235 OCEAN TER, PALM BEACH, FL 33480
Parcel: 50434303030000140 · Single Family · Zoning: 001
Assessed Value (2026)
$5,618,386
Property Details
Year Built
1956
Lot Sqft
10,230
Sales History
1
$7,890,000
2024-10-01
2
$7,890,000
2024-10-02
3
$7,890,000
2024-10-15
4
N/A
2024-10-15
Tax Assessment History
$5,618,386
Assessed (2026)
$5,618,386
Market Value
$5,618,386
Taxable Value
$114,386
Annual Tax
2025
$5,618,386
2026
$5,618,386
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $5,618,386 | $5,618,386 | $5,618,386 | $114,386 | $5,437,050 | $181,336 |
| 2025 | $5,618,386 | $5,618,386 | $5,618,386 | $114,386 | $5,437,050 | $181,336 |
About 235 OCEAN TER, PALM BEACH, FL 33480
235 OCEAN TER, PALM BEACH, FL 33480 is a property built in 1956 on a 10,230 square foot lot. The property is currently owned by SMITH GARY, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2024-10-15 for $7,890,000. There are 4 recorded sales for this property. The 2026 assessed value is $5,618,386 with a market value of $5,618,386.
This breaks down to $5,437,050 for the land and $181,336 for the building. The median household income in this area is $250,001, and the median home value is $2,000,001. The population density is 1,713 people per square mile.
235 OCEAN TER, PALM BEACH, FL 33480 is located in PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this PALM BEACH property are sourced from palm_beach County public records. The complete ownership history of this property spans from 2024 to 2024, with 4 recorded transactions in the public record.
The current assessed value represents 71% of the most recent sale price..
Current Owner
SMITH GARY
232 ANGLER AVE, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$61,078 — $112,044
Flood $400 — $800
Property/Wind $60,678 — $111,244
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$250,001
Median Home Value$2,000,001
Pop. Density1,713/sq mi
Neighborhood 33480
84.6%
Owner-Occ
15.4%
Investor
6,443
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
MODERATE
31
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