South Florida New Construction · West Palm Beach · Alba Palm Beach
It is finished, and the townhomes are gone.
By Josh Stein · Florida license SL3057661 · Updated 29 September 2026
Verified 24 September 2026Palm Beach County Property Appraiser, Florida YIMBY, PROFILEmiami +14 more17 sources
Developer rendering of the arrival canopy and curved louvred facade at Alba Palm Beach, West Palm Beach
Developer rendering of the sunset pool deck at Alba Palm Beach
Developer rendering of the lobby at Alba Palm Beach
Developer rendering of a residence living room at Alba Palm Beach
Developer rendering of a 19th-floor terrace and the Intracoastal view at Alba Palm Beach
Developer rendering of a residence kitchen at Alba Palm Beach
Developer rendering of a primary bedroom at Alba Palm Beach
Developer rendering of a primary bathroom at Alba Palm Beach
Developer rendering of the owners lounge at Alba Palm Beach
Why you will not find a price history for this building.
Alba Palm Beach is finished — trade coverage of 22 June 2026 reports a completed building with move-ins under way, its townhomes sold out and 95% of the direct water-view residences sold. But the Palm Beach County Property Appraiser’s roll has not caught up: on 24 September 2026 it still carried the whole site as one vacant parcel, with no individual condominium folios. Buyers close against a declaration recorded with the Clerk, and the Property Appraiser splits the parcel into folios afterwards, so a building can be finished and selling while the roll still shows land. It means there are no appraiser-recorded sales or assessments to compare here yet, and anyone quoting you a county comparable is using a listing service, not the public record. This page explains what that means for checking a price.
Key Takeaways
- 🔴 It is finished, and the townhomes are gone — Florida YIMBY reported on 14 April 2025 that Alba had topped off and on 22 June 2026 that it was complete with move-ins under way. The townhomes are reported sold out and 95% of the direct water-view residences are reported sold (PROFILEmiami, 25 June 2026, says the building is 95% sold). The developer’s website reads “Now Offering Immediate Occupancy” (24 September 2026).
- 🔴🔴 And the Palm Beach County Property Appraiser shows no home here — and no sale on the parcel — Its roll carries the entire 1.73-acre site as ONE vacant parcel with $0 of improvement value, zero condominium folios and, on the parcel’s own page, “No Sales Information Available” (read 24 September 2026). There is no assessed value and no comparable for any residence at Alba.
- ⭐ The likely reason is a calendar — Florida values real property as of 1 January, and improvements not substantially completed on that date “shall have no value placed thereon” (Florida Statutes 192.042). The Real Deal called Alba “nearly completed” on 9 January 2026, and its completion was announced in late June 2026. The appraiser has not said that this is why. ⭐ Compare Nautilus 220 in the same county, whose certificate of occupancy was issued on 22 December 2025, ten days before the date: its entire declaration was already split into 348 folios.
- ⚠️ The only individual sale price I have found is a press report, not a deed — A waterfront townhome was reported sold at $10,660,000 in February 2025 (PROFILEmiami, 26 February 2025). It cannot be verified on the appraiser’s roll, which shows no sale on the parcel, and I have not searched the Clerk’s official records. It is reported as a trade-press figure and nothing more.
- ⭐ What the county does say: the land alone is carried at $15,067,400 — the 2026 preliminary value. That is exactly $200.00 per square foot across 75,337 square feet. ⭐ Note the assessed figure is only $6,037,110, or 40.1% of market value: it rose exactly 10.0% in each of 2025 and 2026, consistent with Florida’s 10% non-homestead cap, and a preview of the tax reset when a property changes hands.
- 🔴 Who is behind Alba — BGI Companies with Blue Road are named as the developers (Florida YIMBY, 22 June 2026; some coverage styles the firm BGI Capital), built by Moss Construction and marketed exclusively by ONE Sotheby’s International Realty. The county lists Scuba Club WPB LLC as owner of the parcel; I have not found a source that says how that entity relates to BGI and Blue Road, so confirm the sponsor in the recorded declaration and offering documents.
