ÉDIFICEThe Development Journal

Edgewater, United States · Contemporary — Bayfront Tower

The Cove Residences

Internal preview — photography pending licensing clearance from the developer

“A private dock built for water sports, not yachts, and a healthcare concierge built into the HOA — Cove is pitching an active, cared-for version of Edgewater bayfront living.”

The Cove Residences is a 40-story, 134-unit tower from SB Development and Hazelton Capital Group, rising directly on Biscayne Bay in Edgewater at 496 NE 29th Street. Kobi Karp Architecture designed the building with Dieguez Fridman interiors, and the project broke ground and launched sales in March 2026 backed by $170 million in construction and land financing from Bravo Property Trust. One- to four-bedroom residences started at $795,000 at launch, with later reporting citing asking prices in the low $900,000s as inventory has moved. The building's standout amenity is Healthcare on Demand, a concierge medical program — physician house calls, diagnostics, and recovery treatments — included with ownership at no added membership cost.

Amenities

Bayfront Infinity Pool

Bayfront Infinity Pool

A resort-style infinity pool with private cabanas directly on the Biscayne Bay waterfront, about 25 feet from the seawall.

Healthcare on Demand

Healthcare on Demand

A concierge medical program included with ownership — physician house calls, diagnostics, bloodwork, IV therapy, and recovery treatments, available seven days a week to residents, family, and guests.

The Tower

Who built it, who designed it, and what kind of building it actually is.

Architect
Kobi Karp Architecture & Interior Design
Developer
SB Development & Hazelton Capital Group
Interior Designer
Dieguez Fridman Design
The Setup
A 40-story, 134-residence tower rising directly on the Biscayne Bay waterfront in Edgewater — about 25 feet from the seawall — now under construction after breaking ground in March 2026, with a healthcare-concierge program (physician house calls, diagnostics, and recovery treatments at no added cost) that's unusual even among Miami's wellness-focused condos.

SB Development, a New York-based developer, partnered with Hazelton Capital Group on The Cove Residences as its first Miami project, securing $170 million in construction and land financing from Bravo Property Trust; sales and marketing moved from an initial presale campaign by One World Properties to the Eklund | Gomes team at Douglas Elliman Development Marketing.

Floor Plans

The developer’s own complete floor plan set, viewable inline or opened in a new tab.

In the Neighborhood

A curated look at what’s within easy reach of The Cove Residences.

  • Midtown Miami restaurants
  • The Citadel Food Hall

The Honest Take

In favor

  • Already broken ground (March 2026) with $170 million in construction financing secured — real, not just proposed
  • A genuinely differentiated amenity — an included, no-extra-cost healthcare concierge program, not just a spa
  • Direct waterfront siting about 25 feet from the seawall, with a private dock for water sports
  • A real, launch-verified starting price ($795,000), among the more accessible entry points in Edgewater

Worth weighing

  • Reported starting prices have risen from $795,000 at launch to the low $900,000s in later press coverage, so current pricing should be confirmed directly
  • No price-per-square-foot figure is published on the official site, even though a full floor plan PDF is available
  • Still under construction with a 2028 targeted delivery — standard pre-construction timeline risk applies
  • A relatively compact 1.6-acre-scale site means limited outdoor grounds compared to some larger Edgewater towers