How do I schedule a tour of 235 Ocean Terrace, Palm Beach, FL 33480?

Use the Tour button on this listing to request a showing of 235 Ocean Terrace, Palm Beach, FL 33480. 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 235 Ocean Terrace, Palm Beach, FL 33480 still available?

235 Ocean Terrace, Palm Beach, FL 33480 is currently listed as Active, and has been on the market 87 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 235 Ocean Terrace, Palm Beach, FL 33480?

With 20% down ($2,000,000) on the $10,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 235 Ocean Terrace, Palm Beach, FL 33480 is about $52,554/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 235 Ocean Terrace, Palm Beach, FL 33480?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 235 Ocean Terrace, Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

What schools serve 235 Ocean Terrace, Palm Beach, FL 33480?

235 Ocean Terrace, Palm Beach, FL 33480 is zoned for Palm Beach Public (elementary), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 235 Ocean Terrace, Palm Beach, FL 33480?

Often, yes. The right offer on 235 Ocean Terrace, Palm Beach, FL 33480 depends on how it's priced against comparable single family sales in Palm 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.

Active

87 Days on Market

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$10,000,000

235 Ocean Terrace

Palm Beach, FL 33480

OCEAN TERRACE

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

Price Check

How this price compares

List price: $10,000,000
Price per sq ft: $3,741
Original price: Unchanged
Days on market: 87

This 4-bedroom single-family home in ZIP 33480 is listed at $10,000,000, or $3,741 per square foot. It has been on the market for 87 days.

Bedrooms

Bathrooms

2,673

Living Sq Ft

1956

Year Built

Estimated monthly payment

$52,554 /mo

Principal and interest only, based on $2,000,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price: $10,000,000
Days on Site: 87 Days
Bedrooms: 4
Total Baths: 4
Full Baths: 4
Partial Baths: 0
Living Area: 2,673 sqft
Total Sq Ft: 3,336 sqft
Lot Size: 0.23 Acres
Year Built: 1956
Property Type: Single Family
MLS #: B26053661
Property Tax: $84,494 (2025)
Subdivision: OCEAN TERRACE
County: Palm Beach
Status: Active
Special Conditions: Standard

About This Property

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.

MLS media link

General Features

Property Type: Single Family
Status: Active
Year Built: 1956
Property Condition: Resale
Number of Stories: 1
Levels: One
Garage Spaces: 1
Attached Garage: Yes
Parking: Attached / Garage
Direction Faces: South
Lot Size (Acres): 0.23
Living Sq Ft: 2,673
Total Sq Ft: 3,336
Structure Type: House
Sewer: Public Sewer
Water Source: Public
Zoning: R-B (city)

Interior Features

Appliances: Cooktop / Dryer / Dishwasher / Electric Cooktop / Freezer / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Tile / Wood
Interior Features: Entrance Foyer / Main Level Primary
Laundry: Inside / Main Level
Main Level Bedrooms: 4
Main Level Baths: 4
Total Rooms: 3

Exterior Features

Construction: Concrete / Stucco
Roof: Tile
Exterior Features: Outdoor Living Area
Private Pool: Yes
Pool Features: In Ground
Patio & Porch: Covered / Patio
Lot Features: Less Than Quarter Acre

Community & HOA

Utilities: Sewer Available / Water Available
Pets Allowed: No Pet Restrictions / Yes
Financing Terms: Cash / Conventional
MLS Area: 5001

Schools

Elementary School: Palm Beach Public
High School: Palm Beach Lakes

About the Community

Ocean Terrace

View Community Details →

Homes for Sale: 1
Under Contract: 1
Median List Price: $10,000,000
Median $/Sq Ft: $3,741
Avg Days on Market: 87

View all 1 homes for sale in Ocean Terrace →

Frequently Asked Questions

How do I schedule a tour of 235 Ocean Terrace, Palm Beach, FL 33480?: Use the Tour button on this listing to request a showing of 235 Ocean Terrace, Palm Beach, FL 33480. 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 235 Ocean Terrace, Palm Beach, FL 33480 still available?: 235 Ocean Terrace, Palm Beach, FL 33480 is currently listed as Active, and has been on the market 87 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 235 Ocean Terrace, Palm Beach, FL 33480?: With 20% down ($2,000,000) on the $10,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 235 Ocean Terrace, Palm Beach, FL 33480 is about $52,554/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 235 Ocean Terrace, Palm Beach, FL 33480?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 235 Ocean Terrace, Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 235 Ocean Terrace, Palm Beach, FL 33480?: 235 Ocean Terrace, Palm Beach, FL 33480 is zoned for Palm Beach Public (elementary), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 235 Ocean Terrace, Palm Beach, FL 33480?: Often, yes. The right offer on 235 Ocean Terrace, Palm Beach, FL 33480 depends on how it's priced against comparable single family sales in Palm 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 Sotheby's Intl. Realty, 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 23, 2026.

$10,000,000

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

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Recently sold homes in ZIP 33480

These are the last 6 recorded closings in ZIP 33480, with the price each home actually sold for rather than what it was listed at. They closed at a median of $2,082 per square foot. The most recent closed on October 16, 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.