Olara Residences

Leer en español →

✓Verified 24 September 2026Olara developer website, Palm Beach Post, Florida YIMBY +15 more18 sources

Sources

1 / 12

Olara Residences seen from the Intracoastal — developer rendering

2 / 12

The lobby at Olara Residences — developer rendering

3 / 12

The lobby at Olara Residences — developer rendering

4 / 12

The lobby entrance at Olara Residences — developer rendering

5 / 12

The lobby at Olara Residences — developer rendering

6 / 12

A residence living room at Olara Residences — developer rendering

7 / 12

A residence balcony at Olara Residences — developer rendering

8 / 12

The roof pool at Olara Residences — developer rendering

9 / 12

The pool deck at Olara Residences — developer rendering

10 / 12

Olara Residences on the West Palm Beach waterfront — developer rendering

11 / 12

An amenity space at Olara Residences — developer rendering

12 / 12

An amenity space at Olara Residences — developer rendering

By Josh Stein — Miami real estate sales associate, Florida license SL3057661. Selling Miami luxury property since 2002, with more than $1 billion closed.

1919 N. Flagler Drive, West Palm Beach, Florida 33407 | Neighborhood: West Palm Beach

Olara Residences is a 26-storey waterfront condominium tower at 1919 North Flagler Drive, on the Intracoastal Waterway in West Palm Beach. As of 24 September 2026 the developer’s website reports construction at the 18th floor and completion in 2028.

The developer is Savanna, a New York firm founded in 1992; Olara is its first South Florida development (The Real Deal, 7 March 2025). The developer’s website is operated by N Flagler Drive Developer, LLC and says Olara is sponsored by a Savanna affiliate (legal page, read 24 September 2026). Sales and marketing are exclusive to Compass Development Marketing Group.

The architect is Miami-based Arquitectonica (Bernardo Fort-Brescia); interiors are by New York-based Gabellini Sheppard Associates, the landscape designer is EDSA, and Gilbane Building Company and SavCon are the contractors (The Real Deal and Multi-Housing News, March 2025).

The building

On a site of about four acres facing the Intracoastal at 1919 North Flagler Drive (The Real Deal and Multi-Housing News, March 2025), drawn by Arquitectonica with interiors by Gabellini Sheppard.

Olara Residences: Living Spaces That Boast Refinement And Comfort

Olara is two buildings, a 26-storey condominium tower and a second tower of 170 rental apartments, built at the same time (Palm Beach Post, 28 May 2026; Multi-Housing News, 11 March 2025). For the condominium tower Savanna gives 275 residences (Florida YIMBY, 12 December 2025) and The Real Deal gives 287. The homes are two- to four-bedroom-plus-den residences of about 1,500 to more than 4,200 square feet, with floor-to-ceiling windows and terraces facing the Intracoastal Waterway, Palm Beach Island and the Atlantic Ocean (Florida YIMBY, 12 December 2025). The Real Deal counts Olara among the West Palm Beach condo projects that include Related Ross’s South Flagler House (7 March 2025).

Interiors and amenity spaces are by New York-based Gabellini Sheppard Associates. The fitness and recovery spaces are designed by The Wright Fit, and the spa is managed by Arch Amenities (developer’s website, read 24 September 2026).

Arrival

The lobby and entrance levels, as the developer has rendered them.

Resort-Inspired Amenities At Your Doorstep

The developer describes more than 80,000 square feet of wellness and leisure amenities: a 13,000-square-foot fitness center designed by The Wright Fit, a five-star spa with a Japanese-style onsen and a cold plunge, lap and leisure pools on the sixth-floor amenity deck, and a private marina on the Intracoastal with dedicated slips for residents (developer’s website, read 24 September 2026). The developer’s legal page says amenities, prices and availability are subject to change or cancellation without notice.

The José Andrés Group’s first restaurant in the Palm Beaches is planned on the waterfront ground floor with indoor and outdoor dining; Multi-Housing News (11 March 2025) gives its size as 8,500 square feet. The developer also lists a waterfront club lounge and a coworking lounge with private offices and three meeting rooms.

