I am Rachel Williams, a Real Estate Advisor with The Premier Group at Compass, the #1 real estate team in Delray Beach, Florida by sales volume. In 2025, our team closed more than 550 transactions and over $475 million in sales across Palm Beach County. My practice covers the full Palm Beach County corridor: Delray Beach, Boca Raton, Boynton Beach, Wellington, and the West Palm Beach downtown luxury tower market, where the Wall Street relocation trade is reshaping what a Florida condo actually costs.
Downtown West Palm Beach is in the middle of the most concentrated ultra-luxury condominium tower boom in South Florida history. Between 2019 and the end of 2027, more than a half-dozen major new towers along Flagler Drive have delivered or will deliver, with total prices ranging from about $1.7 million at the entry end to $73 million at the top of the market.
The demand is real, and it is not driven by traditional Florida snowbird buyers alone. Palm Beach County has been rebranded as "Wall Street South." Goldman Sachs has moved part of its asset management division to West Palm Beach and expanded plans to more than 100 traders and sales representatives locally, Elliott Investment Management now operates from 360 Rosemary in downtown, and Citadel, BlackRock, Point72, Morgan Stanley, Virtu Financial, Wells Fargo (moving its wealth management HQ), and Merrill Lynch have all expanded regional presence since 2022. Those relocations are reshaping the West Palm Beach luxury condo buyer profile in real time.
This guide is a factual, tower-by-tower breakdown of the West Palm Beach condos that matter most to a 2026 buyer, organized by delivery status. Everything here is on or immediately adjacent to Flagler Drive with direct or near-direct Intracoastal Waterway views, and every tower listed is a genuine luxury product, not a repositioned older building.
Delivered and Occupied : The Reference Point
THE BRISTOL: 69 FLOW-THROUGH RESIDENCES
1100 South Flagler Drive
Delivered: 2019
Height: 25 stories
The Bristol is the reference point for new luxury construction in West Palm Beach. Every residence is flow-through, running from the Intracoastal Waterway and Palm Beach island on one side to the city and the Atlantic Ocean on the other, with terraces on both exposures.
Residence details:
- 69 residences total
- Flow-through floor plans from 3,700 to 9,000 square feet
- Full concierge, valet, and car service
Amenities: pool deck and terrace gardens over the water, two-story fitness center and spa, club lounge, private dining, chauffeured house car.
Best fit for buyers who want an established building with a proven resale market and a fully staffed five-star service model.
LA CLARA: BOUTIQUE WATERFRONT
1515 South Flagler Drive
Delivered: 2023
La Clara is a delivered, immediate-occupancy boutique waterfront tower: smaller in unit count than the trophy buildings, but positioned squarely in the luxury tier. Clean, modern, refined architecture on Flagler with direct Intracoastal exposure.
Best fit for buyers who want a completed, high-end West Palm Beach waterfront residence without committing to the scale or carrying cost of the largest towers, and who need immediate occupancy rather than a pre-construction closing timeline.
Newly Delivered or Near - Complete
ALBA PALM BEACH: 59 RESIDENCES INCLUDING 4 TOWNHOMES
4714 North Flagler Drive
Height: 22 stories
Footprint: 1.7-acre direct Intracoastal site
Alba is one of the most distinctive of the new-generation West Palm Beach towers. It is genuinely boutique in unit count and sits on a 1.7-acre parcel, an unusually large site for a tower of this scale, which is what allows the building's signature sunrise-and-sunset pool concept and private dock with boat slips for residents.
Residence details:
- 59 total residences
- 4 townhomes (2- and 3-story configurations)
- 55 tower residences
- Unit sizes 1,745 to over 4,500 square feet
- Pet-friendly
Amenities include the sunrise pool overlooking the water paired with a separate sunset pool, private dock with boat slips for residents, spa, fitness center, and social lounge.
Best fit for buyers who want a boutique unit count with genuine on-site boat dockage and a lower entry price band than the Flagler south-end trophy towers.
