301 Ocean Drive: A New Vision for Key Biscayne’s Oceanfront
A new residential development is taking shape at 301 Ocean Drive, one of Key Biscayne’s most closely watched oceanfront sites. With demolition of the former Silver Sands Beach Resort underway, attention is turning to what Terra and Fortune International Group plan to build on the 3.8-acre property. The developers acquired the site for $205 million in 2025, a record land sale for the island
301 Ocean Drive is a planned luxury condominium development in Key Biscayne, Florida, featuring 56 residences, according to Touzet Studio. The architecture takes inspiration from the island’s natural surroundings, combining contemporary residential design with an emphasis on outdoor living and the demands of a subtropical coastal environment.
The proposed condominium will contain just 56 residences. Earlier plans described homes ranging from approximately 3,354 to 4,788 square feet, with larger residences exceeding 8,000 square feet. Final floor plans and specifications are expected with the official sales materials
For buyers exploring new luxury condominiums in Key Biscayne, the project offers a design concept rooted in the qualities that make island living appealing: natural light, greenery, views, and a strong connection between the home and its surroundings.
Why Key Biscayne Remains One of Miami’s Most Desirable Places to Live
Key Biscayne is an island village in Miami-Dade County, connected to mainland Miami by the Rickenbacker Causeway. Its appeal comes from an unusual combination: beaches, natural surroundings, and a close-knit residential community within reach of Brickell and Downtown Miami.
The island offers a different rhythm of daily life. Golf carts, bicycles, neighborhood restaurants, and outdoor recreation contribute to its relaxed atmosphere. For families, the village’s parks, schools, and community activities are an important part of the attraction. For seasonal residents, the setting offers a coastal retreat with access to Miami’s business, dining, and cultural destinations.
Nature is central to Key Biscayne’s identity. Crandon Park occupies the northern part of the island, while Bill Baggs Cape Florida State Park anchors its southern end with beaches, trails, and the historic Cape Florida Lighthouse. Nearby waters provide opportunities for boating, sailing, kayaking, and paddleboarding.
Tropical Architecture by Touzet Studio - Architecture shaped by the island
Touzet Studio’s design takes its cues from Key Biscayne’s tropical climate. Expansive glass, open layouts, deep overhangs, and terraces are intended to make natural light and outdoor living integral to each home. The architects describe a landscape and canopy plan that creates shade, along with materials and systems selected for a coastal setting. Raymond Jungles is associated with the landscape design
Touzet Studio’s design for 301 Ocean Drive incorporates open floor plans, expansive glass, and deep overhangs. Terraces and balconies extend the living spaces outdoors, while landscaping and a canopy plan create shaded areas intended to improve comfort and energy efficiency.
The architectural approach also addresses coastal conditions. Materials and building systems were selected with durability in mind, bringing resilience into a design intended to complement Key Biscayne’s character.
These elements give the project a clear architectural identity. Outdoor spaces and landscaping form part of how the residences are designed to be experienced throughout the year.
A project close THE APT TEAM
For us at The APT Team, this development is especially exciting because we have worked with both developers. We were part of the original sales team at Terra’s Park Grove in Coconut Grove, and today we represent buyers at Faena Residences Miami, developed in partnership with Fortune International Group.
Those experiences have given us a firsthand appreciation for the vision and commitment behind each company’s projects. We are excited about what their partnership could bring to Key Biscayne: an intimate collection of new oceanfront homes designed specifically for the island.
What Buyers Should Know About 301 Ocean Drive
The architect’s published overview identifies Key Biscayne as the location and 56 residences as the planned condominium count. It describes the project’s design philosophy but does not provide pricing, residence sizes, a completion schedule, or a hospitality brand affiliation. Buyers interested in the development should confirm those details as additional information becomes available.
For prospective residents, the next step is to understand how the eventual floor plans, services, amenities, and purchase terms align with their priorities—whether they are seeking a primary residence or a seasonal home.
Explore Key Biscayne Real Estate With The APT Team
The APT Team follows new development opportunities across Miami, helping buyers evaluate architecture, location, floor plans, and the lifestyle each property offers.
We are following the development closely and look forward to working with our buyers early in the process, helping them understand the plans, evaluate the residences, and be ready when official opportunities become available.
Interested in 301 Ocean Drive or luxury real estate in Key Biscayne? Contact Adriana Pinto-Torres and Tracy Ferrer to register your interest, request available project information, and explore residences suited to your goals.
Source: Touzet Studio’s 301 Ocean Drive project overview.
