Former Bridgewater Associates CTO Buys AKAI Estates Residence For $8 Million In Southwest Ranches

Prasad Hedge has joined bigwig investors migrating to South Florida from Connecticut. Hedge, who was previously a CTO with Bridgewater Associates, a premier asset management firm owned by Founder and Co-Chief Investment Officer Ray Dalio, purchased an estate in Southwest Ranches Akai Estates for $8 million. Hedge is currently COO at 777 Partners, the Miami based private investment firm which is deeply involved in international sports teams and league investment. 777 Partnes has more than $3 billion in assets under management with several high-profile investments in international soccer including La Liga’s Sevilla FC, Genoa C.F.C., the Brazilian club Vasco de Game and Belgian club Standard Liège.

“When moving my family from Connecticut, we were seeking a new, modern designed single-family community. Ideally, we wanted a home within close proximity to both Miami and Fort Lauderdale. It was also important for us to be near top ranked schools. We have been working with design consultants and architects at AKAI Estates, and the process has been seamless,” said Prasad Hedge.

This sale is proof of the luxury buyers and wealthy execs continuing to bet big in South Florida. More specifically, sights are set on Southwest Ranches, a neighborhood that has seen an influx of these wealthy buyers. Hedge chose to move his family from Connecticut to AKAI Estates in Southwest Ranches in order to have a luxury single family home, while not sacrificing space or land. AKAI Estates is a luxury pre-construction single family estate community with two acre lots per home. Southwest Ranches has historically appealed to wealthy execs and business leaders looking for sprawling estates and exclusivity, keeping close proximity to Miami at just 15 miles away.

Located within the estate community, the impressive bright and airy home will be situated on a two-acre lot. It features six bedrooms and eight and a half bathrooms within two floors of open space. The model selected by Hedge includes two sundeck pavilions, one that leads to the glass-walled home gym, with a custom sunken living room and firepit. The home’s upscale summer kitchen boasts appliances by Miele. The home’s dazzling 2,343 square-foot infinity-edge pool is ideal for entertaining, surrounded by lush landscaping as well as a private sports court. The home also offers indoor entertainment with a theater space. With conceptual design by internationally acclaimed Vasco Vieira, in partnership with local architect of record Jiro Yates, the home beautifully merges indoor and outdoor living spaces.

“As a response to the single-family home shortage in South Florida, AKAI Estates is delivering 16 signature luxury estates tucked away in one of South Florida’s most sought-after residential havens, Southwest Ranches. As part of a prestigious suburban landscape, the 44-acre community offers five distinct residential floor plans, each delivered on two acres of private property which makes AKAI even more unique,” said Alex Yokana, Developer of AKAI Estates.

AKAI Estates is a collection of 16 signature luxury homes tucked away in Southwest Ranches, one of South Florida’s most sought-after residential havens. The 44-acre property offers 5 distinct residences to choose from, each delivered with two acres of private property. AKAI Estates is being developed by Alex Yokana, Jairo Vela, and Amos and Michael Sochaczevski. Bento Queiroz Team under Compass is the exclusive sales team for the development.

Check Out The Most Expensive Penthouse In Coral Gables Listed For $14.9 Million At Villa Valencia

A wellness escape in the sky, this upper penthouse at Villa Valencia is expected to shatter records once sold. It’s currently the most expensive condo listed in Coral Gables at $14.9 million. The building holds the record for most expensive condo sale of the lower penthouse for $6.5M. Villa Valencia is being developed by Location Ventures and will deliver early this year.

Designed with wellness in mind, the ultra-luxury penthouse is a full floor four-bedroom, five and a half-bathroom residence, with office and den. In addition to the typical features that make for life in the lap of luxury such as rain showers, Wolf appliances, Brizo fixtures and more, the most unique aspect of this residence is its more than 4,000 SF of outdoor space, complete with a summer kitchen, bar and dining area, buyer’s option plunge pool and meditation space. A product of the pandemic, an expansive, and highly functional outdoor terrace for condo buyers is the new necessity. Further aiding in residents’ health, high-tech air and water filtration, via the Delos DARWIN system.

