South Florida New Construction · Mandarin Oriental Residences, West Palm Beach
87 residences in a 31-story tower.
By Josh Stein · Florida license SL3057661 · Updated 8 October 2026Leer en español →
1 condo for sale at Mandarin Oriental Residences, West Palm Beach, list price $1,781.03 per sq ft.
- Asking range$3,831,000
- List price per sq ft$1,781.03
- Sold, 12 months0
Listings in Mandarin Oriental Residences, West Palm Beach
1 listings See all in Mandarin Oriental Residences, West Palm Beach
Listing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice.
Last updated November 6, 2026, 9:27 am
Key facts about Mandarin Oriental Residences, West Palm Beach
| Address | 5400 N Flagler Drive, West Palm Beach FL 33407 |
|---|---|
| For sale now | 1 |
| List price range | $3,831,000 |
| Size | 2,151 sq ft |
| Bedrooms | 2 BR |
| List price per sq ft | Average $1,781.03, low $1,781, high $1,781 |
| Monthly HOA | $4,302 |
| Year built | 2030 |
| Amenities | Beach Rights, Bike Storage, Boating, Business Center, Clubhouse, Dog Park, Elevators, Fitness Center, Gated, Maintenance, Management, Pickleball, Picnic Area, Pool, Putting Greens, Recreation Facilities, Sauna, Security, Spa Hot Tub, Storage |
| Neighborhood | West Palm Beach |
Residences at Mandarin Oriental Residences, West Palm Beach
| Bedrooms | For sale | Size (sq ft) | List price | Avg $/sq ft | Last sale |
|---|---|---|---|---|---|
| 2 | 1 | 2,151 | $3,831,000 | $1,781.03 |
Verified 24 September 2026Palm Beach County Property Appraiser, developer website, Florida YIMBY +16 more19 sources
Building facts
- Address
- 5400 North Flagler Drive
- Neighborhood
- West Palm Beach
- Completion
- Reported as 2031 (Florida YIMBY, 1 March 2026)
- Stories
- 31
- Residences
- 87 (developer); 97 in 2025 approval coverage
- Status
- Pre-construction: approved 29 September 2025, on sale since February 2026; no construction start found
- Developer
- Great Gulf
- Architect
- Safdie Architects · Spina O'Rourke + Partners
- Pricing
- From about $3.5 million (Florida YIMBY, 18 May 2026)
Key Takeaways
- 87 residences in a 31-story tower — at 5400 North Flagler Drive (developer’s website, read 24 September 2026). Coverage of the 2025 approvals said 97 residences (Florida YIMBY, 25 August 2025; The Real Deal, 2 October 2025), and Urbanize still said 97 on 24 March 2026. I have not found a source that says why the count changed.
- Status: pre-construction, approved and on sale — the Planning Board approved the project in August 2025 (Florida YIMBY, 25 August 2025) and the City Commission voted unanimously on 29 September 2025 to rezone the site and grant waivers (Floridian Development, 30 September 2025). Great Gulf announced the project on 26 February 2026 (Fox Business) and launched sales that month (The Real Deal, 19 March 2026). As of 24 September 2026 the county roll still lists the two 1966 apartment buildings on the site, and I have not found a report of demolition or a construction start.
- Developed by Great Gulf of Toronto. The sponsor named on the developer’s website, 5400 N Flagler Limited Partnership, is the owner of record at the county. Cervera Real Estate is the exclusive sales team, and the project uses the Mandarin Oriental name under a licensing arrangement with no hotel component (Florida YIMBY, 18 May 2026).
- Architecture by Safdie Architects (developer’s website). Florida YIMBY, The Real Deal and Urbanize also name Spina O’Rourke + Partners. Interiors are by Studio Munge, landscape by ENEA (developer’s release, 7 March 2026).
- Completion: reported as 2031 — Florida YIMBY, 1 March 2026. I have not found a completion date on the developer’s website or in its launch release. In September 2025 Floridian Development reported that construction was expected to take about three years, not including delays.
- Pricing: from about $3.5 million — The Real Deal (26 February and 19 March 2026) and Florida YIMBY (1 March and 18 May 2026). The developer’s website states no prices and says prices are subject to change without notice. Confirm current availability with the developer.
- Size: 2,151 to 6,339 square feet (Florida YIMBY, 1 March 2026); the same outlet’s 18 May 2026 update says approximately 2,300 to more than 5,800. The mix is two- to four-bedroom residences, two multi-level private villas and a full-floor penthouse (developer’s release, 7 March 2026).
