West Palm Beach new condo update: October 2026
Three towers rise on North Flagler as downtown keeps its waterfront low
- Edgeworth's revised count and entry price
- 184 from $5.5M
- Edgeworth's revised count and entry price
- Related Ross 464 Fern Street filing
- 194 residences
- Related Ross 464 Fern Street filing
- Commission first reading of downtown master plan
- October 26
- Commission first reading of downtown master plan
- West Palm to Lake Worth Beach 3Q median
- $515K
- West Palm to Lake Worth Beach 3Q median
Autumn 2026 finds Alba Palm Beach finished and down to its final residences. Olara, Shorecrest and the Ritz-Carlton Residences are vertical on North Flagler, South Flagler House is topped out for 2027 closings, and the Berkeley has started downtown. Related Ross filed a 25-story, 194-residence tower on Fern Street and raised Edgeworth to 184 residences from $5.5 million. The city pulled 25-story heights off the downtown waterfront. This is the state of play, building by building, as of October 15.
The short answer
- Alba Palm Beach is finished at 95 percent sold, and South Flagler House, Shorecrest and Mr. C are expected to deliver in 2027.
- Olara sits between the 15th and 18th of 26 floors on North Flagler, and the Ritz-Carlton and Shorecrest have both been out of the ground since spring.
- Edgeworth now shows 184 residences from $5.5 million, and Related Ross filed 464 Fern Street at 25 stories and 194 residences.
- The downtown master plan rewrite dropped 25-story waterfront heights, and the City Commission's first reading is October 26.
- Corcoran's third-quarter report puts the Palm Beach condo median at $1.1 million and West Palm Beach to Lake Worth Beach at $515,000, both down year over year.
West Palm Beach new condo construction centers on North Flagler
North Flagler is the active corridor, with three towers out of the ground. Olara's condominium tower went vertical in December 2025, and trackers placed it between the 15th and 18th of 26 floors through late summer. Topping out is planned for spring 2027.
The Ritz-Carlton Residences broke ground on February 24, and its $200 million Madison Realty Capital loan closed in March. More than 70 percent is sold. Shorecrest followed on April 2 with a $157 million loan from GoldenTree, so both towers have been out of the ground since spring.
South Flagler House topped out in November 2025 and is in fit-out for 2027 closings. Downtown, Mr. C passed its 16th of 27 floors in August, and the Berkeley started construction in July after $120 million in contracts. Alba Palm Beach completed in June at 95 percent sold and offers immediate occupancy.
Timing now sorts the choice. A household that wants keys in 2027 is choosing among South Flagler House, Shorecrest and Mr. C. A household that wants a finished residence today has Alba, and the remaining inventory there is the question to ask.
Entry prices rose at Edgeworth and Shorecrest after launch
Two towers now ask well above their launch figures. Edgeworth's developer pages show 184 residences from $5.5 million, up from 168 residences and $2.5 million at the March launch. Shorecrest's listings run from about $3.99 million to $14.75 million for the 28th floor, against the $2.7 million to $7 million range reported at groundbreaking.
At Alba, townhome TH-C-301 closed in July at $10.443 million as a sponsor sale, and listings run from $2.5 million to $9.95 million. Maison d'Or released its $39.7 million full-floor penthouse in August, with groundbreaking planned for late in the year.
The clearest signal came from Forté. Its last two half-floor developer residences closed in September at $10.2 million each, against asks of $14.7 million and $15.3 million. That gap is the best evidence yet of where finished South Flagler product trades, and it belongs beside any asking price on the corridor.
Banyan Tree cleared its last approval while Alba Reserve stalled
Banyan Tree Residences won unanimous Downtown Action Committee approval on August 12, the final step for a code-compliant downtown project. The city's record carries the tower at 22 stories and 296 feet, while the developer's materials say 25. The height in the offering documents settles the difference.
Related Ross filed Residences at 464 Fern Street in June: 25 stories and 194 two- to four-bedroom residences designed by Roger Ferris + Partners. The tower would stand on the block Related Ross bought for $55 million in May. Rosewood Residences received city approval in June, though no sales launch has followed.
Alba Reserve went the other way. The Planning Board voted 6-1 on May 19 to recommend denial, and through October 13 the project had not appeared on a Commission agenda.
The downtown master plan rewrite lost its 25-story waterfront heights after public opposition and cleared the Planning Board on September 15. It reaches the City Commission for a first reading on October 26, with a second reading expected in January 2027. The second reading is the vote that settles the waterfront.
