Alba Reserve
Ultra-Luxury Intracoastal Living — Sister to Alba Palm Beach
Overview
Alba Reserve at a Glance
4720 N. Flagler Drive, West Palm Beach, FL 33407
BGI Companies, Blue Road Group
Carlos Ott, Spina O'Rourke + Partners
2028
87
31
شقق مملوكة
West Palm Beach
Why Buyers Choose Alba Reserve
A Distinct Offering Next Door to Alba Palm Beach
Alba Reserve sits at 4720 N. Flagler Drive, essentially adjacent to its sibling project Alba Palm Beach. What makes this building worth a separate conversation is its positioning within the broader Alba development vision. We see buyers evaluate both buildings side by side, and Reserve tends to attract those looking for a slightly different residential experience - whether that means different unit configurations, finishes, or pricing tiers. Our team recommends walking both buildings to understand the nuances, because on paper they can look similar, but the lived experience will differ in ways that matter.
Boutique Scale on a Transforming Waterfront
Alba Reserve continues the design ethos of its North Flagler neighbor - thoughtful scale, waterfront orientation, and interiors that let the Intracoastal setting do the talking. This is not a 50-story tower competing with the Sunny Isles skyline. It is a building designed for residents who value proportion, privacy, and a direct relationship with the water. We have walked this section of Flagler Drive extensively, and the way the site meets the Intracoastal is genuinely appealing. The architects have worked with the natural advantages of the parcel rather than fighting them, which is something we always look for in a new development.
The North Flagler Lifestyle Advantage
Buyers choosing Alba Reserve are making a deliberate lifestyle decision. North Flagler Drive offers walkability to an emerging mix of restaurants and shops, easy access to Palm Beach Island via the Flagler Memorial Bridge, and a neighborhood that still feels residential rather than commercial. We often tell clients that this corridor gives you the best of both worlds - proximity to everything that makes Palm Beach special, with the breathing room that the island itself can no longer provide. Compared to buying on the island or further south in West Palm Beach, this address hits a sweet spot for daily livability.
Pre-Construction Entry into a Rising Market
With a projected delivery of 2030 and beyond, Alba Reserve offers buyers the chance to enter the North Flagler market at pre-construction pricing in a corridor where values are trending upward. Our brokerage tracks comparable sales along Flagler Drive closely, and the trajectory is clear - each new project has reset pricing expectations higher. Buyers who secure units at Alba Reserve during the pre-construction phase are positioning themselves ahead of that curve. For investors and end-users alike, the combination of a desirable waterfront location and a market that has not yet peaked makes this a compelling opportunity.
Our Take on Alba Reserve
Alba Reserve is the companion project to Alba Palm Beach, located just steps away at 4720 N. Flagler Drive. Our team evaluates these two buildings together because buyers invariably compare them, and the decision between the two often comes down to personal preference on unit mix and specific lifestyle priorities.
The strengths of Alba Reserve mirror many of those we see in its neighbor. The North Flagler corridor is genuinely ascending, the Intracoastal waterfront setting is hard to replicate, and the boutique scale means you are not sharing amenities with hundreds of other residents. We appreciate that the development team has committed to this stretch of Flagler with two projects - it signals real conviction in the neighborhood and ensures a critical mass of quality that will benefit both buildings.
On the honest-assessment side, buyers should be aware that the North Flagler market is still relatively young as a luxury destination. You are buying into potential as much as proven value. The 2030-plus timeline also means you are committing capital years ahead of delivery, which requires confidence in both the developer and the market trajectory. We have seen projects in South Florida delay or adjust scope during extended pre-construction periods, and buyers should factor that reality into their planning.
Alba Reserve is ideal for buyers who love the Palm Beach area but do not need an island address. It works particularly well for couples or small families relocating from northern markets who want waterfront without the frenetic energy of Miami. We also see interest from seasonal residents who want a lock-and-leave that still feels like a real home rather than a hotel suite. If you are comparing this to projects in downtown West Palm Beach, the trade-off is density versus waterfront - and for many of our clients, the waterfront wins.
