EB-5 + Real EstateThe Cove Miami
Edgewater · Miami, Florida
A waterfront residential development in Edgewater, currently under construction with estimated completion in 2028 — a premium waterfront opportunity for investors with a longer planning horizon. The residential purchase and the EB-5 investment are separate structures.
Executive Overview
Presented from the approved project brochure. Items not released by the developer are shown as available upon request rather than estimated.
- Location
- Edgewater, Miami, Florida
- Product
- Residential development
- Structures available
- Real estate purchase and EB-5 investment
- Development status
- Currently under construction
- Estimated completion
- 2028
- Development team
- SB Development Group; Hazelton Capital Group
- Architecture
- Kobi Karp Architecture
- Interior design
- Dieguez Fridman Design
- Sales & marketing
- Douglas Elliman Development Marketing (exclusive)
- Residential mix
- One bedroom from 868 sq ft; two bedroom 1,231–1,472 sq ft; three bedroom 2,142–2,304 sq ft; four bedroom 2,763 sq ft
Project visualizations
Imagery from the developer's approved project materials. Renderings are conceptual and are not a representation of the final built product; finishes, views and amenities are governed by the offering documents.
Real Estate Opportunity
A residential purchase opportunity within the development. Pricing, availability and terms are provided from approved developer materials upon request.
EB-5 Opportunity
Where an associated EB-5 investment structure exists, it is separate from any real estate purchase and must be evaluated independently with qualified immigration counsel.
Real estate purchases and EB-5 investments are separate structures and are evaluated separately.
Residential Features
Residence specifications from the approved brochure. Finishes and inclusions vary by residence type and are confirmed in the developer's materials.
- Floor-to-ceiling impact glass windows and balcony doors
- Large-format ceramic tile flooring
- Fully tiled balconies with glass railings
- Calacatta Gold-style kitchen finishes
- Bosch / Thermador or comparable appliance package
- Fitted closets
- Wine cooler in select residences
- Primary bathrooms with stone countertops
- Full-size washer and dryer
Amenities
The amenity programme published in the approved brochure spans wellness, recreation, work and waterfront access.
- State-of-the-art fitness centre and spin auditorium
- Yoga room
- Spa with cold plunge and massage rooms
- Hammam and sauna
- Meditation / Zen garden
- Resort-style infinity pool with private cabanas
- Business centre, coworking, conference rooms and private offices
- Storage and cold storage
- Guest suite
- Theatre / performance room
- Private dining room with chef's kitchen
- Game / billiards room
- Owner's lounge with wine storage
- Children's playroom
- Rooftop summer kitchens
- Attended lobby and valet parking
- EV charging capability
- Waterside restaurant
- Direct Baywalk access
- Dock and water-sports access
- Pet spa
Location & Neighbourhood
Edgewater sits on Biscayne Bay between Downtown Miami and Miami's design and arts districts, with direct waterfront frontage and short connections across the urban core.
- Biscayne Bay waterfront setting
- Edgewater residential district
- Wynwood arts district access
- Miami Design District access
- Downtown Miami access
- Bayfront parks and baywalk connectivity
EB-5 Opportunity
An EB-5 investment associated with this development is a distinct transaction from purchasing a residence. Eligibility, petition strategy and immigration advice are handled by qualified immigration counsel, not by this practice. No immigration outcome is promised.
- Investment amount
- $1,050,000
- Administrative fee
- $70,000
- Regional centre
- Florida First Regional Center, LLC
- Qualifying framework
- Available upon request
- Capital must remain at risk for the period required by the programme
- The investment must meet applicable job-creation requirements
- Lawful source of funds must be documented
- Qualifying family members may be included, subject to immigration requirements
- All terms are reviewed only from approved offering materials
Financial Structure
Figures below are targets stated in the approved brochure, not guarantees. Nothing on this page is a projection of results, a promise of return, or an offer to sell a security.
- Target annual return
- 3% (target, not guaranteed)
- Target investment term
- 3 years (target)
- Capital structure
- Fully entitled and approved development; capital structure includes a $170M construction loan and full developer equity funding
Structure & Safeguards
Safeguards as described in the approved brochure. Each is subject to the conditions and qualifications of the offering documents, which govern in all cases.
- Refund terms
- I-526E denial refund guaranty, subject to the conditions set out in the offering documents
- Fund administrator
- Baker Tilly Advisory Group
- Escrow / subscription account
- Segregated subscription account protection
- Construction monitoring
- Third-party construction monitoring
- Developer track record
- Delivered by SB Development Group with Hazelton Capital Group
Documents & Materials
The brochure, fact sheet, renderings and offering materials are shared directly during a private consultation, in line with approved distribution. Project graphics and renderings are copyrighted by the developer and are not republished here.
- Project brochure — on request
- Fact sheet — on request
- Renderings and floor plans — on request
- EB-5 offering materials — on request, through the appropriate channel
No immigration outcome or investment result is promised or implied. Information about specific opportunities is provided only from approved project materials. Immigration eligibility and legal advice are handled by qualified immigration counsel.