Check Out This Key Biscayne Home Which Just Sold For A Record $31.75 Million on Harbor Drive

A waterfront estate on Key Biscayne’s prestigious Harbor Drive has shattered local real estate records with a $31.75 million sale, marking the highest-priced transaction ever on the street. The property, located at 330 Harbor Drive, offers 120 feet of direct Biscayne Bay frontage and was designed by acclaimed architect Ramon Alonso of Miami-based studio Radyca.

Spanning 7,128 square feet, the six-bedroom, seven-and-a-half-bathroom residence combines modern architecture with resort-style living. Notable features include expansive balconies, wide water views, a rooftop pickleball court overlooking the bay, and an entire entertainment floor with a gym, spa, sauna, and home theater. The home also boasts a double-level pool, private dock, and panoramic views of Miami’s skyline and sunsets over the open bay.

Per public record, the sellers, investment banker Daniel Canel and Silvia Estela, were represented by Jorge Uribe of ONE Sotheby’s International Realty. The buyer, whose identity has not been disclosed, was represented by Brigitte De Langeron of DLS International Realty. Built with resilience in mind, the home sits at an elevation of 16 feet, supported by a nine-foot seawall and concrete roof, offering added protection against hurricanes — a rare combination of luxury and functionality in one of Miami’s most exclusive residential enclaves.

Images via Become Legendary / ONE Sotheby’s International Realty

The Ritz-Carlton Key Biscayne Launches $100 Million Full-Scale Renovation of Iconic Beachfront Resort

Poised between the cosmopolitan grace of Miami and the natural beauty of the Atlantic, The Ritz-Carlton Key Biscayne, Miami, is embarking on a new chapter. Nearly 25 years since Gencom co-developed the asset, the iconic resort has begun a transformational improvement plan totaling over $100 million, ushering in a new era of coastal luxury. Following completion of the planned improvements, the property is slated to reopen its doors in December 2025.

Located at 455 Grand Bay Drive, the 275,000-square-foot resort spans 17 acres on the barrier island of Key Biscayne. Rising 13 stories above the shoreline, the 420-key hotel features 600 feet of pristine beach access. Since its debut in 2001, the resort has become a premier destination in Miami’s luxury hospitality landscape. The upcoming transformation marks the first comprehensive renovation of this iconic property since its inception.

Spearheaded by design architect Hart Howerton, with public spaces envisioned by Design Agency and guestrooms redesigned by Chapi Chapo Design, the renovation’s vision is deeply rooted in the resort’s island identity while elevating its refined sense of place. Each space will harmonize with the surrounding coastal landscape, incorporating soft natural tones, lush greenery, and textures that evoke the sand and seas.

“With this transformative renovation, we are honoring the property’s legacy and doubling down on our 25-year commitment to the Key Biscayne community,” said Karim Alibhai, Founder and Principal of Gencom. “These enhancements will allow the property to remain competitive in the region’s increasingly sophisticated hospitality landscape, while further elevating Key Biscayne as a premier destination.”

As a visual cue for what is to come, the resort's exterior will be introduced with a fresh, modern color palette that will reflect the surrounding sand and sea. Inside, the lobby will undergo a complete transformation, anchored by a new East-facing glass façade that will seamlessly merge the exterior’s coastal landscape with layered natural textures and warm interior tones. The newly redesigned arrival experience will embrace the island’s tropical elegance, evoking a sense of calm and wonder.

The Spa at The Ritz-Carlton Key Biscayne, Miami, will also undergo a complete redesign to reflect the serenity of its surroundings. Drawing inspiration from the island’s native elements, mangroves, limestone, and the ocean, it will reemerge as a sanctuary for rejuvenation and renewal.

The culinary experience will also evolve with the introduction of a completely refreshed signature restaurant, offering guests and locals bold flavors and locally inspired ingredients. In addition to the new dining offering, The Ritz-Carlton Key Biscayne, Miami will continue to welcome guests to its six long-standing dining venues, including RUMBAR, Cantina Beach, Dune, Scoop, Stefano’s, and Key Pantry. Each space will be refreshed to enhance the overall experience, ensuring continuity and charm that aesthetically aligns with the resort’s broader transformation.

Beyond the culinary experience, enhancements will extend across the property’s impressive suite of amenities. Guests will enjoy an upgraded experience across the swimming pools, fitness center, The Club Lounge, and the Cliff Drysdale Tennis Center, the largest tennis facilities of any Ritz-Carlton resort. The hotel also boasts 37,000 square feet of indoor and outdoor meeting and event space, making it a favorite among leisure travelers and business groups alike.

