The Premier Connection

Palm Beach Island market report

Two projects in twenty years and both on the South End

Market reportsPalm Beach County5 min read

A Mediterranean Revival building with tile roofs and arched loggias behind royal palms on a street in the Town of Palm Beach
A Mediterranean Revival building with tile roofs and arched loggias behind royal palms on a street in the Town of Palm Beach. Photo: Hector Falcon on Unsplash.
Starting prices
On request
No tower here has published pricing
Largest residence
5,600 sq ft
3031 South Ocean Villas

The Town of Palm Beach is the most constrained new-construction market in Florida. Its 1974 code caps multifamily buildings at three stories by right and five by special exception, nearly every parcel has been built for decades, and the Architectural Commission reviews every facade. Between Bellaria in 2006 and 2026 no new condominium was built. Two are now approved, both on the South End of South Ocean Boulevard: OLIN Palm Beach, three five-story OMA buildings from ocean to lagoon with 32 residences offered in bands up to and above $40 million, and Copperline Partners' twelve-villa project on the peninsula at 3031 South Ocean. Most island buyers who want new construction cross the bridges to Flagler Drive.

Selling now

Arched terrace at OLIN Palm Beach facing the Atlantic OceanOLIN Palm BeachNow sellingPrivate pricing

Every tower in the market

From move-in ready to first filings, with the figures buyers compare.

Arched terrace at OLIN Palm Beach facing the Atlantic OceanOLIN Palm Beach2720 and 2730 South Ocean Boulevard · The IslandNow sellingPrivate pricing32 homes · 5 floorsRendering of the 12 connected Italian-style villas at 3031 South Ocean Boulevard seen from the Lake Worth Lagoon, with the private bridge at left3031 South Ocean Villas3031 South Ocean Boulevard · The IslandApproved, coming soonPricing not released12 homes · 5 floors

Approved, coming next

What the public numbers leave out

Developers publish a starting price and little else. The sheet each sales gallery works from is what decides a purchase.

  • The price of every residence in the current release
  • Which residences remain, line by line
  • Deposit schedules and the incentives on offer this release
  • Recent resales nearby, for what finished buildings trade at

Questions this report answers

Which new towers in Palm Beach Island are selling now?

OLIN Palm Beach.

Which new towers in Palm Beach Island are approved but not yet selling?

3031 South Ocean Villas. Join the private list to hear when each one opens sales.

What is the largest new residence in Palm Beach Island?

5,600 square feet at 3031 South Ocean Villas, the largest published residence among the towers in this report.

Are the new towers in Palm Beach Island on the water?

Yes, every tower in this report sits on the water.

How current is this report?

It is computed from the building files at every build, with the newest status check in October 2026. Every figure traces to a dated source on the building page.

Analysis of this market

The Journal
Arched terrace at OLIN Palm Beach facing the Atlantic OceanBuilding briefs · Palm Beach CountyOLIN Palm Beach: the first new condominium on the island in a generation
Motor court entrance with fountain between the limestone towersOwnership costs · Palm Beach CountyWhat foreign and out-of-state buyers should know about taxes on a Palm Beach condo
The two limestone towers of South Flagler House rising over the Lake Worth LagoonOwnership costs · Palm Beach CountyFlood zones and seawalls on Flagler Drive and what they mean for insurance

Around Palm Beach Island

The streets and landmarks a resident here walks to.

Aerial view of the Town of Palm Beach showing oceanfront estates and beach on the Atlantic side, The Breakers on the shoreline, and the Lake Worth Lagoon with West Palm Beach beyond.
Town of Palm Beach (island aerial, with The Breakers)Photo: Michael Kagdis, CC BY-SA 3.0
Elevated view of The Breakers hotel in Palm Beach with its twin towers, red tile roofs and front drive, set against the Atlantic Ocean.
The BreakersPhoto: Rich Andrews, CC BY-SA 4.0
Elevated view of Whitehall, the Henry M. Flagler mansion and museum in Palm Beach, with its lawn and the Lake Worth Lagoon and West Palm Beach behind at sunset.
Whitehall (Flagler Museum)Photo: Rich Andrews, CC BY-SA 4.0
The corner of Worth Avenue and Hibiscus Avenue in Palm Beach, with a coral-stone retail building, palm trees and storefronts along the street.
Worth Avenue at Hibiscus AvenuePhoto: Christopher Ziemnowicz (CZmarlin), CC BY-SA 4.0

Other markets

All reports and analysis

Palm Beach County

Condominium and office towers along the Flagler Drive waterfront in West Palm Beach, seen across the Lake Worth Lagoon from Palm BeachMarket reportSouth Flagler DriveFrom $5.5M$3,090 a sq ftThe Flagler Drive waterfront walk at dusk, looking north from the Royal Park Bridge past Phillips Point to the downtown West Palm Beach towers and the Lake Worth LagoonMarket reportDowntown West Palm BeachFrom $1.4M$1,100 to $1,200 a sq ftThe NORA District sign framed by red bougainvillea, palms and a timber pergola in front of a restored stucco warehouse building in West Palm Beach's Nora DistrictMarket reportNora DistrictFrom $2MAerial of North Flagler Drive at sunset, with the finished Alba Palm Beach tower and the Northwood marinasMarket reportNorth Flagler DriveFrom $2M$930 to $1,800 a sq ft

Broward County

Oceanfront towers near the Hollywood and Hallandale Beach line, including the striped beach-ball water tower, rising behind a white beach and turquoise Atlantic waterMarket reportHollywood and Hallandale BeachFrom $850KAerial view of Fort Lauderdale looking north, with the Intracoastal Waterway winding past residential isles and the high-rise-lined beach running along the Atlantic on the rightMarket reportFort Lauderdale BeachFrom $2MAerial view of the New River winding past waterfront homes and docked boats toward the downtown Fort Lauderdale skylineMarket reportLas Olas and DowntownFrom $760K$1,890 a sq ftAerial view of Pompano Beach with the fishing pier reaching into turquoise water and a line of beachfront condominiums stretching north toward the Hillsboro Inlet lighthouseMarket reportPompano Beach and Hillsboro MileFrom $1.8M$1,490 to $2,140 a sq ft

Schedule a private presentation

Select an option

Premier Listings, licensed Florida brokerEqual Housing Opportunity