Luxury Real Estate Projects Soar in Surfside, with Prices Starting at $1.4 Million

November 8, 2024

Developers have officially begun selling units for Surf Row Residences, an upcoming high-end residential project in Surfside, just north of Miami Beach. South Florida-based real estate firms LD&D, One Capital, and IGEQ announced on October 31 that sales are underway for the 25-unit development located at 8800 Collins Avenue, with starting prices of $1.4 million.

Surf Row Residences, designed by Alfonso Jurado Architecture and Boris Pena Architects, will feature 894 to 2,004 square feet. Residences will include spa-like bathrooms with free-standing bathtubs and rainfall showers and kitchens fitted with Miele appliances and built-in wine fridges. Select units will offer private rooftops that can be upgraded with plunge pools and summer kitchens. Buyers will also have the option to customize with wood and stone finishes or add Restoration Hardware furnishings.

Residents will enjoy a suite of luxury amenities, including a Zen spa with a steam room and cold plunge, a fitness center, a pool deck, co-working spaces, a 24-hour concierge, and a beach butler service. The development occupies a 29,413-square-foot lot near Veterans Park & Tennis Center, just a block from the beach. The land was purchased in August 2021 for $7.3 million after the previous owner cleared the site.

Surf Row Residences will join a wave of luxury projects transforming Surfside’s small, upscale community. Directly across the street, Damac Properties, a UAE-based company led by billionaire Hussain Sajwani, is planning a pair of 12-story towers designed by Zaha Hadid Architects at 8777 Collins Avenue. These towers, which will feature 57 residences from 4,000 to 15,000 square feet, are being built on the former Champlain Towers South site, which Damac acquired 2022 for $120 million.

Further adding to Surfside’s allure, Brazilian billionaire Jose Isaac Peres has plans for a luxury development called Ocean House at 9303-9317 Collins Avenue, where residences will start at $5 million. Peres purchased the Regent Palace Condominium site for $64 million, intending to replace the 1951-era building with a new 12-story complex.

Meanwhile, Kushner Companies, led by Jared Kushner, recently acquired a 2.23-acre site at 9300 Collins Avenue for $40 million in September 2023. Plans are also in place for another luxury residential development just west of the beach.

The growing number of high-end projects highlights Surfside’s emergence as one of South Florida’s most desirable—and exclusive—real estate markets.

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