OLIN Palm Beach
The first new condominium on the island in a generation
- Palm Beach
- Palm Beach
- Now selling
By appointment. An advisor responds the same business day.
- From
- Private
- Per sq ft
- Private
- Interiors sq ft
- Not released
- Residences
- 32
- Floors
- 5
- Setting
- Waterfront
Premier research file. Updated October 15, 2026 from 13 sources. See them Rendering courtesy of the developer, conceptual.
OLIN Palm Beach is the ocean-to-lagoon project replacing the Ambassador Hotel and the Edgewater House at 2720 and 2730 South Ocean Boulevard in the Town of Palm Beach. OKO Group and Cain International won approval for three five-story buildings designed by OMA with interiors by GACHOT, cutting 135 old units to 41 approved residences, of which 32 are offered for sale. Demolition began in July 2026 and Corcoran opened sales the same month with inquiry bands up to $20 million, up to $30 million and over $40 million. No delivery date has been published.
Inside OLIN Palm Beach
OLIN Palm Beach price list
Published pricing by residence type, lowest first. The developer revises it with each release; the complete sheet carries every line.
Residences (inquiry band)
Residences (inquiry band)
Residences and penthouses (inquiry band)
Pricing is released to registered buyers and agents.
Prices are the developer’s published figures and change with each release.
Availability
What is available at OLIN Palm Beach right now
The current board is presented privately, in person at the sales gallery or by video, and it changes weekly. Select a day and a time.
OLIN Palm Beach residences and floor plans
From the developer’s published plans
Residences (inquiry band)
- Interiors
- In the presentation
- Reported pricing
- Up to $20M
Residences (inquiry band)
- Interiors
- In the presentation
- Reported pricing
- Up to $30M
Residences and penthouses (inquiry band)
- Interiors
- In the presentation
- Reported pricing
- Over $40M
Reported pricing is from published sources and changes with each release.
About OLIN Palm Beach
Palm Beach has not permitted a new condominium since Bellaria in 2006, and its code caps multifamily buildings at five stories. OLIN needed 21 variances and two special exceptions to get built, chiefly to bury the parking under both parcels and link them with a tunnel beneath South Ocean Boulevard. The Architectural Commission approved the design in October 2025 after a redesign added rounded edges, extended eaves and wood balcony rails, and signed off the last details in June 2026.
Jason Long of OMA, Rem Koolhaas's firm, is the design architect with Spina O'Rourke as architect of record. The two oceanfront buildings at 2730 hold 24 approved residences; the lakefront building at 2720 holds 17. The site is about 4.5 acres, which on this island is an estate-sized assemblage.
OLIN Palm Beach residences and prices
The developer has not published a price list, unit sizes or a floor-plan book. Its website takes inquiries in three bands, the lowest of which is up to $20 million. Broker materials describe three- to five-bedroom plans of roughly 3,500 to 7,000 square feet with private elevators and large arched terraces, but those figures are not the developer's. The Palm Beach Daily News reported that some residences may exceed $40 million, above the island's current condominium record of $23.75 million set in 2022.
The gap between 41 approved and 32 offered units is unexplained in any source; combined residences are the likely answer. Expect the building to be sold privately and in stages.
Which residences hold the views, and which are still available, is in the .
OLIN Palm Beach pricing and floor plan sizes
- Residence types
- Approved for 41 residences across three five-story buildings (24 oceanfront, 17 lakefront); 32 residences offered for sale per the Aug 2026 launch; three- to five-bedroom plans with private elevators and large terraces per broker materials
What comes with a residence at OLIN Palm Beach
The residences
- 32 graciously scaled residences (official site)
- Ocean-to-lagoon site spanning both sides of South Ocean Boulevard
- Three five-story buildings: two oceanfront, one on the Intracoastal
- A penthouse on the top floor of each building
- Architecture by OMA (design architect Jason Long)
- Interiors by AD100 honorees Christine and John Gachot (GACHOT)
Amenities
- Underground parking garages on both sites
Services
- Exclusive sales and marketing by Corcoran Sunshine Marketing Group
Jordana Tobel, broker and founder, visits these sales galleries herself. Questions about OLIN Palm Beach? Call her directly: (728) 231-8615.
OLIN Palm Beach amenities
An oceanfront pool appears in the developer's imagery and full underground garages serve both sites. Beyond that the program is unannounced. Brokers have speculated about an Aman-style wellness offering because OKO's founder also runs Aman, but the project states plainly that it is not affiliated with the Aman brand.
