The project
Palm Beach continues to see active residential development, with builders adding new communities and phases as the area grows. This page summarizes the development activity in Palm Beach for buyers who want a current picture of what is being built, without committing to a specific project.
Specific project names, builders, pricing, and delivery dates change frequently and are confirmed with the builders before we share them. If you are considering a new home in Palm Beach, tell us your budget and timeline and we will line up the active communities that fit.
Project snapshot
Palm Beach luxury redevelopment projects at a glance.
The facts below are drawn from this guide and from the developer's published materials. Where a fact is not verified, the page says so plainly rather than guessing.
- Location / County
- Palm Beach island, Palm Beach County
- Residence types
- Oceanfront and lakeside condominiums, villa-style redevelopment
- Status
- Under Construction
- Estimated completion
- OLIN demolition underway; build timeline to be announced
- Published pricing
- OLIN from under $20M to over $40M
- Developer
- OKO Group and Cain International
- Rental restrictions
- Contact for current information
Information reviewed October 2026. Prices, availability, and completion dates change frequently. Confirm current terms with the developer or a licensed advisor.
- OLIN Palm Beach replaces the former Ambassador Hotel & Residences and the adjacent lakeside building at 2720 and 2730 S Ocean Boulevard with three five-story buildings holding 32 residences: two oceanfront towers and one lakeside: Source: Palm Beach Now and Boca Raton Tribune, verified October 2026
- Developers OKO Group (Vlad Doronin) and Cain International bought the site in October 2022 for $147.6 million; it is Palm Beach's first new oceanfront condo development in over two decades: Source: Palm Beach Daily News, verified October 2026
- Sales launched July 2026 with homes expected to range from under $20 million to more than $40 million, which would set asking-price records for the island; demolition was underway or near-complete by October 2026: Source: Boca Raton Tribune and Palm Beach Now, verified October 2026
- The town council approved replacing the former Palm Beach Resort & Beach Club at 3031 S Ocean Boulevard with a 12-unit, Italian villa-style residential project; the design board gave demolition approval in March 2026: Source: Palm Beach Daily News, verified October 2026
Sources consulted for this guide
- OLIN Palm Beach begins sales with prices topping $40M (Palm Beach Now)
- Ultra-luxe condo gets OK to replace Ambassador hotel (Palm Beach Daily News)
- Name and price ranges unveiled (Boca Raton Tribune)
Source links open in a new tab and are provided for verification only. Facts carry the verification date recorded above; prices, availability, and timelines change and require sales-gallery confirmation.
Verified facts carry the source links above, each pointing to the original public source where one is available. Everything else on this page is marked Not verified or Contact for current information. This page never hosts or hotlinks external files, renderings, brochures, or floor plans; where a document exists only on the developer's site, the source link above is the reference.
At a glance
Palm Beach luxury redevelopment projects in Palm Beach, in numbers.
County
Palm Beach
City
Palm Beach
Neighborhood
Palm BeachDeveloper
OKO Group and Cain International; smaller projects by individual owners
Price range
OLIN about $20M-$40M+; other projects by plan
Starting price
OLIN from under $20M
Residences
OLIN: 32 residences
Floors
Three five-story buildings
Est. completion
Timeline to be announced
Residence types
Condominiums, Apartments, Retail
Construction status
Under Construction
Property category
Mixed-use
Design & architecture
OLIN design team per project; the 3031 S Ocean Boulevard project is villa-style
Official website
Contact for current information
Gallery
Renderings and interiors.
Developer renderings and interior imagery are updated as phases release. Current documents are shared privately with registered buyers.
Interior renderings on request
Floor plans on request
Pricing & availability
What Palm Beach luxury redevelopment projects costs today.
The advertised starting price is the developer's published entry point. Available units, real pricing bands, and incentives change as phases sell, so we confirm current terms with the sales team before you commit capital.
