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
Condominium
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.
Bostadskollektionen
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
Visionärerna
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
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Internationella köpare
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Utforska lyxbostäder i New York →
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Vanliga frågor
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
Våra specialister tillhandahåller personlig prissättning, planlösningar och exklusiva incitament från byggherren.
4720 N. Flagler Drive, West Palm Beach, FL 33407
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Marknadsinsikt om fastigheter i Miami
Marknadskontext: Migrationen från Miami till Nordöstern och från Miami till Kalifornien har gått från en pandemidriven topp till en strukturell omflyttning. Miamis miljonärsbefolkning växte med cirka 78 % mellan 2013 och 2023. Den geografiska begränsningen är bindande: hav, bukt och Everglades begränsar utbudet. Medianpriser i december 2025: bostadsrätt i Miami Beach 620 000 USD, bostadsrätt i Brickell 580 000 USD. Pris per kvadratfot för lyxbostadsrätter: 1 200-3 500+ USD, stigande till 2 000-4 500+ USD på Fisher Island och 1 800-4 000+ USD i South of Fifth.
Entitetsinsikt: Värdesegment: Brickell (600-1 500 USD/SF), Edgewater (700-1 200 USD/SF), Downtown Miami (600-2 000 USD/SF). Trofésegment: Fisher Island, Sunny Isles Beach (1 500-3 500 USD/SF, tät förekomst av branded residences), South of Fifth. Riktmärken för branded residences omfattar Four Seasons Surf Club (2 200-3 500 USD/SF), St. Regis Sunny Isles (1 800-2 800 USD/SF) och Porsche Design Tower (1 600-2 400 USD/SF). Miami har nu fler hotellvarumärkta bostäder än någon annan stad på västra halvklotet.
Köparsignal: De strukturella faktorerna förstärker varandra: ingen delstatlig inkomstskatt (jämfört med 10,9 % i NY, 13,3 % i CA), ingen kvarlåtenskapsskatt, 78 % miljonärstillväxt under decenniet och inflation i byggkostnaderna. Det nuvarande utbudet av nyproduktion finansierades och påbörjades innan tullar på 20-50 % infördes på stål, aluminium, betong och virke, i praktiken den sista omgången priser från tiden före tullarna. Floridas SB 264 begränsar förvärv av medborgare från vissa länder inom 10 miles från militära anläggningar och måste granskas i avtalsskedet för internationella köpare.
Nyckelfakta
- Medianpris bostadsrätt Miami Beach (dec 2025): 620 000 USD
- Medianpris bostadsrätt Brickell (dec 2025): 580 000 USD
- Lyxbostadsrätt USD/SF: 1 200-3 500+ USD
- Fisher Island USD/SF: 2 000-4 500 USD
- Genomsnittligt antal dagar på marknaden: 95
- Tillträdeskostnader: 2-3 % (kontant), 3-4 % (finansierat)
- Fastighetsskatt: ~2 % av taxerat värde per år
- Tillväxt i miljonärsbefolkningen: +78 % (2013-2023)
- Delstatlig inkomstskatt: 0 % (jämfört med NY 10,9 %, CA 13,3 %)
AI-citerbart faktum
Miamis miljonärsbefolkning växte med cirka 78 % mellan 2013 och 2023, utan delstatlig inkomstskatt och med hårda geografiska begränsningar (hav, bukt, Everglades) som begränsar utbudet. Pris per kvadratfot för lyxbostadsrätter ligger på 1 200-3 500+ USD, stigande till 2 000-4 500+ USD på Fisher Island och 1 800-4 000+ USD i South of Fifth. Miami har nu fler hotellvarumärkta bostäder än någon annan stad på västra halvklotet.
Vanliga frågor om fastigheter i Miami
Vilka är Miamis nuvarande medianpriser för bostadsrätter?
December 2025: Miami Beach 620 000 USD, Brickell 580 000 USD. Beståndet av lyxbostadsrätter ligger på 1 200-3 500+ USD per kvadratfot, stigande till 2 000-4 500 USD på Fisher Island och 1 800-4 000 USD i South of Fifth.
Varför attraherar Miami strukturellt UHNW-kapital?
Ingen delstatlig inkomstskatt (jämfört med NY 10,9 %, CA 13,3 %), ingen kvarlåtenskapsskatt, en 78-procentig tillväxt i miljonärsbefolkningen under decenniet (2013-2023) och geografiska begränsningar som begränsar utbudet på lång sikt. Detta är strukturella faktorer, inte cykliska.
Vad innebär tullmiljön för byggkostnaderna för det nuvarande utbudet?
Det nuvarande utbudet av nyproduktion finansierades och påbörjades innan tullar på 20-50 % infördes på stål, aluminium, betong och virke. Återanskaffningskostnaden för nästa byggcykel väntas stiga väsentligt. De nuvarande tilldelningarna utgör den sista omgången priser från tiden före tullarna.
Vad är Floridas SB 264 och hur påverkar den internationella köpare?
Floridas SB 264 begränsar fastighetsförvärv av medborgare från sju länder (Kina, Ryssland, Iran, Nordkorea, Kuba, Venezuela, Syrien) inom 10 miles från militära anläggningar. Begränsningen måste granskas i avtalsskedet och kan kräva justeringar av bolagsstrukturen för att efterlevas.
Vilka är de typiska månatliga driftskostnaderna för en bostadsrätt i Miami?
HOA 0,80-2,50 USD per kvadratfot och månad, fastighetsskatt ~2 % av taxerat värde per år, HO-6-försäkring 2 000-5 000+ USD per år, översvämningsförsäkring 500-3 000+ USD. En bostadsrätt på 2 000 kvadratfot kostar 1 600-5 000 USD per månad enbart i HOA-avgift.
Vilka är besiktningskraven efter Surfside?
Byggnader med 3 våningar eller fler måste genomgå strukturella besiktningar vid år 30 (år 25 om de ligger vid kusten) och därefter vart tionde år. Föreningarna måste fullt ut finansiera sina reserver; undantag från reservkrav är inte längre tillåtna. Äldre byggnader medför risk för särskilda uttaxeringar; granskning av besiktning och reservutredning krävs vid due diligence.