25 Oct The Berkeley West Palm Beach Condos: Prices, Construction Status and Sources (2026)

The Berkeley West Palm Beach Condos: Prices, Construction Status and Sources (2026)

The Berkeley is a condominium under construction at 550 S Australian Ave in West Palm Beach by Al Adelson’s Australian Property Group and Sympatico Real Estate, with 193 residences and current asking prices of $2.8 million to $12.75 million. The 25-story tower designed by Arquitectonica rises downtown on the edge of Clear Lake, west of Rosemary Square. It is not on the Intracoastal. Reports give the address as 550, 500 or 505 S Australian Ave, and The Real Deal lists the parcels at 601 and 621 Clearwater Park Rd.

Everything on this page comes from public records, news reports or the developers’ own announcements, and each fact is credited in the Sources section below. This is a new or planned building, so details can change; confirm them with the developer or sales team before you rely on them.

At a Glance

Prices and Current Listings

Asking prices for residences at The Berkeley as of October 2026 ran from $2.8 million to $12.75 million, depending on floor, view, size and renovation. Hoodline reported in July 2026 a range of about $2.5 million to more than $12 million.

Construction Status

Construction began in December 2024, and Hoodline reported in July 2026 that the concrete structure was rising. The Real Deal reported completion expected in 2028 (November 2025); Hoodline reported 2029 (July 2026).

What Public Records and News Reports Say

• Florida YIMBY reported in July 2025 that the tower would have 193 residences of about 2,500 to 4,800 square feet, a seventh-floor resort pool and an adults-only rooftop pool and lounge.
• The Real Deal reported in November 2025 that Douglas Elliman Development Marketing had taken over sales, with prices of $2 million to $10 million and about 20% of residences pre-sold.
• Hoodline reported in July 2026 a price range of about $2.5 million to more than $12 million and more than $120 million in sales.
• A Palm Beach County Property Appraiser search of 500, 505 and 550 S Australian Ave on October 25, 2026 showed no residential condominium units on the tax roll yet. Units usually appear after the condominium is recorded and the county’s next update.

Inspections and Reserves for a New Building

West Palm Beach follows Florida’s statewide milestone inspection law, which applies to condominium buildings three or more stories tall: the first inspection is due by December 31 of the year the building reaches 30 years from its certificate of occupancy, then every 10 years. Florida also requires the developer to obtain a structural integrity reserve study before turning the association over to owners, so ask for it.

What Buyers Should Ask For

• The milestone inspection summary, if the building has had a milestone inspection (ask for any Phase 2 report too)
• The most recent structural integrity reserve study, or a statement that none has been completed
• The annual budget and financial statement, plus the reserve balance and any special assessments
• Board minutes from the past year, for planned repairs

For a resale, Florida law (section 718.503(2)) entitles the buyer, at the seller’s expense, to the declaration, articles, bylaws and rules, annual financial statement and budget, Q&A sheet, milestone inspection summary (if applicable), the most recent SIRS or a statement that none exists, and any turnover inspection report. Unless the buyer received them more than 7 days before signing, the buyer may cancel within 7 days (excluding weekends and legal holidays) after signing and receiving them, until closing. A buyer purchasing from the developer has 15 days (section 718.503(1)). Board minutes, reserve balances and special-assessment details are not on the statutory list; request them separately. Read our complete guide to Florida condo milestone inspections and SIRS.

Full list: see our Florida condo due diligence checklist, with every document to get before you sign and the Florida statute behind each one.

Frequently Asked Questions

How much does a residence at The Berkeley cost?

Listed residences are priced $2.8 million to $12.75 million as of October 2026.

When will The Berkeley be finished?

Reported completion dates are 2028 (The Real Deal, November 2025) and 2029 (Hoodline, July 2026).

Where exactly is The Berkeley?

The Berkeley is downtown at S Australian Ave beside Clear Lake, west of Rosemary Square. It is not on the Intracoastal Waterway.

More New Construction in West Palm Beach

• Every West Palm Beach condo building with residences from $1 million
• Mr. C Residences West Palm Beach
• Banyan Tree Residences West Palm Beach
• Edgeworth
• South Flagler House
• Maison d’Or
• The Ritz-Carlton Residences, West Palm Beach

More West Palm Beach and Palm Beach Condos

• The Bristol, West Palm Beach
• Forté on Flagler, West Palm Beach
• West Palm Beach, FL guide
• Palm Beach oceanfront condos
• Florida condo milestone inspection and SIRS guide (2026)

Sources

• Florida YIMBY, July 3, 2025 (groundbreaking, 25 stories, 193 residences, sizes, amenities): source
• The Real Deal, November 25, 2025 (developers, sales, prices, completion, parcel addresses): source
• Hoodline, July 7, 2026 (construction progress, prices, sales, completion): source
• Douglas Elliman building page (stories, website): source
• Asking prices: active, pending and under-contract MLS listings shown on floridasearch.com, checked October 25, 2026
• Tax roll: Palm Beach County Property Appraiser (pbcpao.gov) search, checked October 25, 2026

Last updated October 24, 2026. Building details come from county property records, public listings and government sources and are deemed reliable but not guaranteed. Prices are asking prices or estimates as of the date shown. Not legal, financial or engineering advice. Full disclaimer