- Advertised starting price
- OLIN from under $20M
- Published price range
- OLIN about $20M-$40M+; other projects by plan
- Available units / sales status
- Contact for current information
- Price by bedroom configuration
- OLIN expected under $20M to over $40M; residences start at 2,274 sq ft for two-bedrooms with three- and four-bedroom options
- Penthouse pricing
- Contact for current information
- Deposit schedule
- Reservation and contract schedule confirmed with the sales team; ultra-luxury product commonly stages deposits at 10%-20%
- Developer incentives
- Contact for current information
Current pricing sheet for Palm Beach luxury redevelopment projects.
Price lists, deposit schedules, and any developer incentives are shared privately with registered buyers after the sales team confirms today's numbers.
Request current pricingWhere a number is not published on this page, the row reads Contact for current information rather than guessing. Never treat an advertised starting price as the price of a specific available unit.
Architecture & residences
The building and residences at Palm Beach luxury redevelopment projects.
The building profile below records what this page verifies about the tower and its residences: floor counts, unit mix, dimensions, finishes, and views. Anything the page does not state is marked Not verified rather than guessed. Layouts, dimensions, and pricing change as phases sell, so current floor plan documents, view matrices, and availability are shared with registered buyers.
- Towers / floors
- Three five-story buildings
- Total residences
- OLIN: 32 residences
- Residence types
- Condominiums, Apartments, Retail
- Square footage
- Contact for current information
- Ceiling heights
- Not verified
- Finishes
- Not verified
- Kitchens
- Not verified
- Baths
- Not verified
- Smart-home features
- Not verified
- Parking & storage
- Not verified
- Views
- Atlantic oceanfront and Intracoastal lakeside outlooks on Palm Beach island's south end
The floor plans at Palm Beach luxury redevelopment projects.
Layouts, dimensions, and pricing change as phases sell. We share current floor plan documents, view matrices, and availability with registered buyers.
Single-family homes
3-5 bedroom · On request
Current lots, floor plans, and base pricing are confirmed with the builders per phase.
Townhomes
2-4 bedroom · On request
Attached product with current availability confirmed per community.
Residential phases
Varies bedroom · On request
New phases release on their own schedules; we track openings for registered buyers.
Full floor plan documents, view matrices, and current availability are shared privately with registered buyers.
Request floor plansAmenities & lifestyle
The amenity program at Palm Beach luxury redevelopment projects.
The list below records every amenity this page verifies for the project. Where the status of an amenity is not documented on this page, confirm with the sales team whether it is planned or already operating before you rely on it.
No amenity program is verified on this page for Palm Beach luxury redevelopment projects yet. Current amenity documents are shared privately with registered buyers.
Construction & completion
Where Palm Beach luxury redevelopment projects stands today.
Completion dates on new construction are estimates, not promises: they shift with permitting, financing, and the pace of the build. Announced milestones below are the ones this page records; anything unverified is marked plainly, and the current timeline should be confirmed with the developer before you plan around it.
- Construction status
- Under Construction
- Estimated completion
- Timeline to be announced
- Announced milestones
- OLIN sales launched July 2026; demolition underway October 2026; Palm Beach Resort & Beach Club demolition approved March 2026
Estimated completion is the developer's target as recorded on this page and is not a verified delivery date. Where the timeline is not verified, current scheduling requires confirmation with the project's sales team.
Location & neighborhood
Where Palm Beach luxury redevelopment projects sits.
Address, neighborhood position, and nearby attractions below are recorded from this page's own project notes. Drive times, walk scores, and ratings are never invented on this site; where they are not documented here, the community guide is the best next step.
- Street address
- Contact for current information
- City
- Palm Beach
- County
- Palm Beach
- Neighborhood
- Palm Beach
- Position & nearby
- Palm Beach island along South Ocean Boulevard, from the Ambassador site south through Condominium Row
- Transport notes
- Not stated on this page
Community guide
Palm Beach
Explore Palm Beach living, dining, and market context in the full community guide.
Explore the areaOwnership considerations
What to know before you commit.
General guidance for new construction buyers. Building-specific details are marked "Not verified" where they have not been confirmed for this project.
