Surf Row Residences, the 24-residence boutique condominium rising along Collins Avenue in Surfside, Fla., has secured a $30.5 million construction loan, marking a significant milestone as the collection of residences advances toward vertical construction. The financing follows strong early sales velocity and sustained demand from both domestic and international buyers. Developed by LD&D and ONE Capital, the project broke ground in late 2025 and is slated for delivery in 2027. The loan was provided by Maxim Capital Group, representing the fourth construction loan the firm has closed with LD&D.
Since launching sales, Surf Row Residences has generated strong buyer interest from both domestic and international purchasers. The development’s boutique scale and thoughtful design have appealed to a wide range of buyers — including families, professionals and retirees — seeking refined coastal living in Surfside.
“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.”
Designed by Alfonso Jurado Architecture and Boris Pena Architects, Surf Row Residences was conceived as a sculptural expression inspired by Surfside’s coastal setting. The residences are designed to maximize natural light and outdoor living, with skylit interiors and expansive private terraces. The building features layered glass façades and integrated landscaping that complement the surrounding coastal environment, establishing a contemporary architectural presence along Collins Avenue.
“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.”
The project offers one- to three-bedroom residences starting at $1.4 million, with opportunities to combine select residences for expanded layouts. Certain residences further elevate the offering with plunge pools and summer kitchens. With more than 6,400 square feet of curated amenities — a rarity for a development of its size — Surf Row includes a rooftop pool deck with panoramic ocean views, a fire pit, Zen spa with sauna and cold plunge, a fitness studio, co-working spaces and beach butler service. Shared spaces will feature furnishings through a collaboration with RH, and turnkey residences will be available.
“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.”
Located at 8800 Collins Ave., Surf Row Residences is positioned at the center of Surfside’s ongoing revitalization, near iconic destinations such as The Surf Club and steps from the beach. As part of the project’s broader commitment to the neighborhood, the development team has also pledged $1 million toward improvements along 88th Street and nearby public spaces, helping enhance walkability and streetscape connectivity in Surfside’s town center. LD&D’s partner, IGEQ, also participates in the venture.
Diego Bonet, Daniel De La Vega & Alejandro Bonet
Renderings via Surf Row Residences
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Surf Row Residences, the 24-residence boutique condominium rising along Collins Avenue in Surfside, Fla., has secured a $30.5 million construction loan, marking a significant milestone as the collection of residences advances toward vertical construction. Developed by LD&D and ONE Capital, the project broke ground in late 2025 and is slated for delivery in 2027.