Palm Beach condo medians fell in the third quarter
Resale prices frame every new-construction ask. Corcoran's third-quarter report for the coastal Palm Beaches, published October 15, puts Palm Beach island condominiums and co-ops at a median of $1.1 million on 75 sales. That is down 13 percent from a year earlier, with inventory at 185 residences and a fifth straight quarterly decline.
The West Palm Beach to Lake Worth Beach segment recorded a median of $515,000 on 108 sales, down 41 percent. The drop is smaller than it looks. The report attributes it to last year's figures, which were skewed higher by new-development closings at Forté.
Brown Harris Stevens' second-quarter report put the island's condo median at $1.5 million and $1,167 a square foot, and a select West Palm segment at $526 a square foot. The Bristol's unit 1801 closed just over $19 million. The two reports cover different quarters, so their medians should not be read against each other.
What to watch in West Palm Beach next
- October 26: the City Commission's first reading of the downtown master plan.
- Late 2026: Maison d'Or breaks ground, and Rosewood Residences launches sales, teased for winter.
- Spring 2027: Olara tops out, and construction starts at Edgeworth and Nora House.
- 2027: closings at South Flagler House, Shorecrest and Mr. C.
- Any Commission date for Alba Reserve, and the Terra and BH closing on 2085 North Flagler.
General information, not legal or tax advice. Statutes change and the sources are dated. For every new tower with its figures and floor plans, open the index.
Questions this article answers
Which new condo towers are under construction on North Flagler Drive in West Palm Beach?
Olara, Shorecrest and the Ritz-Carlton Residences are all vertical on North Flagler. Olara sat between the 15th and 18th of 26 floors through late summer. The Ritz-Carlton broke ground February 24 and is more than 70 percent sold, and Shorecrest broke ground April 2.
Which West Palm Beach condo towers deliver in 2027?
South Flagler House, Shorecrest and Mr. C are expected to close in 2027. South Flagler House topped out in November 2025 and is now in fit-out. Mr. C passed its 16th of 27 floors in August.
Is Alba Palm Beach finished and can a buyer still purchase there?
Yes. Alba Palm Beach completed in June at 95 percent sold and offers immediate occupancy on its final residences. Listings run from $2.5 million to $9.95 million, and townhome TH-C-301 closed in July at $10.443 million as a sponsor sale.
When will Olara in West Palm Beach top out?
Topping out is planned for spring 2027. Olara's condominium tower went vertical in December 2025, and trackers placed construction between the 15th and 18th of its 26 floors through late summer 2026.
How many residences does Edgeworth West Palm Beach have and what is the starting price?
Edgeworth's developer pages now show 184 residences from $5.5 million. That is up from 168 residences and $2.5 million at the March launch. Construction is expected to start in spring 2027.
What is Related Ross building at 464 Fern Street in West Palm Beach?
Related Ross filed Residences at 464 Fern Street in June: a 25-story tower of 194 two- to four-bedroom residences designed by Roger Ferris + Partners. It stands on the block Related Ross bought for $55 million in May.
What happened to 25-story waterfront heights in the West Palm Beach downtown master plan?
They were dropped after public opposition. The rewrite, stripped of its 25-story waterfront heights, cleared the Planning Board on September 15. The City Commission first reading is October 26, and a second reading is expected in January 2027.
Is Alba Reserve approved in West Palm Beach?
No. The Planning Board voted 6-1 on May 19 to recommend denial of Alba Reserve. Through October 13 the project had not appeared on a City Commission agenda, so a Commission date is the item to watch.
What were condo median prices in Palm Beach and West Palm Beach in the third quarter of 2026?
Corcoran's third-quarter report shows a $1.1 million median on Palm Beach island, down 13 percent, and $515,000 for West Palm Beach to Lake Worth Beach, down 41 percent. The report attributes the West Palm drop to last year's figures carrying new-development closings at Forté.
SourcesShow
- The Corcoran Report 3Q 2026, Coastal Palm Beaches and Barrier IslandsCorcoran · October 15, 2026
- Another tower rising in downtown West Palm BeachStet News · August 14, 2026
- Plans filed for 25-story Residences at 464 Fern StreetFlorida YIMBY · August 21, 2026
- Keeping height limitsStet News · September 8, 2026
- EdgeworthRelated Ross · October 2026
- South Florida top real estate deals, September 25, 2026The Real Deal · September 25, 2026