Each residence interior at Villa Valencia will showcase a private foyer and elevator entry, complete with superior finishes, including European flooring, 10-foot exterior sliding doors, and finished custom closets. Kitchens are equipped with state-of-the-art Subzero and Wolf appliances, a wine cooler, custom cabinetry and quartz countertops. On the outside, the façade features a modern take of Coral Gables’ signature Mediterranean architecture style, designed by Hamed Rodriguez Architects.

In the boutique building, residents can enjoy an amenity portfolio that leaves no stone unturned. The wellness program includes a hammam, steam room, his-and-her saunas, hydrotherapy plunge pools, alongside a state-of-the-art fitness facility with areas for yoga, Pilates and weight training. For outdoor enjoyment, a 78-foot resort-style pool with a lap lane and waterfall is complemented by two summer kitchens and spacious sunbeds for relaxation. A dinner party can be hosted in the Cucina, while a game night can take place in the lively entertainment room, followed by movies in the theater. An executive room with video conferencing allows professionals to work from home with ease. It overlooks the adjacent park, whose grassy field features a large sculpture and water features. Nearby a dog run is perfect for pet lovers.

For residents looking for additional private space, poolside cabanas and private garages are also available for purchase.

Villa Valencia is also pursuing a National Green Building Standard certification, along with bespoke residence services such as closet organization, physician-led health evaluations, acupuncture, dietician-led consultations and more via its Elevate Wellness brochure.

Located in the heart of the City Beautiful, the building has direct access to Miami International Airport and is blocks from Miracle Mile. The Greater Miami Area is a rapidly expanding economic hub, and Coral Gables alone is home to 20 consulates and 140 multinational corporations. It is an ideal community with “Class A” office space, top private and public schools and universities, country clubs, golf courses and world-class culture – all within steps to Villa Valencia.

Bentley Motors And Dezer Development Reveal New Renderings of Bentley Residences Miami

Bentley Motors, in collaboration with Dezer Development, has revealed new renderings of Bentley Residences Miami showcasing the stunning views and lavish interiors at the ultra-luxury waterfront development coming to Sunny Isles Beach. Bentley Residences Miami is first Bentley-branded residential tower in the world. Setting an entirely new standard for luxury living, these two pioneering industry brands have joined forces for one of the most revolutionary, highly-anticipated partnerships in the world of luxury and hospitality. Dezer Development is led by Gil Dezer and has been one of the most active developers transforming the Sunny Isles Beach skyline.

Bentley Residences Miami will feature 216 exquisitely finished residential units, each embracing an exquisite balance of indoor/outdoor living. Pricing starts at $4.2 million and every unit will encompass an individual balcony swimming pool, unobstructed seascapes, and floor-to-ceiling glass windows seamlessly implemented throughout.

Bentley Residences, set to debut in Sunny Isles Beach in 2026, marks the world’s very first Bentley branded luxury residential property. Conceptualized by top U.S property developer, Dezer Development, designed by the world-renowned architectural firm Sieger Suarez Architects - known for their work on Dezer Development’s Porsche Design Tower and Residences by Armani/Casa the tower will feature uninterrupted views of the ocean and waterways, bringing the beauty of the outdoors into each new home.

The Bentley design team is collaborating with Dezer on the interior and exterior architecture of the building, translating Bentley’s luxury design to the residential experience. Built with luxury car owners in mind, each residence will include an in-unit multi-car garage and a patented car Dezervator alongside all the most desirable luxury amenities and world-class services. Designed by world-renowned architectural firm, Sieger Suarez Architects, the luxury residential tower is designed to appeal to Bentley’s and Dezer Development’s most discerning customers.

Bentley Residences Miami’s 12,000 sqft. sales gallery will unveil in April 2022, giving buyers a first-hand glimpse of the private beachfront enclave that will encompass a one-of-a-kind collection of residences. Poised to be nothing short of extraordinary, the sales gallery will feature an actual full-size 6,000 sqft. model unit replica within, establishing this particular sales gallery as the first of its kind for brokers and potential buyers. The Bentley Residences sales gallery will be located at 18325 Collins Avenue.

