1040 Ocean Ter

Delray Beach, FL 33483

$2,695,000
Price
4
Beds
2,741 Sq. Ft.
$983 / Sq. Ft.
2,741
Sq. Ft.
$983
per Sq. Ft.

Description

Discover the Charm and Sophistication of This Boutique Beach Area Townhome. Experience the perfect blend of casual elegance and coastal charm in this meticulously designed townhome, featuring a newly renovated private pool and spa. Nestled on a tranquil residential street with no through traffic, this home offers an ideal retreat. Key Features:3 Bedrooms + Den | 3 Baths | 1-Car GarageClassic Chicago Brick driveway adds timeless curb appeal. Inspired by British West Indies architecture, with stunning...Discover the Charm and Sophistication of This Boutique Beach Area Townhome. Experience the perfect blend of casual elegance and coastal charm in this meticulously designed townhome, featuring a newly renovated private pool and spa. Nestled on a tranquil residential street with no through traffic, this home offers an ideal retreat. Key Features:3 Bedrooms + Den | 3 Baths | 1-Car GarageClassic Chicago Brick driveway adds timeless curb appeal. Inspired by British West Indies architecture, with stunning marble and wood flooring throughout. Gourmet kitchen with Corian countertops, designer cabinetry, and a spacious center island. Expansive great room with floor-to-ceiling windows, offering abundant natural light and southern exposure.
  1. Listed by Thomas P Reutter • Reutter Investments Inc.

Property Details for 1040 Ocean Terrace

Subdivision
GLEASON STREET TOWNHOMES
Design
Colonial, Townhouse
Waterfront
No
Waterfront Details
None
View
Pool
Furnished
Unfurnished
Style
Pool Only
LISTING UPDATED: 05/21/2025 10:41 AM

Property Details for 1040 Ocean Terrace

StatusPending
MLS #RX-11082960
Days on Market7
Taxes$26,506 / year
HOA Fees$20 / month
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeSingle Family / Townhouse
Year Built1997
Lot Size0.10 AC / 4,169 SF
CountyPalm Beach County

Location

Listing Courtesy of Reutter Investments Inc.
Add your commute

Building Information for 1040 Ocean Terrace

Stories2Residences4Year Built1997Lot Size0.10 AC / 4,169 SF

Payment Calculator

$16,349 per month

30 year fixed, 6.845% Interest

Principal and Interest

$14,120

Property Taxes

$2,209

HOA Dues

$20

The Payment Calculator is for illustrative purposes only.

Property Information for 1040 Ocean Terrace

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Atlantic Avenue to Ocean Blvd, go south to Ocean Terrace
  • Geo Area: Palm Beach 4130a; 4140b
  • Street Number: 1040
  • Subdivision Complex Bldg: GLEASON STREET TOWNHOMES
  • Municipal Code: Delray Beach
  • State: FL
  • City Postal ID: 33483
  • MLS Area: 4140
  • MLS Sub Area: PB05
Parking
  • Garage Spaces: 1
  • Parking: 2 Or More Spaces, Garage - Attached
  • Covered Spaces: 1
Taxes and HOA Information
  • Governing Bodies: None
  • HOPA: No Hopa
  • Association Deposit: No
  • Tax Year: 2024
  • Application Fee: $.00
  • HOA Dues: $20
  • Type of Governing Bodies: None
Property
Lot Information
  • Area: 4140
  • Front Exp: North
  • HOA Amenities: Mandatory
  • Lot Description: < 1/4 Acre
  • Parcel ID: 12434616d80000030
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 3,143
  • Square Ft Source: Tax Rolls
  • Ttl Units in Complex: 4
  • Zoning: RM(cit
  • Front Exposure: North
Property and Assessments
  • Legal Desc: GLEASON STREET TOWNHOMES LT 3
  • Sq Ft Liv Area: 2741.0
  • Legal Description: GLEASON STREET TOWNHOMES LT 3
Utilities
  • Utilities: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Equip/Appl Included: Dryer, Microwave, Range - Electric, Refrigerator, Washer, Water Heater - Elec
  • Exterior Features: Auto Sprinkler, Awnings, Covered Patio
  • Private Pool: Yes
  • Security: Burglar Alarm
  • Storm Protection: Impact Glass: Partial
  • Storm Protection: Panel Shutters: Partial
  • Subdiv Amenities: None
  • Laundry Appliances: Washer and Dryer
  • Gated Community YN: No
Interior Features
  • Roof: Metal
  • W/D Allowed: Yes
  • Cooling: Central
  • Flooring: Marble, Wood Floor
  • Heating: Central
  • Interior Features: Roman Tub, Volume Ceiling
  • Main Level Bedrooms: 1
  • Main Level Bathrooms: 1
  • Guest Accommodations: No
  • Master Bath Features: Separate Shower, Separate Tub
  • Master Bathroom Description: Separate Shower, Separate Tub
  • Baths Total: 3
  • Spa Features: In Ground
  • Spa: Yes
Master Bedroom
  • Primary Bedroom/Bath: Separate Shower, Separate Tub
Multi Family
Multi-Family Information
  • Stories: 2.0
Rental
Rental Information
  • Pets on Premises: No
  • Other Fees: $0
  • Pets Allowed: Yes

