Alba Palm Beach: a finished tower on North Flagler Drive and what that changes for buyers

A finished building lets the buyer test the view

Plans are 2 and 3 bedrooms from 1,746 to 4,500 square feet, with the sold-out four-bedroom townhomes at the base and the 6-home penthouse collection at the top. Views take in the Intracoastal, Palm Beach island and the ocean beyond. The penthouses add the downtown skyline to the south.

A finished tower removes the need to imagine. A buyer can stand on the actual terrace of the actual residence at the actual hour. The visit settles what the Intracoastal traffic sounds like, where the sun sets and whether the neighboring lots to the north block anything.

No rendering and no sales-gallery model can do that. On a corridor where towers have been redesigned twice between contract and delivery, it is worth a great deal. Finishes are Spina O'Rourke's, and Artefacto turnkey furniture packages are offered. That serves the out-of-state buyer who wants to move in the week of closing rather than furnish a home from Manhattan.

Alba dues come from an operating association

The program runs to more than 25,000 square feet: sunrise and sunset pools, a private dining room with temperature-controlled wine storage, and a fitness center with Technogym and a Pilates reformer. On-site day docks sit on the Intracoastal, and owners receive a 1-year Palm Beach Yacht Club membership.

Health is covered by a medical concierge through Mount Sinai Health System, with Sollis urgent-care access. The building added a residential partnership with Chevre in January 2026. Whether the concierge sits in dues or is billed per use is a question for the association.

Dues are the number no unbuilt tower can give. Listing-reported assessments in October 2026 run roughly $3,100 to $3,700 a month for two- and three-bedroom homes near 1,800 square feet. They reach about $5,000 for 2,770 square feet and $7,900 to $8,200 for homes of 3,170 to 4,471 square feet.

That is roughly $1.75 to $1.85 a square foot a month. Because the association is operating, the figure reflects actual insurance and staffing rather than a developer's estimate. Confirm the current figure with ONE Sotheby's, and run it through the True cost of ownership tool on this site.

Alba sits outside the flood hazard area and its sister tower is on hold

The site is in FEMA Zone X shaded, the 0.2 percent annual chance zone, outside the special flood hazard area. Every new tower south of it on Flagler Drive, from Olara to South Flagler House, sits in Zone AE, where flood insurance is mandatory with a federally backed mortgage.

A financed buyer at Alba avoids that requirement. A cash buyer should carry flood coverage anyway and will pay less for it. Property tax follows the 2025 West Palm Beach stack of 20.4468 mills: about $61,300 a year on a $3 million residence assessed at full value, before homestead. Northwood Harbor is outside the Downtown Development Authority district.

BGI proposed a sister tower, Alba Reserve, on the adjoining property. The city's planning board rejected the 30-story version in May 2026. Until a revised plan is approved, the finished building's northern sightline is what it is today. What the developer intends to refile, and when, is the question to ask, because the answer affects the north-facing homes.

Who Alba Palm Beach suits and what to compare

Alba suits a buyer who wants to move in now and values a known dues number and a known view over a brand name. It suits an owner who is financing and would rather not carry mandatory flood insurance, and who wants a smaller building with a medical concierge and docks. It is the only North Flagler tower that can be bought and occupied this year.

A buyer who wants a larger club, a restaurant or a hotel brand should compare Olara or The Ritz-Carlton Residences and accept a 2028 delivery. A buyer who wants a finished home at the South Flagler price tier should look at Forté on Flagler. A Premier Listings advisor can arrange a private viewing of the remaining residences at 4714 North Flagler Drive, which here means the actual home rather than a gallery.