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Alba Palm Beach Completed Along West Palm Beach's 'Billionaire's Corridor" Waterfront at 95% Sold

June 25, 2026

Alba Palm Beach has announced its completion at 95% sold, marking the delivery of the first new residential project along North Flagler within the city’s burgeoning Northwood neighborhood. With direct access to the Intracoastal Waterway, Alba Palm Beach arrives as a new wave of residential and commercial investment continues to reshape the area increasingly recognized as West Palm Beach’s “Billionaire’s Corridor.”

Developed by BGI Companies alongside Blue Road, constructed by Moss and with interiors by Spina O’Rourke + Partners, Alba Palm Beach begins at $2.5 million and comprises 55 boutique waterfront residences across a 22-story tower along the Intracoastal Waterway. The property offers a range of floor plans, from expansive waterfront residences to a limited collection of townhomes, a distinctive offering for new construction in West Palm Beach that has since completely sold out. Alba Palm Beach is also home to a Horizon Penthouse Collection, a limited series of six residences spanning floors 19 through 21 with 11-foot ceilings, private elevator access and sweeping views of the Intracoastal, Atlantic Ocean and Palm Beach Island.

“When I first looked at this stretch of waterfront six years ago, I believed West Palm Beach was on the verge of a major transformation,” said Kenneth Baboun, managing partner of BGI Companies and principal developer of Alba Palm Beach. “You could already see the momentum building, from new business and investment coming into the city to a growing demand for a higher level of luxury residential living. The response to Alba has reinforced what I saw early on, both in the future of Northwood and in the demand for a more boutique waterfront product tailored to how today’s luxury buyer wants to live. I’m incredibly proud of what Alba delivers to the market, what it represents for the continued growth of this corridor and now being able to welcome residents home.”

"West Palm Beach has become one of the most important luxury markets in the country, and Alba Palm Beach stands as a beacon of this city’s incredible transformation,” said Daniel de la Vega, President & CEO of ONE Sotheby’s International Realty. “The project represents the caliber of design, craftsmanship, and waterfront living that today’s buyers expect, and has set a new benchmark for high-end development in the region."

Alba Palm Beach offers more than 25,000 square feet of resort-caliber amenities, including a private dining room with temperature-controlled wine storage, a state-of-the-art fitness center with Technogym equipment and a Pilates reformer, sunrise and sunset pools, and onsite day docks along the Intracoastal. The development also integrates a series of exclusive partnerships designed to elevate the residential experience, including medical concierge services through Mount Sinai Health System and a one-year membership to the Palm Beach Yacht Club.

Inspired by the surrounding Intracoastal Waterway and Atlantic Ocean, the residences feature a soft, natural material palette and sculptural design elements complemented by turnkey furniture packages by Artefacto. “Our vision for Alba was to create interiors that felt both elegant and deeply connected to the surrounding waterfront,” said Tammy O’Rourke, principal and director of interior design at Spina O’Rourke + Partners. “The material palette and overall design language were intentionally shaped by the natural textures and tones of the Intracoastal and Atlantic.”

One Sotheby’s International Realty is the exclusive sales and marketing team for Alba Palm Beach. Alba Palm Beach is located at 4714 N. Flagler Dr. West Palm Beach, FL 33407

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Past PROFILE Articles about Alba Palm Beach:

South Florida and Miami Real Estate News, Media and Lifestyle
Alba Palm Beach Completed Along West Palm Beach's 'Billionaire's Corridor%22 Waterfront at 95% Sold 2.jpeg
June 25, 2026
Alba Palm Beach Completed Along West Palm Beach's 'Billionaire's Corridor" Waterfront at 95% Sold
June 25, 2026

Alba Palm Beach has announced its completion at 95% sold, marking the delivery of the first new residential project along North Flagler within the city’s burgeoning Northwood neighborhood. With direct access to the Intracoastal Waterway, Alba Palm Beach arrives as a new wave of residential and commercial investment continues to reshape the area increasingly recognized as West Palm Beach’s “Billionaire’s Corridor.”

