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Slice RealtyPropiedad Futura

$10,000,000

4 bd · 4 ba · 2,673 sq ft · Single Family Residence

235 Ocean Terrace, Palm Beach FL 33480

For Sale · Active listing

Est. payment $55,390/mo · Mortgage calculator

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

Contact: 561-281-0031 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

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 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.

Facts
MLS #
B26053661
Subdivision
OCEAN TERRACE
Property type
Residential
Property subtype
Single Family Residence
Sq. ft.
2,673
Price per sq. ft.
$3,741 / sq ft
Year built
1956
Lot size
0.23 acres
Days on market
94
County
Palm Beach County
Date listed
Jul 17, 2026
Last updated
Oct 19, 2026
Financial considerations
Taxes
$84,493 (2025)
HOA amenities
Private Pool
Exterior features
Waterfront
No
Parking spaces
4
Roof
Tile, Tile Roof
Interior features
Heating
Central
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
Additional features
Entrance Foyer
Additional features
Pets allowed
Yes

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-15). Estimate only.

Loan amount$8,000,000
Total cost of mortgage$19,940,538
Monthly payment$55,390

Local context (our analysis)

Area stats are available for our covered neighborhoods. See neighborhoods.

Source: Southeast Florida MLS (SEFMLS). Last updated Oct 19, 2026, 8:13 AM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided 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.