
OLIN is an ultra-luxury oceanfront condominium rising on the South End of Palm Beach Island, the first new condominium the town has permitted in more than two decades, a 5-story building with 32 residences at 2774 South Ocean Boulevard that broke ground in July 2026. Financed with $55M in January 2026.
Oceanfront. A 4.9-acre site. Developed by Vladislav Doronin's OKO Group in partnership with Cain International on a rare ocean-to-lagoon parcel along South Ocean Boulevard, the project replaces the former Ambassador Hotel and Edgewater House with three interconnected five-story buildings that respect Palm Beach's storied low-rise character and strict height limit. The residences are designed by OMA, the Pritzker Prize-winning practice founded by Rem Koolhaas, with interiors by AD100 Hall of Fame studio GACHOT, positioning OLIN among the most significant residential commissions of its designers. A gracious, limited collection of full-floor and estate-scaled homes set within landscaped oceanfront grounds, OLIN redefines the top of the Palm Beach market as a singular address where architecture, privacy, and beachfront living converge.
Early-stage demolition is underway at the ocean-to-lagoon site, though crews have yet to topple the former Ambassador Palm Beach Hotel and Residences or the lakeside Edgewater House that OLIN replaces.
bocaratontribune.comSales launched as OLIN Palm Beach with Corcoran exclusive; 32 residences across three five-story buildings priced up to $20M, up to $30M and over $40M.
yahoo.comPalm Beach's Architectural Commission granted OLIN's remaining design-review approvals at a contentious June 24, 2026 meeting, clearing construction; early-stage demolition then began July 10, 2026.
yahoo.com$55M from BDT & MSD Partners to fully capitalize the pre-development phase.
commercialobserver.com- Infinity pool
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Frequently asked
Where is OLIN Palm Beach located?
OLIN Palm Beach is located in Palm Beach.
When will OLIN Palm Beach be completed?
OLIN Palm Beach is breaking ground.
Who is developing OLIN Palm Beach?
OKO Group, Cain International is the developer behind OLIN Palm Beach.
Who designed OLIN Palm Beach?
OLIN Palm Beach was designed by OMA, Spina O'Rourke + Partners, with interiors by Gachot.
How big is OLIN Palm Beach?
OLIN Palm Beach rises 5 stories with 32 residences.