- Short-term rental policy
- Not verified on this page; rental rules are confirmed in the governing documents before you commit
- Minimum rental period
- Not verified
- Leasing / owner-occupancy rules
- Not verified; confirm current leasing and occupancy terms with the sales team
- HOA / condo fees
- Not published on this page; request the current budget before you commit
- Financing notes
- Not verified on this page; the deposit schedule above records the financing model this page states for the project, and loan terms are confirmed before contract
Closing costs
Florida buyer closing costs typically include title insurance, lender fees, county recording charges, prorated property taxes, and Florida documentary stamp tax on the purchase price. The exact figure for this project is not published on this page, so confirm the current estimate before you sign. Not verified.
Not verified
HOA and condo fees
New developments typically assess monthly HOA or condominium fees covering common areas, amenities, insurance, and building staff, with special assessments possible for capital projects. Monthly fees for this project are not published on this page; request the current budget. Not verified.
Not verified
Deposit process
Pre-construction purchases in Florida commonly require staged deposits across contract, groundbreaking, and closing milestones, held in escrow. The exact schedule for this project should be confirmed in writing with the developer before you commit. Not verified.
Not verified
Flood and wind insurance
Coastal Florida properties carry flood and windstorm insurance requirements that can add meaningfully to monthly carrying costs, and premiums have risen across the state. The current premium profile for this project is not published on this page; confirm with an insurance advisor. Not verified.
Not verified
Buyer questions
Palm Beach luxury redevelopment projects, answered.
Pricing, deposits, timelines, the developer, and the investment case, answered directly. For the broader picture on South Florida new construction, browse the full FAQ hub.
New Construction South Florida FAQsWhat luxury redevelopment is underway on Palm Beach island?
The marquee project is OLIN Palm Beach, replacing the Ambassador Hotel & Residences with three five-story buildings of 32 residences, plus a 12-unit villa-style redevelopment of the former Palm Beach Resort & Beach Club.
What is OLIN Palm Beach?
OKO Group and Cain International's 32-home oceanfront and lakeside collection at 2720 and 2730 S Ocean Boulevard, Palm Beach's first new oceanfront condo development in more than two decades.
What are the current prices?
OLIN sales launched July 2026 with homes expected from under $20 million to more than $40 million, which would set asking-price records for the island.
What is the status of OLIN?
The site plan and special exception won town approval in November 2025, sales launched in July 2026, and demolition of the existing hotel and lakeside building was underway or near-complete by October 2026.
Where are these projects located?
On Palm Beach island's south end along South Ocean Boulevard, in the Ambassador site and Condominium Row area.
Can I rent out a residence?
Rental rules were not published in our sources. Confirm leasing and owner-occupancy terms in each project's governing documents before you commit.
Compare
Related projects worth comparing.
Northwood, West Palm Beach
Alba Palm Beach
Listings from about $1.4M · Completed early 2026
View project
Downtown West Palm Beach
Banyan Tree Residences West Palm Beach
From about $1.9M · Q4 2029
View project
West Palm Beach
Forté on Flagler
Listings from about $10M · Closings began 2025
View projectExplore Palm Beach
Keep exploring Palm Beach luxury redevelopment projects's market.
Community guide
Palm Beach
Explore the areaCounty new construction
Palm Beach County
View county guideNearby development
Greenacres townhome and multifamily communities
View projectNearby development
Lake Park waterfront developments
View projectNearby development
Lake Worth Beach residential infill
View projectDirectory
All new construction
Browse all projectsPre-construction access
Request pricing & floor plans for Palm Beach luxury redevelopment projects.
Tell us the floor plans and views you are considering, and we will respond with current availability, pricing, deposit structure, and the contract terms that matter before you commit. Complete discretion, no obligation.
Current availability and pricing across the project
Deposit structure and contract terms, negotiated for you
Honest comparison against the resale market
Request pricing & floor plans: Palm Beach luxury redevelopment projects
No obligation, complete discretion.