About Alba Reserve
Alba Reserve is a luxury residential development located at 4720 N. Flagler Drive in the heart of Palm Beach County's rapidly evolving North Flagler corridor. With delivery projected for 2030 and beyond, this waterfront project represents one of the most anticipated additions to the Palm Beach residential landscape and a compelling opportunity for buyers seeking Intracoastal living in a neighborhood on the rise.
Positioned directly on the Intracoastal Waterway, Alba Reserve offers residents panoramic water views and the kind of serene waterfront lifestyle that is becoming increasingly rare in South Florida. The building sits just steps from its sibling development, Alba Palm Beach, creating a small enclave of luxury along a stretch of Flagler Drive that has attracted significant attention from discerning buyers relocating from the Northeast, Midwest, and other high-tax states.
The North Flagler neighborhood has transformed considerably in recent years. What was once a quiet residential corridor is now emerging as a genuine alternative to Palm Beach Island for buyers who want proximity to the island's cultural and social offerings without the corresponding price premium. Alba Reserve is at the center of that transformation, and our brokerage has been advising clients on this evolving market dynamic since the earliest stages. The Flagler Memorial Bridge provides quick access to the island, making this location practical for buyers who want to dine, shop, and socialize on Palm Beach without paying island prices for their home.
Design-wise, Alba Reserve embraces a boutique residential philosophy. The building is scaled to fit its surroundings, avoiding the tower-over-everything approach that characterizes much of South Florida's coastal development. Residences are designed to bring the waterfront inside, with expansive terraces, floor-to-ceiling windows, and layouts that orient living spaces toward the Intracoastal. The result is a building that feels connected to its setting rather than imposed upon it, with a residential character that appeals to buyers accustomed to quality housing in established markets.
From an investment perspective, Alba Reserve benefits from several tailwinds. The Palm Beach market has demonstrated remarkable resilience and growth, driven by domestic migration patterns that show no signs of reversing. The North Flagler corridor specifically is benefiting from new infrastructure, dining, and retail development that is elevating the neighborhood's profile and expanding the amenities available to residents. Pre-construction pricing at Alba Reserve allows buyers to enter this market ahead of what we expect will be significant appreciation as the corridor matures and additional luxury product comes online.
Our team at Manhattan Miami works with buyers evaluating the full spectrum of Palm Beach County options, from island estates to mainland waterfront condominiums. We are well-positioned to help you understand how Alba Reserve compares to alternatives in the market and whether this project aligns with your investment timeline and lifestyle objectives. Contact us for current pricing and availability.
Explore Miami pre-construction developments or view Billionaires' Beach Miami. For international buyers, see our Miami guide for foreign purchasers.
