Cove Miami takes the opposite approach from Edgewater’s mega-towers: just 116 residences in a 40-story building at 456 NE 29th Street, with only two- and three-bedroom layouts, no studios, no one-bedrooms. Developed by SB Development with Hazelton Capital Group, designed by Kobi Karp with interiors by Dieguez Fridman, the tower is composed so that water views reach every room. With a published deposit schedule running to a Q4 2026 closing, making Cove Miami one of the few Edgewater pre-construction projects with a visible path to delivery.
Key Facts
- Address: 456 NE 29th Street, Edgewater, Miami
- Stories: 40 | Residences: 116 (two- and three-bedrooms only)
- Developers: SB Development & Hazelton Capital Group
- Architect: Kobi Karp | Interiors: Dieguez Fridman
- Deposit schedule: 10/10/10/10/60 with closing targeted Q4 2026
- Views: Water views from every residence; bay exposure to the northeast and southeast
Cove Miami: Two and Three Bedrooms, Nothing Else
In a submarket flooded with 400-square-foot investor studios, a tower that refuses to build them is making a statement. The 116-residence count keeps the community intimate, and the all-large-unit mix means shared amenities (the indoor pool, spa, rooftop deck) serve fewer people. For end-users tired of competing with short-term rental investors in their own building, Cove Miami’s restraint is the selling point.
A Visible Path to Delivery
Pre-construction buyers’ biggest risk is the unknown timeline. Here the milestones are on paper: reservation, contract, groundbreaking, top-off, closing, with the final payment tied to Q4 2026. Buyers comparing Edgewater options should weigh that transparency against larger neighbors like Aria Reserve, where scale brings amenities but also longer waits.
Website: coveresidencesedgewatermiami.com
When Cove Miami delivers in late 2026, residents land in one of Edgewater’s most walkable pockets. Klaw and Casadonna sit minutes south on North Bayshore Drive for $$$$ nights out, with Casadonna’s weekend brunch a favorite and Klaw holding Edgewater’s only rooftop. Midweek, the Publix on NE 1st Avenue handles the basics, and the Whole Foods on Biscayne Boulevard is a five-minute drive. Margaret Pace Park’s waterfront paths are the default for runs and dog walks. On weekends, the Frost Museum of Science and PAMM at Museum Park are close enough for a spontaneous visit, and Wynwood’s galleries sit just west across the tracks. Families comparing end-user buildings should also see Villa Miami next door and Edge House Miami, which shares Cove’s architect, Kobi Karp.
Cove Miami Frequently Asked Questions
❯ Why only two- and three-bedroom residences?
The developers deliberately skipped studios and one-bedrooms to target end-users and families rather than investors. With 116 larger residences in a 40-story tower, the building keeps density low and the resident profile residential. A contrast to the studio-heavy towers nearby.
❯ What is Cove Miami’s deposit structure?
10% at reservation, 10% at contract (Q4 2023), 10% at groundbreaking (Q2 2024), 10% at top-off (Q3 2025), and 60% at closing (Q4 2026). The staged schedule is standard for Miami pre-construction, but the published closing quarter gives buyers unusual timeline transparency.
❯ Who is developing and designing the tower?
SB Development in partnership with Hazelton Capital Group are the developers. Architecture is by Kobi Karp, also the architect of Edge House Miami, with interiors by Dieguez Fridman, a pairing meant to deliver a cohesive visual identity inside and out.
❯ What amenities are included?
The main amenity zone spans floors six through eight with an indoor pool, spa, and health and wellness center. Above that: private office suites, conference rooms, coworking space, and a rooftop pool with city and bay views. A waterfront restaurant within walking distance completes the lifestyle pitch.
❯ Where exactly is Cove Miami rising?
456 NE 29th Street, in the heart of Edgewater, close to the bay, the Julia Tuttle Causeway to Miami Beach, and the cluster of new towers along NE 29th Street including Villa Miami.
❯ Is there an official project website?
Yes. The developer’s site is coveresidencesedgewatermiami.com, where floor plans and availability are published. Always verify current pricing and delivery against the developer’s latest releases.
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