SB Development and Hazelton Capital Group have officially broken ground and launched sales for The Cove Residences, A Waterfront Collection, a new 40-story luxury condominium tower situated in Miami’s vibrant Edgewater neighborhood. This development promises a unique blend of urban energy and serene bayfront living, with sales now underway for its exclusive units.
Key Takeaways
- Sales have launched for The Cove Residences, a 40-story luxury tower in Edgewater, Miami.
- The development features 134 one- to four-bedroom condominiums with premium amenities.
- Construction financing of $170 million has been secured.
- The project is slated for completion in 2028, with starting prices in the $900,000s.
A New Waterfront Lifestyle
The Cove Residences will offer 134 one- to four-bedroom condominiums, each designed with floor-to-ceiling glass windows and expansive wrap-around terraces to maximize stunning views. The architectural design, a collaboration between Kobi Karp Architecture & Interior Design and Dieguez Fridman Architects, emphasizes a connection to nature while immersing residents in the city’s dynamism. Unit interiors will feature custom kitchens, spa-like bathrooms, and meticulously tailored details, aiming to provide a highly personal and thoughtfully considered living experience.
Exclusive Community Amenities
Residents of The Cove Residences will have access to a comprehensive suite of amenities designed for comfort, convenience, and wellness. These include a waterfront infinity pool, a state-of-the-art fitness center, dedicated wellness spaces, and versatile shared work areas. For leisure and entertainment, the building will boast a game and billiards lounge and a grand theater. Additional services such as a healthcare concierge, car-sharing access, and private docks further enhance the exclusive lifestyle offered at this prime waterfront location.
Prime Location and Vision
Located directly on the waterfront in Edgewater, The Cove Residences offers unparalleled access to both Biscayne Bay and surrounding park areas. "There are limited opportunities to live directly on the waterfront in Miami, so The Cove Residences emphasizes its enviable location in Edgewater, providing both park and direct water frontage and sitting just 25 feet from the seawall," stated Adam Westreich, principal at Hazelton Capital Group. Joseph Stern, co-founder and principal at SB Development, added, "The residences deliver an intimate experience surrounded by the energy of the city while also immersing owners in the calm and serenity of Biscayne Bay."
The project has secured $170 million in construction and land financing from Bravo Property Trust and IDB, with Kaufman Lynn Construction serving as the general contractor. The Eklund | Gomes team at Douglas Elliman Development is spearheading the sales and marketing efforts. The anticipated opening for The Cove Residences is set for 2028, with initial unit prices starting in the $900,000s.