How do I schedule a tour of 1040 Ocean Terrace, Delray Beach, FL 33483?

Use the Tour button on this listing to request a showing of 1040 Ocean Terrace, Delray Beach, FL 33483. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 1040 Ocean Terrace, Delray Beach, FL 33483 still available?

1040 Ocean Terrace, Delray Beach, FL 33483 is currently listed as Sold, and has been on the market 7 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 1040 Ocean Terrace, Delray Beach, FL 33483?

With 20% down ($539,000) on the $2,695,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1040 Ocean Terrace, Delray Beach, FL 33483 is about $14,163/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 1040 Ocean Terrace, Delray Beach, FL 33483?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1040 Ocean Terrace, Delray Beach, FL 33483. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 1040 Ocean Terrace, Delray Beach, FL 33483 have an HOA fee?

Yes: 1040 Ocean Terrace, Delray Beach, FL 33483 carries an HOA fee of about $20 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

Can I negotiate the price of 1040 Ocean Terrace, Delray Beach, FL 33483?

Often, yes. The right offer on 1040 Ocean Terrace, Delray Beach, FL 33483 depends on how it's priced against comparable townhouse sales in Delray Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

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Sold

7 Days on Market

All Listings

$2,500,000

Sold · July 22, 2025

1040 Ocean Terrace

Delray Beach, FL 33483

GLEASON STREET TOWNHOMES

Explore the area: Delray Beach homes for sale · Palm Beach County real estate

Sale Summary

What this home sold for

Sold price: $2,500,000
Vs. list price: 7.2% under
Days on market: 7
Price per sq ft: $912

This 4-bedroom townhouse in ZIP 33483 sold for $2,500,000 on July 22, 2025. That was 7.2% below its final list price of $2,695,000. It spent 7 days on the market.

Bedrooms

Bathrooms

2,741

Living Sq Ft

1997

Year Built

Listing Snapshot

Sold Price: $2,500,000
Sold On: July 22, 2025
Days on Site: 7 Days
Bedrooms: 4
Total Baths: 3
Full Baths: 3
Partial Baths: 0
Living Area: 2,741 sqft
Total Sq Ft: 3,143 sqft
Lot Size: 0.1 Acres
Year Built: 1997
Property Type: Townhouse
MLS #: R11082960
Property Tax: $26,506 (2024)
HOA Fees: $20 / Monthly
Subdivision: GLEASON STREET TOWNHOMES
County: Palm Beach
Status: Sold

About This Property

Discover the Charm and Sophistication of This Boutique Beach Area Townhome. Experience the perfect blend of casual elegance and coastal charm in this meticulously designed townhome, featuring a newly renovated private pool and spa. Nestled on a tranquil residential street with no through traffic, this home offers an ideal retreat. Key Features: 3 Bedrooms + Den | 3 Baths | 1-Car Garage Classic Chicago Brick driveway adds timeless curb appeal. Inspired by British West Indies architecture, with stunning marble and wood flooring throughout. Gourmet kitchen with Corian countertops, designer cabinetry, and a spacious center island. Expansive great room with floor-to-ceiling windows, offering abundant natural light and southern exposure. elegant dining room overlooking pool, perfect for entertaining. Spacious master suite with vaulted cathedral ceilings, private balcony, and a generously sized walk-in closet Two additional upstairs bedrooms with a "Jack & Jill" bathroom Convenient second-floor laundry room Soaring two-story volume ceilings in the living room, creating an open and airy atmosphere This exceptional home offers both style and functionality in a prime location. Schedule a tour today to see how this beach-area gem can become your next dream home.

MLS media link

General Features

Property Type: Townhouse
Status: Sold
Year Built: 1997
Property Condition: Resale
Number of Stories: 2
Levels: Two
Garage Spaces: 1
Attached Garage: Yes
Parking: Attached / Garage
Direction Faces: North
Lot Size (Acres): 0.1
Living Sq Ft: 2,741
Total Sq Ft: 3,143
Structure Type: Townhouse
Sewer: Public Sewer
Water Source: Public
Zoning: RM(cit

Interior Features

Appliances: Dryer / Electric Range / Electric Water Heater / Microwave / Refrigerator / Water Heater / Washer
Cooling: Central Air
Heating: Central
Flooring: Marble / Wood
Spa: Yes
Spa Features: In Ground
Interior Features: Bathtub / Garden Tub Roman Tub / High Ceilings / Soaking Tub / Separate Shower
Main Level Bedrooms: 1
Main Level Baths: 1
Furnished: Unfurnished

Exterior Features

Construction: Block
Roof: Metal
Exterior Features: Outdoor Living Area
Private Pool: Yes
Pool Features: In Ground
Patio & Porch: Covered / Patio / Porch
Lot Features: Sprinklers Automatic / Less Than Quarter Acre
Waterfront Features: None
View: Pool

Community & HOA

HOA Fee: $20 / Monthly
Association Amenities: None
Security: Security System
Utilities: Sewer Available / Water Available
Pets Allowed: Yes
Financing Terms: Cash / Conventional
Restrictions: No Restrictions
MLS Area: 4140

About the Area

Delray Beach

View Delray Beach Real Estate →

Delray Beach homes for sale run from $225K downtown condos to $10,000,000+ oceanfront estates. Atlantic Avenue condos start at $225K; oceanfront estates on the barrier island start at $2,500,000. Tropic Isle and Rainberry Bay sit in the $400K to $700K range. Valencia Cove and Saturnia Isles, west of Lyons Road, make up about 35% of resale volume. Atlantic Avenue itself is three blocks from the beach. The city has won the All-America City award three times. Delray Beach covers 16 square miles, with Boynton Beach to the north and Boca Raton directly south.

Homes for Sale: 1,513
Under Contract: 450
Median List Price: $285,000
Median Sale Price (September): $410,000
Median $/Sq Ft: $237
Avg Days on Market: 113

View all 1,513 homes for sale in Delray Beach →

Frequently Asked Questions

How do I schedule a tour of 1040 Ocean Terrace, Delray Beach, FL 33483?: Use the Tour button on this listing to request a showing of 1040 Ocean Terrace, Delray Beach, FL 33483. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1040 Ocean Terrace, Delray Beach, FL 33483 still available?: 1040 Ocean Terrace, Delray Beach, FL 33483 is currently listed as Sold, and has been on the market 7 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1040 Ocean Terrace, Delray Beach, FL 33483?: With 20% down ($539,000) on the $2,695,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1040 Ocean Terrace, Delray Beach, FL 33483 is about $14,163/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1040 Ocean Terrace, Delray Beach, FL 33483?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1040 Ocean Terrace, Delray Beach, FL 33483. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 1040 Ocean Terrace, Delray Beach, FL 33483 have an HOA fee?: Yes: 1040 Ocean Terrace, Delray Beach, FL 33483 carries an HOA fee of about $20 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 1040 Ocean Terrace, Delray Beach, FL 33483?: Often, yes. The right offer on 1040 Ocean Terrace, Delray Beach, FL 33483 depends on how it's priced against comparable townhouse sales in Delray Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Reutter Investments Inc.

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.

$2,500,000

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Listed by Thomas P Reutter, Reutter Investments Inc.

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Recently sold homes in ZIP 33483

These are the last 6 recorded closings in ZIP 33483, with the price each home actually sold for rather than what it was listed at. They closed at a median of $714 per square foot. The most recent closed on October 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.