Read more →
June 25, 2026
Alba Palm Beach Reveals Exclusive Partnership With Miami-based Acclaimed Gourmet Cheese and Wine Shop Chèvre 1.jpg
January 13, 2026
Alba Palm Beach Reveals Exclusive Partnership With Miami-based Acclaimed Gourmet Cheese and Wine Shop Chèvre
January 13, 2026

Alba Palm Beach, the only new luxury waterfront residential development in West Palm Beach with delivery scheduled for Spring 2026, has revealed an exclusive residential partnership with Miami-based wine and cheese shop, Chèvre, celebrated for its gourmet creations, curated cheeses, specialty pantry goods and boutique wines from small producers.

Read more →
January 13, 2026
Waterfront Townhome At Alba Palm Beach Sells For $10.66 Million In West Palm Beach 4.jpg
February 26, 2025
Waterfront Townhome At Alba Palm Beach Sells For $10.66 Million In West Palm Beach
February 26, 2025

In a remarkable transaction that underscores the desirability of waterfront luxury real estate, Alba Palm Beach has officially sold its final premier townhome for an impressive $10,660,000. This landmark sale marks a significant milestone for the exclusive development, renowned for being the only condominium offering waterfront townhomes in West Palm Beach.

Read more →
February 26, 2025
Alba Palm Beach Begins Vertical Construction On West Palm Beach Waterfront 3.JPG
August 7, 2024
Alba Palm Beach Begins Vertical Construction On West Palm Beach Waterfront
August 7, 2024

Alba Palm Beach has begun vertical construction after completing a 10+ hour concrete pour on July 27, with an additional 4 hours of concrete poured the following day. Of new luxury condo projects sprouting up across West Palm Beach, which includes more than 6,600 residential units, Alba Palm Beach is now currently the furthest along in construction.

Read more →
August 7, 2024
Alba_HERO.jpg
November 15, 2023
Alba Palm Beach Closes On $95 Millon Construction Loan
November 15, 2023

Miami-based BGI Capital has closed on a $95 million construction loan sourced in partnership with Wexcor Capital, a New York City-based real estate investment, management & advising firm, and financed by Kriss Capital, an New York City-based direct lender making construction and bridge loans on residential assets, to fund the completion of Alba Palm Beach.

Read more →
November 15, 2023
Luxury Waterfront Boutique Condo Alba Palm Beach Breaks Ground In West Palm Beach
August 14, 2023
Luxury Waterfront Boutique Condo Alba Palm Beach Breaks Ground In West Palm Beach
August 14, 2023

BGI Companies and Blue Road Group have broken ground on Alba Palm Beach, a collection of 55 boutique luxury residences, including a limited collection of four unique two- and three-story townhomes, each with unobstructed views of the serene Intracoastal Waterway and their own private plunge pools. Alba Palm Beach has an expected completion in 2025 and is located at 4714 N. Flagler Drive in West Palm Beach.

Read more →
August 14, 2023
West Palm Beach Condo Development Alba Palm Beach Locks Down $82 Million Construction Loan
April 25, 2022
West Palm Beach Condo Development Alba Palm Beach Locks Down $82 Million Construction Loan
April 25, 2022

Private real estate lender Trez Capital funded an $82 million loan to build Alba Palm Beach, a luxurious waterfront condominium project that will soon rise in West Palm Beach, Florida. The new development is located directly on the west bank of the Intracoastal Waterway in the emerging Northwood neighborhood.

Read more →
April 25, 2022
BGI Companies Launches Sales at Alba Palm Beach
March 2, 2022
BGI Companies Launches Sales at Alba Palm Beach
March 2, 2022

BGI Companies has officially launched sales at Alba Palm Beach, a new waterfront residential condominium development located directly on the Intracoastal Waterway. The development is a collection of 55 luxury residences spread throughout a 22-story tower, plus four two- and three-story townhomes.

Read more →
March 2, 2022

Images via Alba Palm Beach

For more information about Alba Palm Beach or to inquire about purchasing a unit please fill out the form below:

In Construction, Construction News, Construction Update, Development, Development News, News, News & Features, Palm Beach, Residential, West Palm Beach Tags News & Features, News, Development News, Development, Residential, Alba Palm Beach, West Palm Beach, Kenneth Baboun, BGI Companies, Blue Road Group, 4714 N Flagler Drive, Featured, Spina O'Rourke + Partners, Schmidt Nichols, Ortega Construction Company, Construction News, Construction Update, Construction
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