Alba Palm Beach
Alba Palm Beach is the tower that bet on a neighborhood everyone else overlooked. Rising 22 stories at 4714 N. Flagler Drive in Northwood — the historic waterfront district north of downtown — the boutique condominium holds just 55 residences developed by BGI Companies' Kenneth Baboun with the Blue Road Group, and designed inside and out by Spina O'Rourke + Partners. Its calling card is the water: a private dock with direct Intracoastal access and no fixed bridges to the ocean — a first for new construction here. With move-ins underway and pricing from $2.5 million, Alba is Northwood's proof of concept.
Alba Palm Beach Frequently Asked Questions
❯ Where is Northwood, and why is it suddenly a luxury address?
Northwood is the historic waterfront neighborhood north of downtown, long overlooked in favor of the Flagler corridor and El Cid. The thesis is simple: it has the same Intracoastal frontage at lower land costs, and buyers priced out of South Flagler are discovering it. Alba is the pioneer — the first new luxury tower here — which means early buyers are betting on the neighborhood's trajectory, not just the building. A second phase, Alba Reserve, is already in planning.
❯ What is the "no fixed bridges" claim about the dock?
From the Alba Palm Beach dock, boats reach the Atlantic via the Intracoastal without passing under a single fixed bridge — a genuine rarity for yacht owners, who otherwise plan every outing around bridge schedules and height clearances. A day dock with slips serves residents. On the water, this is arguably a more valuable amenity than any spa.
❯ What residences are available?
The 55 Alba Palm Beach homes span two- and three-bedroom condominiums of 2,360 to 6,355 square feet, plus four two- and three-story townhomes with private plunge pools. Interiors feature hurricane impact glass, glass-framed terraces with summer kitchens, private elevators, Italkraft Italian kitchens, and Sub-Zero and Wolf appliances. Pricing runs roughly $2.5 million to $8.3 million, with lower penthouses listed near $5.8 million.
❯ Is the building complete? Can I move in now?
Yes — effectively. After a milestone concrete pour in mid-2024, closings and move-ins were slated from mid-2026, and by spring 2026 the Alba Palm Beach developer reported about 70 percent of the 55 units sold. Remaining inventory mixes upper-floor residences with the townhome collection. This is a rare chance to buy new construction on the water without a two-year wait.
❯ Who are the developer and architect?
Developer Kenneth Baboun of BGI Companies secured the site before the pandemic, partnering with the Blue Road Group; Suffolk — the builder behind The Bristol — handled Alba Palm Beach's construction management. Architecture and interiors are by West Palm Beach-based Spina O'Rourke + Partners, whose modern waterfront aesthetic defines the tower's free-form ground level, full-floor amenity deck, and light-washed interiors.
❯ What amenities does the building offer?
Alba Palm Beach offers over 25,000 square feet: a full-floor amenity level with sunrise and sunset pools, a Technogym fitness center with water views, yoga and Pilates studios, a spa, a sport simulator, theater, residents' lounge, private dining with wine storage, and 24-hour valet, concierge, and security. The dual-aspect design — sunrise pool on one side, sunset pool on the other — is the kind of detail only a 55-unit building can justify.
Key Facts
- Address: 4714 N. Flagler Drive, West Palm Beach, FL 33407 (Northwood)
- Developers: BGI Companies (Kenneth Baboun) and Blue Road Group
- Architect: Spina O'Rourke + Partners (architecture & interiors)
- Scale: 22 stories, 55 residences (2–3 BR condos, 2,360–6,355 sq ft, plus 4 townhomes)
- Pricing: Approximately $2.5M–$8.3M
- Signature: Private dock with direct, bridge-free Intracoastal-to-ocean access; 25,000+ sq ft of amenities
- Status: Completed 2026 — move-ins underway
Northwood: West Palm's Waterfront Frontier
Every luxury market has a moment when the map redraws itself, and Northwood is having its. For decades the neighborhood sat quietly while capital flowed to Flagler Drive; then remote-work migration, the finance industry's arrival, and simple arithmetic rewrote the calculus. Alba Palm Beach is the first institutional-quality answer, and its 70-percent-sold performance suggests the demand was waiting: a two-part bet on a well-designed boutique tower and on being early to the neighborhood everyone will claim they discovered.
How Alba Compares on the New-Condo Map
Stack Alba against its North Flagler peers and the trade-offs sharpen. Shorecrest and Olara offer bigger amenity machines and more established addresses at higher prices; Mr. C West Palm Beach offers downtown energy and a rental engine. Alba's edge is different scarcity — the only new-construction dock on this stretch of water, a 55-residence community where the staff learns your boat's name, and pricing that still starts with a two. For boaters, there is no substitute.
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