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Off market
  • $10,087,900

    221 Ocean Ter, Palm Beach, FL 33480

    5beds
    4,844sqft
    SingleFamily
    Built in 2015
    0.29 Acres Lot
    $10,087,900 Zestimate®
    $2,083/sqft
    $68,365 Estimated rent

    Home value

    $10,087,900

    $8.88M - $11.40M

    $68,365/mo

    Zestimate® history
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    $68,792/mo

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    What's special

    Lovely home built in 2015 situated on a private lot with a high elevation on coveted Ocean Terrace in the North End of Palm Beach, just a few homes from the Ocean. Open floor plan with a large living room and family room with French doors leading out to the pool and summer kitchen. Custom state of the art kitchen, marble baths and an elevator to the 2nd floor that offers a spacious master suite, his and her baths & large closets, as well as an additional ensuite bedroom or office. Wood floors throughout, custom lighting, 2 car garage with a large driveway, and a gorgeous pool area. All hurricane impact windows & doors. Ocean Terrace has a deeded wide beach for Ocean Terrace homeowners with a newer cabana offering rest rooms, kitchen and barbeque, a plus to an already wonderful home. (MORE)

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Refrigerator
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,844 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 50434303030000120

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Tile
    Condition
    • Year built: 2015

    Community & HOA

    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $2,083/sqft
    • Tax assessed value: $7,930,905
    • Annual tax amount: $117,538

    Price history

    DateEventPrice
    11/12/2020Sold$4,875,000-16.7%$1,006/sqft
    Source: Palm Beach BOR #20-1060 Report a problem
    10/20/2020Pending sale$5,850,000$1,208/sqft
    Source: Brown Harris Stevens #2000295631 Report a problem
    6/28/2020Listed for sale$5,850,000+6.5%$1,208/sqft
    Source: Brown Harris Stevens #2000295631 Report a problem
    5/3/2018Listing removed$5,495,000$1,134/sqft
    Source: Douglas Elliman #17-1547 Report a problem
    2/14/2018Listed for sale$5,495,000+16.9%$1,134/sqft
    Source: Douglas Elliman #17-1547 Report a problem
    2/1/2018Sold$4,700,000-14.5%$970/sqft
    Source: Palm Beach BOR #17-1547 Report a problem
    1/14/2018Pending sale$5,495,000$1,134/sqft
    Source: Douglas Elliman #17-1547 Report a problem
    10/2/2017Price change$5,495,000-6.9%$1,134/sqft
    Source: Douglas Elliman #17-1547 Report a problem
    7/18/2017Listed for sale$5,900,000+268.8%$1,218/sqft
    Source: Douglas Elliman #RX-10351353 Report a problem
    5/14/2008Sold$1,600,000$330/sqft
    Source: Public Record Report a problem
    4/21/2008Listed for sale$1,600,000+799900%$330/sqft
    Source: Listhub #R2906946 Report a problem
    11/15/2006Sold$200-100%
    Source: Public Record Report a problem
    5/31/2002Sold$1,425,000+68.6%$294/sqft
    Source: Public Record Report a problem
    7/10/2000Sold$845,000+125.3%$174/sqft
    Source: Public Record Report a problem
    7/2/1996Sold$375,000$77/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$117,538 -2.6%$7,930,905 -2.6%
    2024$120,662 -14.2%$8,140,595 -13.3%
    2023$140,566 +49.3%$9,389,987 +91.4%
    2022$94,162 +29.8%$4,906,254 +10%
    2021$72,545 +10.7%$4,460,231 +11.5%
    2020$65,531 -2.4%$4,001,948 -0.7%
    2019$67,140 $4,030,720 +39.6%
    2018$67,140 +44.2%$2,887,332 +2.1%
    2017$46,571 -0.1%$2,827,945 -0.5%
    2016$46,605 -3.3%$2,842,748 +124.5%
    2015$48,204 +108.5%$1,266,084 +10%
    2014$23,114 -2.1%$1,150,985 -11.4%
    2013$23,611 +4.5%$1,298,711 +7.3%
    2012$22,587 +8.5%$1,209,900 +10%
    2011$20,816 -1.5%$1,099,909 -0.5%
    2010$21,129 -7.5%$1,105,878 -10.8%
    2009$22,839 -16.8%$1,240,245 -22.9%
    2008$27,443 -3.6%$1,609,511 -4.4%
    2007$28,466 +8.5%$1,683,692 +16.6%
    2006$26,246 $1,444,282 +20.4%
    2005-- $1,199,341 +29.4%
    2004$10,104 +9615.2%$927,032 +5.8%
    2003$104 -99.3%$875,807 +16.6%
    2002$15,218 +8.4%$750,807 +9.9%
    2001$14,042 +31.1%$683,104 +32.8%
    2000$10,713 +18.2%$514,354 +17.6%
    1999$9,065 $437,495
    Find assessor info on the county website

    Neighborhood: 33480

    Nearby schools

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    Estimated market value
    $10,087,900
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    Estimated market value
    $10,087,900