Atlantic Luxury AdvisorsKeller Williams Realty Services

18 photos

235 Ocean Ter

Palm Beach, FL 33480

$10,000,000
4
4
2,673 sq ft
10,226 sq ft
1956
1 car
Single Family Residence
Yes
112
Active

Listing courtesy of Sotheby's Intl. Realty, Inc.. Contact: [email protected].

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.

Virtual tour
What it costs to own
Estimated monthly payment
$71,332/mo
Principal and interest
$50,565
Property tax
$14,517
Homeowners insurance
$6,250
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$174,201/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
Not stated in the listing; ask us
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.