- ⚠️ And do not confuse it with the project next door — There is a different, later project called Alba Reserve at 4720 N Flagler Drive: a proposed tower of about 30 storeys that the city planning board rejected 6–1 on 19 May 2026, with city commissioners to decide (Palm Beach Post, 27 May 2026). Similar name, adjacent block, a separate building.
- Bought pre-construction at Alba Palm Beach? — before closing, a sale is usually an assignment of your purchase contract, and whether that is allowed depends on its assignment clause; after closing it is an ordinary resale. Ask Josh what your unit could sell for at delivery on WhatsApp.
Alba Palm Beach, by the numbers
Developers: BGI Companies, Blue Road · Architect: Spina O’Rourke + Partners · 95% sold, townhomes sold out (Florida YIMBY, 22 June 2026); residences begin at $2.5 million (South Florida Agent Magazine, 17 August 2026), while the developer’s website read “Starting just under $3 Million” on 24 September 2026.
4714 N. Flagler Drive, West Palm Beach, Florida 33407 | Neighborhood: West Palm Beach
Alba Palm Beach is a 22-storey, 55-residence condominium on the Intracoastal at 4714 North Flagler Drive in West Palm Beach, developed by BGI Companies with Blue Road Group and designed by Spina O’Rourke + Partners. It is finished, and move-ins were under way as of 22 June 2026. The unusual thing about this page is that the county roll does not yet show any of it — and the reason why is worth understanding before you rely on any price anyone quotes you here.
Is Alba Palm Beach built? Yes
| Date | What is on the record |
|---|---|
| 24 February 2022 | Sales launch, Douglas Elliman leading sales; “prices starting at $2.5 million”, 30% reserved in the first week (The Real Deal) |
| 11 January 2024 | ONE Sotheby’s International Realty takes over sales; 45% presold, “Prices for Alba start at $3 million”, completion planned for late 2025 (The Real Deal) |
| 26 February 2025 | A waterfront townhome is reported sold at $10,660,000, described as the final premier townhome. The building “closes in on 60% sold” and “approaches the topping-off of its 15th floor”; prices “starting below $3 million”; completion then “early 2026” (PROFILEmiami) |
| 14 April 2025 | Florida YIMBY reports the building topped off at 22 storeys, 55 residences: “60 percent sold”, pricing for remaining residences “just under $3 million”, the $10.66 million townhome called “the last remaining townhome” by ONE Sotheby’s, completion “early 2026” |
| 9 January 2026 | The Real Deal: Alba is “nearly completed”, “set for completion this spring” and 70% pre-sold, per developer Kenneth Baboun; prices “started at $2.5 million” |
| 22 June 2026 | 🔴 COMPLETE. Florida YIMBY: new photographs show a finished building, move-ins under way, townhomes sold out and 95% of direct water-view residences sold; residences begin at $2.5 million |
| 25–26 June 2026 | Developer announcement: Alba “has officially completed construction and is now 95% sold”, with remaining residences “starting at approximately $2.5 million” (Traded, 26 June; PROFILEmiami, 25 June) |
| 17 August 2026 | South Florida Agent Magazine reports the grand opening: “Residences begin at $2.5 million” |
| 24 September 2026 | The developer’s website reads “Now Offering Immediate Occupancy” and “Starting just under $3 Million” |
Every dated source after February 2025 describes a building that is finishing or finished. The completion date moved: late 2025 in January 2024, early 2026 in February and April 2025, “this spring” in January 2026, and completion announced in late June 2026; I have not found a source that says why. Two figures need care. The 95% sold is 95% of the “direct water-view residences” in Florida YIMBY (22 June 2026) but “95% sold” for the building in PROFILEmiami (25 June 2026) and the developer’s release (26 June 2026), and none of them says how many of the 55 residences remain. And the starting price is $2.5 million in coverage through 17 August 2026 but “just under $3 Million” on the developer’s own website on 24 September 2026.