East Unit

West Unit

Amenities

Exterior

Renderings via Bentley Residences Miami

For more information about Bentley Residences Miami, private showings or purchasing/ leasing information please fill out the form below:

Billionaire Entrepreneur Buys $23.5 Million Penthouse Through Social Media at Jade Signature

Billionaire entrepreneur Adam Weitsman, who made his fortune in scrap metal recycling and crypto, has purchased the penthouse at Jade Signature in Sunny Isles Beach for $23.5 million. Weitsman saw the unit and completed the deal fully through social media. Weitsman was represented by Chad Carroll with Compass, who he connected with on Instagram, and ultimately made the offer sight unseen and closed the deal virtually. Weitsman is the owner and CEO of Upstate Shredding, Weitsman Recycling and founder of Viridium.

“This sale is a testament to the power of social media in real estate,” said Carroll. “My social pages have become an invaluable tool to connect with buyers and sellers from around the world and I am seeing more deals than ever before directly converting from my strong online presence.”

The sale set a record price for the building which developed by Fortune International Group and designed by Herzog & de Meuron. There are now only two sky villas remaining, which are the last developer units available. Sandra Chartouni with Fortune International Realty repped the seller.

“We believe the buyer has acquired one of the best penthouse properties in all of Miami at Jade Signature,” said Edgardo Defortuna, CEO & President of Fortune International Group. “Not only is the home over 11,000 square feet of space but it encompasses a full-floor with a continuous balcony and stunning 360-degree oceanfront views.”

The residence is a one-of-a-kind, two-story penthouse with 7 bedrooms and 9.5 baths, spanning 11,661 sq ft and over 7,500 sq ft of wrap-around balconies with an oversized jacuzzi overlooking the ocean. This two story residence has a double master suite with a private elevator to the second floor entertainment lounge. The first level is the main master bedroom with double sitting areas, master study, midnight bar, his and hers bathrooms and his and hers dressing areas. The second floor master wing includes an entertainment lounge, midnight bar, full bathroom, sauna and steam room.

Mast Capital and Starwood Capital Group Launch The Perigon, Currently Miami-Beach's Only Beachfront Pre-Construction Condo

A joint venture between Mast Capital and an affiliate of Starwood Capital Group led by Barry Sternlicht has announced the launch of reservations at The Perigon, Miami Beach’s only pre-construction, ultra-luxury condominium directly on Miami Beach’s oceanfront. Designed by a team of the world’s most respected design luminaries, The Perigon will become one of the most recognizable buildings in the Mid Beach neighborhood, and will be the area’s first residential project designed by OMA New York, the internationally acclaimed firm founded by Rem Koolhaas.

Situated at 5333 Collins Avenue along the tranquil stretch of sand between Indian Creek and the Atlantic Ocean, The Perigon was conceived as Miami Beach’s premier destination for oceanfront living. Its bold, terraced design rises 17 stories above the shoreline, and features elegant interiors by Tara Bernerd, the inimitable interior architect known for her hotel and private yacht projects. The tower also offers a seamless connection to nature, via lush gardens and serene water features envisioned by Gustafson Porter+Bowman, the landscape architecture firm responsible for redesigning the green space at the Eiffel Tower and delivering the powerful Princess Diana Memorial Fountain in London’s Hyde Park.

Featuring 82 residences, The Perigon offers spacious two- to four-bedroom residences designed by Tara Bernerd, with light-filled open floor plans ranging in size from 2,100 to 6,700 square feet. The estates in the sky include the highest quality finishes, direct water views, 10-foot ceiling heights, 10- to 12-foot deep wraparound terraces and custom Italian kitchen cabinetry designed by Tara Bernerd. They will blend the intimacy of a single-family villa with the vistas of a high-rise tower, taking advantage of the building location’s unique potential for dual-waterfront living.

