301 Ocean Drive Key Biscayne
56 residences planned for the former Silver Sands site at 301 Ocean Drive, Key Biscayne. Terra and Fortune. Pricing unpublished. Sales expected later in 2026.
- Neighborhood: Key Biscayne
- Delivery: TBD
- Developer: Terra (David Martin) and Fortune International Group (Edgardo Defortuna)
- Architect: Touzet Studio
- Pricing: Contact for pricing
The site is oceanfront at 301 Ocean Drive in Key Biscayne, on the grounds of the former Silver Sands Beach Resort. The Miami-Dade tax roll measures the parcel at about 3.9 acres, between the village and the Atlantic. Touzet Studio is the architect named on the village approval and in the April 2025 sale announcement. The design was described then as drawing on Stiltsville, the wood stilt houses in Biscayne Bay. Raymond Jungles is the landscape architect. That announcement named a fine-dining restaurant, two pools,...
301 Ocean Drive Key Biscayne FAQ
What is planned at 301 Ocean Drive in Key Biscayne?
Terra and Fortune International Group plan a luxury condominium on the former Silver Sands Beach Resort site at 301 Ocean Drive. The approved program is 56 residences. Pricing, floor plans, and an official project name have not been published.
Who is developing 301 Ocean Drive, and who designed it?
Terra, led by David Martin, and Fortune International Group, led by Edgardo Defortuna, are the developers. Touzet Studio is the architect named in the village approval and the April 2025 sale coverage. Raymond Jungles is the landscape architect.
Does the project have an official name?
No marketed name has been published. News coverage still refers to the former Silver Sands Beach Resort. This page uses the address, 301 Ocean Drive Key Biscayne, until the developers release a name.
When will sales start, and what will residences cost?
October 30, 2026 coverage says preconstruction sales are expected to launch later in 2026. No prices have been released. Request updates on this page and Brett Fraser of ONE Sotheby's International Realty will send pricing and plans when they are published.
How tall will the building be?
A single height has not been settled in print. The Real Deal described a 14-story building and Commercial Observer a 13-story building, both writing about the same approval. This page leaves height blank until the developers publish one figure.
What financing is in place?
On October 30, 2026 the developers announced a $220 million pre-development loan from Blackstone Real Estate Debt Strategies for the 301 Ocean Drive site. The land sale, $205 million, closed on April 10, 2025.