What Alba Palm Beach actually is
| Address | 4714 N Flagler Drive, West Palm Beach, FL 33407 — matches the county exactly |
| Storeys | 22 |
| Residences | 55 — two- and three-bedroom condominiums plus four-bedroom waterfront townhomes (four townhouses per The Real Deal, 11 January 2024; reported sold out by Florida YIMBY, 22 June 2026) |
| Penthouses | Horizon Penthouse Collection: six residences on floors 19 to 21, with 11-foot ceilings and private elevator access (Florida YIMBY, 22 June 2026) |
| Site | 1.7295 acres — 75,337 sq ft, direct Intracoastal frontage; the developer’s website says “No fixed bridges to Atlantic Ocean” |
| Developers | BGI Companies (Kenneth Baboun) with Blue Road Group (some coverage styles the firm BGI Capital) |
| Architect | Spina O’Rourke + Partners |
| General contractor | Moss Construction |
| Sales and marketing | ONE Sotheby’s International Realty, exclusive sales and marketing team, since January 2024 (The Real Deal, 11 January 2024; Florida YIMBY, 22 June 2026) |
| Owner of record (county) | Scuba Club WPB LLC, on the Property Appraiser’s page for the parcel (24 September 2026); the developer’s website copyright line names the same entity |
| Amenities | More than 25,000 sq ft, including a TechnoGym fitness floor over the Intracoastal, spa with sauna and steam, dog spa, and cold-storage lockers |
| Status | Complete. Move-ins under way as of 22 June 2026 (Florida YIMBY); grand opening reported 17 August 2026; the developer’s website reads “Now Offering Immediate Occupancy” (24 September 2026) |
🔴 Who stands behind this building is worth checking by entity name. Trade coverage names BGI Companies (some coverage styles it BGI Capital) with Blue Road as developers, Moss Construction as general contractor and ONE Sotheby’s International Realty as the exclusive sales and marketing team. The Property Appraiser lists Scuba Club WPB LLC as the owner of the parcel, and the same name is in the copyright line of the developer’s website; I have not found a source that says how that entity relates to BGI and Blue Road. That matters more than it sounds: when you are checking who stands behind a building, the entity list is the thing to check, and the sponsor entity is one to confirm in the recorded declaration and offering documents.
The building
Twenty-two storeys on North Flagler Drive, facing the Intracoastal. The images on this page are the developer’s renderings, not photographs of the finished building; Florida YIMBY published photographs of the completed tower on 22 June 2026.
Why the county has no record of it — and why that is temporary
This is the part worth reading slowly, because it will make you a harder buyer.
The Palm Beach County Property Appraiser records the entire Alba site as one parcel of vacant land. Not 55 homes — one parcel (74-43-43-03-27-001-0000, plat “Alba Residences”, owner of record Scuba Club WPB LLC). Classified vacant, with $0 of improvement value, a 2026 preliminary market value of $15,067,400 that is 100% land, and, on the parcel’s own page, “No Sales Information Available” (read 24 September 2026). One caution: The Real Deal reported on 9 January 2026 that the developer acquired the 1.7-acre Alba site for $5.8 million in 2020. That sale is not on this parcel’s record, which first carries value on the 2024 roll, and I have not found a source that says why.
⭐ The likely explanation is a calendar. Florida values real property as of 1 January, and improvements “not substantially completed on January 1 shall have no value placed thereon” (Florida Statutes 192.042). Alba was still under construction on 1 January 2026 — The Real Deal called it “nearly completed” on 9 January 2026 — and its completion was announced in late June 2026, about six months after the snapshot. The Property Appraiser has not said that this is why the parcel is still vacant land, and I have not found a certificate-of-occupancy date for Alba. If it was substantially complete by 1 January 2027, it should appear on the 2027 roll.
