25 Oct Olara West Palm Beach Condos: Prices, Construction Status and Sources (2026)

Olara West Palm Beach Condos: Prices, Construction Status and Sources (2026)

Olara is a condominium under construction at 1919 N Flagler Dr in West Palm Beach by Savanna, with a 26-story condominium tower and current asking prices of $1.63 million to $9 million. The project pairs the condominium tower with a separate rental tower on North Flagler Drive, about two miles north of downtown. Savanna’s December 2025 release describes 275 condominium residences; a March 2025 Commercial Observer report gave 287.

Everything on this page comes from public records, news reports or the developers’ own announcements, and each fact is credited in the Sources section below. This is a new or planned building, so details can change; confirm them with the developer or sales team before you rely on them.

At a Glance

Prices and Current Listings

Asking prices for residences at Olara as of October 2026 ran from $1.63 million to $9 million, depending on floor, view, size and renovation.

Construction Status

Savanna broke ground in early March 2024 and secured a $380 million construction loan in March 2025. In a December 12, 2025 release, Savanna said vertical construction had begun and reached the podium level, and that the project is scheduled for completion in 2028. Earlier reports gave 2027 (Douglas Elliman, March 2024; Commercial Observer, March 2025) and 2026 (2023).

What Public Records and News Reports Say

• Savanna’s December 12, 2025 release said vertical construction had begun, described 275 residences with pricing from $1.7 million, and gave a 2028 completion date.
• Commercial Observer reported in March 2025 that Savanna had secured a $380 million construction loan and described 287 condominiums and 170 rental apartments. Earlier Florida YIMBY coverage described 275 condominiums and 210 rentals.
• Douglas Elliman reported at the March 2024 groundbreaking that prices started at $2 million, that a José Andrés Group restaurant would open on site, and that amenities would total about 80,000 square feet, including two pools, a spa and a private dock.
• A Palm Beach County Property Appraiser search of 1919 N Flagler Dr on October 25, 2026 showed no residential condominium units on the tax roll yet. Units usually appear after the condominium is recorded and the county’s next update.

Inspections and Reserves for a New Building

West Palm Beach follows Florida’s statewide milestone inspection law, which applies to condominium buildings three or more stories tall: the first inspection is due by December 31 of the year the building reaches 30 years from its certificate of occupancy, then every 10 years. Florida also requires the developer to obtain a structural integrity reserve study before turning the association over to owners, so ask for it.

What Buyers Should Ask For

• The milestone inspection summary, if the building has had a milestone inspection (ask for any Phase 2 report too)
• The most recent structural integrity reserve study, or a statement that none has been completed
• The annual budget and financial statement, plus the reserve balance and any special assessments
• Board minutes from the past year, for planned repairs

For a resale, Florida law (section 718.503(2)) entitles the buyer, at the seller’s expense, to the declaration, articles, bylaws and rules, annual financial statement and budget, Q&A sheet, milestone inspection summary (if applicable), the most recent SIRS or a statement that none exists, and any turnover inspection report. Unless the buyer received them more than 7 days before signing, the buyer may cancel within 7 days (excluding weekends and legal holidays) after signing and receiving them, until closing. A buyer purchasing from the developer has 15 days (section 718.503(1)). Board minutes, reserve balances and special-assessment details are not on the statutory list; request them separately. Read our complete guide to Florida condo milestone inspections and SIRS.

Full list: see our Florida condo due diligence checklist, with every document to get before you sign and the Florida statute behind each one.

Frequently Asked Questions

How much does a residence at Olara cost?

Listed residences are priced $1.63 million to $9 million as of October 2026.

When will Olara be finished?

Savanna said in December 2025 that completion is scheduled for 2028. Earlier coverage had reported 2027.

Where exactly is Olara?

Olara is at 1919 N Flagler Dr, on Flagler Drive along the Intracoastal Waterway about two miles north of downtown West Palm Beach.

More New Construction in West Palm Beach

• Every West Palm Beach condo building with residences from $1 million
• Alba Palm Beach
• Mandarin Oriental Residences, West Palm Beach
• Rosewood Residences West Palm Beach
• The Ritz-Carlton Residences, West Palm Beach
• Shorecrest
• Edgeworth

More West Palm Beach and Palm Beach Condos

• The Bristol, West Palm Beach
• Forté on Flagler, West Palm Beach
• West Palm Beach, FL guide
• Palm Beach oceanfront condos
• Florida condo milestone inspection and SIRS guide (2026)

Sources

• Savanna release, December 12, 2025 (vertical construction, 275 residences, pricing from $1.7 million, 2028 completion): source
• Commercial Observer, March 7, 2025 (construction loan, residence counts, completion): source
• Douglas Elliman Insider, March 2024 (groundbreaking, starting price, restaurant, amenities, design team): source
• Florida YIMBY Olara coverage, 2022 to 2024 (26 stories, residence counts, design team): source
• Florida YIMBY, May 2023 (earlier 2026 completion estimate): source
• Asking prices: active, pending and under-contract MLS listings shown on floridasearch.com, checked October 25, 2026
• Tax roll: Palm Beach County Property Appraiser (pbcpao.gov) search, checked October 25, 2026

Last updated October 24, 2026. Building details come from county property records, public listings and government sources and are deemed reliable but not guaranteed. Prices are asking prices or estimates as of the date shown. Not legal, financial or engineering advice. Full disclaimer