“The transformation represents a remarkable investment in the property’s future that will create an elevated hospitality experience for new and returning guests,” said Alessandro Colantonio, Executive Vice President and Chief Investment Officer at Gencom. “With this latest capital investment, we remain committed to ensuring that this iconic resort continues to set the standard for luxury in Miami.”

The property is a cornerstone of Gencom’s prestigious portfolio of branded properties, which includes The Ritz-Carlton Bachelor Gulch, The Ritz-Carlton New Orleans, The Ritz-Carlton Philadelphia, The St. Regis Chicago, and Nekajui, a Ritz-Carlton Reserve.

Today, Gencom’s portfolio spans nearly $8 billion in assets under management and under development and includes 23 owned assets with more than 6,000 hotel rooms around the world. Through its operating affiliates Pyramid Global Hospitality and Convene, Gencom oversees over 200 properties and more than 2 million square feet of premium meeting, event, and flexible office space.

Exterior Renderings via Hart Howerton | Interior Renderings via Design Agency

Terra and Fortune Acquire Silver Sands Beach Resort in Key Biscayne For $205 Million, Plan Ultra-Luxury Boutique Oceanfront Condo

Terra and Fortune International Group, two of South Florida’s most active luxury residential development firms, have formed a partnership to acquire the former Silver Sands Beach Resort property in Key Biscayne, Florida for $205 million. Situated at 301 Ocean Drive, plans for the oceanfront property include the development of a 56-residence ultra-luxury boutique branded condominium, which is set to become the most climate-resilient property in Key Biscayne. Beloved for its safe, walkable streets and intellectually rich, culturally vibrant atmosphere, the Village of Key Biscayne offers a rare sense of community that distinguishes it from the rest of Miami. Construction is estimated to begin in late 2026.

Nestled between Biscayne Bay and the Atlantic Ocean, Key Biscayne has long stood apart as one of South Florida’s most coveted island communities. Once a coconut plantation and later the site of Miami’s first resort hotel, the island evolved into a tranquil residential enclave known for its lush landscapes, rich history, and tight-knit community. With its mix of world-class beaches, protected natural areas, and family-friendly charm, Key Biscayne offers a uniquely balanced lifestyle – just minutes from the energy of Miami, yet worlds away in its peaceful, resort-like setting.

“Our vision for this special property is not only to create a space that complements the beauty and heritage of Key Biscayne, but to also make a lasting, positive impact on the community for generations to come,” said David Martin, CEO of Terra. “By incorporating sustainable design elements and investing in resiliency and infrastructure improvements in the Village, we are committed to enhancing the quality of life for residents and preserving the natural beauty of the island.”

“As a long-time resident of Key Biscayne, I have a deep appreciation for the island’s one-of-a-kind character and the high standards its residents expect and deserve,” said Edgardo Defortuna, CEO and Founder of Fortune International Group. “I know this community inside and out – its rhythms, its beauty, and its people – and I am passionate about ensuring that what we build reflects and respects that legacy. Our goal is to create a place that not only enhances the Village aesthetically but also adds meaningful value to the daily lives of those who call Key Biscayne home.”

Terra and Fortune plan to introduce a new luxury boutique condominium to the island featuring spacious residences with panoramic ocean views. The development will offer a range of amenities, including a fine dining restaurant, two resort-style pools, social areas, and a fitness center and spa.

Designed by Touzet Studio, alongside landscape architect Raymond Jungles, the development will incorporate a number of resiliency and sustainable elements including rain gardens, bioswales, drainage wells, and a cistern, all of which work together to maximize water retention and prevent runoff into neighboring properties.

Inspired by the iconic Stiltsville, a group of long-standing wood stilt houses built in the early 1930s situated on the edge of Biscayne Bay, and the rich architectural heritage of Key Biscayne, the development will feature a tropical modern design that appears to float above a lush landscape of native trees and climate-appropriate vegetation.

In addition to the environmental initiatives, the development team is investing in the community through improvements to local drainage infrastructure and contributions towards upgrades in traffic circulation. As part of the Village's Land Acquisition Trust, funds will also be allocated towards improvements in community parks. Furthermore, the development’s economic impact will be substantial, with the project expected to lead to a significant increase in property tax contributions, substantially benefiting the Village’s financial outlook.

Terra’s portfolio of newly completed condo developments across South Florida includes the recently delivered Five Park Miami Beach and Mr. C Residences Coconut Grove. The firm is currently developing Villa Miami in Edgewater, Jean-Georges Miami Tropic Residences in Midtown Miami/Design District, The WELL Coconut Grove and The WELL Bay Harbor Islands, and Mr. C Hotel & Residences West Palm Beach.