FORTÉ ON FLAGLER: BOUTIQUE LUXURY WATERFRONT
Flagler Drive, downtown West Palm Beach
Forté is a boutique luxury waterfront condominium project cross-shopped with The Bristol and La Clara. Modern architecture, small unit count, direct Flagler Drive positioning.
Best fit for buyers cross-shopping The Bristol and La Clara who want a comparable boutique tower profile and are willing to trade a specific building's amenity stack for a specific view corridor or floor plate.
Pre - Construction and Under Construction
OLARA WEST PALM BEACH: 287 CONDOS + 170 RENTAL APARTMENTS
1919 North Flagler Drive
Developer: Savanna (New York-based)
Height: 26 stories, two towers
Olara is the largest of the new West Palm Beach luxury condo projects by unit count. It is a two-tower waterfront development that combines 287 for-sale condominiums with 170 rental apartments on one master site.
Residence details:
- 287 for-sale condominium units in the 26-story condo tower
- Unit sizes approximately 1,500 to 4,200+ square feet
- 2- to 4-bedroom-plus-den configurations
- 2026 asking prices approximately $1.7 million to $8 million
- Price per square foot approximately $1,370 to $2,000
Olara is meaningfully lower entry-price than the trophy Flagler south-end towers and comes with a full luxury amenity stack: multiple pools, restaurant, wellness spa, resident lounges, and Intracoastal orientation.
Best fit for buyers who want new-construction West Palm Beach waterfront at an entry price band closer to $1.7 million than $6 million, and who are comfortable with a larger unit count for a lower per-foot price.
SOUTH FLAGLER HOUSE: 108 RESIDENCES (LAKE TOWER + PARK TOWER)
1355 South Flagler Drive
Developer: Related Ross (Related Companies) with Robert A.M. Stern Architects
Height: Two 28-story towers
Estimated completion: 2027
South Flagler House is the top of the West Palm Beach condo market and the highest-profile Robert A.M. Stern building in South Florida. This is the first residential high-rise in South Florida by Related Companies, the New York developer behind Hudson Yards, and the Related Ross joint venture is the largest single luxury development bet in West Palm Beach's history.
Residence details:
- Two 28-story towers: Lake Tower (waterfront, facing South Flagler Drive) and Park Tower
- 108 residences total across both towers
- Configurations from 2- to 5-bedroom homes plus penthouses and guest suites
- Pricing from approximately $6 million to $73 million (reported)
- Ground broke April 17, 2024
- Topped off November 2025 at final 28-story height
Amenities include a 25-meter lap pool with sun shelf, hot tub, poolside cabanas, men's and women's spas with vitality pools, ice plunges, steam and saunas, changing and locker rooms, spa treatment rooms, salon, state-of-the-art fitness center, pickleball court, pilates and yoga studios, private training studio, golf simulator lounge, and outdoor recreation lawns.
Location: waterfront on South Flagler Drive with sweeping views of Lake Worth Lagoon, Palm Beach island, and the Atlantic Ocean, minutes from Worth Avenue, The Royal Poinciana Plaza, and the Norton Museum of Art.
Best fit for the ultra-luxury buyer who wants Robert A.M. Stern architecture, Related Companies pedigree, and a genuine trophy asset with expected long-term price defense.
How to Compare : The Tower Decision Framework
Six factors typically drive the decision for a West Palm Beach luxury condo buyer:
1. DELIVERY STATUS. The Bristol, La Clara, and Alba are delivered or near-complete: you can walk them and close on real inventory. Forté, Olara, and South Flagler House are pre-construction or under construction: you are contracting on renderings and floor plans with 2026-2027 delivery timelines.
2. ENTRY PRICE. Olara opens the widest entry band at approximately $1.7 million. Alba entry is meaningfully higher. The Bristol resale runs high seven figures. South Flagler House starts at approximately $6 million and reaches $73 million at the top of the penthouse stack.
3. UNIT COUNT. South Flagler House (108 residences across two towers) and Alba (59 residences) are boutique. Olara (287 condos + 170 rentals) is the largest. Unit count materially affects hallway traffic, amenity crowding, and resale competition.
