What did 628 Southwind Circle sell for?

628 Southwind Circle sold for $3,660,000 on Oct 15, 2026, about 91.6% of its last asking price of $3,995,000 and about $332 per square foot. Recent sales like this one are what buyers and sellers nearby price against.

What are the property taxes on 628 Southwind Circle?

The listing reported annual property taxes of $33,405 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.

When was 628 Southwind Circle built?

628 Southwind Circle was built in 1968 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long was 628 Southwind Circle on the market?

628 Southwind Circle was on the market for 56 days before it sold, after the asking price was reduced from $4,450,000 to $3,995,000.

Is 628 Southwind Circle waterfront?

Yes. The listing described the water as fixed bridge ocean access river access canal front lagoon navigable water canal width 121 feet or more.

Which schools serve 628 Southwind Circle?

The MLS lists The Conservatory School at North Palm Beach (elementary), Howell L. Watkins (middle), Palm Beach Gardens (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

Is 628 Southwind Circle still for sale?

No. 628 Southwind Circle sold on Oct 15, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

628 Southwind Circle, North Palm Beach, FL 33408

Sold $3,660,000 · Oct 15, 2026

Last asking price $3,995,000 · 91.6% of asking · 56 days on market

0 baths
11,040 sq ft
Quadruplex
Built 1968
Lot 19,602 sq ft
Palm Beach County
MLS# B26035280
North Palm Beach Village

ChatGPT Image May 30, 2026, 03_04_01 PM at 628 Southwind Circle, North Palm Beach

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ChatGPT Image May 30, 2026, 02_56_54 PM at 628 Southwind Circle, North Palm Beach

ChatGPT Image May 30, 2026, 02_55_08 PM at 628 Southwind Circle, North Palm Beach

ChatGPT Image May 30, 2026, 02_52_55 PM at 628 Southwind Circle, North Palm Beach

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About this home

Presenting one of the most unique multifamily properties in all of Palm Beach County, welcome to Cutler's Cove in North Palm Beach. This waterfront, twelve (12) unit apartment complex is 100% leased with virtually zero turnover in the last five years is the cash cow you have been waiting for! Cutler's Cove has a diverse unit mix consisting of five (5) one bedroom units, five (5) two bedroom units, one (1) three bedroom unit, and a studio apartment with a GLA of approximately 11,040 SF and an average of 829 SF per unit. Additionally, this property is also situated on an enormous cove with 210' of linear water-frontage, providing tenants beautiful waterfront views that demand a premium. This water-frontage gives any value-add investor the rare ability install a large dock capable of accommodating several boat slips, which will undoubtedly produce additional rental income. With just one fixed bridge (with a maximum height clearance of 17') before hitting the intracoastal waterway, this is truly one of the most unique value-add opportunities in South Florida's multifamily market. All twelve (12) units were renovated after the current owner purchased the property and every unit has ceramic tile floors, durable millwork throughout, and granite countertops in both the kitchen and bathrooms. Each unit also has its own private, waterfront balcony with beautiful views at any time of the day. other building amenities include complete hurricane impact windows & doors, two staircases on either side of the building, and most importantly, a top of the line elevator for tenants unable to utilize stairs. The exterior of the building was painted within the last twelve months and the asphalt parking lot was redone and re-striped at the same time. Currently, the gross monthly income is approximately $20,500 which gives an average for all twelve units of only $1.85 PSF and is far below current market rates in the area. In addition, all twelve units are on month-to-month leases, which gives any investor the ability to raise rents immediately after the acquisition. When comparing the average rent per unit at the subject property ($1,705/month) to the Palm Beach County average ($2,530/month), it is clear to see that there is a massive opportunity for growth here with this asset. For the conservative investors, bumping the average rent to an affordable rate of $2,000/month (20% below county average) per unit would still generate a 17% increase to the monthly gross income without spending a dollar and would take the annual income from $245,460 to $288,000 overnight. Opportunities like this do not last long!

Features

Other
Balcony
Fixed Bridge
Ocean Access
River Access
Canal Front
Lagoon
Navigable Water
Canal Width 121 Feet or More

Schools

Elementary: The Conservatory School at North Palm Beach
Middle: Howell L. Watkins
High: Palm Beach Gardens

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida LLC · brokerfl@compass.com · Listing agent: Sean Mooney

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

What is your home worth?

628 Southwind Circle sold on Oct 15, 2026. If you own nearby, get a free home valuation or see homes for sale in North Palm Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 628 Southwind Circle

What did 628 Southwind Circle sell for?: 628 Southwind Circle sold for $3,660,000 on Oct 15, 2026, about 91.6% of its last asking price of $3,995,000 and about $332 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 628 Southwind Circle?: The listing reported annual property taxes of $33,405 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 628 Southwind Circle built?: 628 Southwind Circle was built in 1968 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 628 Southwind Circle on the market?: 628 Southwind Circle was on the market for 56 days before it sold, after the asking price was reduced from $4,450,000 to $3,995,000.
Is 628 Southwind Circle waterfront?: Yes. The listing described the water as fixed bridge ocean access river access canal front lagoon navigable water canal width 121 feet or more.
Which schools serve 628 Southwind Circle?: The MLS lists The Conservatory School at North Palm Beach (elementary), Howell L. Watkins (middle), Palm Beach Gardens (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
Is 628 Southwind Circle still for sale?: No. 628 Southwind Circle sold on Oct 15, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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Nearby Cities

North Palm Beach Neighborhoods

Nearby ZIP Codes

North Palm Beach neighborhoods include Old Port Cove and Lost Tree Village. Nearby ZIP codes include 33410 and 33412. This property also neighbors Palm Beach Gardens, West Palm Beach, and Palm Beach. Compare it with the North Palm Beach housing market report.