New Wave Loans Provides $14.4 Million Land Loan for Oceanfront Redevelopment Site in Golden Beach
MIAMI, FL, UNITED STATES, August 6, 2026 /EINPresswire.com/ -- New Wave Loans has provided a $14.4 million land loan to
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MIAMI, FL, UNITED STATES, August 6, 2026 /EINPresswire.com/ — New Wave Loans has provided a $14.4 million land loan to private developer David Rodriguez, secured by a 0.64-acre oceanfront redevelopment parcel at 625 Ocean Boulevard in Golden Beach, Florida.
The site carries 100 linear feet of direct Atlantic Ocean frontage with private beach access and clear, unbroken water views across the full width of the parcel. The land traded at a purchase price of $24 million, or roughly $860 per square foot. The borrower acquired the property for future vertical development and intends to build a single ultra-luxury spec residence on the site.
This land loan reflects New Wave Loans’ focus on delivering flexible, rapidly deployed capital for land and pre-development assets in South Florida.
About New Wave Loans
New Wave Loans is a private lending firm offering fast, flexible financing solutions for real-estate acquisitions, refinancing, construction, and repositioning projects. The firm specializes in Florida construction, bridge, and land lending, with customized structures and rapid closings for Miami and Florida-based borrowers.
Ryan Powers, Partner
New Wave Loans
+1 305-833-3873
email us here
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