The rendering ends at the keys. The ownership starts there. This is the first year at Olara, in the order it happens.
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.
Olara is at 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. Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison. This page is the estate manager’s reading of it, as a framework to verify, never as a finding.
The record, in the developer’s words: Development: 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. Architecture: Arquitectonica; landscape by EDSA. Interiors: Gabellini Sheppard. Position: 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.
Compare as you read: Alba Palm Beach and Banyan Tree Residences answer the same questions differently, and the desk holds the documents for all three.
A closing notice arrives with a date, a final balance and a list of documents. The walkthrough follows: a punch list of everything unfinished, agreed with the developer in writing before closing, with a schedule to fix it. Then the wire, the deed, the keys.
For Olara, the developer’s finish specification is the yardstick at the walkthrough: Two assigned full sized parking spaces with EV capability per residence; twelve guest suites in the building.
The first association budget was an estimate in the offering documents. In the first year it becomes a monthly invoice, and the difference between the two is the number every new owner notices. Insurance, staffing and the brand fee are the lines that move most; reserves are the line the law now watches.
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. Every one of those has a staffing cost in the budget, and the first year is when the building learns what they really cost.
Management is as the dossier records. The first year is when procedures are written: packages, guests, contractors, moving days, the pool at night. Owners who show up to the first meetings shape them; the rest inherit them.
Florida gives a new condominium statutory warranties from the developer on the unit and the common elements, running for set periods from completion and from turnover; the association, once owners control it, is the party that pursues building-wide defects. Know the dates; the clock starts without asking you.
The first year is the year to notice things. Write them down, date them, send them.
Punch list agreed in writing. Final balance reconciled to the contract. Insurance in force from the day of closing. Homestead exemption filed the first January you qualify. The first budget read against the estimate. The first board meeting attended. Warranty dates in the calendar.
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 every line here, read one to one with you and your estate manager.
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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. For the first year that means the punch list and the budget before the party. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
Metrik Real Estate is a Miami real estate company built around one idea: the buyer gets their own team. Miami Dossier is its private buyer advisory for new construction.
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