials
Concrete Block - With Stucco
County Or Parish
Palm Beach
Days On Market
74
Direction Faces
South
Elementary School
Palm Beach Public
High School
Palm Beach Lakes
Laundry Features
Inside, Main Level
List Price
10000000
Listing Contract Date
2026-07-17
Living Area
2673
Lot Size Acres
0.23
Lot Size Area
10226
MLSArea Major
5001
MLSArea Minor
PB30
Main Level Bathrooms
4
Main Level Bedrooms
4
Mls Status
Active
On Market Date
2026-07-17
Parking Total
4
Patio And Porch Features
Patio - Covered, Patio
Photos Count
18
Postal Code
33480
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
3
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-07-17T19:50:33Z
Stories Total
1
Subdivision Name
OCEAN TERRACE
Water Source
Public
Tax Annual Amount
84493.56
Bathrooms Full
4
Pool Private
Yes
Bedrooms Total
4
Waterfront
No
Bathrooms Half
0

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jul 17, 2026ListedBeachesMLS$10,000,000$3,741/sqft

Public tax history

YearProperty taxesAssessment
2025$84,494—

Payment calculator

Estimated monthly payment$63,929/moIllustrative estimate, not a loan offer.
Principal & interest
$51,888
Property taxes
$7,041
Insurance
$5,000
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

OCEAN TERRACE

Palm Beach · Palm Beach County · 33480

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Palm Beach PublicElementary
—
Palm Beach LakesHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

BeachesMLS · Listing courtesy of Sotheby's Intl. Realty, Inc.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.