301 Ocean Drive is poised to become one of Key Biscayne‘s most anticipated luxury residential developments. Planned for a premier oceanfront site along the island’s eastern shoreline, the project is expected to introduce a collection of spacious residences paired with resort-inspired amenities and direct access to one of South Florida’s most desirable beach communities. The development will replace the former Silver Sands Beach Resort, bringing a new level of luxury living to a location that has long been associated with waterfront recreation and island living.
Life in Key Biscayne offers a unique blend of coastal beauty and everyday convenience. Residents enjoy easy access to pristine beaches, waterfront parks, boutique shopping, local restaurants, and outdoor destinations including Crandon Park and Bill Baggs Cape Florida State Park. The island’s location along the Rickenbacker Causeway also provides a direct connection to Brickell, Downtown Miami, and Coconut Grove.
About 301 Ocean Drive
301 Ocean Drive, also known as 301 Key Biscayne, is a planned ultra-luxury condominium development by Terra. Current plans call for a 13-story oceanfront tower featuring 56 private residences. Reported floor plans range from approximately 3,354 to 4,788 square feet, with select penthouse residences expected to exceed 8,000 square feet.
The project is designed to offer expansive residences with large terraces, premium finishes, and views of the Atlantic Ocean and surrounding Key Biscayne landscape. As one of the first newly built luxury condominium developments on the island in more than a decade, the community has generated significant interest among buyers seeking new construction opportunities in Key Biscayne.
History of 301 Ocean Drive
The site at 301 Ocean Drive was formerly home to the Silver Sands Beach Resort, a long-standing Key Biscayne landmark dating back to the 1950s. In 2024, approvals were secured for redevelopment of the property into a luxury residential tower, marking a significant chapter in the evolution of Key Biscayne’s oceanfront real estate market.
The project reflects the continued demand for luxury residences on the island, where development opportunities are increasingly limited. Upon completion, 301 Ocean Drive is expected to join the ranks of Key Biscayne’s most prestigious residential addresses.
Amenities
Current plans indicate residents may enjoy:
Oceanfront location
Direct beach access
Resort-style swimming pools
Luxury spa facilities
Fitness center
Multiple dining venues
Beach bar
Private resident services
Underground parking
Expansive terraces and outdoor living spaces
Concierge-style amenities
Views of the Atlantic Ocean and Key Biscayne
Amenities and specifications are subject to change during development.
301 Ocean Drive Homes for Sale FAQs
What types of 301 Ocean Drive Homes for Sale will be available?
301 Ocean Drive Homes for Sale are expected to consist of luxury condominium residences within a 13-story oceanfront tower. Current plans call for 56 residences featuring spacious floor plans and premium finishes. Residence sizes are anticipated to be significantly larger than many traditional condominium offerings in South Florida.
Is 301 Ocean Drive a new construction community?
Yes. 301 Ocean Drive is a planned luxury condominium development currently moving through the development process. The project will replace the former Silver Sands Beach Resort and represents one of the most significant new residential developments in Key Biscayne in recent years.
What amenities are planned for 301 Ocean Drive Homes for Sale?
Reported amenities include resort-style pools, a spa, fitness center, restaurants, beachside services, and underground parking. Additional luxury services and resident-focused amenities are expected as the project advances toward completion.
Where is 301 Ocean Drive located?
The development is located at 301 Ocean Drive in Key Biscayne, directly along the Atlantic Ocean. Residents will enjoy convenient access to beaches, parks, local shopping, dining, and the Rickenbacker Causeway connecting the island to Miami.
Why are buyers interested in 301 Ocean Drive Homes for Sale?
Buyers are attracted to the combination of new construction, oceanfront living, spacious floor plans, and Key Biscayne’s limited inventory of luxury residential developments. The project’s location and planned amenities position it among the island’s most notable upcoming communities.
Key Details
Amenities
Planned 13-story luxury tower
56 proposed residences
Oceanfront location
Resort-style pools
Fitness center and spa
Dining venues
Beach access
Underground parking
Community Fees
HOA fees have not yet been publicly finalized
Fees will likely support building operations and amenities
Buyers should review governing documents when available
Costs and services are subject to change during development
Membership Information
No country club membership requirement has been announced
Condominium ownership will include association membership
Building rules and policies will be established by the association
Owners should review all governing documents before purchase
One of the island’s premier oceanfront communities featuring resort-style amenities, private beach access, tennis facilities, and luxury condominium residences.
An exclusive oceanfront condominium community offering spacious residences, resort services, and direct beach access near the Ritz-Carlton Key Biscayne.
A well-known beachfront community featuring multiple residential towers, private beach access, tennis courts, pools, and on-site conveniences.
Work with Echo Fine Properties
Whether you’re searching for a new construction opportunity or a luxury oceanfront residence, Echo Fine Properties can help you navigate the Key Biscayne market. Our team monitors upcoming developments, builder releases, pricing updates, and available inventory to help buyers make informed decisions.
Contact Echo Fine Properties to learn more about 301 Ocean Drive Homes for Sale, receive updates on project milestones, and explore luxury properties throughout Key Biscayne.
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