Private Sales Launch Fall 2026
Join the Priority Registration List
56 ultra-luxury oceanfront residences. Extremely limited availability. Registration takes under a minute and is complimentary and confidential.
Limited Phase 1 Availability
Phase 1 residences and line selection are offered to the priority list before public launch. Reservation deposits are expected to begin at roughly 10% at contract.
56
Total residences
Phase 1
Limited first allocation
Fall 2026
Private sales launch
~10%
Reservation deposit at contract
What Registrants Receive
Priority Access Before Public Launch
Registrants are contacted ahead of the general market when private sales open in Fall 2026.
First Access to Floor Plans & Pricing
Receive residence layouts, pricing, and availability the moment they are released.
Private Presentation Invitation
An invitation to a private project presentation with a dedicated luxury advisor.
Your privacy matters. Your information is never sold or shared, and is used solely to provide project updates and pricing when released.
Schedule a Private Tour
Name, email, and phone is all we need. An advisor will follow up personally to arrange your private presentation and send pricing as it is released.
Frequently Asked Questions
When will 301 Ocean Drive Key Biscayne launch sales?+
Private sales for the new Key Biscayne oceanfront development at 301 Ocean Drive are expected to launch Fall 2026. Register now for priority access before the public launch.
How many units will the new Key Biscayne condo have?+
The development will feature just 56 ultra-luxury residences, making it one of the most exclusive boutique condominium offerings in Miami-Dade County.
Who are the developers of the new Key Biscayne condo?+
The project is a joint venture between Terra Group, led by David Martin, and Fortune International Group, led by Edgardo Defortuna — two of South Florida's most acclaimed luxury developers.
What is the price of the new Key Biscayne condos?+
Estimated pricing starts at approximately $4 million for standard residences, with penthouses featuring private pools expected to reach $25 million or more. Official pricing will be released at the Fall 2026 sales launch.
Is Key Biscayne a good investment in 2026?+
Key Biscayne has seen no new oceanfront condo development in over a decade, creating significant pent-up demand. The $205 million land acquisition signals strong developer confidence in long-term value appreciation.
What is the deposit structure for 301 Ocean Drive?+
South Florida pre-construction typically begins with a reservation deposit of roughly 10% at contract, stepping to 20% at groundbreaking and 30–50% total through construction, with the balance due at closing. Official terms are released at the Fall 2026 launch.
When is the closing and delivery timeline?+
Private sales are expected to open in Fall 2026, with construction and closings anticipated for 2028–2029. Buyers close and take title at delivery, not at contract.
What are the estimated HOA fees at 301 Ocean Drive?+
New oceanfront Miami condominiums of this caliber typically carry monthly HOA fees in the range of $1.50–$2.50 per square foot, covering amenities, staffing, insurance, and reserves. Final budgets are published with the condominium documents.
Can residences be rented out?+
Boutique luxury buildings on Key Biscayne generally permit longer-term leasing with minimum lease periods and board approval, and prohibit short-term or nightly rentals. The recorded rental policy will be confirmed in the condominium documents at launch.
Can foreign buyers purchase at 301 Ocean Drive?+
Yes. There is no restriction on foreign ownership of U.S. real estate. International buyers may purchase personally, through a U.S. LLC, or through a foreign entity, in cash or with foreign-national financing typically at 50–65% loan-to-value.
What financing options are available for a pre-construction purchase?+
Construction-period deposits are paid in cash, so financing applies to the closing balance in 2028–2029. Domestic buyers typically use a private-bank jumbo or portfolio loan at roughly 60–75% loan-to-value, sometimes alongside a securities-backed line of credit for interim deposits. Foreign nationals use foreign-national mortgage programs that generally fund 50–65% of appraised value. Terms are quoted closer to delivery, so obtain an indicative term sheet before contract.