235 Ocean Terrace, Palm Beach FL 33480, Palm Beach
$10,000,000
Palm Beach, FL, 33480
Property details
- Bedrooms
- 4
- Bathrooms
- 4
- Living area
- 2,673 sqft
- Year built
- 1956
- Type
- Single Family Residence
- Days on market
- 11
- MLS #
- B26053661
Listing courtesy of Sotheby's Intl. Realty, Inc. · 561-659-3555. Listing agent: Todd Peter. MLS data last updated 2026-07-28.
Description
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.
235 Ocean Terrace, Palm Beach FL 33480, Palm Beach — for sale, listed for $10,000,000 (4 bed, 4 bath, 2,673 sqft).
31 4-bed listings for sale in 33480 · median $11,799,000.
Price-reduction climate
42% of 31 active 4-bed listings for sale in 33480 are listed below their original asking price.
n=31 · 2026-07-29 · Methodology
Local market report
Run the numbers
Market trend (our weekly archive)
Our weekly snapshot archive tracks the median for 4-bed listings for sale in 33480: $3,610/sqft in 2026-W30 to $3,610/sqft in 2026-W31.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=31 · 2026-07-29 · Methodology
Current market segment
Right now: 31 active 4-bed listings for sale in 33480, median asking price $11,799,000, median $3,610/sqft.
n=31 · 2026-07-29 · Methodology
Browse this price segment
n=106 · 2026-07-29 · Methodology
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology
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