Cove Miami in Edgewater: Condo Reservations Converted to Contracts, Construction Set to Begin in 2025

Miami’s Edgewater neighborhood is poised to welcome a new architectural marvel: Cove Miami, a luxurious 40-story condominium tower that has officially converted reservations into contracts. The project, which has attracted significant attention from buyers, is set to begin construction in the first quarter of 2025, according to a recent announcement from its developers. This milestone marks a pivotal moment in the development, as plans become a reality and the future of Edgewater’s skyline takes another step forward.

The development of Cove Miami has generated buzz from the outset, and the transition from reservations to contracts only underscores the strong demand for this project. According to a press release, even before formalizing contracts, interest in the 134 planned condominium units was substantial. The reservation process allowed potential buyers to secure their spot in one of the most desirable new developments in the city.

This high level of demand speaks to the growing appeal of Edgewater as one of Miami’s most sought-after neighborhoods for luxury real estate. With its prime waterfront location, proximity to cultural hotspots like the Design District and Wynwood, and easy access to downtown Miami, Edgewater offers a unique blend of urban living and waterfront tranquility that continues to attract high-end buyers.

Cove Miami represents a significant project for its developers, SB Development and Hazelton Capital Group, both national firms based in New York. Although this is their first development in Miami, both companies bring a wealth of experience and a proven track record in creating high-end real estate projects across the country. Their move into the Miami market is a testament to the city’s rising status as a luxury real estate hub and their confidence in Edgewater’s potential as a top destination for discerning buyers.

For SB Development and Hazelton Capital Group, the decision to launch their first Miami project in Edgewater was a strategic one. The area’s waterfront setting and its rapidly growing reputation as a vibrant, upscale community made it the perfect location for a luxury development of this scale.

Ahead of the 2025 construction start, significant pre-development work has already been completed. The developers have overseen the demolition of previous structures on the site and completed the construction of a new seawall. This ensures that the project is on solid footing as it moves forward, and the site is fully prepared for the next stages of development.

The seawall construction is particularly noteworthy, as it reflects the developers' commitment to creating a secure and sustainable waterfront property. Miami’s waterfront developments require meticulous attention to detail when it comes to resilience against rising sea levels and storm surges, and the team behind Cove Miami is ensuring that these concerns are addressed from the outset.

Cove Miami is more than just a new residential tower; it’s a part of Edgewater’s transformation into a prime destination for luxury living. With the influx of high-end developments, Edgewater is becoming a premier choice for those seeking a blend of waterfront living, urban convenience, and Miami’s distinctive lifestyle. Cove Miami, with its elegant design, upscale amenities, and coveted location, is set to become one of the standout additions to the neighborhood.

As construction gets underway in early 2025, prospective buyers and real estate enthusiasts alike will be closely watching the progress of this project. The conversion of reservations into contracts is a clear sign that the market is eager for what Cove Miami has to offer, and its completion will undoubtedly add another jewel to Edgewater’s increasingly luxurious skyline.

As the project moves into its next phase, buyers and investors are anticipating further updates on Cove Miami’s features, amenities, and design details. The developers are expected to reveal more specifics in the coming months, but based on its waterfront location and luxury branding, residents can expect high-end finishes, cutting-edge amenities, and a lifestyle that fully embraces Miami’s indoor-outdoor living ethos.

In the meantime, the team behind Cove Miami is working diligently to finalize all aspects of the development as they prepare to break ground in 2025.