For sale

$10,000,000

235 Ocean Ter, Palm Beach, FL 33480

4beds

2,673sqft

$68,465/mo

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Single Family Residence, Residential

Built in 1956

10,018 Square Feet Lot

$9,179,500 Zestimate^®

$3,741/sqft

$-- HOA

What's special

Dedicated beach accessOne-car garageFour bedroomsLaundry roomLiving and dining roomsWelcoming foyer

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 welcoming 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 o Palm Beach's most desirable North End locations.

41 days
726
27

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Central

Cooling

Central Air

Appliances

Included: Refrigerator, Freezer, Electric Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Oven

Features

Flooring: Tile, Hardwood
Windows: Single Hung

Interior area

Total structure area: 3,336
Total interior livable area: 2,673 sqft

Property

Parking

Total spaces: 1
Parking features: Attached
Attached garage spaces: 1

Features

Levels: One
Patio & porch: Patio
Has private pool: Yes
Waterfront features: None

Lot

Size: 10,018 Square Feet
Dimensions: 90

Details

Parcel number: 50434303030000140
Zoning: R-B - Low Density Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Block, Concrete, Stucco
Roof: Other

Condition

Year built: 1956

Community & HOA

Community

Subdivision: Ocean Terrace

Location

Region: Palm Beach

Financial & listing details

Price per square foot: $3,741/sqft
Tax assessed value: $5,618,386
Annual tax amount: $84,493
Date on market: 7/20/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Estimated market value

$9,179,500

$8.72M - $9.64M

$37,791/mo

Price history

Date	Event	Price
7/17/2026	Listed for sale	$10,000,000+26.7%$3,741/sqft
Source: BeachesMLS #B26053661 Report a problem
10/15/2024	Sold	$7,890,000+1035.3%$2,952/sqft
Source: Public Record Report a problem
6/7/1999	Sold	$695,000+46.3%$260/sqft
Source: Public Record Report a problem
4/4/1997	Sold	$475,000$178/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$84,493 +271.2%	$5,618,386 +271.7%
2024	$22,760 +2.4%	$1,511,581 +3%
2023	$22,235 -0.4%	$1,467,554 +3%
2022	$22,322 -1.8%	$1,424,810 +3%
2021	$22,728 -0.2%	$1,383,311 +1.4%
2020	$22,768 +0.6%	$1,364,212 +2.3%
2019	$22,631	$1,333,541 +1.9%
2018	$22,631 +4.8%	$1,308,676 +2.1%
2017	$21,601 +0%	$1,281,759 +2.1%
2016	$21,592 +2.4%	$1,255,396 +0.7%
2015	$21,080 -3.7%	$1,246,669 +0.8%
2014	$21,900 +2.1%	$1,236,775 +1.5%
2013	$21,450 +0.1%	$1,218,498 +1.7%
2012	$21,419 -6.1%	$1,198,130 -3.8%
2011	$22,817 -0.9%	$1,245,615
2010	$23,034 -7.7%	$1,245,615 -10.7%
2009	$24,957 -8.8%	$1,395,172 -15.2%
2008	$27,373 -5.3%	$1,644,670 -5.2%
2007	$28,906 +4.3%	$1,734,884 +15.8%
2006	$27,709	$1,498,784 +39.9%
2005	--	$1,071,153 +27.2%
2004	$9,179 +8725.9%	$842,170 +1.4%
2003	$104 -99.3%	$830,452 +13.3%
2002	$14,860 +10.6%	$733,034 +12.2%
2001	$13,437 +20.7%	$653,433 +22.2%
2000	$11,132 +15.9%	$534,683 +15.3%
1999	$9,608	$463,719