Property History for 1040 Ocean Terrace

DateEvent & SourcePriceAppreciation
May 21, 2025

Pending

RAPB #RX-11082960

May 3, 2025

Backup Contract

RAPB #RX-11082960

May 2, 2025

Pending

RAPB #RX-11082960

Apr 18, 2025

Listed (Active)

RAPB #RX-11082960

$2,695,000
Nov 30, 2012

Sold

RAPB #RX-3281967

$950,000
Nov 23, 2012

Sold (Public Record)

Public Record #344938372

$950,000

-4.0% / yr

Nov 9, 2012

Pending

RAPB #RX-3281967

May 15, 2012

Listed (Active)

RAPB #RX-3281967

$995,000
Jun 19, 2007

Cancelled

RAPB #RX-2740401

Nov 6, 2006

Listed (Active)

RAPB #RX-2740401

$1,495,000
Mar 21, 2006

Sold (Public Record)

Public Record #196031878

$1,250,000

+16.8% / yr

Jul 21, 2001

Sold (Public Record)

Public Record #75869914

$605,000
DateEvent & SourcePrice
05/21/2025

Pending

RAPB #RX-11082960

05/03/2025

Backup Contract

RAPB #RX-11082960

05/02/2025

Pending

RAPB #RX-11082960

04/18/2025

Listed (Active)

RAPB #RX-11082960

$2,695,000
11/30/2012

Sold

RAPB #RX-3281967

$950,000
11/23/2012

Sold (Public Record)

Public Record #344938372

$950,000

-4.0% / yr

11/09/2012

Pending

RAPB #RX-3281967

05/15/2012

Listed (Active)

RAPB #RX-3281967

$995,000
06/19/2007

Cancelled

RAPB #RX-2740401

11/06/2006

Listed (Active)

RAPB #RX-2740401

$1,495,000
03/21/2006

Sold (Public Record)

Public Record #196031878

$1,250,000

+16.8% / yr

07/21/2001

Sold (Public Record)

Public Record #75869914

$605,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1040 Ocean Terrace

Taxable ValueLand-Additions$1,537,400Total-
Tax Record2024$26,506 ($2,209 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt2,741 SqFtAbove Grade Finished SqFt2,741 SqFtStories2Lot Size4,169 SqFtStyleTownhouseYear Built1997CountyPALM BEACHAPN12-43-46-16-D8-000-0030

Schools near 1040 Ocean Terrace

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Pine Grove Elementary School
PublicPK to 5

Carver Middle School
Public6 to 8

Atlantic High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Reutter Investments Inc.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.