مجموعة الوحدات السكنية
Townhome
2-3 BR
1,400-2,500 SF
From $3M
Tower Residence
3 BR
3,000-3,500 SF
From $5.7M
Tower Residence
4 BR
3,500-4,000+ SF
From $7M
Penthouse
4+ BR
4,500+ SF
Inquire
Residences from $5,700,000
World-Class Amenities
8th-Floor Amenity Deck
- Two resort-style swimming pools
- Expansive sun deck and cabanas
- Guest suites for visitors
- Curated lounge and social spaces
Wellness & Fitness
- State-of-the-art fitness center
- Spa and treatment rooms
- Mount Sinai Concierge Medicine / Sollis Health (24/7)
- Yoga and meditation spaces
Exclusive Partnerships
- Magellan Jets - private jet access
- Palm Beach Yacht Club - one-year membership
- Concierge and lifestyle management
- Private event programming
Building & Services
- 226-space seven-story parking garage
- 200 feet of Intracoastal frontage
- 24/7 concierge and security
- Valet parking
- Waterfront promenade
Kitchen
- Italian cabinetry
- Sub-Zero and Wolf appliance package
- Natural stone countertops
- Chef-grade kitchen design
Bathrooms
- Spa-inspired primary bathrooms
- Natural stone and marble finishes
- Freestanding soaking tubs
- Premium European fixtures
Living Spaces
- Floor-to-ceiling impact windows
- Expansive private terraces
- Panoramic Intracoastal views
- Open-concept floor plans
Design & Technology
- Carlos Ott-designed architecture
- Smart home technology throughout
- Private elevator access
- Generous ceiling heights
أصحاب الرؤية
BGI Companies & Blue Road Group
Developer
Carlos Ott / Spina O'Rourke + Partners
Architecture
Northwood, West Palm Beach
Compare Alba Reserve to Nearby Buildings
Buyers considering Alba Reserve typically also evaluate these buildings
Edgeworth by Related Ross
Kohn Pedersen Fox (KPF)
West Palm Beach
Forté on Flagler
Arquitectonica
West Palm Beach
Glass House Boca Raton
Garcia Stromberg
Boca Raton
Maison d'Or
West Palm Beach
Mandarin Oriental Residences Boca Raton
Boca Raton
Mr. C Residences Boca Raton
Arquitectonica
Boca Raton
Mr. C Residences West Palm Beach
Arquitectonica
West Palm Beach
Ritz-Carlton Residences Palm Beach Gardens
Spina O'Rourke + Partners
Palm Beach Gardens
Ritz-Carlton Residences West Palm Beach
Arquitectonica
West Palm Beach
Alba Palm Beach
Spina O'Rourke + Partners
West Palm Beach
Aman Palm Beach
Palm Beach
South Flagler House
Robert A.M. Stern Architects
West Palm Beach
Luxury Neighborhoods in South Florida
استكشف الشقق الفاخرة
مشاريع Miami على الخريطة
أكثر مشاريع Miami الفاخرة رواجاً
Billionaires' Beach
واجهة محيطية فائقة الفخامة على امتداد Collins Avenue
Fort Lauderdale
مساكن بعلامات راقية على امتداد الواجهة الشاطئية
المشترون الدوليون
الضرائب والإجراءات & الملكية للمشترين الأجانب
استكشف الشقق الفاخرة في New York →
شقق مملوكة أيقونية في Manhattan & Billionaires' Row
الأسئلة الأكثر شيوعاً
What is Alba Reserve?
Alba Reserve is a 31-story ultra-luxury waterfront condominium tower with 87 residences, including 11 townhomes on the lower floors, located at 4720 N. Flagler Drive in the Northwood neighborhood of West Palm Beach. Situated on a 2.2-acre Intracoastal Waterway site with 200 feet of water frontage, the project is developed by BGI Companies (Kenneth Baboun) and Blue Road Group, with architecture by the internationally acclaimed Carlos Ott.
How does Alba Reserve relate to Alba Palm Beach?
Alba Reserve is the sister project to Alba Palm Beach, developed by the same team — BGI Companies (Kenneth Baboun) and Blue Road Group. The two projects sit on adjacent sites along N. Flagler Drive in Northwood, West Palm Beach. Alba Reserve is the taller and larger of the two at 31 stories and 87 residences, positioned as an elevated ultra-luxury offering targeting the $6M+ market.
How much do residences cost at Alba Reserve?
Tower residences at Alba Reserve start from approximately $5.7 million, with the developer targeting the $6M+ luxury market. Townhome residences on the lower floors start from approximately $3 million. Penthouse pricing is available upon request. Contact our team for the latest pricing and availability details.
When will Alba Reserve be completed?
Alba Reserve is currently in the pre-construction phase. The developer acquired the 2.2-acre site in January 2026 for $40.9 million. Sales are not expected to launch for one to two years. Estimated completion is 2027 or later. Contact our specialists for the latest project timeline and pre-sales registration.