4. FLOOR PLAN. The Bristol's flow-through floor plans running Intracoastal to ocean are the reference standard. Most other towers offer single-exposure Intracoastal or park-facing residences.
5. ON-SITE BOAT DOCKAGE. Alba is the notable option for residents wanting on-site boat slips.
6. DEVELOPER PEDIGREE. South Flagler House (Related Companies + Robert A.M. Stern) is the highest-pedigree development on the market. Olara (Savanna, New York) is a proven institutional developer. The Bristol has established resale.
Why The West Palm Beach Luxury Condo Market Is Different Now
Two structural changes are driving this market:
WALL STREET SOUTH. Palm Beach County has attracted major financial institutions since 2022 including Goldman Sachs, Elliott Management, Citadel, BlackRock, Point72, Morgan Stanley, Wells Fargo (relocating its wealth management HQ to West Palm Beach), Virtu Financial, and Merrill Lynch. The Winter Equestrian Festival in nearby Wellington generates a separate $536.2 million annual economic impact in Palm Beach County. Between the finance migration and the equestrian season inflow, the buyer pool for a $5 million to $73 million downtown condo is deeper and more year-round than at any point in the county's history.
DOWNTOWN DENSITY. Downtown West Palm Beach added more than 9,500 residents between 2020 and 2025, reaching a population of 126,944. Projected population by 2050 is 156,600. That density is what supports the walk-to-dining, walk-to-Kravis-Center, walk-to-Rosemary Square lifestyle these towers are selling.
WEST PALM BEACH MARKET DATA (August 2026, city-wide):
- Median home sale price: $430,000
- Median condo/co-op list price: $212,500
- Median single-family list price: $715,000
- 1,784 active listings, up 104% year over year, indicating inventory is normalizing after the 2020-2023 tight-supply market
Luxury tower pricing trades at a substantial premium to these city-wide numbers, but the growth in general inventory is a healthy market signal.
West Palm Beach has six luxury condo towers that a serious 2026 buyer should shortlist:
1. The Bristol: established, $8M+ resale, 69 flow-through residences
2. La Clara: delivered boutique, immediate occupancy
3. Alba Palm Beach: 59 residences on 1.7-acre site with on-site boat slips
4. Forté on Flagler: boutique waterfront cross-shopped with The Bristol and La Clara
5. Olara: largest new tower, lowest entry band ($1.7M start), 287 condos
6. South Flagler House: top of the market, Related Companies + Robert A.M. Stern, $6M-$73M
The right tower comes down to delivery timing, entry price, unit count, and how much of a developer-pedigree premium the buyer is willing to pay.
Frequently Asked Questions
Q1: What are the best luxury condo towers in West Palm Beach?
A: The six luxury condo towers a 2026 West Palm Beach buyer should shortlist are: The Bristol (1100 S Flagler, 25 stories, 69 residences, delivered 2019), La Clara (1515 S Flagler, boutique, delivered 2023), Alba Palm Beach (4714 N Flagler, 22 stories, 59 residences with on-site boat slips), Forté on Flagler (boutique waterfront), Olara (1919 N Flagler, 26 stories, 287 for-sale condos, Savanna), and South Flagler House (1355 S Flagler, two 28-story towers, 108 residences, Related Companies with Robert A.M. Stern, completing 2027).
Q2: How much is a condo at The Bristol Palm Beach?
A: The Bristol at 1100 South Flagler Drive is a 25-story tower with 69 flow-through residences ranging from 3,700 to 9,000 square feet. Every residence runs from the Intracoastal Waterway and Palm Beach island on one side to the city and Atlantic Ocean on the other. Resale pricing runs in the eight-figure range for larger flow-through residences and high seven figures for smaller units. Contact a licensed Palm Beach County agent for current active inventory and pricing.
Q3: What is South Flagler House?
A: South Flagler House at 1355 South Flagler Drive is the first residential high-rise in South Florida by Related Companies (Robert A.M. Stern Architects). The project consists of two 28-story waterfront towers, the Lake Tower and Park Tower, with 108 residences total, including 2- to 5-bedroom homes, penthouses, and guest suites. Pricing runs from approximately $6 million to $73 million. Ground broke April 17, 2024, topped off in November 2025, with estimated completion in 2027.
