What is the current status of The Cove Residences?

As of July 24, 2026, The Cove Residences is at the Rumor stage. The full timeline above shows each verified development since we began tracking it, with the named source for every update.

Where is The Cove Residences located?

The Cove Residences is planned for 496 NE 29th Street, Edgewater, Miami. Exact details are confirmed against the named sources above and updated as the project advances.

Can I reserve a unit now?

Early-stage projects like this are not formally selling yet. The way buyers reach the best inventory is to be on the early-access list before the public launch. Contact Gerardo Gonzalez at Compass and name this project.

Is this a confirmed project?

We label the true stage and link the real source for every update. Early stages may change or never be built. A project only gets a full development page once real specifications are verified.

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Tracking from day one

The Cove Residences

The Cove Residences is a South Florida development we have tracked since September 2, 2025. It is currently at the Rumor stage. Below is the full verified timeline, what is still unknown, and my read as a licensed Compass agent. Sources: PROFILEmiami and others, linked per entry.

Current stage

Rumor

Location

496 NE 29th Street, Edgewater, Miami

Developer

SB Development and Hazelton Capital Group

Development timeline

September 2, 2025Planned
SB Development and Hazelton Capital Group secured $170 million in construction and land financing for the 40-story Edgewater tower.
Source: PROFILEmiami →
March 24, 2026Rumor
The Cove Residences officially launched sales and broke ground on its 134-residence Edgewater waterfront tower.
Source: PROFILEmiami →
July 24, 2026Rumor
The Cove Residences added an included in-home Healthcare On Demand concierge program tied to each of its 134 residences.
Source: PROFILEmiami →

My read

My read on The Cove Residences: with the project this far along, what I tell buyers to weigh is the deposit structure, the delivery timeline, and how the floor and line affect light and resale, not just the launch price. If you are weighing 496 NE 29th Street, Edgewater, Miami, those are the details that decide value.

This project is in an early, pre-construction stage. Details are not final and may change. Gerardo Gonzalez is an independent licensed agent at Compass providing buyer-side guidance, not the listing or sales brokerage.

Last verified July 2026. This is a live tracker, updated as the radar surfaces verified news. Stages and figures trace to the named sources above; nothing here is a confirmed sale or a solicitation.

The Cove Residences

Development timeline

My read

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