⭐⭐ And here is a comparison that fits the calendar explanation. Nautilus 220, in the same county, took its certificate of occupancy on 22 December 2025 (Stet News, 2 January 2026) — ten days before the assessment date. Its entire declaration was already split into 348 folios on the 2026 roll, with $410 million of improvement value, and the Nautilus 220 page counts 242 qualifying single-parcel warranty-deed sales among them (I re-pulled the 348 folios and the improvement value on 24 September 2026). Alba was reported complete about six months after the same date and shows nothing. Two finished buildings, one county, opposite records — consistent with the calendar, though the appraiser has not confirmed it.
What that means for you, practically:
- There is no verifiable price for any home at Alba. Not a sale, not an assessment, not a comparable on the appraiser’s record. The reported $10,660,000 townhome of February 2025 is a trade-press figure: the appraiser shows no sale on the parcel, and I have not searched the Clerk’s official records for a deed.
- ⚠️ That is not evidence that nothing has sold. Buyers close against a declaration recorded with the Clerk of Court, which the Property Appraiser converts into folios much later. The trade press reports the townhomes sold out. Both things are true at once.
- ⚠️ A price per square foot may become computable once folios exist. The county’s open-data table I use for bulk pulls has no living-area field, but the Property Appraiser’s property pages list “Total Square Feet” (its footnote says it may indicate living area) for improved condominium units — for example 2,131 on a three-bedroom unit at Nautilus 220, read 24 September 2026. The Alba parcel shows 0 as of 24 September 2026 because no building is on the roll, so any per-foot figure you are shown for Alba before folios exist comes from a listing service.
Arrival
The porte-cochère and the lobby, as the developer rendered them.
What the county does say: the land
The one thing the roll can tell you is what the ground is worth, and it is precise about it.
| Total market value (2026 preliminary) | $15,067,400 — 100% land, $0 improvement |
| Site | 1.7295 acres = 75,337 sq ft |
| Land rate | Exactly $200.00 per square foot |
| Assessed value | $6,037,110 — 40.1% of market |
| Value history | Market $8,032,650 (2024), $12,650,000 (2025), $15,067,400 (2026 preliminary); assessed $4,989,347, $5,488,282 and $6,037,110 — up exactly 10.0% in each of 2025 and 2026. The roll shows $0 in every year through 2023 (Property Appraiser, read 24 September 2026) |
⭐ The land works out to exactly $200.00 per square foot. I have seen the same round-number pattern on the roll for other development land, on the Edgewater, Coral Gables, Wynwood and downtown Fort Lauderdale pages of this site; the county does not say how it arrived at the figure, so I read it as an assessor’s rate, not a transaction. ⚠️ Here there is only one parcel, so unlike those cases it cannot be cross-checked against a neighbour — and in any event it is the assessor’s opinion for tax purposes, not a transaction.
⭐⭐ The more useful number is the gap between the two. Market value $15,067,400; assessed value $6,037,110. The assessed figure is 40.1% of the market figure, consistent with Florida’s non-homestead cap on assessment growth of 10% a year: the assessed value rose exactly 10.0% in each of 2025 and 2026 while market value rose 57.5% and then 19.1%. That gap is a deferred tax bill, and it resets when a property changes hands. For a buyer at Alba it is a preview of the same mechanic on your own home: the first year’s tax figure a developer or a listing shows you is frequently the seller’s capped number, not yours. Ask what the tax will be after the reset, not what it is today.
The residences
Finished, delivered apartments — which is itself the answer to the question the section above asks about the county record.
Video
Alba Palm Beach on film
Embedded from the project’s own YouTube channel — nothing is hosted here.
