LD&D, ONE Capital Land $30.5M Loan for Surf Row Residences in Surfside

• LD&D and ONE Capital secure $30.5M construction loan for Surf Row Residences
• Boutique project includes 24 luxury units starting at $1.4M
• Financing led by Maxim Capital Group following strong early sales

What the construction loan means for project momentum

LD&D and ONE Capital have secured a $30.5 million construction loan for Surf Row Residences, pushing the boutique condo project further into vertical construction. The financing, provided by Maxim Capital Group, comes after strong early sales and continued demand from both domestic and international buyers. This marks a key milestone for the project, which broke ground in late 2025 and is targeting completion in 2027. The deal also reflects lender confidence in smaller, design-driven developments that show early traction.

What the boutique scale means for buyer demand

Surf Row Residences will feature just 24 units, positioning it as a highly exclusive product in a competitive South Florida condo market. Residences range from one to three bedrooms, with pricing starting at $1.4 million and select units offering plunge pools and large terraces. This smaller scale appeals to buyers seeking privacy and design quality over density. In markets like Surfside, that positioning continues to attract end-users and lifestyle buyers, rather than purely investors.

What the design and amenities mean for pricing power

The project is designed by Alfonso Jurado Architecture and Boris Pena Architects, with a focus on natural light, outdoor living, and a coastal aesthetic. Features like layered glass façades and integrated landscaping help differentiate the building along Collins Avenue. Amenities total more than 6,400 square feet, including a rooftop pool, spa with sauna and cold plunge, fitness studio, and co-working spaces. These offerings, combined with partnerships for furnished interiors, support premium pricing and strong absorption.

What this means for Surfside development trends

Surf Row is located at 8800 Collins Avenue, near the Surf Club and within a pocket of Surfside that continues to see redevelopment and investment. The project also includes a $1 million contribution to local infrastructure improvements, enhancing walkability and public spaces. Developments like this highlight how Surfside is evolving into a boutique luxury alternative to larger Miami Beach projects, with a focus on smaller buildings and high-end finishes.

What this signals for South Florida condo financing

The loan underscores continued lender appetite for well-positioned condo projects, especially those with early sales momentum and experienced sponsors. Firms like Maxim Capital Group are actively deploying capital into projects that combine strong location, limited supply, and differentiated design. For developers and investors, this shows that financing is still available for the right deals, particularly in South Florida’s resilient luxury residential market.