Silver Sands Key Biscayne

About the Project

Situated on one of the last available oceanfront sites on Key Biscayne — a barrier island of remarkable restraint, where development has always yielded to the natural landscape — Silver Sands Key Biscayne represents the most consequential new residential project to arrive on the island in over a decade. Developed through a landmark partnership between Terra Group and Fortune International Group, the 56-residence boutique condominium will rise at 301 Ocean Drive on the historic 3.8-acre grounds of the former Silver Sands Beach Resort, a property that anchored Key Biscayne's low-key coastal identity for generations. The developers acquired the site in April 2025 for 05 million — a record for any land transaction on the island — signaling their conviction that Key Biscayne's long-dormant luxury pipeline is ready for a defining moment.

Designed by the acclaimed Touzet Studio with lush, ecologically precise grounds by landscape architect Raymond Jungles, the 13-story tower is conceived as a tropical modern sanctuary that appears to float above a continuous plane of native trees and climate-appropriate vegetation. The architectural vision draws direct inspiration from Stiltsville, the storied collection of wood-stilted structures perched above the shallows at the edge of Biscayne Bay since the 1930s — translating that sense of lightness, elevation, and dialogue with water into a thoroughly contemporary residential language. Clean horizontal lines, deep overhangs, and generous terraces animate the facade, while an emphasis on cross-ventilation, passive shading, and locally resonant materials ensures the building feels indigenous rather than imposed. The result is a project that does not compete with Key Biscayne's natural splendor but extends it upward.

The 56 residences — a number that mirrors the original Silver Sands resort's room count — are conceived at a scale befitting the island's ultra-luxury positioning and the land's extraordinary per-unit cost basis. Homes are expected to range from expansive multi-bedroom floorplans to full-floor and penthouse configurations, each capturing direct Atlantic Ocean views to the east and sweeping Biscayne Bay perspectives to the west. At a price point that begins in the multi-millions and ascends into the tens of millions for the most exceptional residences, interior appointments will reflect the tier of finish the market demands: custom European cabinetry, large-format stone, bespoke hardware, floor-to-ceiling glazing, and wraparound terraces that extend the living footprint into the warm ocean air. Details will be finalized in collaboration with design partners as the project advances through its sales program, expected to launch ahead of a late 2026 construction commencement.

The amenity program is curated for residents who expect nothing less than a private resort. Two oceanfront pools create a layered aquatic landscape framed by Raymond Jungles' native plantings, while a signature fine dining restaurant brings culinary excellence directly to the address. A full-service spa and a state-of-the-art fitness center offer daily rituals of recovery and performance, and a series of thoughtfully designed social spaces — both indoor and open-air — accommodate intimate entertaining as readily as community gatherings. Two hundred and twenty-one subterranean parking spaces serve the building's residents and guests with seamless, below-grade efficiency. Sustainability is woven into the infrastructure at every level: bioswales, rain gardens, and a dedicated cistern manage water retention on-site, reducing environmental runoff and reinforcing the project's status as the most climate-resilient residence on the island.

The development is the product of two South Florida real estate dynasties whose combined track record spans the most celebrated luxury addresses in the region. Terra Group, led by CEO David Martin, has redefined the standard of thoughtful density in Miami-Dade County through such landmark projects as Five Park Miami Beach, Mr. C Residences Coconut Grove, and Villa Miami — each distinguished by its architectural ambition and its sensitivity to place. Fortune International Group, helmed by founder and CEO Edgardo Defortuna, brings four decades of expertise in marketing, developing, and selling South Florida's most prestigious residences, including Jade Signature in Sunny Isles Beach and The Ritz-Carlton Residences Sunny Isles Beach. Together, the two firms combine David Martin's development and design vision with Defortuna's unmatched network and sales infrastructure — a pairing ideally suited to the demands of a project at this address, at this price point, and at this cultural moment for Key Biscayne.

Key Biscayne occupies a singular position in the South Florida real estate hierarchy that no amount of marketing can manufacture: it is, quite literally, an island. Accessible only via the Rickenbacker Causeway from the City of Miami, the 1.5-square-mile municipality is home to approximately 12,000 permanent residents who have historically guarded its low-density character with considerable resolve. Height restrictions, environmental protections, and the absence of available land have kept the island's skyline dramatically lower than neighboring Miami Beach or Brickell, making each new project a genuine rarity. Silver Sands Key Biscayne is the first new condominium to break ground on the island in more than a decade, a distinction that underscores its significance not merely as a luxury residence but as a piece of Key Biscayne's architectural legacy. With construction targeted to begin in late 2026 and delivery anticipated in 2029, the project arrives at a moment when oceanfront land in South Florida has never been more finite — and, by extension, never more valuable.

Amenities

Location

301 Ocean Drive, Key Biscayne, FL 33149