Some residences come with a club. Some come with a club bill. At Olara, here is how to tell which, and who controls the price.
This page is a framework. Whether the building suits you is a separate conversation. Contact the desk at Miami Dossier for the current position on any building we cover.
A mandatory membership is written into a recorded covenant or the declaration: owning the residence means paying the club’s dues, used or not. An optional one is offered to owners, sometimes ahead of the public, and can be declined. A beach club, a spa, a marina or a private dining club at Olara can sit under either model.
Olara: Over 80,000 square feet centred on a private sixth floor deck; dining by Jose Andres Group including an 8,500 square foot indoor and outdoor waterfront restaurant and a dockside oyster bar; private marina with resident slips, a captained fishing boat and a cruising yacht; 24 hour doorman, valet and security; resident manager and concierge.
Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison.
If the facilities are common elements, the association runs them and their cost sits in a budget the owners eventually control. If the developer, a hotel operator or a separate company owns the club, that owner sets dues, initiation fees and rules, and residents do not vote on them. The prospectus describes the recreational facilities and any fees or leases attached; read it against the club’s own papers.
Olara: No brand or operator is recorded for this building.
Olara: Savanna, New York based real estate investment manager formed in 1992; construction by SavCon and Gilbane; exclusive sales and marketing by Compass Development Marketing Group.
Ask for every charge a club at Olara could carry: initiation, annual dues and how they rise, food and beverage minimums, guest fees, and any assessment of its own. Ask whether unpaid dues can become a lien on the residence, whether a family membership covers adult children and staff, and whether a tenant may use the club.
A mandatory membership passes with the residence, so the next buyer prices in the dues. An optional one may transfer for a fee, return to a waiting list or lapse. If the club is sold or closed, the covenant says what owners keep. The desk asks for the membership plan at Olara in writing and reads it with you before contract.
A club you must join is part of the price. Read its bill like one.
Developer materials for Olara as carried on the live dossier, verified September 2026. Compiled by the desk at Miami Dossier; figures are approximate and the developer’s.
Contact the desk at Miami Dossier for the documents behind this note, read one to one with you and your advisers.
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We hold no listings and we are not the developer. Contact the desk at Miami Dossier and we will tell you what applies to your situation, what does not, and where we would not proceed. On this topic that means the document before the opinion. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
Miami Dossier is the private buyer advisory of Metrik Real Estate, built to represent buyers in Miami pre-construction. Principal: Samuel Strauch.
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