A family office does not buy a rendering. It buys a file. This is the file for South Flagler House: what to verify, in what order, and where each answer sits.
This page is a framework. Whether the building suits you is a separate conversation. Contact the desk at Miami Dossier for the current position on any building we cover.
South Flagler House is at 1355 South Flagler Drive, West Palm Beach; 3.4 acres, 28 storeys, two towers (Park Tower, Lake Tower), private porte-cochere. Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison. This page is the family-office operator’s reading of it, as a framework to verify, never as a finding.
The record, in the developer’s words: Development: Related Ross, led by CEO and Chairman Stephen M. Ross. Architecture: Robert A.M. Stern Architects (architecture); Pembrooke and Ives (interiors). Position: 1355 South Flagler Drive, West Palm Beach; 3.4 acres, 28 storeys, two towers (Park Tower, Lake Tower), private porte-cochere. Residences: Park Residences (floors 1 to 3): one- and two-bedroom configurations, about 1,800 to 3,000 square feet of interior space, facing the Norton Sculpture Garden; first-floor homes with private outdoor gardens; approximately 80 percent sold.
Compare as you read: Alba Palm Beach and Banyan Tree Residences answer the same questions differently, and the desk holds the documents for all three.
The first association budget is an estimate prepared by the developer; the question is what it carries for reserves, how the reserve study is scheduled, and under what conditions a special assessment can be levied. Florida law since 2022 requires structural integrity reserve studies for buildings of three storeys and more; ask when the first one is due for this building and who pays for it.
For South Flagler House the published program is: Park Residences (floors 1 to 3): one- and two-bedroom configurations, about 1,800 to 3,000 square feet of interior space, facing the Norton Sculpture Garden; first-floor homes with private outdoor gardens; approximately 80 percent sold. The count of homes sets the denominator of every assessment.
The deposit schedule, the escrow agent, the account and the conditions under which the developer may use deposits above ten percent for construction are all contract terms and statutory disclosures. A family office reads the escrow agreement, not the marketing schedule.
The desk holds the deposit structure for this building and discusses it one to one; it is not published.
The brand and management arrangement is as the dossier records. Whether family members, guests or tenants may occupy without the owner, for how long, and under what registration, sits in the declaration and the rules, not in the brochure.
Amenities as published: Vanishing-edge pool with Lake Worth Lagoon views and private cabanas; 25-metre lap pool, sun-shelf pool, hot tub; sunset terrace; entertainment lounge with catering kitchen; two private dining rooms; wine tasting room with lockers; library and card room; business centre and private offices; fitness centre with Pilates and yoga studios; indoor pickleball; golf simulator; full spa with treatment rooms, salon, vitality pools, ice plunges, steam and saunas; children’s playroom and teen lounge; sports court; media room. The rules will say when pools, spas and clubs close for maintenance and whether owners are notified; a family office asks for the calendar before the first season.
The purchase agreement and its escrow terms. The offering documents and the declaration. The first budget with its reserve lines. The management or brand agreement, and its term. The rules on guests, tenants and pets. The developer’s published materials as of the contract date, kept as the baseline against which delivery is measured.
Read the file before the floor plan. The floor plan does not change; the file decides what owning it costs.
Developer materials for South Flagler House as carried on the live dossier, verified September 2026. Compiled by the desk at Miami Dossier; figures are approximate and the developer’s.
Contact the desk at Miami Dossier for the documents behind every line here, read one to one with you and your family-office operator.
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We hold no listings and we are not the developer. Contact the desk at Miami Dossier and we will tell you what applies to your situation, what does not, and where we would not proceed. For a family office that usually means the budget and the escrow before the view. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
Miami Dossier is the private buyer advisory of Metrik Real Estate, built to represent buyers in Miami pre-construction. Principal: Samuel Strauch.
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