- Bought pre-construction at Mandarin Oriental Residences, West 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.
What is planned at Mandarin Oriental Residences, West Palm Beach?
A 31-story tower of 87 residences on the Intracoastal Waterway at 5400 North Flagler Drive, according to the developer’s website (read 24 September 2026). The site is 2.46 acres on the county roll; the press has called it two and a half acres (The Real Deal, 26 February 2026) and three acres (Florida YIMBY, 1 March 2026). The city’s Planning Board approved the project in August 2025 (Florida YIMBY, 25 August 2025), and the City Commission voted unanimously on 29 September 2025 to rezone the site and grant waivers (Floridian Development, 30 September 2025). Florida YIMBY reported on 1 March 2026 that completion is set for 2031. I have not found a report that construction has started.
Have a question about Mandarin Oriental Residences, West Palm Beach? This page is built from the county record and the trade press, not a listing feed. If you want the developer’s current availability, or an honest read on whether it suits you, ask me directly.
Call (305) 695-8257Email about Mandarin Oriental Residences, West Palm Beach
An affiliate of Great Gulf bought the site for $28.5 million in a deed dated 12 February 2024 (Palm Beach County Property Appraiser; The Real Deal, 26 February 2024). It holds the Poinsettia Club Apartments, two three-story buildings of 72 apartments built in 1966 (The Real Deal, 26 February 2024). Architecture is by Safdie Architects (developer’s website), with Spina O’Rourke + Partners named as its partner in Florida YIMBY (1 March 2026) and The Real Deal (2 October 2025) coverage; interiors are by Studio Munge. The residences are two to four bedrooms, plus two multi-level private villas and a full-floor penthouse (developer’s release, 7 March 2026), at 2,151 to 6,339 square feet per Florida YIMBY (1 March 2026) or about 2,300 to more than 5,800 per its 18 May 2026 update, from about $3.5 million (Florida YIMBY, 1 March 2026).
The site, the deed and the unit count
What the county roll shows (retrieved 24 September 2026). The appraiser carries the site as one parcel, 74-43-43-04-06-037-0010, listed under the address 5440 North Flagler Drive, of 2.46 acres (Lots 1 to 8 of Block 37, North Palm Beach Place 3, plus a tract of sovereignty land). The owner of record is 5400 N Flagler Limited Partnership, the name the developer’s website gives as its sponsor. The deed of 12 February 2024 was for $28,500,000 (Official Records book 34845, page 1544). The earlier recorded deeds are $24,000,000 on 29 November 2021, which matches the $24 million The Real Deal reported the previous owner paid in 2021, then $7,000,000 on 23 June 2005 and $125,000 on 1 July 1996. The roll still lists the two 1966 apartment buildings, 72 units, and the zoning field still reads MF32 (multifamily high density), the designation before the September 2025 rezoning. Its 2026 preliminary market value is $21,791,973 (land $21,424,000), against $20,137,360 in 2025.
How many residences? The figure has moved. The December 2024 proposal was for a 32-story tower with 87 homes (South Florida Business Journal, as summarised by Florida YIMBY, 10 December 2024). The 2025 approval coverage said 97 residences at about 380 feet (Florida YIMBY, 25 August 2025; Floridian Development, 30 September 2025; The Real Deal, 2 October 2025), and Urbanize repeated 97 on 24 March 2026. The developer’s February 2026 launch and its website say 87 in 31 stories. I have not found a source that says why the count changed, or which count the approved site plan carries, so ask for the approved plans and the offering documents, and confirm the figure again in the recorded declaration once there is one.
Dockage is unconfirmed. The developer’s website says any dock or boat slips depend on federal, state and local permits (read 24 September 2026). The plans presented to the city in 2025 described a possible dock of four to eight slips (The Real Deal, 2 October 2025), and Florida YIMBY’s 18 May 2026 report lists marina facilities with private dockage among the planned amenities.
Not the Miami Mandarin Oriental
The Residences at Mandarin Oriental, Miami on Brickell Key is a separate development by a different developer, Swire Properties: two towers on the site of the former hotel, a 66-story South Tower with 228 residences and a 34-story North Tower with 70 residences, 28 Hotel Collection residences and 121 hotel rooms (Florida YIMBY, 14 April 2026). Same hotel brand, different developer and site.