Fortune’s portfolio of recently completed condo development across South Florida includes The Ritz-Carlton Residences and Jade Signature in Sunny Isles Beach, and the Auberge Beach Residences & Spa in Fort Lauderdale. The firm is currently developing The Ritz-Carlton Residences Pompano Beach, St. Regis Residences in Sunny Isles Beach, Faena Residences Miami, ORA by Casa Tua in Brickell, and Nexo Residences in North Miami.

Key Biscayne Non-Waterfront Home on Mashta Island Sells For $7.3 Million Setting Record Price Per Square Foot

A non-waterfront home on Key Biscayne’s exclusive Mashta Island has sold for $7.3 million, setting an all-time record price-per-square-foot of $1,728 PSF as well as a land value record. Located at 730 N Mashta Drive, the recently listed home was sold in just 4 months by agent Joan Bruggink with ONE Sotheby’s International Realty in as a result of a connection made on Instagram. Her innovative marketing strategies, strong work ethic, and extensive international network acquired through extensive travel played a pivotal role in the rapid and successful closing of the sale.

The 6-bed, 6.5-bath modern masterpiece spans 4,225-square feet on a 10,000-square foot lot. The open floor plan and soaring 21’ ceilings fill every corner with light. Grand living is enhanced by telescopic sliding doors, creating a seamless flow with the outdoor area. A formal dining room is separated by a 288-bottle glass wine vault. Gourmet kitchen with gas stove, Miele and Bosch appliances, wine cellar, porcelain and quartz countertops, and kitchen bar. The home also features additional office, laundry room, storage and a 2-car carport garage. Outdoors, the residence features breathtaking sunsets from the rare 3rd floor rooftop terrace. The backyard features a lush garden, with heated pool, jacuzzi, and a charming BBQ gazebo.

Joan Bruggink of ONE Sotheby’s International Realty has her finger on the pulse of the South Florida real estate market from Key Biscayne to Southwest Ranches. A native of the Netherlands, where she first began her real estate career, Joan split her time working for a Dutch developer in South America and her home country. Eventually, she moved to Miami in 2012 to elevate her career and fully immersed in the dynamic South Florida luxury real estate market, focusing on a diverse range of properties, including off-market listings, new construction projects, investment condos, and single-family homes. Joan has already closed over $10 million in sales this year and is determined to make this her best year yet! In addition to being an agent, she provides full white glove service to her clients and is an advocate for sustainable luxury home and living.

Joan can be contact at 786-332-1718 or by email at jbruggink@onesothebysrealty.com.

Images via Jose Lopez

ALTARA Properties Oversees Leasing Of Key Biscayne’s “Miami Vice” Estate On Mashta Island For $100,000 Per Month

ALTARA Properties has successfully overseen the leasing of 400 S Mashta Drive on Key Biscayne which was featured in “Miami Vice” for $100,000 per month. The transaction was brokered by Scott Lawrence Porter of ALTARA Properties and Nile Lundgren of SERHANT who represented the tenant and by Brigitte De Langeron of Fortune International Realty Key Biscayne Inc. who represented the landlord.

The ultra-luxe 400 S Mashta Drive is one of the most desirable estates in Miami. The estate offers total privacy, located on a gated, secluded cul-de-sac on the prestigious Mashta Island. 400 S Mashta Drive was featured in the last remake of "Miami Vice" in the iconic scene by the pool with mega star Gong Li. The 36,355 SF private peninsula which is surrounded by Biscayne Bay and Smugglers Cove. The property features 480 linear feet on the water and a 70' concrete dock which can accommodate a yacht up to 120'. The 5 bedroom, 6.5 bathroom home features high ceilings, floor-to-ceiling impact glass offering stunning water views and unbelievable sunsets. The home also features a home theater, office, 2nd floor master suite, waterfront summer kitchen and garage for 4 cars.

Master Brokers Forum Listing: Check Out An Ultra-Luxe Oceanfront Condo At Oceana Key Biscayne Asking $11 Million

Master Brokers Forum: Master Brokers Forum board member Joelle Oiknine presents this ultra-luxe oceanfront condo in Oceana Key Biscayne. The residence features direct ocean and bay views from this oversized southeast corner residence with 3,791 SF of interior space and 2,070 SF of wraparound terrace. The sunlit condo offers direct ocean views and has been custom designed with finishes from all over the world.

The modern residence features Crestron system controls lighting, music and shades. Snaidero and quartz kitchen, marble bathrooms with upgraded cabinetry. Floors are European white oak, Marble “Vena Grigio Honed” and Mosa black honed Mosaic Stone. All doors, door trims and hinges are customer designed. Furniture and interiors designed by Santiago Bernal Design.

