Shorecrest
Related Ross · Roger Ferris + Partners · North Flagler Waterfront
Shorecrest on North Flagler Drive
Shorecrest is a Related Ross waterfront condominium at 1865 North Flagler Drive. Related Ross announced the project's groundbreaking on April 3, 2026, confirming a 28-story building with 98 residences.
Roger Ferris + Partners designed the architecture and Rottet Studio the interiors. Related Ross anticipated completion in 2027 in its April 2026 release; buyers should treat that date as developer guidance and confirm current progress before contracting.
Shorecrest at a Glance
1865 North Flagler Drive, West Palm Beach, FL 33407
Related Ross
Roger Ferris + Partners
98
28
Condominium
North Flagler Drive
Why Buyers Choose Shorecrest
Low-density floorplate
The official program calls for four residences per floor.
Waterfront views
Homes are oriented toward the Intracoastal, Palm Beach Island and the Atlantic beyond.
Dated construction evidence
Related Ross publicly confirmed the April 2026 groundbreaking.
How to evaluate Shorecrest
Shorecrest's boutique floorplate and dated construction evidence make it easier to evaluate than an announcement-stage project. Current inventory, deposits and contract delivery provisions still require a fresh developer package.
About Shorecrest
Shorecrest West Palm Beach
Shorecrest is a boutique waterfront condominium by Related Ross at 1865 North Flagler Drive. The project brings together architecture by Roger Ferris + Partners, interiors by Rottet Studio and a wellness program created in partnership with Equinox.
Construction stage and anticipated timing
Related Ross announced Shorecrest's groundbreaking on April 3, 2026 and described the project as 98 residences across 28 stories. That dated primary release anticipated completion in 2027. Because construction schedules can change, buyers should request a current milestone report and contract-specific delivery language.
Explore Palm Beach new developments, Olara, and South Flagler House. Primary source: Related Ross groundbreaking announcement.
World-Class Amenities
Rooftop & Wellness
- 75-foot rooftop lap pool
- Hot tub and cold plunge
- Sauna and steam rooms
- Fitness and wellness spaces
Resident Life
- Private dining room
- Game lounge
- Executive meeting spaces
- Residents-only lifestyle director
Homes
- Two- and three-bedroom residences
- Private terraces
- Water views
- Four residences per floor
The Visionaries
Related Ross
Developer
Roger Ferris + Partners
Architecture
Rottet Studio
Interior Design
North Flagler Drive
A waterfront corridor north of downtown West Palm Beach with views toward Palm Beach Island.
Intracoastal frontage
Palm Beach Island views
Downtown access
Frequently Asked Questions
Where is Shorecrest?
Shorecrest is located at 1865 North Flagler Drive in West Palm Beach.
Who is developing Shorecrest?
Related Ross is the developer. Roger Ferris + Partners designed the architecture and Rottet Studio designed the interiors.
Has construction started?
Yes. Related Ross announced the project's groundbreaking on April 3, 2026 after securing construction financing earlier that year.
When is Shorecrest expected to be completed?
Related Ross's April 2026 groundbreaking announcement anticipated completion in 2027. This is developer guidance and should be reconfirmed against current construction progress.
Private Availability at Shorecrest
For current availability, pricing history, floor plans, and off-market opportunities at Shorecrest, request a confidential review with our advisory team.
1865 North Flagler Drive, West Palm Beach, FL 33407
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Miami Real Estate Market Intelligence
Market Context: The Miami-to-Northeast and Miami-to-California migration has converted from pandemic-era spike to structural relocation. Miami’s millionaire population grew approximately 78% between 2013 and 2023. Geographic constraint is binding: ocean, bay, and Everglades pin supply. December 2025 medians: Miami Beach condo $620K, Brickell condo $580K. Luxury condominium price per sq ft: $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth.
Value submarkets: Brickell ($600-$1,500/SF), Edgewater ($700-$1,200/SF), Downtown Miami ($600-$2,000/SF). Trophy submarkets: Fisher Island, Sunny Isles Beach ($1,500-$3,500/SF, dense branded-residence inventory), South of Fifth. Branded benchmarks include Four Seasons Surf Club ($2,200-$3,500/SF), St. Regis Sunny Isles ($1,800-$2,800/SF), and Porsche Design Tower ($1,600-$2,400/SF). Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Structural inputs compound: no state income tax (vs. 10.9% NY, 13.3% CA), no estate tax, 78% decade millionaire growth, and construction-cost inflation. Current pre-construction inventory was financed and broken ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber, effectively the last tranche of pre-tariff pricing. Florida SB 264 restricts acquisitions by nationals of certain countries within 10 miles of military installations and must be screened at contract stage for international buyers.
Key Facts
- Miami Beach Condo Median (Dec 2025): $620K
- Brickell Condo Median (Dec 2025): $580K
- Luxury Condo $/SF: $1,200-$3,500+
- Fisher Island $/SF: $2,000-$4,500
- Avg Days on Market: 95
- Closing Costs: 2-3% (cash), 3-4% (financed)
- Property Tax: ~2% of assessed value annually
- Millionaire Population Growth: +78% (2013-2023)
- State Income Tax: 0% (vs. NY 10.9%, CA 13.3%)
What Buyers Should Know
Miami’s millionaire population grew approximately 78% between 2013 and 2023 with no state income tax and hard geographic constraints (ocean, bay, Everglades) capping supply. Luxury condominium price per sq ft runs $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth. Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Miami Real Estate FAQs
What are Miami’s current condominium medians?
December 2025: Miami Beach $620K, Brickell $580K. Luxury condominium stock runs $1,200-$3,500+ per sq ft, extending to $2,000-$4,500 on Fisher Island and $1,800-$4,000 at South of Fifth.
Why is Miami attracting UHNW capital structurally?
Zero state income tax (versus NY 10.9%, CA 13.3%), no estate tax, a 78% decade growth in the millionaire population (2013-2023), and geographic constraints that cap long-run supply. These are structural inputs, not cyclical.
What does the construction-cost tariff environment mean for current inventory?
Current pre-construction inventory was financed and broke ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber. Replacement-cost pricing on the next development cycle is expected to rise materially. Current allocations represent the last tranche of pre-tariff pricing.
What is Florida SB 264 and how does it affect international buyers?
Florida SB 264 restricts property acquisitions by nationals of seven countries (China, Russia, Iran, North Korea, Cuba, Venezuela, Syria) within 10 miles of military installations. The restriction must be screened at contract stage and may require entity-structure adjustments to comply.
What are typical monthly carrying costs on a Miami condominium?
HOA $0.80-$2.50 per sq ft per month, property tax ~2% of assessed value annually, HO-6 insurance $2,000-$5,000+ annually, flood insurance $500-$3,000+. A 2,000 sq ft condo runs $1,600-$5,000 per month in HOA alone.
What are the post-Surfside inspection requirements?
Buildings 3+ stories must undergo structural inspections at year 30 (year 25 if coastal), then every 10 years. Associations must fully fund reserves; reserve waivers are no longer permitted. Older buildings carry special-assessment risk; inspection and reserve-study review is required at due-diligence.