Surf Row Residences has secured a $30.5 million construction loan for its 24-residence boutique condominium development at 8800 Collins Avenue in Surfside. Developed by LD&D and ONE Capital, the project broke ground in late 2025 and is slated for completion in 2027. Maxim Capital Group provided the financing, marking the fourth construction loan the firm has closed with LD&D.
Designed by Alfonso Jurado Architecture and Boris Pena Architects, Surf Row Residences is planned as a low-scale residential building shaped by its coastal context. The architecture incorporates layered glass façades, integrated landscaping, skylit interiors, and expansive private terraces intended to maximize natural light and outdoor living. The development is rising along Collins Avenue near the center of Surfside, a short walk from the beach and close to landmarks such as The Surf Club.
“Securing construction financing represents an important step forward as we bring Surf Row’s vision to life,” said Diego Bonet, managing partner at LD&D. “This milestone reflects the project’s continued sales success and the market’s appetite for thoughtfully scaled, design-driven residences that prioritize quality over quantity while elevating the coastal living experience.”
The project will contain one- to three-bedroom residences starting at $1.4 million, with select units offering the ability to combine layouts for larger floor plans. Some homes will also include plunge pools and summer kitchens. Amenities will span more than 6,400 square feet and include a rooftop pool deck with ocean views, a fire pit, Zen spa with sauna and cold plunge, fitness studio, co-working spaces, and beach butler service. Shared amenity spaces will be furnished through a collaboration with RH, and turnkey residences will also be offered.
“Surf Row Residences stood out for its strong early sales momentum, prime Surfside location and highly differentiated boutique positioning,” said Jason Bordernick, Portfolio Manager & Partner at Maxim Capital Group. “We value our ongoing relationship with LD&D and were pleased to partner with the team once again on this project.”
According to the development team, buyer interest has come from both domestic and international purchasers since sales launched. The project’s limited unit count and amenity package have been positioned to appeal to a range of buyers, including families, professionals, and retirees seeking a smaller-scale residential offering in Surfside.
“With just 24 residences, Surf Row presents a compelling opportunity for buyers seeking exclusivity and architectural distinction in Surfside,” said Daniel de la Vega, President and CEO of ONE Sotheby’s International Realty, the project’s exclusive sales and marketing representative. “Securement of this construction loan further reinforces momentum and supports continued progress toward delivery.”
As part of the project’s broader neighborhood contribution, the development team has pledged $1 million toward improvements along 88th Street and nearby public spaces to support walkability and streetscape connectivity in Surfside’s town center. LD&D’s partner, IGEQ, is also part of the venture.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Be the first to comment on "Surf Row Residences Secures $30.5 Million Construction Loan In Surfside"