The architecture at The Perigon is another key component to the condominium’s high-end lifestyle. OMA designed the building as a series of “towers,” rotated to orient and enhance views from all residences toward the Atlantic Ocean, while also optimizing views of Biscayne Bay and the Miami skyline overlooking Miami Beach. The towers are merged and lifted into a singular form that responds to the panoramic views and frees the ground-plane below, creating the appearance that the building is only gently touching the ground. The resulting reduced footprint maximizes space for the gardens below. The design for the interlocking towers will obtain LEED Gold certification when completed.

The Perigon will feature world-class service and unrivaled amenity spaces that embrace its tranquil setting on the water. An oceanfront restaurant, speakeasy-style bar and a conservatory with a daily breakfast bar will be exclusively available to residents, and a sunrise lounge and terrace will be accessible for events and entertaining. Residents can enjoy a beachfront swimming pool and hot tub, and a fully landscaped deck complete with cabanas and sunbeds. Other amenities include a spa with sauna and treatment rooms, ocean view fitness center, children’s playroom, private salon, screening room, wine room, guest suites and a dramatic double-height lobby lounge. The spaces will be activated by a dedicated lifestyle concierge and residential butler. Residents can also take advantage of 24-hour security, valet, house car, pool and beach service, in-residence dining and more.

Situated in the Mid Beach neighborhood, residents at The Perigon will be at the center of the city and its most exciting offerings. Perfectly balancing relaxation and exploration, the quiet enclave adjacent to the famous La Gorce Country Club offers the luxury of privacy, as well as close proximity to major art and cultural institutions like the Bass Museum and famous shopping destinations like Bal Harbour Shops. Residents enjoy the city’s iconic Art Deco architecture, annual events like Art Basel Miami Beach that attracts thousands of visitors to the city and some of the best new restaurants in the area.

Pricing will start at $3 million, with construction expected to complete in 2025. Sales and marketing for The Perigon is exclusively handled by Douglas Elliman Development Marketing.

Images via Binyan Studios

For more information about The Perigon, private showings or purchasing/ leasing information please fill out the form below:

At The Heart Of It All. Downtown Miami's Metamorphosis Into Global Hub Accelerates

Today, Miami’s Downtown neighborhood may be one of the world’s great cosmopolitan centers, but even just a few years ago, the area was a ghost town by nightfall. According to Sonia Figueroa, Senior VP for development powerhouse Related Group, “Offices would close, and a mass exodus would begin, with thousands commuting to residential areas like Coral Gables or Brickell. By 5 o’clock the streets would be totally deserted. It’s incredible to see how things have changed.” 

This transformation has been years in the making, requiring significant investments across countless sectors. “There wasn’t a single catalyst,” adds Figueroa. “It was many different things coming together that really drove the change. The opening of the Brightline’s MiamiCentral Station, the progress on Miami Worldcenter and, of course, the huge influx of corporations and new residents from across the country, all became a kind of perfect storm.” 

The data backs up the idea of a seemingly overnight transformation, with a recent report from Miami DDA showing a 40 percent surge in population in the downtown area since 2010 – and a 56 percent increase since 2000. 

Often the best-attuned to neighborhood trends, Miami’s developers were among the first to recognize just how quickly the area was changing. And the residential demand that would soon come.  

According to Figueroa, “Downtown Miami always had incredible potential. It’s right by the bay, it’s seconds from our best museums, our stadium, transportation options – everything. The only thing missing was residential product that could live up to those kinds of surroundings.” 

Where old, dilapidated buildings once stood, now live dozens of sleek condominiums, trendy restaurants and bars and an ample selection of retail boutiques. In fact, rental inventory in Downtown Miami has more than doubled since 2012. More than 5,900 apartments have been completed in the last two years, and another 5,900 units are under construction. 

Developers like Related Group are betting big on the future of the so-called “New Downtown.” In 2021 alone, the company announced plans for three luxury condo towers in the neighborhood, including District 225 and The Crosby – two short-term-rental-ready projects – and Casa Bella Residences by B&B Italia, a project Related believes will speak to Miami’s growing numbers of high-design aficionados. 

