Development Watch: Oceana Key Biscayne

Oceana Key Biscayne, the first high-end development in Key Biscayne, Fla., in 13 years, is 90 percent sold.

Photo by: Oceana Key Biscayne “My philosophy, in real estate as well as in collecting art, is to buy the best. In all my projects, prime location, top services, innovative design and the latest technology are a must," said art collector and real estate developer Eduardo Costantini. "The buildings of Oceana Key Biscayne are almost 100 percent glass, reflecting the sky and the ocean." 

Key Biscayne is a lush tropical island located approximately seven miles from downtown Miami. Consultatio and Eduardo Costantini snapped up the last oceanfront site on the island for their new luxury condo building

Penthouse Listing at Oceana Key Biscayne

  • Located at: 350 Ocean Drive, Penthouse 2S
  • Listed By: Josette Wys & Andy Katz
  • Price: $17.5 million
View the Listing

Located at 350 Ocean Drive, Oceana Key Biscayne is the first U.S. project for Costantini, an Argentine art collector and real estate developer. Bernardo Fort-Brescia of Arquitectonica designed an all-glass, 14-story double tower that runs parallel to the beach for maximum ocean frontage. When completed in 2014, the condo development will be a gated community, including 500 feet of private beach. 

There are only 142 residences and 12 villas on the expansive 10.3-acre site, and there are three penthouses with private pools still available. Get ready to fork up some cash. Prices start at $17.5 million. 

The Yabu Pushelberg-designed lobby of soaring ceilings and distinctive art pieces will be staffed 24/7 by concierges. Indoor/outdoor resort-style amenities will feature a social lounge, a children’s playroom, a media room, a lap pool, a relaxation pool, and an expansive pool deck with cabanas, an adjacent restaurant and beach service. There will also be a putting green, a tennis court, a state-of-the-art fitness center with ocean views and spa services.

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