The Berkeley, West Palm Beach’s Family Tower

New Developments

The Berkeley, West Palm Beach’s Family Tower

Nikko Karki
Nikko Karki September 18, 2026
West Palm Beach keeps two waterfronts. The famous one faces Palm Beach across the Intracoastal and carries The Bristol, the sales galleries and the record prices. The other is Clear Lake, the broad pool of fresh water behind downtown, two minutes from The Square and long left alone. A tower has been rising on its eastern shore since December 2024. The Berkeley brings back the developer of The Bristol with a different brief, family residences at a published entry under two million dollars. Nothing here has closed, so this report reads the asking ladder, the field around it and the calendar between contract and keys.
Residences
193
Family plans from 2,061 to 5,834 square feet across 25 stories on Clear Lake
The Published Entry
$1.9M
Start of the developer's price sheet. Every figure at the building is an asking price
Open Listings
6
On the building page this week, from $3.7M to a $12.75M penthouse
Recorded Closings
0
The tower delivers in 2028, so the deed record has not started

The Bristol's Developer Returns for a Different Buyer

Al Adelson's Australian Property Group is building The Berkeley, and the name behind it explains the attention. Adelson was pivotal in developing The Bristol, the 2019 tower on South Flagler Drive where he still serves as vice president of the board. That building recorded a trailing-year median of $15.3 million at $3,218 a square foot, and the new project sells on that record. Bernardo Fort-Brescia of Arquitectonica designed the new tower and its interiors both.

The brief this time is different, and the building page says so plainly. The Berkeley serves family buyers with flex-room floor plans at a lower price point than The Bristol. Every residence runs east to west through the tower, with the lake and Palm Beach on one side and the downtown skyline on the other.

An Asking Ladder Where a Record Will Be

The building's market, for now, is a sheet of asking prices. The developer's published range opens at $1.9 million and runs past ten million. Six resale-style listings sit on the open MLS this week, from $3.7 million for a three bedroom on the fourth floor to $12.75 million for a penthouse. The middle of that ladder is a pair worth studying. Residences 800 and 1208 share one 3,286 square foot plan, sit four floors apart, and their asking prices differ by half a million dollars.

Read the ladder for structure, not for value. By the square foot the six listings run from about $1,429 to $2,683, floor and exposure doing most of the work. No deed exists to test any of it. The field's only recorded evidence sits at Alba up the shore, where eight closings carry a median of $1,868 a foot.

Six Open Listings Draw the Ladder
Every listing open on the building page this week, by asking price. The published sheet starts lower, at $1.9M, and nothing has closed.
The six open listings at The Berkeley by asking price, September 2026$4M$8M$12MPenthouse 2500$12.8M4,752 SFResidence 1208$6.1M3,286 SFResidence 800$5.6M3,286 SFResidence 1905$5M2,621 SFResidence 1506$4.2MResidence 404$3.7MThe six open listings at The Berkeley by asking price, September 2026$4M$8M$12MPenthouse 2500$12.8MResidence 1208$6.1MResidence 800$5.6MResidence 1905$5MResidence 1506$4.2MResidence 404$3.7M
  • Asking span $3.7M to $12.8M
  • Residences 800 and 1208 share one 3,286 SF plan, four floors and $500,000 apart

palmbeachluxury.com building page, September 13, 2026. Median asking price $5.3M. Asking prices, not recorded results.

Every figure at The Berkeley is an asking price. The record starts at delivery.

Family Programming Is the Product

Most towers in the new wave sell service, wellness or a brand. This one sells a family floor plan and the program around it. The amenity budget spreads 40,000 square feet across three levels, and the split is the point. The ground floor holds the working spaces, a library, a co-working lounge and a boardroom. The seventh floor deck carries the pool, the spa, a children's play area and a teen lounge, with the age zones kept apart. The rooftop pool and sky lounge stay adults only.

The page is careful with its one comparative claim, and it holds. A dedicated teen lounge with separated age zones is uncommon among the towers we cover. Every plan adds the flex room, a space that works as an office, a media room or another bedroom. The product reads as a house translated into a tower, and the registry we keep across the county's new developments lists no other project built around that buyer.

The four plans
Every residence carries a flex room and east and west exposures, per the building page.
← Scroll to see all columns →
PlanInteriorBathsTerrace
Two bedroom + flex2,061 to 2,400 SF2.5Up to 400 SF
Three bedroom + flex2,800 to 3,400 SF3.5Up to 600 SF
Four bedroom + flex3,800 to 4,200 SF4.5Up to 800 SF
Penthouse collection4,742 to 5,834 SF5.5+1,092 SF and up

The Berkeley building page, September 2026. Contract floor plans govern over marketing ranges.

