The Cove Residences

Overview: A Boutique Bayfront Residence in Edgewater

On a stretch of Biscayne Bay frontage in Miami’s Edgewater neighborhood, SB Development and Hazelton Capital Group are building The Cove Residences — A Waterfront Collection. At 40 stories and 134 residences, this is a deliberately boutique project: smaller in scale than the branded towers rising nearby, and designed around its proximity to the water. The site provides both park and direct bay frontage, with the building positioned just 25 feet from the seawall.

Architecture and interiors are the work of Kobi Karp Architecture & Interior Design, in collaboration with Dieguez Fridman Architects — a pairing with deep Miami roots, known for a design language that responds to climate, light, and the specifics of a waterfront site. The homes feature floor-to-ceiling impact glass, wraparound terraces, custom kitchen and bath finishes, and layouts oriented to unobstructed sunrise and sunset views over Biscayne Bay.

The project broke ground in March 2026, backed by $170 million in construction and land financing. Delivery is estimated for 2028. Kaufman Lynn Construction serves as general contractor.

An advisor’s framing. The Cove’s main distinction in Edgewater is scale and setting: fewer homes, direct bay access, and a design focus on privacy and nature rather than hotel-branded programming. We’ll help you weigh this against other active Edgewater projects — including EDITION, Villa Miami, and Aria Reserve — depending on what you’re actually optimizing for.

Location & the Edgewater Neighborhood

The Cove sits at 456 NE 29th Street in Edgewater — on a site that fronts both Margaret Pace Park and Biscayne Bay directly. The building is positioned 25 feet from the seawall, with unobstructed views over the bay and, in upper residences, the Miami skyline beyond. It’s one of the narrower and more bay-proximate parcels in the neighborhood.

Edgewater has become one of Miami’s most active waterfront corridors over the past decade. From The Cove, you’re approximately 5–10 minutes from Wynwood, the Design District, and Midtown; 10–15 minutes from Downtown Miami, PortMiami, and the Brightline station at MiamiCentral; and roughly 15–20 minutes from Brickell, Miami Beach, Key Biscayne, and Miami International Airport. The neighborhood is adjacent to Miami’s cultural core, including the Pérez Art Museum Miami, the Frost Museum of Science, and the Adrienne Arsht Center. Drive times are approximate.

Nearby waterfront dining includes Amara at Paraiso and Klaw. The baywalk connection provides direct pedestrian access along the water, and Margaret Pace Park offers tennis courts, open lawns, and bay views right at the building’s doorstep.

Buyer Considerations: Is The Cove Right for You?

What boutique scale actually means day-to-day

134 residences across 40 floors is genuinely smaller than most of what’s building in Edgewater right now. That means a shorter elevator ride, fewer neighbors sharing the pool deck, and an amenity program sized for the building rather than a resort hotel. For buyers who value privacy and a quieter pace, that’s not a marketing distinction — it’s a material one.

The waterfront position is hard to replicate

25 feet from the seawall, with both park and direct water frontage, is an unusually close bayfront position for a new tower in this market. The views are oriented to Biscayne Bay without obstruction. That’s a location advantage that doesn’t depreciate the way finishes or branding can.

Comparing The Cove with other active Edgewater projects

EDITION Residences brings a branded service model (185 units, 55 stories, Two Roads Development). Villa Miami is a taller, more prominent tower with a different buyer profile. Aria Reserve is larger-scale, family-oriented, and farther north. The Cove’s case is: smaller building, closer to the water, no brand premium in the purchase price, with a wellness-focused amenity program and strong design pedigree. Which is right depends on your priorities — contact us and we’ll walk you through the comparison honestly.

Verify pricing and availability in real time

The Cove launched sales in March 2026 at the time of groundbreaking. We don’t post price figures here because they change. Contact us for the current picture on the specific configurations and floors you’re considering — pricing is available upon request.

Under construction — confirm the delivery timeline

The Cove is under construction with a 2028 estimated delivery. New-construction timelines can and do shift, and delivery schedules are not guarantees. Before you commit, we’ll give you the most current schedule information we have, and we’ll flag any changes as the project progresses.

Budget for HOA and carrying costs

Like all new-construction luxury buildings, The Cove will carry HOA/maintenance assessments alongside property taxes and, if applicable, financing costs. HOA estimates for pre-construction projects are often not yet published at the point of sale. Before you sign, we’ll help you model the full monthly carry so there are no surprises.

This is not the only strong choice in Edgewater. Compare with EDITION Residences Miami Edgewater, Villa Miami, Aria Reserve Miami. You can also explore the neighborhood’s new developments or speak with an Amarante advisor.