Bottom line
The 55-unit tower is complete, 95% sold, and welcoming residents while West Palm Beach still shows 106 active new-construction listings citywide. This guide is buyer education, not a substitute for current building-specific pricing, availability, fee, or contract verification.
How to use this guidance
Use the guidance to frame questions before comparing West Palm Beach buildings. Then check project pages, current floor-plan packets, source-linked updates, and The Scott Gordon Group at Douglas Elliman for the details that can change.
What changed
Alba Palm Beach is no longer just a sales story. The 22-story waterfront tower at 4714 N. Flagler Drive is complete, move-ins are underway, and the project is reporting that it is 95% sold. That shifts Alba from a future delivery question to a finished-product question. The tower has 55 residences, more than 25,000 square feet of amenities, and a remaining entry point starting around $2.5 million. On North Flagler, that matters. Buyers are now looking at a real building, not a promise on paper.
What the numbers say
The official Alba page says the building is complete and nearly sold out. Independent coverage says the same thing and adds that residents are already moving in. That is a strong signal in a corridor where many of the biggest names are still working through construction or future-supply timing. The broader West Palm Beach new-construction shelf is still open. One current directory shows 106 active listings citywide, a 270-day average DOM, and a $4.5985 million median list price. The market is not starved for choice. What is scarcer is completed waterfront inventory that buyers can inspect and occupy now.
Why this matters on North Flagler
North Flagler is becoming a split-screen market. On one side are completed or nearly completed buildings. On the other are towers still in the pipeline, with pricing, delivery timing, and line selection that can still move. Alba gives buyers a different kind of decision: certainty now versus optionality later. That difference is not cosmetic. A finished building lets a buyer judge the actual arrival experience, the feel of the lobby, the quality of the amenities, and the real water exposure instead of relying on renderings. If a buyer wants to live here immediately, Alba now competes on lived reality rather than projected vision.
Who this fits
This is the cleanest fit for end users and second-home buyers who want North Flagler water access, boutique scale, and no delivery risk. It is also useful for buyers who care more about certainty than bargain hunting. The completed building is a practical answer for someone who wants to use the residence now and does not need to speculate on a future turn. It is less useful for buyers whose main goal is leverage. If the priority is to maximize negotiating room, customize around an unfinished packet, or wait for a later release, the unfinished market remains the place to look. Alba is for the buyer who wants a finished address, not a future one.
What to ask next
Before treating Alba as a simple headline sale, ask which lines are still available, what the monthly carrying cost looks like, and how parking, storage, and insurance work on the remaining homes. Then compare the remaining inventory line by line against the waterfront and downtown options still in play. The right comparison set is not just Alba. It is Alba against Olara, Shorecrest, The Berkeley, and South Flagler House, depending on whether you want immediate occupancy, larger scale, or future pipeline. The useful question is not whether North Flagler is hot. It is whether a finished building now fits your life better than waiting for a tower that is still coming.
Verification note
Before touring or relying on a public summary, verify current availability, incentives, carrying costs, square footage, delivery timing, and whether a building's public packet has changed.