Nine Entry Prices, a Step Apart

Nine projects around downtown publish entry prices, and they climb in small steps. Mr. C Residences opens the field at $1.6 million as a condo-hotel, and Olara follows on the Intracoastal. The Berkeley's sheet begins a step above the pair. The upper rungs belong to the south corridor, where South Flagler House opens at $8.5 million. Our county new-development map holds the whole sixteen-project pipeline with every sheet in one table.

What the entry prices cannot say is what anything is worth, because the field has barely started closing. Until deeds record at these addresses, the sheets are each developer's stated position, and Alba's eight closings are the corridor's one recorded reference. The map below places the nearest peers by district.

Where the New Wave Opens Its Doors
The published entry price of each West Palm Beach project, from the building pages on this site. Every figure is an asking sheet, not a recorded result.
Published entry prices across the West Palm Beach new-development field, from each project's price sheet$2M$4M$6M$8MMr. C Residences$1.6MOlara$1.7MThe Berkeley$1.9MBanyan Tree Residences$1.9MNora House$2MAlba Palm Beach$2.8MRitz-Carlton Residences$3MShorecrest$3.2MSouth Flagler House$8.5MPublished entry prices across the West Palm Beach new-development field, from each project's price sheet$2M$4M$6M$8MMr. C$1.6MOlara$1.7MThe Berkeley$1.9MBanyan Tree$1.9MNora House$2MAlba Palm Beach$2.8MRitz-Carlton$3MShorecrest$3.2MSouth Flagler House$8.5M
  • The Berkeley opens at $1.9M on Clear Lake
  • The field runs from Mr. C at $1.6M to South Flagler House at $8.5M

Developer price sheets per our building pages, September 2026. Alba is the field's only recorded evidence, with eight closings at a $1,868 median per square foot.

One Field, Three Waterfronts
The Berkeley's nearest peers by district, west to east. Published sheets only, because Alba aside, the field has recorded nothing.
Four West Palm Beach new developments placed by district, west to east, with their published price sheetsWEST PALM BEACH · THREE WATERFRONTS AND A DOWNTOWNThe BerkeleyClear Lake · 193 homesFrom $1.9M · 2028The one lake addressMr. C ResidencesDowntown · 146 homes$1.6M to $6M · 2027Condo-hotel, CiprianiOlaraNorth Flagler · 275 homesFrom $1.7M · 2028Resort program, marinaSouth Flagler HouseSouth Flagler · 108 homesFrom $8.5M · 2027The priciest sheetCLEAR LAKE · WESTTHE INTRACOASTAL · EASTFour West Palm Beach new developments placed by district, west to east, with their published price sheetsWEST PALM BEACH · THREE WATERFRONTS AND A DOWNTOWNThe BerkeleySheet from $1.9M, delivery 2028Mr. C ResidencesSheet $1.6M to $6M, delivery 2027OlaraSheet from $1.7M, delivery 2028South Flagler HouseSheet from $8.5M, delivery 2027WEST TO EAST, TOP TO BOTTOM
  • The Berkeley · the only project on Clear Lake
  • Mr. C downtown · Olara on North Flagler · South Flagler House on the estate corridor

Building pages on this site and our county new-development map, September 2026. Sheets are asking prices for unfinished buildings.

The Berkeley against its two nearest peers
The page's own comparison set, from each project's published materials.
← Scroll to see all columns →
ProjectFocusWaterfrontKnown for
The BerkeleyFamily livingClear LakeFamily programming designed in, three amenity levels, flex rooms
Mr. C ResidencesCondo-hotelNoneCipriani family hospitality, Bellini dining, a hotel rental program
OlaraResort amenitiesIntracoastalJose Andres' first Palm Beaches restaurant, a private marina, Arch Amenities wellness

Each building's page on this site, September 2026. Developers change offerings, so verify current terms in the contract documents.

Three Dated Years Between Contract and Keys

The purchase here is a pre-construction contract, and the calendar is part of the price. Groundbreaking happened on December 11, 2024. The developer projects vertical construction through 2026, topping off in 2027 and delivery in 2028, alongside the planned Fern Street Extension into downtown. Projections move. The contract's outside date and its remedies matter more than the marketed year.

The paperwork asks for the same discipline. Deposits are paid in installments tied to construction milestones, so confirm the schedule and the escrow terms before signing. Renderings and finish samples are marketing. The unit plan and specification schedule attached to the contract are what govern, and many developers restrict resale before closing. Our guide to buying new construction in Palm Beach County walks each clause in order.

