Edgewater
Cove Miami
By SB Development Group, Hazelton Capital Group
Breaking GroundStarting From
$900K
Est. Delivery
2028
Residences
134
Floors
40
About the Project
Rising forty stories above the western shore of Biscayne Bay, The Cove Residences—A Waterfront Collection is the joint venture of two New York-based development firms whose combined track record spans millions of square feet of ground-up construction across the eastern seaboard. SB Development Group, founded by Joseph Stern and Roni Benjamini, was established in 2010 and has since delivered more than two dozen projects across New York and Florida exceeding several million square feet of residential and commercial space, ranging from intricate Brooklyn townhomes to high-rise condo towers in Long Island City. Their partner, Hazelton Capital Group, led by Adam Westreich, brings a portfolio of over eight million square feet of commercial real estate and thousands of residential units developed and managed across the United States. Together, the two firms acquired the bayfront assemblage at 456 Northeast 29th Street in 2021 for 2.2 million, and in September 2025 secured a 70 million construction and land loan from Bravo Property Trust—a New York-based lender led by CEO Aaron Krawitz—providing the financial foundation required to bring the tower to completion. Kaufman Lynn Construction serves as general contractor, and groundbreaking officially took place in March 2026.
The architectural vision for Cove Miami is shared between two internationally recognized firms: Kobi Karp Architecture and Interior Design, a Miami institution known for its mastery of coastal luxury, and Dieguez Fridman Architects, the Buenos Aires-based studio celebrated for its warm, tactile approach to high-end residential design. Their collaboration results in a forty-story form that reads as simultaneously slender and sculptural against the Edgewater skyline, with a facade composed of expansive floor-to-ceiling glass that maximizes unobstructed sightlines across Biscayne Bay, the Atlantic Ocean, and the Miami city grid. Generous wrap-around terraces—integrated into every residence—blur the threshold between interior and exterior living, a defining gesture that shapes the tower's stepped, layered silhouette and gives each home a sense of private outdoor ownership that is rare even at this price point.
The building holds 134 private residences configured across one- to four-bedroom layouts, with interiors crafted around natural textures, artisan materials, and enduring finishes. Kitchens are appointed with Calacatta gold marble countertops, Italian cabinetry, and Thermador and Bosch appliance suites; select residences include integrated wine coolers. Bathrooms echo the same material palette, with Italian stone and custom millwork that carry the design language from the public amenity floors through to the private domain. Unit sizes range from approximately 868 square feet to 2,763 square feet inclusive of exterior spaces, with pricing spanning from 00,000 to million across the full collection. The buyer profile has diversified significantly since the project's 2023 sales launch—initially drawing primarily Latin American investors, the offering has broadened its reach to domestic purchasers, a signal of the project's broad-market legitimacy. Sales are now led by the Eklund-Gomes Team at Douglas Elliman Development Marketing, one of the most prominent luxury residential brokerage teams in the country.
The waterfront positioning of the site is fully activated by an amenity program designed around direct bay access. A private floating dock accommodates water sports equipment and offers residents the ability to arrive and depart by boat, a genuinely rare privilege in urban Miami. The bayfront infinity-edge pool stretches toward the water with the visual effect of dissolving into the bay itself, surrounded by private cabanas and lounge areas that capture the prevailing southeast breeze. A dedicated waterfront restaurant serves residents and is designed to function as an all-day venue, anchoring the building's ground-level relationship with the bay. Together, these elements constitute an aquatic amenity layer that sets Cove Miami apart from inland towers competing at similar price points.
The full amenity program spans multiple floors and encompasses a breadth of programming that rivals the finest resort offerings in South Florida. The Tranquility Spa houses private massage rooms, a hammam, a sauna, and a cold plunge pool—a complete thermal wellness circuit that typically commands significant membership fees at standalone clubs. Adjacent to the spa, a state-of-the-art fitness center is complemented by a dedicated spin auditorium and both indoor and outdoor yoga studios, providing structured programming for every training discipline. A meditation zen garden offers quieter counterbalance. Social spaces include a Grand Theater for private screenings and performances, a game and billiards room, a wine and library lounge, a private dining room with a chef's kitchen for catered events, and a rooftop lounge with an outdoor kitchen and sweeping panoramic views. For families, a children's playroom and a pet spa are provided. Professional needs are addressed by co-working suites equipped with private offices. Resident services extend to LEAA premium healthcare concierge access and on-demand Zipcar sharing, complemented by attended lobby service and valet parking with EV charging.
Edgewater's transformation from a transitional corridor into one of Miami's most sought-after luxury addresses has accelerated dramatically over the past decade, driven by its rare combination of direct bayfront land, proximity to Wynwood and the Design District, and a walkable scale that larger Miami neighborhoods cannot replicate. The neighborhood sits between Midtown to the north and Downtown to the south, placing residents within minutes of the city's premier dining, art, and cultural institutions. With Biscayne Bay as its western boundary, Edgewater commands views that no inland neighborhood can match, and the pipeline of institutional-quality projects now underway along its waterfront has embedded the area firmly in the consciousness of both domestic and international capital. For buyers seeking a 2028 delivery on a fully financed, ground-broken tower with a proven development team, a world-class architectural pedigree, and a bayfront address in one of Miami's fastest-appreciating neighborhoods, The Cove Residences represents a compelling convergence of lifestyle and investment fundamentals.
Amenities
Location
456 NE 29th St, Miami, FL 33137
About Edgewater
Edgewater sits directly on Biscayne Bay between Downtown and Wynwood, quietly becoming one of Miami's most sought-after addresses. The neighborhood offers sweeping bay views, a calmer residential pace than Brickell, and proximity to the Design District and Wynwood arts scene — a combination that has attracted a wave of architecturally ambitious towers.
- Unobstructed Biscayne Bay and Miami Beach skyline views
- Bayside Edgewater Park and Margaret Pace Park waterfront access
- Minutes from Wynwood, the Design District, and Midtown
- Emerging dining and café culture along Biscayne Boulevard