Who this suits, and who it does not
It suits a buyer who wants genuinely scarce waterfront. Direct Intracoastal frontage, with what the developer’s website calls “No fixed bridges to Atlantic Ocean”, is the specification that actually matters here — if it holds, a boat of real height can reach the ocean — and 55 residences on 1.73 acres is a low-density proposition on that water.
It suits a buyer who is comfortable buying into a finished building. It is complete, was taking move-ins as of 22 June 2026 (Florida YIMBY), and is past every construction risk that the people who bought in 2022 carried.
It suits badly a buyer who needs to verify a number before committing. The Property Appraiser shows no price evidence of any kind at Alba, and I would not expect any before the 2027 roll; I have not searched the Clerk’s official records for recorded deeds. Everything I have found about value here comes from the sell side. That is not a criticism of anyone — it is a fact about the calendar — but it should change how much weight you put on a quoted comparable.
And it suits badly anyone who thinks they are buying pre-construction pricing. The townhomes are reported sold out and the building is reported 95% sold (Florida YIMBY, 22 June 2026, for the direct water-view residences; PROFILEmiami, 25 June 2026, for the building). Whatever is left is late inventory in a finished building, which is a different negotiation from an early contract. Ask which residences are actually available: trade coverage says prices begin at $2.5 million, while the developer’s own website read “Starting just under $3 Million” on 24 September 2026.
Four things to establish in writing before you commit:
- What has actually closed, as opposed to being under contract — and ask for it in writing, because the county cannot yet corroborate either.
- Your tax figure after the reset, not the seller’s capped figure. The assessed value on this site is 40% of market on the 2026 preliminary roll.
- The recorded declaration and its leasing article, plus the association budget and reserve schedule for a building with 25,000 square feet of amenity and 55 owners to pay for it.
- Which building you are being shown. There is a separate project called Alba Reserve on the next block at 4720 N Flagler Drive. The names are nearly identical and they are not the same thing.
Amenities
Two pool decks, a spa on each side, an owners lounge, a wine cellar, a conference room and a movement studio.
Alba Palm Beach — Frequently Asked Questions
I bought pre-construction at Alba Palm Beach. Can I sell before or at delivery?
It depends on your purchase agreement. Before closing, selling usually means assigning your contract to a new buyer, which developers often allow only with their written consent and sometimes for a fee, so read the assignment clause first. After closing it is an ordinary resale, priced against what similar homes in the building and nearby have actually closed for. If you bought at Alba Palm Beach and want to know what your unit could sell for at delivery, message Josh Stein on WhatsApp at (305) 695-8257.
Is Alba Palm Beach finished?
Yes. Florida YIMBY reported on 14 April 2025 that it had topped off, and photographs published on 22 June 2026 show a completed building with move-ins under way. The townhomes are reported sold out and 95% of the direct water-view residences are reported sold (PROFILEmiami, 25 June 2026, says the building is 95% sold). The developer’s website reads “Now Offering Immediate Occupancy” (24 September 2026).
What have units at Alba Palm Beach sold for?
🔴 The county record cannot tell you, and we are not going to invent a figure. The Property Appraiser shows no sale on the Alba parcel (“No Sales Information Available”, 24 September 2026) and has not split the building into condominium folios, so there is no assessed value and no comparable for any residence. ⚠️ One individual price has been reported in the trade press — a waterfront townhome at $10,660,000 in February 2025 — and I have not been able to verify it against a deed. Starting prices are reported as $2.5 million (Florida YIMBY, 22 June 2026; South Florida Agent Magazine, 17 August 2026), while the developer’s website read “Starting just under $3 Million” on 24 September 2026.
Why does the county say the Alba site is vacant land?
Most likely because Florida values real property as of 1 January and improvements not substantially completed on that date carry no value (Florida Statutes 192.042); Alba was still under construction then and its completion was announced in late June 2026. The Property Appraiser has not said so. ⭐ For contrast, Nautilus 220 in the same county took its certificate of occupancy on 22 December 2025, ten days before that date, and its entire declaration was already split into 348 folios. Alba should appear on the 2027 roll.