The Calendar Between Contract and Keys
The developer's published schedule. One milestone is on the record, the rest are projections, and the contract's outside date governs.
The Berkeley's published construction timeline, groundbreaking to completionDec 2024GroundbreakingCOMPLETED2025Foundation and site work, financing closedIN PROGRESS2026Vertical constructionPROJECTED2027Topping offPROJECTED2028Completion and move-insPROJECTEDThe Berkeley's published construction timeline, groundbreaking to completionDec 2024GroundbreakingCOMPLETED2025Foundation and site work, financing closedIN PROGRESS2026Vertical constructionPROJECTED2027Topping offPROJECTED2028Completion and move-insPROJECTED
  • Filled marker: completed and dated
  • Open markers: projected by the developer, dates can move

The Berkeley building page, September 2026. Groundbreaking December 11, 2024 is recorded. Later milestones are the developer's projections.

What Is Open This Week

The six listings below are the building's public market as of this week, drawn live from the building page. The page also notes the building is early in its release cycle, where inventory moves before it is advertised, so the open list understates what can be shown. The West Palm Beach community page tracks the market around it.

Open at The Berkeley this week
All six listings from the building page's live feed, asking prices only.
← Scroll to see all columns →
ResidenceBedsLiving areaAsking
Penthouse 250054,752 SF$12,750,000
Residence 120833,286 SF$6,100,000
Residence 80033,286 SF$5,600,000
Residence 190532,621 SF$5,000,000
Residence 150622,305 SF$4,250,000
Residence 40432,590 SF$3,700,000

palmbeachluxury.com building page, September 13, 2026. Median asking price $5.3M across the six. No sale has recorded at the building.

Bottom Line

The Berkeley is easy to place and hard to price, which is the honest condition of the whole field. The developer who built The Bristol is now building for households the new wave has mostly priced past, on the one downtown waterfront nobody else claimed. The family program is real and specific, the ladder is published, and none of it has faced a closing table yet. A buyer who wants this product gets the widest choice of floor and line right now, and accepts the wait in exchange.

Before you visit the gallery: Read the contract's outside date and the specification schedule before the renderings. Until delivery, the paperwork is the product.

Ask About The Berkeley

Building specifications, the published price range and the amenity program reflect our The Berkeley building page as cached on September 13, 2026. So do the construction timeline and the six open listings. The developer's ranges are marketing figures, and contract documents govern.

The building has no recorded closing. Its page census shows zero sales in the trailing twelve months, and our BeachesMLS market files hold no closed sale at 550 S Australian Avenue. Every price in this report is therefore an asking figure unless labeled recorded.

Corridor entry prices and recorded references come from the building pages on this site and our county new-development map article, on the same date. Alba's figures are recorded closings. The Bristol's figures are its trailing-year recorded census.

This is market data and public record analysis, not investment advice.

palmbeachluxury.com building pages for The Berkeley, The Bristol, Olara, Mr. C Residences, Alba Palm Beach and South Flagler House, cached September 13, 2026.

Palm Beach Luxury: the New Development Map of Palm Beach County and the guide to buying new construction.

The Berkeley developer materials as published on the building page: plans, amenity program and timeline.

Nikko Karki
Written by

Nikko Karki

Nikko Karki has worked in real estate for nearly two decades, beginning on the developer side at Related Group in West Palm Beach, then through private real estate investments and cross-border M&A across the U.S., Europe, and Southeast Asia. He holds an M.Sc. in economics from the Helsinki School of Economics. He built Palm Beach Luxury to make his analysis available to anyone in the market, for free.
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Frequently Asked Questions
The developer's published sheet runs from $1.9M to above $10M, all asking prices. Six listings are open on the MLS in September 2026, from $3.7M to a $12.75M penthouse, at a median asking price of $5.3M. No sale has recorded, because the building delivers in 2028.
Delivery is scheduled for 2028. Construction broke ground on December 11, 2024 on the Clear Lake site, with topping off projected for 2027. Projected dates can move, so the purchase contract's outside date is the figure that governs.
Family buyers are the stated design brief. Every plan carries a flex room. The amenities include a children's play area and a dedicated teen lounge with separated age zones, and the rooftop stays adults only. That program is uncommon among the county's new towers.
Al Adelson helped develop both, and they serve different buyers. The Bristol is the finished 2019 tower on South Flagler with a recorded trailing-year median of $15.3M at $3,218 per square foot. The Berkeley is preconstruction on Clear Lake with family floor plans and an asking sheet from $1.9M.
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