The terrace at Olara is the room the brochure photographs and the contract measures differently. What matters is its depth, which way it faces, whether the slab carries a kitchen or a pool, and what the rules let you put on it, and all four are written down: in the plans, the declaration and the storm rule. Here is how to read the outdoor space of a home at Olara before it decides which line you buy.
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 terrace earns its square feet by depth. Six feet holds two chairs; ten feet holds a table for eight with a chaise behind it; twelve lets a kitchen and a dining table share the slab. Read the plan for the depth, not the length, and the compass for the hour: an east terrace has the sunrise and loses the sun by noon; a west terrace has the sunset and the afternoon heat. Ask which lines at Olara carry the deep terraces and which carry a balcony the plan calls a terrace. The homes as the developer describes them: Two assigned full sized parking spaces with EV capability per residence; twelve guest suites in the building. The count and the lines: 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.
Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison.
A summer kitchen needs gas or power on the slab, a drain and a hood, and the plan shows them or it does not; a private pool on a terrace is a structural decision made before the first pour. Then the rules: the declaration and the house rules say whether a grill is allowed, whether the furniture must come inside when a storm is named, and whether a hot tub, a heavy planter or an awning needs the board’s consent. Read those pages before you buy the furniture; the fine clause is usually on the same page. The outdoor space everyone shares, as opposed to your own slab: 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 architect who drew the slab: Arquitectonica; landscape by EDSA.
Above the twentieth floor the wind is a different animal. A terrace that reads as an outdoor room on the plan may be a place you stand for a minute at that height, and a deep recess, a solid parapet or a glass screen changes that; ask whether the terrace is recessed or cantilevered and whether a wind study was made for the upper floors. Then water: a terrace drains somewhere, its waterproofing has a life, and the declaration says whether the slab, the railing and the membrane are the association’s to maintain or the owner’s; where they are the association’s, your share of the budget pays for every terrace in the tower. Where the building stands and what the weather does to it there: 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. Who runs the building, where there is an operator: No brand or operator is recorded for this building.
The square footage you are quoted is either interior, under air, or total, which adds the terrace, and the two can differ by a fifth or more. Ask which number the price was built on and which the appraiser will use; an appraiser values the air conditioned space first and the terrace as an extra, and that gap is yours to understand before contract. The terrace is usually a limited common element: yours alone to use, the association’s to own, passing with the home. Who sells the home and on what paper: 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. When the money moves: The deposit schedule is held by the desk and read with you before contract.
The trade-off is outside against inside. A deep terrace on a high floor is the best room in the home on a January evening and an empty slab on a July afternoon, and every square foot of it was paid for. The desk reads the plan, the measurement basis and the terrace rules for Olara with you before you decide which line.
Measure the terrace in hours you will use it, not in square feet you paid for.
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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