Sources and further reading
- Property detail — Palm Beach County Property Appraiser, parcel 74-43-43-04-06-037-0010 (listed as 5440 N Flagler Dr): 2.46 acres, owner 5400 N Flagler Limited Partnership, deed of 12 February 2024 at $28,500,000, earlier deeds of $24,000,000 (2021), $7,000,000 (2005) and $125,000 (1996), zoning MF32, two 1966 apartment buildings of 72 units, 2026 preliminary market value $21,791,973; retrieved 24 September 2026pbcpao.gov
- Mandarin Oriental Residences, West Palm Beach — developer’s website, home page, read 24 September 2026 (87 residences, 31-story tower, Safdie Architects, private elevator access; no price or completion date)mo-residenceswestpalmbeach.com
- The Residences — developer’s website, read 24 September 2026 (87 residences on the Intracoastal Waterway, designed by Safdie Architects with interiors by Studio Munge)mo-residenceswestpalmbeach.com
- Legal Disclaimer — developer’s website, read 24 September 2026 (sponsor 5400 N Flagler Limited Partnership; prices subject to change without notice; any dock or boat slips subject to permits)mo-residenceswestpalmbeach.com
- Mandarin Oriental Residences, West Palm Beach — Mandarin Oriental Hotel Group, read 24 September 2026 (87 private residences, 31 stories, developed by Great Gulf, the brand’s first standalone residential project in the region)mandarinoriental.com
- Great Gulf Announces New Luxury Residences by Mandarin Oriental in West Palm Beach — developer’s release published by Resident, 7 March 2026 (87 residences, 31 stories, two- to four-bedrooms, two multi-level villas and a full-floor penthouse, Cervera Real Estate exclusive sales, ENEA landscape; no price or date)resident.com
- The Mandarin Oriental Residences, West Palm Beach Planned for 2031 Completion at 5400 N Flagler Dr — Florida YIMBY, 1 March 2026 (87 condos, 31 stories, completion 2031, 2,151 to 6,339 square feet, from $3.5 million)floridayimby.com
- First Interior Renderings Revealed For Mandarin Oriental Residences, West Palm Beach — Florida YIMBY, 18 May 2026 (87 residences from approximately $3.5 million, about 2,300 to more than 5,800 square feet, brand licensing arrangement, no hotel component)floridayimby.com
- Great Gulf launches Mandarin Oriental-branded West Palm Beach condos — The Real Deal, 26 February 2026 (31 stories, 87 units, 2.5-acre site with more than 215 feet of waterfront, bought from Frisbie Group for $28.5 million)therealdeal.com
- Inside West Palm Beach’s billionaire condo development boom — The Real Deal, 19 March 2026 (Great Gulf launched sales the previous month; 31 stories, 87 units, prices starting at $3.5 million)therealdeal.com
- Great Gulf Reveals Mandarin Oriental Residences, West Palm Beach — PROFILEmiami, 26 February 2026 (release text: 87 residences, 31 stories, Cervera sales lounge at 201 Worth Avenue)profilemiamire.com
- Mandarin Oriental Residences to open 31-story tower in West Palm Beach — Fox Business, 26 February 2026 (announced Thursday 26 February; 87 units, 31 stories, 2,100 to 6,300 square feet)foxbusiness.com
- New Mandarin Oriental Branded Luxury Residences Planned for West Palm Beach at 5400 N Flagler Drive — Urbanize Miami, 24 March 2026 (reports 97 units, 380 feet, 207 parking spaces; staff recommendation of denial and public opposition)miami.urbanize.city
- West Palm Beach’s City Commission Unanimously Approves 5400 N Flagler Condo Project — Floridian Development, 30 September 2025 (vote on 29 September 2025; 97 units; 2.46-acre site; four waivers; construction expected to take about three years)floridiandevelopment.com
- Great Gulf wins rezoning for second West Palm Beach condo project — The Real Deal, 2 October 2025 (31-story, 97-unit plan; possible dock of four to eight slips; 72-unit 1966 complex to be replaced)therealdeal.com
- 5400 North Flagler Condominium Project Approved By West Palm Beach Planning Board — Florida YIMBY, 25 August 2025 (2.46-acre site, 97 residences, rezoning from MF32 to Residential Planned Development, staff advised against approval)floridayimby.com
- Great Gulf Proposes 32-Story Tower for 5400 N. Flagler Drive — Florida YIMBY, 10 December 2024 (32 stories, 87 homes, 204 parking spaces, as reported by the South Florida Business Journal)floridayimby.com
- Great Gulf pays $28.5M for West Palm Beach dev site — The Real Deal, 26 February 2024 (Poinsettia Club Apartments, two three-story buildings of 72 apartments built in 1966; 2.5 acres; the seller had paid $24 million in 2021)therealdeal.com
- Controlled Implosion Clears Brickell Key Site for The Residences at Mandarin Oriental, Miami — Florida YIMBY, 14 April 2026 (Swire Properties; 66-story South Tower with 228 residences; 34-story North Tower with 70 residences, 28 Hotel Collection residences and 121 hotel rooms)floridayimby.com
Already bought at Mandarin Oriental Residences, West Palm Beach?