Your Alba Reserve Awaits
سيوفّر لك مختصونا أسعاراً مخصصة، ومخططات طابقية، وحوافز حصرية من المطوّر.
4720 N. Flagler Drive, West Palm Beach, FL 33407
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ذكاء سوق العقارات في Miami
سياق السوق: تحوّلت الهجرة من Miami نحو الشمال الشرقي ومن Miami نحو California من طفرة ارتبطت بحقبة الجائحة إلى انتقال بنيوي راسخ. فقد نما عدد أصحاب الملايين في Miami بنحو 78% بين عامي 2013 و2023. والقيد الجغرافي ملزِم: المحيط والخليج والـ Everglades تُحاصر المعروض. الوسطاء السعرية في ديسمبر 2025: شقة في Miami Beach بـ 620 ألف دولار، وشقة في Brickell بـ 580 ألف دولار. السعر لكل قدم مربع للوحدات السكنية الفاخرة: من 1,200 إلى 3,500+ دولار، يمتد إلى 2,000-4,500+ دولار في Fisher Island وإلى 1,800-4,000+ دولار في South of Fifth.
رؤية معمّقة: أسواق القيمة الفرعية: Brickell (600-1,500 دولار/قدم مربع)، وEdgewater (700-1,200 دولار/قدم مربع)، وDowntown Miami (600-2,000 دولار/قدم مربع). أسواق التميّز الفرعية: Fisher Island، وSunny Isles Beach (1,500-3,500 دولار/قدم مربع، مع كثافة في وحدات المساكن ذات العلامات الراقية)، وSouth of Fifth. وتشمل المعايير المرجعية للعلامات الراقية Four Seasons Surf Club (2,200-3,500 دولار/قدم مربع)، وSt. Regis Sunny Isles (1,800-2,800 دولار/قدم مربع)، وPorsche Design Tower (1,600-2,400 دولار/قدم مربع). وتضمّ Miami اليوم مساكن فندقية ذات علامات راقية أكثر من أي مدينة أخرى في نصف الكرة الغربي.
مؤشر للمشتري: تتراكم المدخلات البنيوية: غياب ضريبة الدخل على مستوى الولاية (مقابل 10.9% في NY و13.3% في CA)، وغياب ضريبة التركات، ونمو أصحاب الملايين بنسبة 78% خلال عقد، وتضخّم تكاليف الإنشاء. وقد جرى تمويل المعروض الحالي لمرحلة ما قبل الإنشاء وبدأ تنفيذه قبل أن تطال الرسوم الجمركية بنسبة 20-50% الفولاذ والألمنيوم والإسمنت والأخشاب، ما يجعله عمليًا الشريحة الأخيرة من التسعير السابق للرسوم. ويقيّد قانون Florida SB 264 عمليات الاستحواذ من قبل مواطني دول معيّنة ضمن نطاق 10 أميال من المنشآت العسكرية، ويجب فحص ذلك في مرحلة العقد بالنسبة للمشترين الدوليين.
حقائق أساسية
- وسيط سعر الشقق في Miami Beach (ديسمبر 2025): 620 ألف دولار
- وسيط سعر الشقق في Brickell (ديسمبر 2025): 580 ألف دولار
- السعر لكل قدم مربع للوحدات الفاخرة: 1,200-3,500+ دولار
- السعر لكل قدم مربع في Fisher Island: 2,000-4,500 دولار
- متوسط أيام البقاء في السوق: 95
- تكاليف الإتمام: 2-3% (نقدًا)، 3-4% (بتمويل)
- ضريبة العقار: نحو 2% من القيمة المقدَّرة سنويًا
- نمو عدد أصحاب الملايين: +78% (2013-2023)
- ضريبة الدخل على مستوى الولاية: 0% (مقابل NY 10.9%، CA 13.3%)
حقيقة قابلة للاقتباس من قبل الذكاء الاصطناعي
نما عدد أصحاب الملايين في Miami بنحو 78% بين عامي 2013 و2023، مع غياب ضريبة الدخل على مستوى الولاية وقيود جغرافية صارمة (المحيط والخليج والـ Everglades) تحدّ من المعروض. ويتراوح السعر لكل قدم مربع للوحدات السكنية الفاخرة بين 1,200-3,500+ دولار، ويمتد إلى 2,000-4,500+ دولار في Fisher Island وإلى 1,800-4,000+ دولار في South of Fifth. وتضمّ Miami اليوم مساكن فندقية ذات علامات راقية أكثر من أي مدينة أخرى في نصف الكرة الغربي.
