
Peter Baytarian is the Founder and Managing Partner of Forest Development, a Florida-based real estate development firm focused on transforming undervalued waterfront and high-growth properties into destination assets. With decades of experience across Cape Cod, Manhattan, and Florida, Baytarian has built a reputation for identifying strategic markets early and delivering projects that create both investment and regional impact.
Peter Baytarian has built his career around seeing potential where others may not. Through Forest Development, he has focused on acquiring and developing properties in areas positioned for growth, particularly across Florida’s waterfront markets, where strategic real estate can influence far more than individual assets.
His latest high-profile project, Nautilus 220 in Lake Park, reflects that broader vision. The completed mixed-use development includes 330 condominium residences, retail, restaurants, office space, and marina access, adding a new level of visibility and economic momentum to the area. More than a residential project, Nautilus 220 represents the kind of development that can help reshape how an entire region is perceived by investors, residents, and businesses.
Before his work in Florida, Baytarian developed more than 150 residences in Cape Cod and expanded into Manhattan through high-end value-add properties, building experience across multiple real estate sectors. That background has shaped a strategy centered on timing, location, and long-term upside.
Today, Baytarian’s role extends beyond development itself. As a Board Member of the Business Development Board of Palm Beach County, he remains actively involved in the larger economic conversation shaping South Florida’s future.