The homes at Olara, top floors included, as the developer publishes them: 275 residences of two to four bedrooms plus den across 26 storeys; construction at floor 15 as of August 2026; phased delivery late 2026 through 2028. A penthouse earns its name only where the plan, the ceiling and the outdoor space change at the top. Here is how to tell, and what the top floors ask of an owner.
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In Miami a penthouse is whatever the developer calls one. Sometimes it is a separate collection on the last floors, with its own plans, taller ceilings and private pools; sometimes it is the top floor of a standard line under a grander name. The test is the plan, not the label: a layout of its own, a higher ceiling, outdoor space you can live on, and an elevator arrival that is yours alone. Ask the developer of Olara which homes carry the name and what they get that the floors beneath do not.
What the developer of Olara says about the homes: Two assigned full sized parking spaces with EV capability per residence; twelve guest suites in the building.
Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison.
The highest floors usually gain height, deeper terraces where the tower steps back, and sometimes roof space or a private pool. They also gain things to ask about: the machinery on the roof, the window-cleaning rig, the wind on a terrace at height, and who maintains the roof membrane over the home. A rooftop terrace is often a limited common element: the owner uses it, the association owns it, and the declaration says who repairs it.
The view from the top depends on where the tower stands. Olara: 1919 N Flagler Drive, West Palm Beach, overlooking the Intracoastal Waterway; Currie Park and the NORA District walkable per the developer; Worth Avenue on Palm Beach island minutes away.
A penthouse is usually sold on terms of its own. Ask for the plan with dimensions, the finish schedule for that home, any rights to roof space written into the declaration, and how its share of common expenses is set. In many Florida condominiums the share follows size or value, so the largest homes carry the largest slice of the budget and of any special assessment. Deposits and delivery follow the same contract as the floors below.
A penthouse owner still shares the rest of the building with every other owner. At 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.
The top floors suit a buyer who will live on the terrace, wants the fewest neighbours above and around, and means to hold long enough for the view to matter. They ask for patience in return: fewer homes trade at that height, so there are fewer recent sales to price against, and a resale can take longer to meet the right buyer. A lower floor on the same line often keeps most of the view on the same plan.
The developer: 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. The architect: Arquitectonica; landscape by EDSA. The desk holds the top-floor plans and the current release for Olara, and reads them with you against the lines below and the top floors of two neighbours.
Buy the top floor for the plan and the terrace. The name comes free.
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.
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