The developer’s location page names Palm Beach’s Worth Avenue and downtown West Palm Beach’s cultural scene, and lists the Norton Museum of Art, Via Parigi and the Ocean Course at The Breakers as nearby (read 24 September 2026).

The residences

Two- to four-bedroom-plus-den layouts of about 1,500 to more than 4,200 square feet (Florida YIMBY, 12 December 2025).

Olara timeline and status, as reported

• 2023: sales launched, with completion then slated for 2026 and prices from $2 million; demolition of the old buildings on the site began in May 2023 (The Real Deal, 7 March 2025; Florida YIMBY, 5 May 2023).
• March 2025: $380 million construction loan from Zeckendorf Development, Sculptor Real Estate, One Investment Management and Octo Capital; delivery then given as late 2027 or early 2028 (The Real Deal, 7 March 2025; Multi-Housing News, 11 March 2025).
• 3 October 2025: Compass named exclusive sales and marketing partner, taking over from Douglas Elliman; pricing from $2 million (Compass release; The Real Deal).
• 12 December 2025: vertical construction under way on the podium level, completion scheduled for 2028, pricing from $1.7 million (Florida YIMBY).
• 28 May 2026: construction at the 11th floor, completion expected by June 2028 (Palm Beach Post, syndicated by The Boca Raton Tribune).
• 24 September 2026: the developer’s website banner reads “Construction Reaches 18th Floor | Completion 2028”.

Sources disagree on when construction started: Multi-Housing News (11 March 2025) says it started in 2024 and The Real Deal (7 March 2025) says it kicked off in August, Florida YIMBY (20 October 2025) says ground was broken in August 2025, and the Palm Beach Post (28 May 2026) says it began “last fall”. I have not found a source that reconciles them, or one that says why the completion date moved from 2026 to 2028.

What the county record shows

As of 24 September 2026 the Palm Beach County Property Appraiser lists the 1919 North Flagler Drive parcel (parcel control number 74-43-43-15-16-001-0110, 1.05 acres), the 1911 North Flagler Drive parcel (0.27 acre) and the adjoining 203 Pine Street lot (0.10 acre) as vacant commercial land, zoned CMUD-C1 (Currie Mixed Use – Core I), with no improvement value, zero units and zero total square feet. The owners of record are 1919 N Flagler Drive Associates LLC and 1911 N Flagler Drive Associates LLC, both with the mailing address 300 Butler Street, which is the address the developer’s website gives for its sales gallery. The developer’s legal page names a different entity, N Flagler Drive Developer, LLC, and I have not found a source that ties the names together.

The appraiser’s parcel pages show that the 1919 parcel last changed hands on 22 June 2021 for $8,500,000 (warranty deed, Official Records book 32634, page 733; the prior recorded sale was $4,483,000 in June 2007), and that the 1911 and 203 Pine Street parcels were bought together on 15 July 2021 for $4,000,000 (book 32699, page 977). The 2026 proposed market value of the 1919 parcel is $10,050,700, all of it land. These three parcels add up to about 1.4 acres, while The Real Deal and Multi-Housing News put the assembled site at about four acres; I have not matched the remaining parcels on the county roll. No condominium subdivision or unit parcel exists yet at 1919 North Flagler Drive, so the county has no unit count, floor area or unit sales for Olara.

Olara is under construction and roughly half was reported sold in October 2025, so what matters now is what is still available and on what terms. Send me a question and I will tell you what the developer’s sales team is offering and what the county has recorded so far.

Amenities

More than 80,000 square feet of it — a lap pool and a leisure pool, a spa with a cold plunge, a 13,000-square-foot fitness center, a yoga deck, a juice bar and a waterfront veranda (developer’s website, read 24 September 2026).

Interested in buying at Olara Residences West Palm Beach?

Learn more about buying at Olara Residences with Josh Stein.

LET'S RESERVE A CONDO!

Olara Residences Amenities

The developer’s amenity list as published on its website (read 24 September 2026), for more than 80,000 square feet of wellness and leisure space; the lap and leisure pools are on the sixth-floor amenity deck.

