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New Construction in Key Biscayne
Silver Sands Residences is a verified new condominium project located at 301 Ocean Drive in Key Biscayne. Developed by Terra Group and Fortune International with architecture by Touzet Studio, the 13- to 14-story oceanfront building will include 56 ultra-luxury residences. Demolition of the former Silver Sands Beach Resort on the site is underway, with construction expected to begin in late 2026 and estimated completion in 2028-2029. This marks the first newly built residential development on the island in over a decade. Individual new construction single-family homes and infill properties are also listed for sale through local real estate channels, reflecting ongoing residential building activity consistent with the village's permitting processes, though no additional large-scale named projects were identified in current records.