Nobody at the sales gallery talks about selling. This is the exit at South Flagler House, planned at the entry.
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.
An assignment sells the contract before the building closes, where the developer allows it and usually for a fee. A resale sells the unit after closing, into a market where every neighbour bought at the same time. The long hold ignores both and treats the home as a place, which is what it is.
South Flagler House’s own contract sets which of the three are open to you and on what terms; the desk holds it.
The homes are as the dossier records. The second buyer of a home like this is the same kind of person as the first, arriving three to five years later, choosing among all the lines that close at once. The lines that hold value are the ones the first buyers fought over: the corners, the water, the floors above the neighbours.
the resale price is set by the building next door as much as by yours.
New towers deliver in a wave, and the first year after closing is the year the most units are for sale at once. A buyer planning a two-year hold buys into that wave; a buyer planning ten years buys through it. The desk reads the delivery schedules of the neighbours as part of any exit plan.
Florida has no state income tax; the federal treatment of a gain depends on how you held the property and for how long; a non-US seller meets FIRPTA withholding on the gross price. These are the shape of the exit, not its numbers; the numbers are your adviser’s. The desk introduces one.
Plan the exit at the entry. The way you take title decides the paperwork at sale.
Assignment clause and fee. Resale restrictions and rights of first refusal, if any. The delivery schedule of the peers. How title is held. The adviser who handles the sale.
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 means the exit terms before the entry price. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
The Miami Dossier team works for the buyer, not the developer. Every agent on Samuel Strauch’s team represents buyers in Miami pre-construction.
A person replies within 24 hours, usually much sooner. On weekends, back on Monday morning.
