When was property at 235 Ocean Terrace built and last sold?

The property at 235 Ocean Terrace was built in 1956 and last sold on Jan 1, 1970 for $695,000.

How much is this home worth?

The estimated value of the home located at 235 Ocean Terrace is $10,099,999.

What are some comparable homes to 235 Ocean Terrace?

There are currently no comparable homes to 235 Ocean Terrace.

Palm Beach

33480

Ocean Terrace

235 Ocean Terrace

Map

$10,000,000

● House - For Sale

235 Ocean Terrace

Palm Beach, FL 33480

4 Beds

4 Baths

2,673 Ft²

$56,143

Est. Monthly

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.

Unit Size

2,673 Ft²

Days on Market

74 days

Land Size

0.23 acres

Price per sqft

$3,741

Property Type

House

Property Taxes

$7,041

HOA Dues

Year Built

1956

Listed By

Todd Peter

[email protected]

Sotheby's Intl. Realty, Inc.

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Last updated: 21 days ago (Beaches MLS #B26053661)

Price History

Date / Event	Date	Event
Jul 17, 2026	Listed by Sotheby's Intl. Realty, Inc.	$10,000,000
Listed by Sotheby's Intl. Realty, Inc.
Jun 7, 1999	Sold	Premium
Sold
Apr 4, 1997	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Parking Details

Has Garage

Attached Garage

Parking Features: Attached, Garage

Garage Spaces: 1

Interior Details

Full Bathrooms: 4

Interior Features: Entrance Foyer, MainLevelPrimary

Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer

Flooring Type: Tile, Wood

Laundry Features: Inside, Main Level

Exterior Details

Square Footage: 2673

Square Footage Source: $0

Property Condition: Resale

Year Built: 1956

Building Area Total: 3336

Levels: One

Construction Materials: Concrete, Stucco

Patio and Porch Features: Covered, Patio

Pool Features: In Ground

Pool is Private

Lot Features: LessThanQuarterAcre

Lot Size Area: 10018.8

Lot Size Units: Square Feet

Lot Size Acres: 0.23

Lot Size Square Feet: 10018.8

Water Source: Public

Financial Details

Tax Annual Amount: $84,494

Utilities Details

Cooling Type: Central Air

Heating Type: Central

Sewer : Public Sewer

Building Info

Overview

General

Year Built: 1956

Effective Year Built: 1985
Building Count: 1
Bedroom Count: 4
Bathroom Count: 4
Full Bathrooms: 3
Partial Bathrooms: 4
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 6
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 483
Parking Space Count: 2
Patio Type: 55
Porch Type: 126
Pool Type: 8
Location Influence Type: 255

Dimensions

Lot Size Square Feet: 10,228

Lot Size Depth Feet: 110
Lot Size Frontage Feet: 910
Total Building Area: 3,336
Gross Building Area: 3,336
Building Area: 2,673
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,673
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: OCEAN TERRACE
Land Acres: 0000000235
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: OCEAN TERRACE W 80.5 FT OF LT 14 & E 10 FT OF LT 15

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003507

Zoning

Zoning: R-B

Geography

Assessors Map Reference: 116

Parcel: 50-43-43-03-03-000-0140
Lot: 14,15
Meridian: SEC 03 TWN 43S RNG 43E
Municipality: PALM BEACH
Latitude: 26.7612
Longitude: -80.0394

Address

Full Address: 235 Ocean Ter

Address - House Number: 235
Address - Street Name: Ocean
Address - Suffix Type: Ter
State: FL
City Name: Palm Beach
Carrier Code: C001
4-Digit Zip Code: 3126
Zip Code: 33480

Valuation

Tax

Total Area: 2,925

Tax Year: 2022
Tax Amount: $2,232,234
Tax Rate Code Area: 50411

Appraisal Valuation

Standard Deviation: 0.2761

Valuation Date: Jan 03, 2024
Confidence Score: 60
Final Value: 3,091,118
High Value: 3,944,791
Low Value: 2,237,445

Market Valuation

Market Total Value: $3,896,157

Market Land Value: $3,570,270
Market Improvement Value: $325,887

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $1,424,810

Sales

Current Sale Recording Date: Jun 07, 1999

Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: Apr 04, 1997
Previous Sale Amount: $475,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Ocean Terrace

Stats & Trends

Median Asking:

$19,000,000

Sale Price/ft²

$4,368

Above Asking

0.00%

Average Days on Market

173

Average Home Size

2673 ft²

Average Home Age

70 years

Currently For Sale

1 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$9,000 /mo

3 Beds
1 Bath
1,296 ft²

520 28th Street, West Palm Beach, FL, 33407 Listing by Seth Koretzky

Unit for rent at 411 26th Street, West Palm Beach, FL, 33407

$6,950 /mo

3 Beds
3 Baths
1,847 ft²

411 26th Street, West Palm Beach, FL, 33407 Listing by David Custons

Unit for rent at 514 52nd Street, West Palm Beach, FL, 33407

$4,500 /mo

2 Beds
2 Baths
768 ft²

514 52nd Street, West Palm Beach, FL, 33407 Listing by Gillian Lieberman

Rentals Near You

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Listed by: Todd Peter
Sotheby's Intl. Realty, Inc.
Last Updated: 21 days ago
Data Source: Beaches MLS, MLS# B26053661

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.