A Rare Dual-Waterfront Opportunity in Palm Beach 41 Ultra-Luxury Residences by OKO & Cain

For the first time in more than two decades, Palm Beach’s South End is poised to unveil a truly exceptional residential offering. Spanning nearly 5 acres from the Atlantic Ocean to the Intracoastal Waterway, the project by OKO Group and Cain International comprises just 41 residences across three five-story buildings—a rare fusion of estate-scale exclusivity with the convenience of condominium living.

In this post, we’ll explore what sets this offering apart, the current status, pricing insights and why it matters for discerning buyers and investors alike.

Location & Site Advantage

Dual-Waterfront Positioning

The site, located at 2720 & 2730 S. Ocean Blvd., features two buildings facing the Atlantic (24 homes) and one building facing the Intracoastal (17 homes). This dual-water frontage is virtually unmatched on the island.

Rare Land Assembly

Acquired in 2022 for approximately $146.6 million, this 4.9-acre parcel reflects the long-term vision of the developers and underscores the scarcity of similarly sized, premier-location land in Palm Beach.

The Promise of the South End

With minimal comparable new-construction inventory recently delivered in the South End, this project enters a market hungry for fresh ultra-luxury product.

What Sets These Residences Apart

Ultra-Low Density

Just 41 homes across three low-rise buildings — Residents will enjoy estate-style privacy, with fewer neighbours per floor and generous outdoor spaces.

Architecture & Landscape

Designed by the renowned OMA (Rem Koolhaas) in concert with local partners, the project emphasises clean horizontal lines, floor-to-ceiling glass, expansive terraces and a full underground garage to maintain a pristine surface experience.

Wellness, Service & Branding Potential

While the branded affiliation has not been formally announced, strong market speculation links the development to the luxury hotel-residence brand Aman. Should this materialise, future owners may benefit from resort-level amenities, beach-club access, spa services and membership reciprocity across a global portfolio.

Residences Designed for Modern Luxury

The residences are projected in three- to five-bedroom layouts of approximately 3,500–7,000 sq ft, with flow-through views, private elevators and substantial outdoor terraces. Select penthouses may feature rooftop pools and sky gardens—attributes typically reserved for island estates.

Scarcity + Brand Prestige = Value

With only 41 units and potential brand-premium upside, this offering may set a new benchmark for the Palm Beach ultra-luxury condominium market.

Status & Next Milestones

• The Architectural Commission granted conditional approval of most design elements on October 29, 2025, and demolition of the prior structures was approved on October 31, 2025.
• Final floor plans, finishes, pricing and allocation methodology are currently being finalised by the development team.
• Though the official price list is yet to be released, market commentary suggests pricing is likely to begin well above $10 million. Sizeable residences and upper floors with premium views may trade in the mid-tens of millions or more, with square feet pricing possibly entering the $5,000+ per sq ft range.

Why This Matters for Buyers & Investors

• Unmatched Rarity: New ultra-luxury condo product with ocean-to-Intracoastal frontage is exceedingly rare on Palm Beach.
• Brand & Service Premium: Should the Aman affiliation be formalised, residents may access global service networks and frequent-traveller benefits—not common in plated-residence developments.
• Strong Resale Prospects: Dual-water-front homes in premier island locations have historically held value and attracted global ultra-high-net-worth buyers.
• Lifestyle Meets Investment: This is not simply a residence—it offers an integrated lifestyle (design, service, location) and may generate long-term capital appreciation.

Things to Keep in Mind

• Floor plans, finishes, pricing and allocation details remain under development—early engagement is key to reserve choice units.
• Confirm service/amenity commitments in the contract if branding remains unofficial.
• Understand financing, deposit structure and escrow protections, particularly for luxury pre-construction purchases.
• Evaluate ownership structures and tax implications—especially important for international buyers and second-home investors.

This project offers one of the most compelling ultra-luxury opportunities on Palm Beach in recent memory: low-density, dual-water-front, architect-driven and potentially backed by one of the world’s most respected luxury brands. If you’re seeking a distinguished address that blends residence and resort service in equal measure, this warrants your focused attention.

Interested? Contact The Worth Group directly to be added to the confidential interest list. We’ll ensure you receive the latest floor plans, pricing, timeline and allocation details as soon as they are released. Contact us at 561-639-2149 or team@theworthgrouppalmbeach.com