How many units are in Alba Palm Beach?
55 residences over 22 storeys — two- and three-bedroom condominiums plus four-bedroom waterfront townhomes — with more than 25,000 square feet of amenity space on a 1.73-acre Intracoastal site that the developer’s website describes as having “No fixed bridges to Atlantic Ocean”. Six of the residences are the Horizon Penthouse Collection on floors 19 to 21.
Who developed Alba Palm Beach?
BGI Companies, led by Kenneth Baboun, with Blue Road Group. The general contractor is Moss Construction, the architect Spina O’Rourke + Partners, and sales have been handled by ONE Sotheby’s International Realty since January 2024. Some coverage styles the developer BGI Capital, and the county lists Scuba Club WPB LLC as owner of the parcel; confirm the sponsor entity in the recorded declaration and offering documents.
What is the Alba Palm Beach site worth?
The county carries the land at $15,067,400 — exactly $200.00 per square foot across 75,337 square feet — with $0 of improvement value because the building is not yet on the roll (2026 preliminary values). ⭐ The assessed figure is only $6,037,110, 40.1% of market, and rose exactly 10.0% in each of 2025 and 2026, consistent with Florida’s 10% non-homestead cap. That gap resets when a property changes hands.
Is Alba Palm Beach the same as Alba Reserve?
No. Alba Reserve is a separate, later project at 4720 N Flagler Drive, on the next block, from the same developer group (the Palm Beach Post calls it Alba Palm Beach’s sister project). The county records 4720 N Flagler Drive as a single-family parcel that changed hands on 26 December 2025 for $33,000,000 by warranty deed to 4700 N Flagler Drive LLC; The Real Deal reported on 9 January 2026 that BGI Capital had bought 4720, 4802 and 4804 N Flagler Drive for $33 million. The city planning board rejected the proposed tower 6–1 on 19 May 2026 and city commissioners have the final say (Palm Beach Post, 27 May 2026); I have not found a report of their decision as of 24 September 2026. The names are nearly identical and they are separate buildings. Check the address before you check anything else.
Sources and further reading
- Palm Beach County Property Appraiser — property detail page for parcel 74-43-43-03-27-001-0000 at 4714 N Flagler Drive (owner Scuba Club WPB LLC; “No Sales Information Available”; improvement value $0 in every year; land value $8,032,650 in 2024, $12,650,000 in 2025 and $15,067,400 in 2026 preliminary; assessed value $4,989,347, $5,488,282 and $6,037,110; zoning RPD; 1.7295 acres; total square feet 0; read 24 September 2026)pbcpao.gov
- Palm Beach County Property Appraiser — PROPINFO open-data roll (parcel 74434303270010000: classification vacant, year added 2024, site area, values; a subdivision-name check for “ALBA” returning 33 rows, one at this address and the rest Boynton Beach and Boca Raton properties; a sweep of the 4700 block of North Flagler Drive; and the Nautilus 220 comparison of 348 folios with $410,377,435 of improvement value; retrieved 24 September 2026)maps.co.palm-beach.fl.us
- Palm Beach County Property Appraiser — property detail page for 4720 N Flagler Drive (single-family parcel, 0.78 acre; warranty deed dated 26 December 2025 for $33,000,000, official records book 36241 page 1543, owner of record 4700 N Flagler Drive LLC; read 24 September 2026)pbcpao.gov
- Florida YIMBY — “New Photos Showcase Completed Alba Palm Beach At 4714 N. Flagler Drive In West Palm Beach”, 22 June 2026 (move-ins under way; 95 percent of direct water-view residences sold; townhomes sold out; residences begin at $2.5 million; Horizon Penthouse Collection of six residences on floors 19 to 21; 22 storeys, 55 residences; BGI Companies with Blue Road; Moss Construction; ONE Sotheby’s exclusive sales)floridayimby.com