OLIN Palm Beach amenities
- Oceanfront infinity pool (per developer site imagery)
- Full underground parking garages on both sites, connected by a subterranean tunnel
- Private elevators and large arched terraces
- Aman-style amenity program speculated by brokers but not announced; the project states it is not affiliated with the Aman brand
Who is building OLIN Palm Beach
OKO Group is Vlad Doronin's development company, builder of 830 Brickell and Una Residences in Miami. Cain International is a London-based investor that co-developed with OKO on both. Michael Dell's BDT & MSD Partners lent $55 million for pre-development in January 2026. OMA designed the buildings, GACHOT the interiors, and the Corcoran Group holds the exclusive sales assignment.
OLIN Palm Beach developer and design team
- Developer
- OKO Group and Cain International
- Architecture
- OMA (Jason Long, design architect); Spina O'Rourke + Partners, architect of record
- Interiors
- GACHOT (Christine and John Gachot)
- Sales and marketing
- The Corcoran Group (exclusive sales and marketing)
OLIN Palm Beach location
The South End of Palm Beach runs along South Ocean Boulevard from Sloan's Curve to the Lake Worth Beach bridge, a strip of mid-century condominiums with the Atlantic on one side and the lagoon on the other. OLIN occupies both sides of the road at the 2700 block, which is why the project reads as ocean-to-lagoon. Mar-a-Lago is about a mile north; Worth Avenue is roughly four miles. Across the water is the South Flagler corridor and Maison d'Or.
The full area guide: Palm Beach Island. Nearby: 3031 South Ocean Villas
OLIN Palm Beach at a glance
Compiled from the developer’s releases, city filings and press. Pricing and availability move; the private presentation carries the current release.
Developer site- Address
- 2720 and 2730 South Ocean Boulevard, Palm Beach, FL 33480
- Also searched as
- Olin, Ambassador Hotel site redevelopment, Ambassador / Edgewater House condos, Aman Palm Beach (brand reported by The Real Deal Aug 2025; denied by OKO and the project)
- Area
- Palm Beach Island
- Status
- Pre-construction sales (as of October 2026)
- Developer
- OKO Group and Cain International
- Architect
- OMA (Jason Long, design architect); Spina O'Rourke + Partners, architect of record
- Interiors
- GACHOT (Christine and John Gachot)
- Height
- 5 stories
- Residences
- 32 · Approved for 41 residences across three five-story buildings (24 oceanfront, 17 lakefront); 32 residences offered for sale per the Aug 2026 launch; three- to five-bedroom plans with private elevators and large terraces per broker materials
- Pricing
- In the private presentation
- FEMA flood zone
- Zone AE, base flood elevation 8 ft NAVD88 (FEMA NFHL, panel effective December 20, 2024)
- Views
- Atlantic Ocean, Intracoastal Waterway (Lake Worth Lagoon)
- Sales
- The Corcoran Group (exclusive sales and marketing)
- Delivery
- Not published; demolition began in July 2026
OLIN Palm Beach timeline and completion date
- October 2022OKO Group / Cain International JV buys the Ambassador Hotel & Residences (2730 S Ocean, 97 units, 1947) and Edgewater House co-op (2720 S Ocean, 36 units) for a recorded $147.6M in three deals.source
- February 14, 2024Developer proposes a zoning text amendment to allow three midrise buildings without variances; Town Council signals opposition ('premature' during code rewrite) and the developer withdraws it, opting to seek variances.source
- March 26, 2025ARCOM first review: three five-story buildings, 41 units (down from 135), 21 variances and two special exceptions; deferred 4-3 for restudy.source
- October 29, 2025ARCOM approves demolition unanimously, recommends 18 variances 4-3 (recommends denial of two lot-coverage variances), approves design 5-2 with conditions; broad South End resident support.source
- November 2025Town Council approves the redevelopment (135 units reduced to 41 across three mid-rise buildings), per Palm Beach Daily News.source
- June 24, 2026ARCOM grants remaining design-review approvals needed to start construction (contentious meeting over rooftop equipment screening).source
- July 10, 2026Early demolition visible at both sites; excavators staged.source
- July 22, 2026Sales officially launched: 32 residences, three five-story buildings, prices from under $20M to more than $40M.source
- August 1, 2026Palm Beach Daily News reports the name OLIN Palm Beach, Corcoran as exclusive brokerage, 32 units for sale, OMA/Jason Long architecture, and price bands up to/over $40M.source
- ExpectedNot published; demolition began in July 2026
Before you place a deposit
- No completion date, unit sizes or price list have been published. Any figure you see on a broker site is marketing, not a developer term.
- The project is not an Aman residence despite early press and persistent broker claims. Do not price a brand into your offer.
