Pricing not yet released | Pre-construction
Terra and Fortune International Group | Key Biscayne
One&Only Residences Key Biscayne
A new development by Terra and Fortune International Group in Key Biscayne, Miami-Dade County. Residences, pricing, the deposit schedule and what the developer is offering right now, with me on your side from the first visit to the sales gallery.
Envision your life at One&Only Residences Key Biscayne
Planned oceanfront residences on the former Silver Sands site in Key Biscayne
You would live in Key Biscayne, on the oceanfront, on the former Silver Sands Beach Resort site at 301 Ocean Drive, which Terra and Fortune International Group bought in April 2025. Brokers are marketing the residences under the One&Only name, though the developers have not announced a brand, a residence count or a schedule yet. What is certain is the setting: the island's quiet beachfront, minutes from Crandon Park, with the Rickenbacker Causeway taking you back to Brickell. If this one is on your list, ask me and I will send you what is confirmed as soon as it is released, including the timing, the first floor plans and how reservations will work.
Ocean views
01 The building
About One&Only Residences Key Biscayne
01
The area
One&Only Residences Key Biscayne is in Key Biscayne, in Miami-Dade County. Coral Gables and Coconut Grove sit southwest of downtown Miami, the Gables about 7 miles from downtown and about 4 from Miami International Airport, with Coconut Grove just south of Brickell and Key Biscayne across the Rickenbacker Causeway.
02
The location
The address is 301 Ocean Dr, Key Biscayne, FL 33149. The site is directly on the ocean.
03
The residences
Terra and Fortune International Group is building new development residences, pricing not yet released.
04
The details
Planned residences on the former Silver Sands Beach Resort site, an oceanfront parcel Terra and Fortune International Group bought in April 2025. Marketed by brokers under the One&Only name, which the developers have not yet announced.
02 The incentives
What Terra and Fortune International Group is offering
Terra and Fortune International Group isn't publishing a specific offer for One&Only Residences Key Biscayne right now. Builders and developers often have room that never makes the website, and I ask for it.
Offers as shown on the developer's website on October 26, 2026. Offers change often, may require the preferred lender, and have conditions set by the developer. I confirm what applies before you sign anything.
03 The residences
Residences and pricing
Floor plans, the current price list and the deposit schedule are on request. Ask and I will send them along with what Terra and Fortune International Group is offering this month.
Starting prices are the developer's published pricing before floor and view premiums, and the developer may change prices and release new lines at any time. Source: public listings and reporting, checked October 26, 2026. Confirm current figures before you visit.
04 The payment
What's a comfortable monthly payment for you?
Start with the payment that feels right, or with a home price, and see the whole picture: principal and interest, property taxes, insurance, mortgage insurance and HOA dues. Then see how a builder's rate buydown changes the first years.
Rate starts at the Freddie Mac weekly average for a 30-year fixed loan, 7.32% (15-year: 6.68%), as of October 22, 2026. It's a reference point, not a quote. Change it to anything you like.
Taxes, insurance and HOA
Starting values: a property tax of 1.7% of the price, a planning figure from Miami-Dade's 2025 total millage of about 15.5 to 22.4 mills after the homestead exemption; Homestead and Florida City run near 21 (Miami-Dade Property Appraiser, tax year 2025). Home insurance of $4,200 a year, near Citizens' 2026 approved Miami-Dade average for a homeowners policy ($4,116) and adjusted for new construction built to the High-Velocity Hurricane Zone code. HOA and CDD of $250 a month, near the middle of published Miami-Dade new-community fees. Private mortgage insurance usually runs $30 to $70 a month per $100,000 borrowed (Freddie Mac), so 0.60% sits in the middle. FHA uses 0.55% a year plus a 1.75% upfront premium (HUD). Flood insurance is extra where a lender requires it.
Homes up to about
$0
How a builder buydown works
Lower payments in the first years
With a temporary buydown, the builder pays money up front so your rate starts lower and steps up to the full rate. A 2-1 buydown starts two points lower in year one and one point lower in year two. A 1-0 buydown is one point lower for the first year. Here's what it does on the loan above.
| Year | Rate | Principal and interest |
|---|
For illustration only. These are estimates from the numbers you enter, not a loan estimate, a quote, an advertisement of credit terms or an offer to lend. Your rate, APR and payment depend on your credit, loan program, down payment, lender fees and the property, and taxes, insurance, flood coverage, HOA dues and CDD assessments vary by home, building and county. The Wulf Collaboration and Compass are not lenders. Talk with a licensed lender before you decide.
Before you visit a model or a sales gallery
The builder's team works for the builder
The sales team in the model home or the sales gallery is great at what they do, and their job is to sell the builder's homes or the developer's residences. Having your own agent costs you nothing extra in most cases, and it puts someone on your side for the decisions that matter most.
Most builders and developers need your agent with you, or registered, at your first visit. If you walk in on your own first, it can be hard to bring an agent in later. A quick text to 954-495-0767 before you go is all it takes.
Register you at the first visit
I set up the appointment, come with you, and make sure you're on record as my client.
Compare communities, homesites and floors
Lake and preserve premiums, which way the home or residence faces, what's planned next door, HOA and CDD fees and what they cover.
Work the builder's offer
Closing cost help, design credits, rate buydowns and deposit terms. I know what each builder and developer is offering this month and what's worth asking for.
Review the purchase agreement
Builder and developer contracts are written by the seller. We go through deposits and escrow, timelines, the 15-day review on a new condominium, and what happens if dates move.
Inspect during construction
An independent inspector before drywall and again before closing, so problems get fixed while they're easy to fix.
Walk the punch list with you
The final walkthrough, then the warranty list before your first year is up.
One&Only Residences Key Biscayne
See it in person with me
I'll set up a visit to One&Only Residences Key Biscayne, send you current pricing and what Terra and Fortune International Group is offering, and make sure you're registered as my client from the first step.
Got it
I'll be in touch shortly with your hand-picked list.
One tip while you wait: if you visit a model home or a sales gallery before we talk, send me a quick text at 954-495-0767 first, so I'm registered with you.
Representative photo
Model home and sales gallery visits
See it in person, with me
Pick a community or a tower and a day. I'll set up the visit, meet you there and make sure you're registered as my client from the first step through the door.
