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Two of Miami's biggest developers buy Key Biscayne resort with plans to build a condominium

Terra and Fortune International acquire Silver Sands Beach Resort for $205 million
Terra and Fortune International Group are planning a new branded condominium in Key Biscayne after acquiring the site for $205 million — the island's largest land deal. (Terra)
Terra and Fortune International Group are planning a new branded condominium in Key Biscayne after acquiring the site for $205 million — the island's largest land deal. (Terra)
CoStar News
April 11, 2025 | 6:28 P.M.

A pair of Miami’s biggest developers — Terra Group and Fortune International Group — have teamed up to buy Key Biscayne’s Silver Sands Beach Resort with the aim of redeveloping the property into a high-end condominium.

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