Q4: How much does an Olara condo cost?
A: Olara at 1919 North Flagler Drive by New York-based Savanna offers 287 for-sale condominiums plus 170 rental apartments across a 26-story two-tower waterfront development. Condo unit sizes range from approximately 1,500 to 4,200+ square feet in 2- to 4-bedroom-plus-den configurations. 2026 asking prices run approximately $1.7 million to $8 million, or roughly $1,370 to $2,000 per square foot.
Q5: What is Alba Palm Beach?
A: Alba Palm Beach at 4714 North Flagler Drive is a 22-story boutique luxury tower with 59 residences (including four 2- and 3-story townhomes) on a 1.7-acre direct Intracoastal site. Unit sizes range from 1,745 to over 4,500 square feet. The building is pet-friendly and features a distinctive sunrise-and-sunset pool concept plus a private dock with boat slips for residents.
Q6: Which luxury condo tower in West Palm Beach has on-site boat slips?
A: Alba Palm Beach at 4714 North Flagler Drive is the primary new-construction West Palm Beach luxury tower with a private dock and on-site boat slips for residents. The building sits on a 1.7-acre direct Intracoastal site.
Q7: Who are the developers behind the new West Palm Beach luxury condo towers?
A: The major developers behind the new West Palm Beach luxury condo boom include Related Companies (Related Ross joint venture) at South Flagler House working with Robert A.M. Stern Architects, and Savanna at Olara. The Bristol, La Clara, Alba, and Forté each have their own development groups.
Q8: Why is West Palm Beach called Wall Street South?
A: West Palm Beach has been rebranded "Wall Street South" because major financial institutions have relocated or expanded to Palm Beach County since 2022, including Goldman Sachs, Elliott Management (operating from 360 Rosemary in downtown West Palm Beach), Citadel, BlackRock, Point72, Morgan Stanley, Virtu Financial, Wells Fargo (relocating its wealth management HQ to West Palm Beach), and Merrill Lynch. This finance migration is a primary driver of the downtown luxury condo tower boom.
Q9: What is the median home price in West Palm Beach in 2026?
A: The median home sale price in West Palm Beach in August 2026 was $430,000, with median single-family list price at $715,000 and median condo/co-op list price at $212,500 (city-wide averages that trade far below luxury Flagler Drive tower pricing). Active inventory was 1,784 listings, up 104% year over year, indicating a normalizing market after the 2020-2023 tight-supply cycle.
Q10: What is the difference between The Bristol, La Clara, and Forté on Flagler?
A: All three are boutique luxury waterfront condominium towers on South Flagler Drive in West Palm Beach. The Bristol (2019, 69 flow-through residences 3,700-9,000 sqft) is the established reference point with proven resale. La Clara (delivered 2023) is a delivered boutique product for immediate occupancy. Forté on Flagler is a similar-tier boutique tower cross-shopped with The Bristol and La Clara. Choice usually comes down to specific view corridor, floor plate, and amenity stack.
Q11: When will South Flagler House be complete?
A: South Flagler House at 1355 South Flagler Drive broke ground April 17, 2024, topped off in November 2025 at its final 28-story height, and is estimated to complete construction in 2027. Two 28-story towers deliver 108 residences ranging from 2- to 5-bedroom homes, penthouses, and guest suites.
Q12: What is the cheapest new luxury condo in West Palm Beach?
A: Among new-construction West Palm Beach luxury condo towers, Olara at 1919 North Flagler Drive offers the widest entry band at approximately $1.7 million for smaller 2-bedroom-plus-den residences in the 1,500 square foot range. Trophy towers like South Flagler House start at approximately $6 million.
Rachel Williams | Real Estate Advisor and REALTOR
The Premier Group at Compass
Serving Delray Beach • Boca Raton • Palm Beach County
561-900-5477
403 N Swinton Ave Delray Beach, FL 33444