Built in partnership with Alta Developers, the 55-story condo looks to take a significantly more upscale approach than its neighbors, especially when it comes to its interior and exterior designs. The property is the first residential partnership for famed Italian design house B&B Italia, known around the world for its high-end collaborations with brands like Rolex, Hermès, and Rolls-Royce.  

The project’s approach to amenities is another indicator of its high-end focus. “We wanted to offer something for every lifestyle,” says Figueroa, lead developer on the project. “Entertainers will have many indoor and outdoor lounges at their disposal. Fitness and wellness enthusiasts will be able to enjoy a world-class fitness center and spa. As for those residents who love to soak up the sun, the renowned landscape designer Enzo Enea created a breathtaking pool deck complete with private cabanas and a poolside bar.”  

During the project’s launch in late 2021, Related President Jon Paul Pérez said, "We are in the middle of one of the most robust markets in Related’s history, a trend we expect will pick up further with the launch of Casa Bella.” And indeed, it did. Just weeks after launch, Casa Bella has already accumulated over $100 million in reservations. 

While still early on in its reimagining, the overwhelming demand for residential units in Downtown Miami has made one thing clear: the neighborhood is ready for its moment in the sun. 

Units at Casa Bella by B&B Italia range from $650,000 to $3.7 million for non-penthouse floorplans. For more information or to arrange a tour of the sales gallery, please visit CasaBellaResidences.com or call 305-290-1008.

This article was produced in partnership with Related Group

The Standard Residences, Midtown Miami Reveals New Renderings Giving Glimpse Of Its Amenities

The Standard Residences, Midtown Miami has revealed new renderings giving a first look at the amenity spaces at The Standard brand’s first residential project. The Standard is recognized around the world for pioneering experiential hospitality through design, culture, and an unmistakable buzz. The development will be a vibrant addition to Midtown Miami, one of the most dynamic neighborhoods in the city and located between the Miami Design District and the Wynwood Arts District. The Standard Residences, Midtown Miami will capture the hallmarks of the brand’s beloved hotels with activated social spaces, ‘anything but standard’ amenities and careful attention to detail, all with the playfulness and fun that is unmistakably The Standard.

The Standard Residences, Midtown Miami has been conceived of and brought to life in partnership with Rosso Development and Midtown Development, with interiors by renowned firm Urban Robot in collaboration with The Standard’s award-winning in-house design team. The 12-story building will blend culture, community, and style throughout 34,000 square feet of thoughtfully imagined amenity spaces spanning across five floors. In the “anything but Standard” fashion, the building will be the first property in the area to recognize the emerging Flexible Living movement, allowing owners to lease out their units for terms as short as one month.

The lobby will be a place for residents to connect, work, recharge and unwind – with areas to plug in and connect or host informal meetings and a Café with an outdoor terrace and perfectly made cappuccinos, pastries, and fresh juices. At sidewalk level, the space is designed to interact with the streetscape - and walking distance from the neighborhood’s favorite dining options including Sugarcane and Mandolin and numerous shops and boutiques. Trader Joe’s is a stone’s throw away for when residents want to cook in.

Social Lounge 21 is a social floor features a karaoke bar and screening room, as well as fully equipped co-working spaces, zoom rooms and a private boardroom.

The Stadium is part pickleball, part party, there’s no space in town other quite like this one. Residents can partake in the world’s fastest growing and incredibly social sport in an air-conditioned setting (complete with disco balls and great tunes). The Stadium is designed with a visual connection to the karaoke bar and fitness rooms through circular windows and a balcony for fans, who can also cheer on their neighbors and await their turn from the bleachers. All pickleball gear including uniforms, paddles, balls and sweat bands are provided.

The Sweat Room offers a mix of amenities that are both energizing and relaxing, The Sweat Room offers a steam room, an infrared sauna, and a fully equipped yoga and stretch studio. An open design offers ample natural light and a view of Midtown.

The Standard Residences, Midtown Miami also offers a lushly landscaped rooftop creates an unmatched outdoor experience with a 60-foot, resort-style sunset pool with a bar and restaurant reminiscent of the pool vibes that The Standard is known for from Hollywood to Miami. And everyone knows, no one does rooftops like The Standard.

