Cove Miami
Pre-construction condos in Edgewater, Miami. Expected delivery Q1 2028. Developed by SB Development + Hazelton Capital Group.
Cove Miami at a glance
| Address | 456 NE 29th St |
|---|---|
| Neighborhood | Edgewater |
| Developer | SB Development + Hazelton Capital Group |
| Units | 134 |
| Floors | 40 |
| Expected delivery | Q1 2028 |
| Priced from | $900Ks |
| Deposit schedule | 10% reservation / 10% contract / 10% groundbreaking / 10% top-off / 60% closing |
| Status | Under construction, broke ground Mar 2026 |
Fields left out are ones I could not verify. A range means sources disagree. I do not publish a number I cannot show you the source for.
What the deposit schedule actually asks of you
10% reservation / 10% contract / 10% groundbreaking / 10% top-off / 60% closing
The common Miami pattern is 20 percent at contract, 10 percent at groundbreaking, 10 percent at top-off and the balance at closing. Compare where this one front-loads or spreads out, because two projects at the same price can ask for very different cash over the same three years. The schedule in the purchase agreement governs, not the marketing sheet.
How Miami deposit schedules work and the contract clauses worth arguing about.
How Cove Miami compares in Edgewater
Every other condo project selling off plan in Edgewater right now, so you can see where this one sits rather than looking at it alone.
| Project | Units / Floors | Delivery | From | Deposit at contract |
|---|---|---|---|---|
| Cove Miami (this project) | 134 / 40 | Q1 2028 | $900Ks | 10% reservation / 10% contract / 10% groundbreaking / 10% top-off / 60% closing |
| Aria Reserve North Tower | 399 / 62 | Q2-Q3 2026 | not published | |
| ELLE Residences Miami | 180-189 / 25-26 | 2028 | $525K | not published |
| Edge House Miami | 608 / 57 | Late 2028 | $500K | not published |
| HQ Residences Miami | 229 / 35 | 2029 | $850K | not published |
| LILLI Miami Edgewater | 117 / 53 | 2029-2030 | $1.65M | not published |
| Spectre Miami | 138 / 24 | 2028 | not published | |
| Villa Miami | 64-70 / 55-56 | Late 2027 | $5.5M | not published |
Questions buyers ask about Cove Miami
What is the deposit schedule at Cove Miami?
As published: 10% reservation / 10% contract / 10% groundbreaking / 10% top-off / 60% closing. Deposit terms live in the purchase agreement rather than in marketing material, so confirm this against the contract before you rely on it.
When is Cove Miami expected to be delivered?
Currently Q1 2028. Pre-construction delivery dates move, and the contract governs what happens if they do.
Who is developing Cove Miami?
The developer is SB Development + Hazelton Capital Group. A developer's track record on delivery matters as much as the building itself, and it is worth asking what else they have completed in Miami and when.
How big is Cove Miami?
Cove Miami is planned at 134 units across 40 floors. Where a figure shows a range, sources disagree and I have not been able to confirm which is current.
Can a non-resident or foreign national buy at Cove Miami?
Yes. There is no citizenship or residency requirement to own Florida real estate. What differs is the paperwork - financing terms for foreign nationals, tax identification, and the withholding rules that apply when you eventually sell.
Keep looking
Condos for sale and rent in Edgewater · Every Miami pre-construction condo · Pre-construction vs resale · Financing options
Thinking about Cove Miami?
I represent buyers on pre-construction directly. Tell me what you are after and I will tell you honestly whether this one fits.
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