Mar 30, 2026

Forest Development And Royal Palm Companies Open Nautilus 220 Waterfront Condo Project In Lake Park

Traded Media

Traded Editorial

2 min read

330 condo units delivered across two 24-story towers
1.15 million square feet mixed-use waterfront project
Over 90 percent sold, signaling strong demand in Palm Beach County

What the delivery means for Palm Beach County condo supply

Nautilus 220 has officially opened at 220 Lake Shore Drive in Lake Park, delivering a large-scale waterfront condo development to Palm Beach County. The project was developed by Forest Development and Royal Palm Companies. The development includes 330 condominium residences across two 24-story towers, making it one of the largest condo-driven mixed-use projects in the area. With more than 90 percent of units already sold, the project underscores continued demand for luxury waterfront product in South Florida.

What the amenities and design mean for pricing power

The project leans heavily into a resort-style living experience, with a one-acre amenity deck, rooftop pool, wellness spaces, and private beach club access. Interiors by Interiors by Steven G. emphasize high-end finishes, floor-to-ceiling glass, and expansive terraces. This level of amenity concentration supports premium pricing and resale value, particularly in a market where buyers are prioritizing lifestyle-driven assets.

What the retail and dining mix means for long-term activation

The ground-floor commercial component adds a destination element to the property. Tenants include SeaHawk Prime by David Burke, marking his first Florida restaurant, along with additional dining and retail concepts. This integration of food, beverage, and retail helps activate the asset beyond residential use, supporting foot traffic and long-term value creation. Sales and leasing are being handled by Oculus Realty, which also occupies space in the project.

What this means for South Florida condo trends

Nautilus 220 reflects continued momentum in Palm Beach County’s luxury condo market, where demand remains strong despite broader economic uncertainty. Waterfront positioning, large-scale amenities, and mixed-use integration are becoming standard for new developments targeting higher-end buyers. For developers and investors, this project reinforces that well-located, lifestyle-driven condo assets can achieve strong absorption and pricing power, especially in high-growth coastal markets.

#Florida #Mixed Use #Development Site #Residential #Retail #Hospitality

Published: Mar 30, 2026Last updated: March 30, 2026