The Standard Residences, Midtown Miami offers 228 pied-à-terre-style residences ranging from studios to two bedrooms are designed and finished with The Standard’s distinctive touch, blending style and functionality for interiors that are intentional but effortless. Finishes include light wood plank tile flooring, gourmet kitchens with custom Italian cabinetry and Bosch appliances, while oversized bathrooms showcase stone vanities and double-suite rain showers.

Additionally, a dedicated concierge will be available to assist owners and direct cultural and community programming. Residents will also gain access to The Standard’s “Friends with Benefits” program, which offers them preferred pricing at all The Standard hotels around the world.

Images via The Standard Residences, Midtown Miami

For more information about The Standard Residences, Midtown Miami, private showings or purchasing/ leasing information please fill out the form below:

Fortune International Group And Château Group Reveal The St. Regis Residences, Sunny Isles Beach

Fortune International Group and Château Group have officially announced the much-anticipated oceanfront St. Regis Residences in Sunny Isles Beach. With development sales that have consistently outpaced the rest of the area’s ultra-luxury condominium market, the project is yet another success story from the renowned partnership of Fortune International Group and Château Group.

The St. Regis Residences, Sunny Isles Beach, Miami are a duo of standalone, private residential towers situated on 435 linear feet of oceanfront property. The South Tower, with 62 stories and 194 residences, will be the first to enter the market, featuring residences ranging from two-to-four bedrooms and including penthouses with panoramic Atlantic Ocean and Intracoastal views. With striking design by esteemed global architecture firm Arquitectonica, interiors by celebrated São Paulo-based designer Anastassiadis furnished by Artefacto and landscape design by EDSA, Owners will enjoy iconic St. Regis service while maintaining the privacy of a luxury residential experience with no transient use of the property.

Residents will have exclusive access to approximately 70,000 square feet of amenities, featuring a vast array of high-design areas for entertaining, relaxing and working from home, including private beach facilities, oceanfront and sunset pools, a signature restaurant, a wellness center and spa, an athletic club and much more.

"It’s a very exciting time in the South Florida market and it’s been an honor to continue to elevate luxury residential living with our projects,” said Edgardo Defortuna, President and CEO of Fortune International Group. “Due to the successful sellout of The Ritz-Carlton Residences, Sunny Isles Beach and the overwhelming number of inquiries we’ve already received for The St. Regis Residences, Sunny Isles Beach, Miami, we couldn’t be more confident in the future and growth of South Florida.”

"With our extensive experience in the luxury residential condo market in South Florida, we continue to deliver distinguished personalized service and next-level amenities packages to our discerning buyers who crave the lifestyle that can be provided by a recognized, trusted global brand," said Manuel Grosskopf, CEO of Château Group. “Without a doubt, The St. Regis Residences, Sunny Isles Beach, Miami embody these coveted touchpoints and we look forward to releasing more details of the project as we come to market.”

With the announcement of The Residences, the collaboration between Château Group and Fortune International Group – two seasoned developers with a robust track record of success in delivering high-quality craftsmanship and iconic, sophisticated designs – continues to create special and remarkable living spaces filled with refined and modern elegance. Between the developers, they have completed six projects in the Sunny Isles Beach area including the recently delivered The Ritz-Carlton Residences, Sunny Isles Beach.

Renderings via DBOX

For more information about The St. Regis Residences, Sunny Isles Beach, private showings or purchasing/ leasing information please fill out the form below:

Related Group and Integra Investments Reveal New Renderings For The St. Regis Residences, Miami

Related Group and Integra Investments have revealed new renderings for The St. Regis Residences, Miami, a two tower condominium located at 1809 Brickell Ave. which is set to redefine Miami’s skyline. The St. Regis Residences, Miami is designed by Robert A.M Stern Architects (RAMSA) and Rockwell Group, who are spearheading architecture and interiors, respectively. The development will offer 354 bespoke residences set across both towers will offer an equally sophisticated experience. Homes will range from a 1,300 SF one-bedroom to a 7,000 SF duplex, with prices starting at $2,000,000. The project has a sell-out expected to exceed $2 billion.