- PROFILEmiami — “Alba Palm Beach Completed Along West Palm Beach’s Billionaire’s Corridor Waterfront at 95% Sold”, 25 June 2026 (developer announcement: completion at 95% sold; begins at $2.5 million; townhomes completely sold out; BGI Companies alongside Blue Road; Moss; interiors by Spina O’Rourke + Partners)profilemiami.com
- Traded, as posted on the developer’s press page — “BGI Capital and Blue Road Reach Completion of Alba Palm Beach in West Palm Beach”, 26 June 2026 (officially completed construction; now 95% sold; remaining residences starting at approximately $2.5 million; residents have begun moving in)albapalmbeach.com
- Florida Weekly, as posted on the developer’s press page — “Waterfront Wow”, 28 June 2026 (officially opened; prices begin at $2.5 million; sold-out collection of townhomes; Horizon Penthouse Collection)albapalmbeach.com
- South Florida Agent Magazine — “Alba Palm Beach grand opening”, 17 August 2026 (grand opening celebrated; 55 units, 22 storeys; residences begin at $2.5 million)southfloridaagentmagazine.com
- Alba Palm Beach — official website, home, residences and amenities pages, read 24 September 2026 (“Now Offering Immediate Occupancy”; “Starting just under $3 Million”; 55 residences; 2- and 3-bedroom layouts and 4-bedroom townhomes; “No fixed bridges to Atlantic Ocean”; more than 25,000 sq ft of amenities; copyright line Scuba Club WPB, LLC)albapalmbeach.com
- Florida YIMBY — “Alba Palm Beach Tops Off in West Palm Beach, Completion Expected in Early 2026”, 14 April 2025 (topped off; 22 storeys, 55 residences; 60 percent sold; pricing for remaining residences just under $3 million; $10.66 million sale of the last remaining townhome per ONE Sotheby’s; completion early 2026)floridayimby.com
- PROFILEmiami — “Waterfront Townhome At Alba Palm Beach Sells For $10.66 Million In West Palm Beach”, 26 February 2025 (Townhome C reported at $10,660,000 and described as the final premier townhome; prices starting below $3 million; closing in on 60% sold; approaching topping off of the 15th floor; completion early 2026)profilemiami.com
- The Real Deal — “BGI Capital completes $41M West Palm Beach dev site acquisition”, 9 January 2026 (Alba nearly completed and set for completion this spring; 70 percent pre-sold per Kenneth Baboun; prices started at $2.5 million; developer acquired the 1.7-acre Alba site for $5.8 million in 2020; 4720, 4802 and 4804 N Flagler Drive bought for $33 million; Alba Reserve planned at 31 stories and 87 units)therealdeal.com
- The Real Deal — “One Sotheby’s in, Elliman out at Alba Palm Beach”, 11 January 2024 (ONE Sotheby’s takes over sales from Douglas Elliman; 45 percent presold; prices start at $3 million; four townhouses; completion planned for late 2025)therealdeal.com
- The Real Deal — “BGI launches sales of planned Alba condo tower in West Palm Beach”, 24 February 2022, updated 25 February (prices starting at $2.5 million; 30 percent reserved in the first week; Douglas Elliman leading sales; 55 condos and four townhomes)therealdeal.com
- Palm Beach Post, as published by AOL — “West Palm board rejects 30-story condo tower along North Flagler Drive”, 27 May 2026 (Alba Reserve rejected 6-1 by the planning board on 19 May; city commissioners have the final word; Alba Palm Beach described as its sister project, set to be completed in upcoming weeks)aol.com
- Florida Statutes, section 192.042 — date of assessment (real property is assessed as of 1 January; improvements not substantially completed on that date have no value placed on them), 2025 edition, read 24 September 2026flsenate.gov
- Stet News — “Nautilus developer sues Lake Park over marina lease”, 2 January 2026 (Nautilus 220 received its certificate of occupancy on 22 December 2025)stetnews.org
Interested in Alba Palm Beach?
