29 Oct Ocean Terrace North Highland Beach Condos: Prices, Inspections & SIRS (2026)

Ocean Terrace North Highland Beach Condos: Prices, Inspections & SIRS (2026)

Ocean Terrace North is a condominium at 3115 S Ocean Blvd in Highland Beach, built in 1981, with residences priced $1.35 million to $3.6 million. County records list 43 residences. County parcel maps show it east of A1A, with no other parcel between it and the beach.

Ocean Terrace North at a Glance

Prices and Recent Listings

Asking prices for residences at Ocean Terrace North as of October 2026 ran from $1.35 million to $3.6 million, depending on floor, view, size and renovation.

Recorded Sales Since 2023

Palm Beach County Property Appraiser records show 6 recorded condominium sales of $100,000 or more at Ocean Terrace North since January 2023, with a median price of $1.39 million. The highest was $2.9 million in September 2025. Checked November 4, 2026.

The five most recent sales. County records show the sale date and price; they don’t show condition, furnishings or what else was included. Source: Palm Beach County Property Appraiser sales search.

Inspection Status

Because the building turned 30 before July 1, 2022, its first statewide milestone inspection was due by December 31, 2024. The next one is due about 10 years after that.

Highland Beach adopted its own building recertification ordinance in 2021. As first approved, it required structural and electrical inspections by engineers at 25 years for buildings taller than three stories; the town revised it in 2022 to align with state law, so confirm the current schedule with the Town Building Department (561-278-4548).

Florida requires milestone inspections for condo buildings of three or more stories. Phase 1 is a visual review by a licensed engineer or architect; Phase 2 is required only if Phase 1 finds substantial structural deterioration, and repairs must begin within 365 days of the Phase 2 report. Since January 1, 2026, associations with 25 or more units must post milestone reports, the structural integrity reserve study and the budget on their website.

Reserves, SIRS and Assessments

Since budgets adopted after December 31, 2024, Florida condo associations can no longer waive or reduce reserves for the roof, structure, fireproofing, plumbing, electrical, waterproofing, windows and doors. That has raised monthly dues in many older oceanfront buildings. When comparing residences, review the current budget, the reserve balance and any planned or pending special assessments.

What Buyers Should Ask For

• The milestone inspection summary, if the building has had a milestone inspection (ask for any Phase 2 report too)
• The most recent structural integrity reserve study, or a statement that none has been completed
• The annual budget and financial statement, plus the reserve balance and any special assessments
• Board minutes from the past year, for planned repairs

For a resale, Florida law (section 718.503(2)) entitles the buyer, at the seller’s expense, to the declaration, articles, bylaws and rules, annual financial statement and budget, Q&A sheet, milestone inspection summary (if applicable), the most recent SIRS or a statement that none exists, and any turnover inspection report. Unless the buyer received them more than 7 days before signing, the buyer may cancel within 7 days (excluding weekends and legal holidays) after signing and receiving them, until closing. A buyer purchasing from the developer has 15 days (section 718.503(1)). Board minutes, reserve balances and special-assessment details are not on the statutory list; request them separately. Read our complete guide to Florida condo milestone inspections and SIRS.

Full list: see our Florida condo due diligence checklist, with every document to get before you sign and the Florida statute behind each one.

Frequently Asked Questions

How much does a residence at Ocean Terrace North cost?

Listed residences at Ocean Terrace North are priced $1.35 million to $3.6 million as of October 2026.

When is the milestone inspection due at Ocean Terrace North?

Under Florida’s statewide rule for buildings of three or more stories, the first milestone inspection deadline for Ocean Terrace North is December 31, 2024, with another about every 10 years after that. Highland Beach adopted its own recertification ordinance in 2021 and revised it in 2022 to align with state law, so confirm the current schedule and the latest report with the association and the Town Building Department.

Is Ocean Terrace North on the ocean?

Yes. County parcel maps show the property east of A1A, with no other parcel between it and the beach.

More Highland Beach Condos

• Every Highland Beach condo from $1 million
• Highland Beach, FL guide
• 3621 South Ocean Villas, Highland Beach
• Townhouses of Highland Beach, Highland Beach
• Highland Place, Highland Beach
• Florida condo milestone inspection and SIRS guide (2026)

Last updated October 24, 2026. Building details come from county property records, public listings and government sources and are deemed reliable but not guaranteed. Prices are asking prices or estimates as of the date shown. Not legal, financial or engineering advice. Full disclaimer