Oceana Key Biscayne is the newest and most luxurious full service oceanfront condo building on Key Biscayne. Amenities include a private beach, pools, state-of-the-art gym and spa, concierge and valet. The unit also includes 4 parking spots and a spot for golf cart.

Oceana Key Biscayne 360 Ocean Dr #601S, Key Biscayne is currently listed for $11,000,000 with Joelle Oiknine and Jorge Uribe of ONE Sotheby’s International Realty, who can be reached at (305) 491-1885 or joelle@joellerealtor.com.

You can also visit Joelle at www.joellerealtor.com.

Images via Joelle Oiknine at ONE Sotheby’s International Realty

This article was produced in partnership of Joelle Oiknine at ONE Sotheby’s International Realty

Tracking COVID-19 By The Numbers: Breaking News In South Florida

(Last Updated 6:14 AM 3/27/2020):

BREAKING: 

• City of Miami officials have announced a curfew for its residents that will begin Friday night. According to officials, all residents must be indoors from 10 p.m. until 5 a.m. (3/27/2020)

• Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. (3/21/2020)

• Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business 9 PM Thursday. (3/20/2020)

• All U.S. Citizens traveling around the world should return home ASAP or be prepared to stay abroad for an indefinite period. (3/19/2020)

Continue to check back for updates to below as we continue to track COVID-19 across South Florida:  

Stats:

• Number of Cases in Florida: 830+ (3/23/2020)

• Fatalities in Florida: 13+ (3/23/2020)

• Number of Global Cases: 351,000+ (3/23/2020)

• Global Fatalities: 15,321+ (3/23/2020)

• Number of U.S. Cases: 35,075+ (3/23/2020)

• Fatalities in the U.S.: 458+ (3/23/2020)

Miami-Dade County:

• Miami-Dade County # Cases: 2900+ (3/27/2020)

• BREAKING: Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. (3/21/2020)

• BREAKING: Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business (3/20/2020)

• CONFIRMED CASES IN BRISTOL TOWER BRICKELL & SOHO BEACH HOUSE (3/19/2020)

• Officials have ordered the closure of all restaurants, bars, movie theaters, concert houses, auditoriums, playhouses, clubs, gyms, arcades, bowling alleys, etc. which will go into effect 11 PM Tuesday. All grocery stores, pharmacies, take-out and delivery services will remain open at this time (3/17/2020)

  • All bars and nightclubs will be closed for 30 days.

  • Restaurants will only be able to operate at half capacity.

  • Exceptions granted if they have a capacity of 10 people or less.

  • Mayor Carlos Jimenez signed the emergency order, but remains in self-quarantine after being exposed to a Brazilian government official who tested positive following a visit to South Florida.

• Miami-Dade Public Schools are now closed through at least April 15. (3/19/2020)

  • Miami-Dade Public Schools have closed this week and next. (3/16/2020)

• Key Biscayne and North Miami Beach have implemented curfew between 10 PM and 5 AM (3/19/2020)

• Officials have closed the beach from 5th to 15th Street, including Lummus Park.

• All city parking garages are closed to non-residents.

• In addition, all non-essential retail stores will be required to close at 10 p.m. daily. (3/16/2020)

  • Businesses excluded from this directive include: Pharmacies, grocery stores, convenience stores, private offices, banks, hotels, hospitals, medical service providers, medical supply stores, hardware stores, gasoline service stations and automotive supply and repair centers.

• An entertainment district curfew will go into effect at 11 p.m.

• All restaurants are asked to keep occupancy at 50% or less, and have under 250 people in each establishment at any given time.

• Ultra Music Festival has been cancelled.

• Miami Music Week has been cancelled.

• ArtScape Concert has been cancelled.

• The Miami Open Tennis Tournament has been cancelled. 

• University of Miami & FIU have moved classes online until the end of the spring semester. (3/20/2020)

• University of Miami Spring Commencement postponed until December. (3/20/2020)

• The Hardrock Seminole Hotel & Casino has suspended entertainment operations. 

• Calle Ocho Festival has been cancelled.

• Mayor Francis Suarez has confirmed that he has COVID-19.

Broward County:

• Broward County # Cases: 180+ (3/23/2020)

• Broward County Public Schools are now closed through at least April 15. (3/19/2020)

• Officials have closed the beach from Harbor Beach to Oakland Park Boulevard.

• Restaurants and bars must close by 10 p.m.

• Restaurants and bars are asked to operate at 50% capacity and have no more than 250 people at any time.

• The Tortuga Music Festival, which was set to run from April 17-19, has been postponed.