Alba is finished. Trade coverage of 22 June 2026 shows a completed building with move-ins under way, townhomes sold out and 95% of the direct water-view residences sold. It is no longer a pre-construction purchase. Talk to Josh Stein about what is genuinely left and about what can — and cannot — be verified on the public record here.
Alba Palm Beach Amenities
LOCAL ATTRIBUTIONS
• Direct Intracoastal Waterway frontage
• No fixed bridges to Atlantic Ocean
• Unobstructed views
GRAND ARRIVAL AND LOBBY
• Covered porte cochère
• Landscaped arrival and entrance
• Curated art and relaxation garden
• Dramatic lobby with open lounge areas
• Dog spa and grooming station
• Mailroom with cold storage lockers and package room
• Private storage units
• Assigned parking
• Bicycle storage
BEAUTY AND WELLNESS
• State-of-the-art fitness by TechnoGym with weights, cardio, resistance training, yoga and pilates overlooking the Intracoastal
• Luxury spa with his and hers sauna, steam, cold shower experience, treatment room, and lockers
• Private massage treatment room
LOCAL ATTRIBUTIONS
• Direct Intracoastal Waterway frontage
• No fixed bridges to Atlantic Ocean
• Unobstructed views
GRAND ARRIVAL AND LOBBY
• Covered porte cochère
• Landscaped arrival and entrance
• Curated art and relaxation garden
• Dramatic lobby with open lounge areas
• Dog spa and grooming station
• Mailroom with cold storage lockers and package room
• Private storage units
• Assigned parking
• Bicycle storage
BEAUTY AND WELLNESS
• State-of-the-art fitness by TechnoGym with weights, cardio, resistance training, yoga and pilates overlooking the Intracoastal
• Luxury spa with his and hers sauna, steam, cold shower experience, treatment room, and lockers
• Private massage treatment room
Alba Palm Beach prices — and what can actually be verified
Reported starting prices, dated. The Real Deal reported prices “starting at $2.5 million” at the February 2022 sales launch and “start at $3 million” in January 2024; PROFILEmiami (26 February 2025) said “starting below $3 million” and Florida YIMBY (14 April 2025) said pricing for the remaining residences began just under $3 million. Since June 2026 the trade coverage says $2.5 million again: Florida YIMBY (22 June), PROFILEmiami (25 June), Florida Weekly (28 June) and South Florida Agent Magazine (17 August 2026). The developer’s own website read “Starting just under $3 Million” on 24 September 2026. These do not agree and I have not found a source that says why; ask for the current price of each available residence in writing.
🔴 The Palm Beach County Property Appraiser shows no sale on the Alba parcel — its page reads “No Sales Information Available”. The 55 residences have not been split into individual condominium parcels on the tax roll, so there is no assessed value, no appraiser-recorded price and no comparable for any home at Alba. (The Real Deal reported on 9 January 2026 that the developer bought the site for $5.8 million in 2020; that sale is not on this parcel’s record.)
⚠️ One individual sale price has been reported in the trade press: a waterfront townhome at $10,660,000 in February 2025 (PROFILEmiami, 26 February 2025). It cannot be verified on the Property Appraiser’s roll, which shows no sale on the parcel, and I have not searched the Clerk’s official records; it is reported here as a trade-press figure rather than as a public record.
⚠️ And there is no living area on the roll for Alba as of 24 September 2026, because no building is on it: the Property Appraiser’s page shows 0 total square feet for the parcel. Its pages for improved condominium units do list “Total Square Feet”, so a price per square foot may become computable once folios exist; the county’s open-data table has no area field.
I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after. Tell Josh which building. He’ll send the latest closed sales and set a quiet alert. Part of South Florida New Construction.Thinking about Alba Palm Beach?
Get this building’s next recorded sale — before the listing sites catch up
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