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For sale

235 Ocean Terrace

Palm Beach, FL 33480

$10,000,000

$3,741/ft²

4Beds
4Baths
2,673Sq ft
1956Year built
Single-family homeType

About this home

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 of Palm Beach's most desirable North End locations.

Features

  • Private pool

Property details

Listing

MLS #
B26053661
Status
For sale
Listed on
Jul 17, 2026
Days on market
23 days
Listing data updated
Aug 7, 2026

Interior

Beds
4
Baths
4
Living area
2,673 ft²
Price per ft²
$3,741/ft²

Building & community

Type
Single-family home
Year built
1956
County
Palm Beach

Lot & exterior

Lot size
10,226 ft²
Private pool
Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest)
$50,565
Property taxes (est.)
$9,167
Home insurance (est.)
$600
Flood insurance (est.)

Estimated total$60,332*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Location

Mortgage calculator

$50,565/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.

Equal Housing Opportunity

This listing is courtesy of Sotheby's Intl. Realty, Inc..

Todd Peter · 561-281-0031 · todd.peter@sothebys.realty · 561-659-3555

Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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