If you signed a pre-construction contract here, this part of the page is for you: what you can do with your contract, and how to get the record as it changes.
Your three options
- Close and keep it. Live in it, or rent it out within the condominium’s rental rules.
- Assign your contract before closing. A new buyer takes over your contract. Whether that is allowed, and at what fee, depends on your contract’s assignment clause and usually on the developer’s written consent.
- Close, then resell. After closing it is an ordinary resale, priced against what similar homes have actually recorded.
What I will send you
Tell me your unit. I will send you the project’s status from the public filings as it changes, the first recorded sales here when they land, and a straight read on whether to hold, assign or sell.
Two free things for buyers here
Prefer email? hello@joshsteinrealtor.com
Josh Stein, Florida real estate sales associate, license SL3057661.Mandarin Oriental Residences, West Palm Beach — questions buyers ask
I bought pre-construction at Mandarin Oriental Residences, West 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 Mandarin Oriental Residences, West Palm Beach and want to know what your unit could sell for at delivery, message Josh Stein on WhatsApp at (305) 695-8257.
Has Mandarin Oriental Residences West Palm Beach broken ground?
I have not found a report that it has. The Planning Board approved the project in August 2025 (Florida YIMBY, 25 August 2025) and the City Commission voted unanimously on 29 September 2025 to rezone the site and grant waivers (Floridian Development, 30 September 2025). Sales launched in February 2026 (The Real Deal, 19 March 2026). As of 24 September 2026 the county roll still lists the two 1966 apartment buildings on the site. Florida YIMBY reported on 1 March 2026 that completion is set for 2031; none of the developer’s pages I read gives a date.
How many residences will there be?
The developer’s website and launch release say 87 residences in a 31-story tower: two- to four-bedroom homes, two multi-level private villas and a full-floor penthouse. Florida YIMBY reported 2,151 to 6,339 square feet on 1 March 2026, and approximately 2,300 to more than 5,800 on 18 May 2026. Sizes can change, so ask for the current floor plans.
What do the residences cost?
Reported from about $3.5 million: The Real Deal (26 February and 19 March 2026) and Florida YIMBY (1 March and 18 May 2026). The developer’s website states no prices and says prices are subject to change without notice. I have not found a price list or a report of how much has sold.
Why do some reports say 97 residences?
Coverage of the 2025 approvals said 97 residences (Florida YIMBY, 25 August 2025; The Real Deal, 2 October 2025), and Urbanize still said 97 on 24 March 2026. The December 2024 proposal had been reported at 87 homes (Florida YIMBY, 10 December 2024), and the developer’s February 2026 launch says 87. I have not found a source that says why the count changed.
How big is the site and what was paid for it?
The county roll shows one parcel of 2.46 acres, owned by 5400 N Flagler Limited Partnership, the sponsor named on the developer’s website. The deed of 12 February 2024 was for $28,500,000 (Palm Beach County Property Appraiser). The press has called the site two and a half acres (The Real Deal, 26 February 2026) and three acres (Florida YIMBY, 1 March 2026).
Is this the same as the Mandarin Oriental in Miami?
No. The Residences at Mandarin Oriental, Miami on Brickell Key is a separate development by Swire Properties: two towers on the site of the former hotel, including a 66-story South Tower with 228 residences (Florida YIMBY, 14 April 2026). Same hotel brand, different developer and site.
Who is developing and designing it?
Great Gulf is the developer, and Cervera Real Estate is the exclusive sales team. The developer’s website credits Safdie Architects with the design and Studio Munge with the interiors. Florida YIMBY, The Real Deal and Urbanize also name Spina O’Rourke + Partners, and the developer’s launch release names ENEA Landscape Architecture.
Thinking about Mandarin Oriental Residences, West Palm Beach?
I have sold South Florida property since 2002. Ask me for the offering documents, the developer’s current availability, or a straight answer on whether this building fits what you are after.
Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comRelated coverage
Part of South Florida New Construction.