Under Construction

Icon Beach

Hollywood · Residences

Icon Beach Waterfront Residences is a 38-story luxury condominium tower rising at 3724 South Ocean Drive in Hollywood, Florida, on the former Diplomat Beach Resort site along the Intracoastal Waterway.

Official Website
Last verified Jul 13, 2026
2.4 yrs to delivery
43%
AnnouncedBreaking GroundConstructionOpening SoonNow Open
06.18.26
Start
2028
Completion
350
Units
38
Floors
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The story so far
Announced Mar 21, 2024
oftmw.com
Broke ground 2026 est.Icon Beach broke ground in June 2026 per the Florida YIMBY article. Updating status from the current state to \"breaking-ground\" and setting the groundbreaking date to June 2026 to reflect the milestone. The existing delivery label of \"Under Construction\" may have been premature; this aligns the canonical status field with the actual groundbreaking event captured in the source article.
floridayimby.com
Financing secured Jun 2026$360M construction loan from Tyko Capital closed ~June 2026 per PROFILEmiami/DiscoverSouthFlorida
profilemiamire.com
Under construction Jun 18, 2026Broke ground late June 2026 (Related Group + BH Group) per PROFILEmiami / Mann Report — now under construction
profilemiamire.com
Expected opening 2028
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
About the project

Icon Beach Waterfront Residences is a 38-story luxury condominium tower rising at 3724 South Ocean Drive in Hollywood, Florida, on the former Diplomat Beach Resort site along the Intracoastal Waterway. Developed by the Related Group and BH Group and designed by Cohen Freedman Encinosa & Associates with interiors by Meyer Davis, the tower delivers approximately 350 one- to three-bedroom residences ranging from roughly 950 to 2,600 square feet, each with floor-to-ceiling glass and expansive private terraces. Amenities span tens of thousands of square feet and include a resort-style waterfront pool deck with private cabanas, a full-service beach club, a resident marina, a spa and wellness center, and indoor-outdoor lounges, with curated works from the Jorge M. Perez Contemporary Art Collection. The project positions Icon Beach as one of Hollywood Beach's defining oceanfront addresses.

The Hollywood market 24 · Balanced supplyHollywood Beach 3-project pipeline · 788 residences and keys · peak Late ’28 Explore the market →
Common questions

Frequently asked

Where is Icon Beach located?

Icon Beach is located in Hollywood.

When will Icon Beach be completed?

Icon Beach is under construction, with completion expected in 2028.

Who is developing Icon Beach?

Related Group, BH Group is the developer behind Icon Beach.

Who designed Icon Beach?

Icon Beach was designed by Cohen Freedman Encinosa & Associates.

How big is Icon Beach?

Icon Beach rises 38 stories with 350 residences.