HEALTH & WELLNESS
• World-class fitness center designed by The Wright Fit
• 13,000 square feet of indoor and outdoor fitness spaces, including open-air yoga deck
• Performance training zones with indoor-outdoor turf lanes
• Relaxed energy studio for yoga, mat Pilates, core movement, breath work and more
• Multi-sport simulator Pilates Studio
• Five-star recovery and regeneration spa designed by The Wright Fit
• Recovery zone featuring Normatec compression therapy and Hypervolt massage equipment
• Japanese-style Onsen
• Sauna, steam, and treatment rooms Cold plunge and vitality pools
• Ice fountain
• Experience showers
• Relaxation and meditation rooms

LEISURE & ENTERTAINMENT
• Private marina with dedicated slips for residents’ vessels (described as for-purchase by Multi-Housing News, 11 March 2025), plus a captained fishing boat and a cruising yacht
• Intracoastal leisure pool and spa Waterfront veranda Lap pool with poolside cabanas Multimedia lounge
• Private dining room overlooking the Intracoastal
• Catering kitchen

ADDITIONAL AMENITIES
• Private offices and conference spaces Coworking lounge
• Game Room

Olara Residences Prices

Olara’s condominium residences are two- to four-bedroom-plus-den homes of about 1,500 to more than 4,200 square feet (Florida YIMBY, 12 December 2025), priced from $1.7 million on the developer’s website (read 24 September 2026). The Palm Beach Post reported a range of $1.7 million to more than $10 million on 28 May 2026. The entry price was $2 million in coverage from May 2023 to October 2025 (Florida YIMBY, 5 May 2023; The Real Deal, 3 October 2025) and $1.7 million from December 2025 (Florida YIMBY, 12 December 2025); I have not found a source that says why it changed. Ask for the current price sheet and availability.

Launch price sheet, December 2022 (historical, not current prices)

2 Bedroom | 2.5 Bathroom
Model Type: L | South Exposure
Interior from 1,477 SF | Terrace from 396 SF Priced from: $1,987,000

Model Type: N | Northwest Exposure
Interior from 1,734 SF | Terrace from 388 SF Priced from: $2,120,000

2 Bedroom | 2.5 Bathroom | Den
Model Type: A | North Exposure
Interior from 1,862 SF | Terrace from 469 SF Priced from $2,458,000

Model Type: B | North Exposure
Interior from 1,981 SF | Terrace from 433 SF Priced from $2,615,000

Model Type: D | East Exposure
Interior from 1,771 SF | Terrace from 381 SF Priced from $2,697,000

Model Type: H | South Exposure
Interior from 1,940 SF | Terrace from 366 SF Priced from $2,078,000

Model Type: J | West Exposure
Interior from 1,896 SF | Terrace from 585 SF Priced from $2,002,000

Model Type: K | West Exposure
Interior from 1,901 SF | Terrace from 420 SF Priced from $2,568,000

3 Bedroom | 3.5 Bathroom
Model Type: M | Southwest Exposure
Interior from 2,489 SF | Terrace from 726 SF Priced from $3,032,000

Model Type: I | Southwest Exposure
Interior from 2,384 SF | Terrace from 958 SF Priced from $2,541,000

3 Bedroom | 3.5 Bathroom | Den
Model Type: C | Northeast Exposure
Interior from 3,286 SF | Terrace from 1,273 SF Priced from $5,672,000

Model Type: E | East Exposure
Interior from 2,965 SF | Terrace from 596 SF Priced from $4,516,000

4 Bedroom | 4.5 Bathroom | Den
Model Type: F | Northeast Exposure
Interior from 3,808 SF | Terrace from 632 SF Priced from $6,938,000

Model Type: G | Southeast Exposure
Interior from 4,097 SF | Terrace from 632 SF Priced from $7,190,000

Buyer deposit schedule, as published with the December 2022 price sheet
40% of Purchase Price broken down as follows:

• 20% Initial Deposit due upon buyer’s execution of agreement
• 10% Deposit due ten (10) days following the commencement of groundbreaking 10%
• Deposit due ten (10) days following the commencement of top off
• Balance Due Upon Closing

Subject to Change Without Notice — I have not found a current published deposit schedule; confirm today’s terms in the purchase agreement and the offering documents.