The St. Regis Residences, Brickell will offer an everyday hotel-inspired living experience, complete with historic five-star service. Owners will enjoy lifestyle offerings worthy of the legendary St. Regis name, offering over 55,000 SF amenity areas – from an indoor lap pool to the iconic St. Regis Tea Room – as well as the brand’s signature Butler service and curated assortment of iconic rituals. Never-ending views of Biscayne Bay’s turquoise waters, rounds out the picture-perfect package.

The sales gallery for The St. Regis Residences, Miami is expected to open early next year. Reservations began in January, with official sales slated to begin early 2022. Sales and marketing are being overseen by ONE Sotheby’s International Realty.

For more information about The St. Regis Residences, Miami,, private showings or purchasing/ leasing information please fill out the form below:

BGI Companies Launches Sales at Alba Palm Beach

BGI Companies has officially launched sales at Alba Palm Beach, a new waterfront residential condominium development located directly on the Intracoastal Waterway. The development is a collection of 55 luxury residences spread throughout a 22-story tower, plus four two- and three-story townhomes. Residents will enjoy a variety of desirable amenities including an entire 25,500-square-foot, sixth-floor amenity level with sunrise and sunset swimming pools, as well as on-site private docks with boat slips exclusively for owners.

In pre-sales, the development received a strong response with more than 30% of the building reserved. Introductory pricing starting from $2.5 million with sales led by Douglas Elliman Development Marketing.

“As our first foray into residential development in the Palm Beaches, we are excited to officially launch sales with a more accessible luxury product in the Northwood area as the neighborhood continues to thrive and grow,” said Kenneth Baboun, principal developer. “With a sought-after location, Alba Palm Beach will introduce a limited-edition waterfront lifestyle that celebrates high-quality workmanship, elevated amenities, and effortless coastal living – all of which are in demand yet hard to come by in today’s market.”

“West Palm Beach has experienced a material transformation and growth in the last few years. The influx of buyers and capital in the area seeking a luxury destination coupled with offering of high caliber products in West Palm Beach has presented tremendous opportunity,” said Jay Phillip Parker, CEO of Douglas Elliman’s Florida Region and President of Douglas Elliman Development Marketing. “With Alba Palm Beach, we are setting a new standard in the neighborhood, offering a waterfront lifestyle with Intracoastal access that cannot be replicated. Our team is proud to present buyers with a development that offers an exceptional value at a premier address.”

Alba Palm Beach is located at 4714 North Flagler Drive in West Palm Beach, Florida, directly on the Intracoastal Waterway. The development’s sleek and modern design is by West Palm Beach-based Spina O’Rourke + Partners. A free-form ground level with design accents that blend into the landscape welcomes residents, who will enjoy access to an elevated amenity deck, with unobstructed sunrise, sunset, and water views. The development houses a collection of 55 two- to three-bedroom residences, and 4-bedroom townhomes with direct waterfront views. There are a limited number of residences per floor, with private elevators and vestibules offering privacy and seclusion.

Alba Palm Beach is situated on 1.71-acres with direct Intracoastal frontage, and a private dock with boat slips reserved for residents only. The tower’s entire sixth floor is dedicated to amenities, including a sunrise pool overlooking the Intracoastal, a sunset pool for the warm afternoon sun, as well as dedicated grill and lounge areas. The on-property state-of-the-art fitness studio includes cardio, resistance training, and yoga. There will also be virtual conference spaces, theater, and multi-sport simulator rooms. The development also offers a covered Porte Cochere entry, valet parking, and access to covered parking with electric vehicle charging stations.

Every residence features spacious layouts with oversized glass-framed terraces with summer kitchens and panoramic views. Floor-to-ceiling hurricane impact windows and sliding doors are installed on all terraces. Additional highlights include Italian-designed kitchens by Italkraft, stainless steel appliances by SubZero® and Wolf®, spa-like baths with designer fixtures and finishes and wiring for high-speed data, media connectivity and smart-home technology. The limited collection of four townhome residences each have their own unique two- or three-story designs.