215 Fifth Street Tower
A Live Local tower that would put condos where the plan says five stories
- West Palm Beach
- Downtown
- Not yet released
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- From
- Not released
- Per sq ft
- Private
- Interiors sq ft
- Not released
- Residences
- 77
- Floors
- 25
- Setting
- Downtown West Palm Beach
Premier research file. Updated October 15, 2026 from 7 sources. See them
215 Fifth Street is a pre-application for a 25-story mixed tower on about half an acre north of downtown West Palm Beach, using Florida's Live Local Act to exceed the district's five-story zoning. The concept by Urban Design Studio and Arquitectonica puts 36 workforce rentals on the second and third floors and 41 condominiums above, including a penthouse near 8,500 square feet. The city heard it on August 27, 2026, and its urban design planner called the height out of scale. The land has been held since 2005 by an LLC tied to Marsha Stocker; no developer has been named.
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What is proposed
Live Local, the 2023 state law expanded in 2026, lets a project with at least 40 percent workforce or affordable units match the tallest permitted building nearby and bypass some local approvals. Most West Palm Live Local proposals have been rentals; this one would sell the upper 60 percent as condominiums, which makes it the first of its kind on this list. The concept is early: the unit counts come from a design obtained by The Real Deal and could change after city feedback.
215 Fifth Street Tower location
Fifth Street runs east to Flagler Drive between downtown's Clematis Street district and the Nora District, a short walk to the Brightline station and the waterfront. Listing material for the lot describes Intracoastal views toward the Breakers from upper levels. The parcel is reported at 0.51 acres by the city and one acre by a listing that also marketed it for lease in October 2026.
The full area guide: Downtown West Palm Beach. Nearby: Banyan Tree Residences West Palm Beach, Mr. C Residences West Palm Beach, Residences at 464 Fern Street, The Berkeley Palm Beach
215 Fifth Street Tower at a glance
Compiled from the developer’s releases, city filings and press. Pricing and availability move; the private presentation carries the current release.
- Address
- 215 5th St, West Palm Beach, FL 33401 (parcel also includes a second structure at 606 N Olive Ave)
- Also searched as
- 215 5th Street, 215 Fifth St Live Local condo, PRE-APP-26070048 (City of West Palm Beach case number)
- Area
- Downtown West Palm Beach
- Status
- Proposed (as of October 2026)
- Developer
- Owner not publicly identified
- Architect
- Arquitectonica
- Height
- 25 stories
- Residences
- 77 · 41 market-rate condominiums (including a reported 8,500 sq ft penthouse) above 36 workforce-housing rental units on the second and third floors; 60% market-rate / 40% workforce under the Live Local Act
- Pricing
- Not released. Comparable towers nearby from $2M
- Views
- Intracoastal Waterway (one lot west of N Flagler Dr), The Breakers and Palm Beach island
- Delivery
- Not announced; pre-application only
215 Fifth Street Tower timeline and completion date
- 2005Site sold for $5.9M to an LLC registered to Marsha Stocker and a Boca Raton real estate law firm (TRD, citing property records)source
- August 26, 2026The Real Deal reports Urban Design Studio and Arquitectonica's pre-application for a 25-story Live Local tower with 60% market-rate condos and 40% workforce rentals; developer unidentifiedsource
- August 27, 2026City PPRC pre-application meeting PRE-APP-26070048: 'Request to develop Multifamily Residential utilizing Live-Local Affordable Housing allowances', 0.51 acres at 215 5th St; heard alongside Rybak's 534 Datura pre-appsource
- August 31, 2026TRD follow-up (Rybak story) reports city planner Chris Kimmerly called the 25-story height 'out of scale' for a district typically zoned for five stories; Live Local allows matching the tallest building within a milesource
- October 15, 2026Property still listed for commercial lease (MLS R11141063, 'Active Under Contract'); listing says the city has allowed up to 5 stories and pitches hotel, garage, retail or residential usessource
- ExpectedNot announced; pre-application only
Before you place a deposit
- No developer, partner, price or timeline has been identified, and only a pre-application exists.
- City staff called 25 stories out of scale for a five-story district, and the city has resisted Live Local preemption elsewhere.
- The same land was marketed for lease while the pre-application was pending; the deal behind it is unclear.
Who it suits
- Buyers watching for a downtown condominium under $5 million in a building that may not happen
- Neighbors and owners tracking how Live Local is being used downtown
While you wait
Questions
Questions buyers ask about 215 Fifth Street Tower
What is being proposed at 215 Fifth Street in West Palm Beach?
A 25-story tower under Florida's Live Local Act with 36 workforce rental apartments on the lower floors and 41 condominiums above, designed by Urban Design Studio and Arquitectonica. The city heard a pre-application on August 27, 2026; no formal application or developer had been made public by mid-October.
When will 215 Fifth Street Tower be completed?
Proposed as of 2026-10. Pre-application only. The City of West Palm Beach PPRC pre-application agenda for Aug 27, 2026 lists PRE-APP-26070048, 'Request to develop Multifamily Residential utilizing Live-Local Affordable Housing allowances' on about 0.51 acres at 215 5th St (case manager Chris Kimmerly). The Real Deal (Aug 26 and Aug 31, 2026) reported the concept as a 25-story tower with 36 workforce rentals on floors 2-3 and 41 condos above, 60/40 market-rate to workforce, by Urban Design Studio and Arquitectonica; the city's urban design planner called the height 'out of scale' for a district zoned for five stories. No developer has been identified, no formal application was found on PPRC agendas through Sept 24, 2026, and the property was marketed for lease as 'Active Under Contract' on Oct 15, 2026. Completion: Not announced; pre-application only.
How many residences does 215 Fifth Street Tower have, and how big are they?
215 Fifth Street Tower has 77 residences over 25 stories. 41 market-rate condominiums (including a reported 8,500 sq ft penthouse) above 36 workforce-housing rental units on the second and third floors; 60% market-rate / 40% workforce under the Live Local Act.
Who is the developer of 215 Fifth Street Tower?
Owner not publicly identified. Architect: Arquitectonica.
Is 215 Fifth Street Tower on the water?
No, the site is not on the water. Views from the residences take in Intracoastal Waterway (one lot west of N Flagler Dr), The Breakers and Palm Beach island.
Where is 215 Fifth Street Tower located?
215 5th St, West Palm Beach, FL 33401 (parcel also includes a second structure at 606 N Olive Ave), in Downtown West Palm Beach (Downtown, Fifth Street near Flagler Drive).
Where these facts come fromShow sources
- Plans & Plats Review Committee & Pre-Application Agenda, August 27, 2026 (PRE-APP-26070048)City of West Palm Beach · August 27, 2026
- Plans for mixed-use tower with condos, Live Local apartments pop up in West Palm (paywalled; facts from search snippets)The Real Deal · August 26, 2026
- Rybak pitches Live Local apartment tower in West Palm Beach (paywalled; facts from search snippets)The Real Deal · August 31, 2026
- West Palm Beach Tower Leverages Live Local Act for HousingE-A-A · August 26, 2026
- 215 5th Street, West Palm Beach Property Listing: MLS R11141063BocaExpert.com · October 15, 2026
- West Palm Beach Nursing Home to Become 25-Story, 261-Unit Tower (534 Datura context)Discover South Florida · October 14, 2026
- West Palm nixes 25-story towers on Flagler as downtown plan advancesPalm Beach Post via Yahoo · September 9, 2026
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