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628 Southwind Cir
North Palm Beach, FL 33408 North Palm Beach Village

$4,450,000 USD

Apartments For Sale  •  11,040 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,040 SF
  • Lot Size 0.45 AC
  • Building Class C
  • Year Built 1968
  • Cap Rate 4.89 %
  • Zoning R3
20 Transit Score
50 Walk Score

Highlights

210' of Linear Waterfrontage + Intracoastal Access
Cash Cow Property with 100% Occupancy
Rare Value Add Opportunity in The Heart of Palm Beach County
Additional Rental Income Opportunity with New Dock + Boat Slips

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $217,510 USD (2026)
Cap Rate: 4.89 %
Total Expenses: $111,206 USD

Major Tenants

Tenant SF Occupied Lease End Date
Help Americans Inc

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Fenced Lot
  • Waterfront
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Views
  • Elevator
  • Family Room
  • Wheelchair Accessible (Rooms)

Public Transportation

Commuter RailDriveWalkDistance
Mangonia Park (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 11 min - 4.9 mi
West Palm Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 17 min - 8.2 mi
AirportDriveWalkDistance
Palm Beach International 23 min - 14.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Sean Mooney 561-789-7208 Compass
Sean Mooney 561-789-7208 Compass