Real Estate / New Developments / Banyan Tree Residences West Palm Beach
Banyan Tree Residences West Palm Beach
Resort-branded luxury residences in downtown West Palm Beach.
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Quick Facts
| Location | Downtown West Palm Beach, West Palm Beach, FL |
|---|---|
| Address | 400 Hibiscus St, West Palm Beach, FL 33401 |
| Developer | Mast Capital & Curated JCZM Development, in collaboration with Banyan Group |
| Architect | OMA |
| Interior Design | Yabu Pushelberg |
| Residences | 88 residences |
| Floors | 26 floors |
| Bedrooms | 1–4 + Penthouses |
| Pricing | From $1,800,000 |
| Completion | 2029 |
| Status | pre_construction |
Overview
Banyan Tree Residences offers a rare opportunity to own a home that blends private luxury with the service and prestige of a world-class resort. Designed for those who value wellness, elegance, and effortless living, each residence features sophisticated architecture, premium finishes, and access to exceptional amenities including spa facilities, concierge services, and exclusive global privileges.
About Banyan Tree Residences West Palm Beach
Banyan Tree Residences West Palm Beach is an 88-unit, 26-story tower at 400 Hibiscus St developed by Mast Capital & Curated JCZM, with architecture by OMA and interiors by Yabu Pushelberg. Residences range from 1,078 to 4,103 sq ft and are priced from $1.8M to $6M, with completion targeted for 2029. One-bedroom residences offer approximately 1,000 square feet, priced from $1.8M to $2.5M. Two-bedroom residences range from 1,500 to 1,600 square feet, priced between $2.5M and $3.7M. Three-bedroom residences span approximately 2,200 square feet, priced from $4M to $5.2M. With entry pricing starting around $1.8M, Banyan Tree positions itself competitively, especially when compared to Palm Beach, where similar three-bedroom residences often begin closer to $5.5M.
The Neighborhood
Downtown West Palm Beach has been transformed by a wave of institutional capital, luxury residential towers, and cultural investment. Clematis Street, Rosemary Square, and the Norton Museum of Art anchor a walkable urban core, while the Intracoastal waterfront and Palm Beach Island are minutes away. The neighborhood draws full-time residents from New York, London, and São Paulo seeking a primary-market lifestyle with year-round warmth.
Market Snapshot
West Palm Beach continues to absorb demand from the Northeast and international buyers relocating permanently. Branded residences by established hotel groups — Banyan Tree, Mandarin Oriental, Ritz-Carlton, Mr. C — have defined the new pricing tier, with waterfront product from $1.5M to $25M trading briskly. OMA-designed, resort-branded inventory at 88 units remains among the most limited offerings in the submarket.
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