North Palm Beach, FL Apartment buildings for sale

Updated: Jun 1

Waterfront 12-Unit Apartment Complex

628 Southwind Circle, North Palm Beach, FL 33408

$3,995,000

11,040 sqft 0.45 AC lot

12‑unit multifamily on navigable waterfront with ocean/river access, lagoon views, and 210' of linear water frontage
Unit mix: 5 one‑bedroom, 5 two‑bedroom, 1 three‑bedroom, and a studio; total GLA approx 11,040 SF (avg 829 SF/unit)
All units renovated by the current owner with ceramic tile floors, durable millwork, granite kitchen and bathroom countertops, and private waterfront balconies
Building features hurricane impact windows & doors, elevator, and two staircases on either side of the building
Flat‑roof construction (concrete block with stucco) and central heating/cooling with ceiling fans

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This listing looks promising.

Here's a quick look at some key insights for

628 Southwind Circle, North Palm Beach, FL 33408

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Est. Cap Rate

4.3%
NOI ÷ price
Est. NOI

$170K
Annual
Price @ 7% Cap

$2.43M
Suggested
Property Type

Apartments (Generic)
Built 1968

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Updated: Apr 3

Juno Beach Multifamily Investment Opportunity

1853 Service Rd, North Palm Beach, FL 33408

$1,190,000

Ideal for vacation/short‑term rental near the beach and the new Ritz Carlton Residence.
Cash flow from day one with potential for growth due to below‑market rents.
2021 roof and fully updated electrical (2024).
Units 2 & 4 have been recently fully renovated.
Newer central A/C in all units and newer appliances.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in North Palm Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

16-Unit Multifamily Investment Property

218 7th St, Lake Park, FL 33403

$2,950,000

13,338 sqft

Concrete-block apartment community across two contiguous parcels totaling 16 units with central air and window-unit systems.

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Multi-Family Development Site

3414 Broadway, West Palm Beach, FL 33407

$415,000

Development site with approval for up to an eight-unit apartment building in West Palm Beach.

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Renovated Multifamily Property Near Downtown

1530 Crescent Cir, West Palm Beach, FL 33403

$2,400,000

Fully renovated 8-unit multifamily property near Downtown West Palm Beach.

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20-Unit Condo Community with Retail

801 Park Ave, Lake Park, FL 33403

Contact for pricing

Built in 2018, the property includes 20 condo-quality units plus 10,664 sq. ft. of unfinished ground-floor retail space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Multifamily Land Parcel

141 104TH Avenue, Treasure Island, FL 33706

$2,225,000

0.34 AC lot

Waterfront residential lot on a canal with multifamily zoning allowing up to five units.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000

143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in North Palm Beach, FL

Consider similar Off-Market properties in North Palm Beach, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

1919 Doffer Ln, North Palm Beach, FL 33408-3030

$1,505,000

Estimated value

3,529 sqft 0.89 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

735 Hummingbird Way, North Palm Beach, FL 33408-5153

Unit 101

$2,025,000

Estimated value

4,784 sqft 1.10 AC lot

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Multifamily properties

1803 Service Rd, North Palm Beach, FL 33408

Value Estimation by Request

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North Palm Beach, FL Apartment Buildings Market Trends and Statistics

Explore 5 apartment buildings for sale in North Palm Beach, FL on our real estate platform. These investment opportunities span a total of 11,040 square feet of properties for sale, with an estimated market value of $3,995,000.

Sale prices for two-family homes in North Palm Beach, FL start at $3,995,000, averaging $3,995,000, and reaching up to $3,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
33408	$2.8M

Neighborhood

Average Price

33408

$2.8M

North Palm Beach, FL Apartment Buildings for Sale

628 Southwind Circle, North Palm Beach, FL 33408

1853 Service Rd, North Palm Beach, FL 33408