As of September 2026, no residences at 301 Ocean Drive Key Biscayne are publicly for sale. The project is pre-launch, with private sales expected to open in Fall 2026 across 56 planned residences. Inventory is allocated to registered buyers first, so priority registration — not a public listing — is the mechanism for early access.
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Buyers searching for 301 Ocean Drive availability usually expect a live inventory list. In ultra-luxury pre-construction there is no such list before launch, and that is not evasiveness — it is how the process works. This page explains exactly where the project stands, how inventory is actually allocated in a 56-residence oceanfront building, and what you should be doing during the pre-launch window.
Current Status: Pre-Launch
301 Ocean Drive is a Terra Group and Fortune International Group development on the 3.8-acre former Sonesta Beach Resort site at 301 Ocean Drive, Key Biscayne. Private sales are expected in Fall 2026. Until the developer opens its private release, there is no public inventory, no published price list, and no MLS presence — because pre-construction residences are not resale listings.
Any site claiming live unit-by-unit availability for this project today is publishing speculation. The verifiable facts are the site, the developers, the 56-residence program, and the expected launch window.
How Inventory Is Actually Released
Developers rarely release an entire building at once. A first tranche opens to the registered list, often at the most attractive pricing in the cycle, and subsequent tranches follow as absorption builds. Later tranches typically carry adjusted pricing and, more importantly, a narrower set of remaining stacks.
In a 56-residence building this compounds quickly. There are only a handful of penthouses, only a few true corner residences, and only one top floor. Selection risk, not price risk, is what most buyers underestimate in boutique oceanfront launches.
From Registration to Contract
The sequence is consistent across Miami ultra-luxury launches: register, receive the price list and plan book, attend a private presentation, submit residence preferences, sign a reservation agreement, then convert to a purchase agreement with the initial deposit — typically around 10% in this segment — followed by scheduled construction installments.
Our deposit structure and contract process guide walks through each step in detail, including what to have your attorney review before signing.
Why Representation Matters at Allocation
At allocation, on-site sales staff represent the developer. An independent buyer's advocate reviews stacks against your actual use case, flags plan compromises the brochure omits, models carrying costs, and negotiates within whatever latitude exists on terms and finishes.
That representation costs the buyer nothing in a typical developer commission structure, which is why arriving at launch already represented is standard practice among experienced pre-construction buyers.
What to Do During the Pre-Launch Window
Define your target size range and budget band now. Decide whether elevation or terrace geometry matters more to you. Confirm your financing or cash position and, if you are buying from abroad, resolve entity structure and FIRPTA planning before contract rather than during it.
Then register. Priority registration is free and non-binding, and it is the only way to be in the room when 56 residences are allocated.
Launch sequence and buyer actions
| Stage | Status | Buyer action |
|---|---|---|
| Pre-launch | Current stage | Register for priority access |
| Price list & plan release | Expected ahead of launch | Review stacks and shortlist residences |
| Private sales launch | Expected Fall 2026 | Reserve preferred residence |
| Purchase agreement | Follows reservation | Initial deposit, typically ≈10% |
| Construction & delivery | Multi-year | Scheduled deposit installments |
Priority Buyer Access
Register for Priority Access to 301 Ocean Drive
Join the private buyer list for early pricing, floor plans, and presentation invitations before public sales begin.
Register for Priority AccessFrequently Asked Questions
Are residences at 301 Ocean Drive available now?
No residences are publicly for sale yet. The project is pre-launch, with private sales expected to begin in Fall 2026. Availability is allocated first to registered buyers when the developer opens its private release.
How many residences will be available at launch?
The building is planned for 56 residences in total. Developers typically release a portion of inventory in a first tranche rather than the entire building, so the number available on day one is normally smaller than 56.
Can I reserve a specific residence before launch?
Formal reservations require the developer's reservation agreement, which is issued at launch. Before that, the meaningful step is priority registration, which establishes your position and preferences ahead of allocation.
What happens between registration and contract?
Registered buyers typically receive the price list and plan book, hold a private presentation, submit residence preferences, sign a reservation, and then convert to a purchase agreement with the initial deposit.
When is the building expected to be completed?
Completion follows sales launch by several years in this segment. Delivery timing is stated in the developer's purchase agreement, and prospective buyers should rely on that document rather than pre-launch estimates.