- The approval carried conditions on stormwater, water capture and shoreline protection for an oceanfront barrier-island site. Read them.
- Unit counts moved from 49 to 41 to 32 across the approval process. Ask which plan governs your contract.
Who it suits
- Buyers who want a Palm Beach island address and have found no new-construction alternative on the island
- Collectors of architecture for whom OMA and GACHOT are the reason to buy
- Purchasers comfortable with a private sales process and pricing that is disclosed only in conversation
Questions
Questions buyers ask about OLIN Palm Beach
How much will OLIN Palm Beach residences cost?
The developer has not released a price list. Its inquiry form sorts buyers into three bands: up to $20 million, up to $30 million and over $40 million. Town coverage says some units may exceed $40 million. Broker sites quoting from $12 million or from $25 million are not citing the developer.
Is OLIN Palm Beach an Aman residence?
No. The Real Deal reported in 2025 that an architect mentioned the brand at a review meeting, after which OKO Group wrote to the town denying any affiliation, and the project's website states it is not affiliated with Aman. OKO's founder is Aman's chairman, which is the source of the confusion.
When will OLIN be completed?
The developer has not published a date. Demolition of the Ambassador and Edgewater House started in July 2026. Broker trackers guess 2029 or later, which is consistent with a two- to three-year build after demolition and site work, but nothing official supports a specific year yet.
Why is new construction so rare on Palm Beach island?
The town's 1974 code caps multifamily density and height, allowing five stories only by special exception, and nearly every buildable parcel has been developed for decades. OLIN needed 21 variances. Before it, the last new condominium was Bellaria at 3000 South Ocean Boulevard, finished in 2006.
Who is selling OLIN Palm Beach?
The Corcoran Group is the exclusive sales and marketing brokerage, with inquiries taken through the project website since July 2026. As an independent brokerage we register you with Corcoran before any appointment, which preserves your rebate and gives you a second opinion on pricing.
How many residences does OLIN Palm Beach have, and how big are they?
OLIN Palm Beach has 32 residences over 5 stories. Approved for 41 residences across three five-story buildings (24 oceanfront, 17 lakefront); 32 residences offered for sale per the Aug 2026 launch; three- to five-bedroom plans with private elevators and large terraces per broker materials.
Who is the developer of OLIN Palm Beach?
OKO Group and Cain International. Architect: OMA (Jason Long, design architect); Spina O'Rourke + Partners, architect of record. Interiors: GACHOT (Christine and John Gachot).
Is OLIN Palm Beach on the water?
Yes. Views take in Atlantic Ocean, Intracoastal Waterway (Lake Worth Lagoon).
What flood zone is OLIN Palm Beach in?
Zone AE, base flood elevation 8 ft NAVD88. Confirm with the building's elevation certificate before you sign.
Where is OLIN Palm Beach located?
2720 and 2730 South Ocean Boulevard, Palm Beach, FL 33480, in Palm Beach Island (Palm Beach, South End).
Where these facts come fromShow sources
- OLIN Palm Beach official siteOKO Group / Cain International · October 2026
- Name, Price Ranges Unveiled for Ultra-Luxe Condo Project in Palm BeachPalm Beach Daily News via Boca Raton Tribune · August 1, 2026
- Ultra-Luxury OLIN Palm Beach Condos Begin SalesPalm Beach Now · July 22, 2026
- Palm Beach condo project names, prices revealedPalm Beach Post via Yahoo · July 24, 2026
- Palm Beach board OKs bulk of design for luxury condo project to replace Ambassador hotelPalm Beach Daily News via Yahoo · October 30, 2025
- Palm Beach design board gets first look at condo project to replace aging Ambassador hotelPalm Beach Daily News via Yahoo · March 29, 2025
- Ultra-luxury Palm Beach condo in the works for site of The Ambassador hotel on South EndPalm Beach Daily News via Yahoo · February 16, 2024
- Developer of high-end South End condo in Palm Beach kills controversial zoning requestPalm Beach Daily News (republished by OKO Group) · February 16, 2024
- Palm Beach Oceanfront Condo Project Moves Forward on Condominium RowDiscover South Florida · May 14, 2026
- A Rare Dual-Waterfront Opportunity in Palm BeachThe Worth Group · November 13, 2025
- Palm Beach Town Council Lauds Design of South End Villa-Style Project (notes Nov 2025 council approval of Ambassador redevelopment)Palm Beach Daily News via Boca Raton Tribune · April 21, 2026
- Revealed: OKO and Cain's planned Palm Beach condos will be Aman-branded (paywalled)The Real Deal · August 27, 2025
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