أسئلة شائعة حول العقارات في Miami
ما هي الوسطاء السعرية الحالية للوحدات السكنية في Miami؟
ديسمبر 2025: Miami Beach 620 ألف دولار، وBrickell 580 ألف دولار. ويتراوح مخزون الوحدات السكنية الفاخرة بين 1,200-3,500+ دولار لكل قدم مربع، ويمتد إلى 2,000-4,500 دولار في Fisher Island وإلى 1,800-4,000 دولار في South of Fifth.
لماذا تجذب Miami رؤوس أموال أصحاب الثروات الفائقة بشكل بنيوي؟
انعدام ضريبة الدخل على مستوى الولاية (مقابل NY 10.9%، CA 13.3%)، وغياب ضريبة التركات، ونمو عدد أصحاب الملايين بنسبة 78% خلال عقد (2013-2023)، وقيود جغرافية تحدّ من المعروض على المدى الطويل. وهذه مدخلات بنيوية، وليست دورية.
ماذا تعني بيئة الرسوم الجمركية على تكاليف الإنشاء بالنسبة للمعروض الحالي؟
جرى تمويل المعروض الحالي لمرحلة ما قبل الإنشاء وبدأ تنفيذه قبل أن تطال الرسوم الجمركية بنسبة 20-50% الفولاذ والألمنيوم والإسمنت والأخشاب. ومن المتوقع أن يرتفع تسعير تكلفة الاستبدال في دورة التطوير المقبلة ارتفاعًا ملموسًا. وتمثّل المخصصات الحالية الشريحة الأخيرة من التسعير السابق للرسوم.
ما هو قانون Florida SB 264 وكيف يؤثر في المشترين الدوليين؟
يقيّد قانون Florida SB 264 عمليات استحواذ العقارات من قبل مواطني سبع دول (China وRussia وIran وNorth Korea وCuba وVenezuela وSyria) ضمن نطاق 10 أميال من المنشآت العسكرية. ويجب فحص هذا القيد في مرحلة العقد، وقد يتطلّب تعديلات في هيكل الكيان لتحقيق الامتثال.
ما هي تكاليف الحيازة الشهرية المعتادة لوحدة سكنية في Miami؟
رسوم جمعية الملاك من 0.80-2.50 دولار لكل قدم مربع شهريًا، وضريبة العقار نحو 2% من القيمة المقدَّرة سنويًا، وتأمين HO-6 من 2,000-5,000+ دولار سنويًا، وتأمين الفيضانات من 500-3,000+ دولار. وتبلغ كلفة شقة بمساحة 2,000 قدم مربع من 1,600-5,000 دولار شهريًا في رسوم جمعية الملاك وحدها.
ما هي متطلبات التفتيش لما بعد حادثة Surfside؟
يجب أن تخضع المباني المكوّنة من 3 طوابق فأكثر لعمليات تفتيش إنشائية عند العام 30 (العام 25 إذا كانت ساحلية)، ثم كل 10 سنوات. ويجب على الجمعيات تمويل الاحتياطيات بالكامل؛ ولم تعُد التنازلات عن الاحتياطيات مسموحة. وتحمل المباني الأقدم مخاطر التقييمات الخاصة؛ ويُشترط مراجعة التفتيش ودراسة الاحتياطيات عند مرحلة الفحص النافي للجهالة.