• The Wharf Fort Lauderdale is closed until further notice.

• The listed measures will remain in effect until April 12.

Palm Beach County:

• Palm Beach County # Cases: 59+ (3/23/2020)

• Town of Palm Beach implements curfew until further notice from 9 P.M. - 6 A.M. (3/18/2020)

• Palm Beach County Public Schools are now closed through at least April 15. (3/19/2020)

• Beaches will be closed on Tuesday 3/17/2020

• Nursing Homes and Assisted Living Facilities are closed to visitors.

• Drive-through testing underway at FoundCare (2330 S. Congress Ave, West Palm Beach - call 561-967-0365 to see if you qualify and for appointments)

National:

• BREAKING: The Federal Government has passed a $2.2 trillion stimulus package.

• United States of America # Cases: 35,075+ (3/23/2020)

• United States of America Fatalities: 458+ (3/23/2020)

• Income tax filing deadline moved to July 15 (3/20/2020)

• Foreclosures and HUD evictions have been halted for 60 days.

• CDC recommends ban on gatherings of 10+ people. 

• The Players Championship was cancelled & PGA Tour is suspended.

• NBA, NHL, MLB and MLS have suspended their seasons. 

• All ski resorts have closed.

Step Inside An Exquisite Mansion In The Sky Penthouse Which Just Hit The Market In Key Biscayne's Grand Bay

This mega-condo, essentially a waterfront mansion in the sky at the luxurious Grand Bay community of Key Biscayne. The meticulously finished residence offers 5 bedrooms and 4 bathrooms with 1 powder room, all spread over 5,634 SF; along with a 245 SF studio located downstairs included in the package.

The residences features private elevator access, a double size living room with tons of wall space for even the most discerning art collector, a rustic library and a Hector-Hector chef's kitchen with center island and breakfast bar along with 3 different ovens and a wine fridge. The residence also the perfect place to entertain with an 8 person formal dining room, an 8 person movie theater, smart home system and a 1,100 bottle wine cellar. The lavish master suite features a large walk-in closet and a spa-like master bath with soak-in-tub. The buyer will also get 2 parking space and complimentary valet parking for guests. Amenities at Grand Bay include concierge, pool club, gym, club room, and a tennis center.

445 Grand Bay Drive #1201 is currently listed for $5,850,000 with Ana Guillen of Compass. Ana can be reached at ana.guillen@compass.com, 305-775-0644 or the listings website: www.1201atgrandbay.com.

Enjoy the photo and video tours below:

| In Partnership with Ana Guillen @ Compass | 

EWM's Riley Smith and Maria Loughlin Close Record Sale At Oceana Key Biscayne

Last week EWM Realty International’s Riley Smith and Maria Loughlin of The Riley Smith Group announced the record breaking sale of Oceana Key Biscayne NO. 1101S for $7,350,000, the most expensive condo residence sold on Key Biscayne since 2015 (November 17, 2017). The unit spans 4,080 SF spread over 4 bedrooms, 7 full bathrooms and 1 half-bath. The residence also features 4 2,000 SF of wraparound terraces featuring breathtaking vies of the Atlantic Ocean, Biscayne Bay, Key Biscayne and the Miami skyline. Oceana Key Biscayne is located at 360 Ocean Drive and full-service amenities include 500' of beachfront, restaurant, full-service spa, 2 pools, tennis courts, valet, concierge and a putting green. Riley Smith and Maria Loughlin represented the buyer, while the seller was represented by Monica Defortuna of Fortune International Realty.

“Luxury buyers are out there, waiting on the sidelines, and they appreciate what Miami -- and Key Biscayne, in particular -- have to offer,” said Loughlin. “There’s a great deal of pent-up demand in this market.  High-end buyers are looking for lucrative value as much as they are top-of-the-line features.”

Featured Listing: Check-Out the Oceanfront Condo In Oceana Key Biscayne That Will Accept Bitcoin

An oceanfront residence at Oceana Key Biscayne is making waves after hitting the market for $5.95 million after the list agent announced that the seller is willing to accept Bitcoin. The list price equates out to roughly 934 bitcoins. Unit 702S is a 4 bedroom, 5.5 bathroom unit spread over 3,603 SF. The unit also features private elevator entry, marble floors, 10' ceilings, staff quarters, a chef's kitchen, Quartz countertops and a 1,000 SF terrace overlooking the Atlantic Ocean. Bitcoin is a worldwide cryptocurrency and digital payment system that relies on blockchain, which is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way." Bitcoin was released as an open-source software in 2009. 350 Ocean Dr, Key Biscayne, Unit 702S is currently listed for $5.95 with Michael Light of Douglas Elliman.