The Surf Row Residences in Surfside has locked in a $30.5 million construction loan, giving the boutique condo project the cash it needs to shift from digging in the dirt to building into the skyline. The low-rise development, one block off the Atlantic on Collins Avenue, had already started foundation work late last year, and this fresh money adds momentum to a pocket of Surfside that has quickly become a magnet for high-end builds.
According to the South Florida Business Journal, the loan was arranged for a partnership led by Miami-based LD&D along with One Capital and IGEQ. The outlet pegs the financing at $30.5 million and notes that it will fuel ongoing construction activity at the Collins Avenue site.
Local paperwork backs up the project’s timeline. Town records show Surf Row won Town Commission approval in May 2025, and a formal groundbreaking was logged on Nov. 12, 2025, per the Town of Surfside. Those municipal reports also spell out developer commitments and a projected taxable value tied to the compact development.
Boutique Size, Trophy-Level Finish
Developers are pitching Surf Row as an intimate, high-end enclave at 8800 Collins Avenue. Industry coverage describes a roughly two dozen unit collection, with one to three bedroom layouts and prices starting in the low millions. Traded reports that Maxim Capital Group is leading the financing and highlights amenity plans that include a rooftop pool, spa, and fitness areas.
What the Money Really Says
The loan is a signal that lenders are still willing to back well located, smaller scale condo projects when developers can point to strong design credentials or early buyer buzz. Local coverage, including reporting on London buyers storming Surfside's condo market, has flagged growing international appetite for boutique beachfront properties in the town. That kind of demand helps explain why financing is still flowing here even as credit conditions tighten in other corners of the market.
Next Up: Going Vertical
With construction financing secured, the development team can push into above ground work and move past the slow, invisible foundation phase. Industry reporting has pointed to a 2027 completion target for Surf Row. In the meantime, neighbors and would be buyers are likely to keep a close eye on the site as Surfside tries to thread the needle between new luxury development and its long standing small town, oceanfront vibe.
