These two towers sit at opposite ends of the market. Rivage Bal Harbour starts at $7,000,000 for 61 oceanfront residences delivering 2026, while DELANO Residences Miami starts at $742,000 for 421 fully furnished homes in a 90-story Downtown tower delivering 2030, per South Florida Agent Magazine. I match buyers to whichever fits their budget and timeline.
Buyers ask me to compare Rivage Bal Harbour and DELANO Residences Miami, but these are not really competitors for the same dollar. Rivage is an oceanfront Bal Harbour building by Related Group and Two Roads Development, with an entry price near $7,000,000. DELANO is a Downtown Miami tower by PMG where studios start around $742,000. One is the last oceanfront site in a gated village. The other is a 90-story landmark on Biscayne Boulevard. Here is how I separate them.
Side-by-Side Comparison
| Category | Rivage Bal Harbour | DELANO Residences Miami |
|---|---|---|
| Neighborhood | Bal Harbour (oceanfront) | Downtown Miami |
| Address | 10245 Collins Avenue | 400 Biscayne Boulevard |
| Delivery | 2026 | 2030 |
| Developer | Related Group & Two Roads Development | PMG (operator Ennismore) |
| Architect | SOM | Carlos Ott / CUBE3 |
| Interiors | Rottet Studio | Meyer Davis |
| Brand | None (developer-branded) | Delano |
| Floors | 24 stories | 90 stories (985 ft) |
| Total Units | 61 residences | 421 residences |
| Unit Sizes | 3,284 to 6,655 sqft, 3 to 5 bed | 432 to 2,019 sqft, studio to 4 bed |
| Price From | $7,000,000 | $742,000 |
| Delivered As | Finished (unfurnished) | Fully furnished by Meyer Davis |
| Signature Feature | Last 3 oceanfront acres in Bal Harbour | Miami's first public observation deck (850+ ft) |
Price Analysis
The entry prices are not close. Rivage starts at $7,000,000. DELANO starts at $742,000. That is roughly a ten to one gap, and it reflects two different products, not two grades of the same product. Rivage sells large oceanfront homes from 3,284 to 6,655 square feet on the last buildable oceanfront land in Bal Harbour. DELANO sells smaller furnished residences from 432 to 2,019 square feet inside a 421-unit Downtown high-rise. A buyer choosing between these two is really choosing a price tier and a use case first, then a building.
Who Should Pick Which
Choose Rivage Bal Harbour if: you want a primary or second home on the ocean, you can write a $7,000,000-plus check, and you value scarcity. This is the last oceanfront development site in Bal Harbour, with only 61 residences across 24 floors, SOM architecture, and Rottet Studio interiors. It delivers in 2026, so your wait is short. You will furnish it yourself.
Choose DELANO Residences Miami if: you want a branded, turnkey unit at a far lower entry, or you are buying for rental income. At $742,000 to start, fully furnished by Meyer Davis, in a 90-story Downtown tower with Miami's first public observation deck, it is built to be move-in or rent-ready from day one. The trade-off is a longer horizon: delivery is targeted for 2030.
Rental Policy and Investment Profile
Both buildings sit under Miami's 30-day minimum rental zoning, so neither is set up for daily Airbnb. The investment case still splits along the same line as everything else. DELANO is the easier rental play: it delivers fully furnished by Meyer Davis, which means it is rent-ready on day one with no buildout, and the $742,000 entry keeps the cost basis low. Rivage is the equity and lifestyle play: a $7,000,000-plus oceanfront residence on land that cannot be replicated, bought more for use and long-hold appreciation than for monthly yield. I run the actual numbers per unit before recommending either.
My Recommendation
There is no universal winner here. I help clients decide based on their specific use case: primary residence, second home, or investment. If you have narrowed your search to these two, let me pull the actual available units in each and run a unit-level comparison on exact floor, view, and layout.
"When a buyer says they are torn between Rivage and DELANO, I usually find they have not set a budget yet. One starts at $7 million on the ocean, the other at $742,000 Downtown. Pick the tier first, and the right building becomes obvious."Gerardo Gonzalez, Licensed Real Estate Agent at Compass
"Rivage is about owning land that runs out. DELANO is about owning a furnished unit you can rent the week it delivers. Those are different goals, not different price points on the same goal."
Ready for unit-level numbers? Use the full comparison tool or reach out for specific floor availability and pricing.
Frequently Asked Questions
Which is more expensive, Rivage Bal Harbour or DELANO Residences Miami?
Rivage Bal Harbour starts at $7,000,000 for oceanfront homes from 3,284 sqft. DELANO Residences Miami starts at $742,000 for furnished residences from 432 sqft. Rivage is the far higher entry point, roughly ten times DELANO's starting price.
Which delivers sooner?
Rivage Bal Harbour is estimated for completion in 2026. DELANO Residences Miami is targeted for 2030. Rivage delivers years sooner, so a buyer who wants to occupy soon should lean toward Rivage.
Where is each building located?
Rivage sits oceanfront in Bal Harbour at 10245 Collins Avenue, the last three oceanfront acres in the village. DELANO is in Downtown Miami at 400 Biscayne Boulevard, a 90-story tower on the bayfront edge of the city center.
Do either allow short-term rentals?
Both fall under Miami's 30-day minimum rental zoning, so neither is set up for daily Airbnb. DELANO is the easier rental unit because it delivers fully furnished by Meyer Davis and is rent-ready on day one.
Which has the stronger signature amenity?
They differ entirely. DELANO will hold Miami's first public observation deck above 850 feet plus a sky pool at 800 feet. Rivage's draw is scarcity: 61 residences on the last buildable oceanfront land in Bal Harbour, with SOM architecture and Rottet Studio interiors.
Which is a better investment?
It depends on your goal. DELANO has the lower cost basis at $742,000 and arrives furnished, so it is the cleaner rental play. Rivage is an oceanfront, finite-supply asset bought more for use and long-hold appreciation. I run custom projections for clients considering either.
Frequently Asked Questions
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