Rivage Bal Harbour

Location & neighborhood

Rivage Bal Harbour rises at 10245 Collins Avenue on what is billed as the last beachfront property to be developed in Bal Harbour — the exclusive, gated village at the northern tip of Miami Beach's barrier island. The 2.55-acre site sits one block from Bal Harbour Shops, the highest-grossing retail center per square foot in the United States, anchored by Saks, Neiman Marcus, and marquee luxury boutiques. Haulover Park, the Surf Club, and Surfside are within walking distance, and Rivage trades at the very top of the oceanfront market.

Architecture & design

Designed by Skidmore, Owings & Merrill (SOM) — the firm behind the world's tallest towers — Rivage is a 24-story sculptural residence rising about 275 feet from a lush tropical landscape. Its glass façade reflects the shoreline, while stone structural columns frame views and demarcate residences; the building's inward folds orient living spaces toward either the Atlantic or the Intracoastal and skyline. Interiors are by Rottet Studio under Lauren Rottet, with landscape by Enzo Enea's Enea Garden Design.

Residences & finishes

Rivage holds a very limited collection of 56–61 large family residences and sky villas, ranging from roughly 3,300 to 12,600 square feet in three- to six-bedroom (and larger) configurations. A typical floor is divided into just three units, each with private arrival points and water views, and upper levels cascade into penthouses with expansive terraces. The low density and generous floor plates position Rivage as a house-in-the-sky alternative for buyers trading out of single-family estates.

Amenities & lifestyle

The building offers more than 25,000 square feet of communal amenities, including multiple pickleball courts, a fitness center, swimming pools, a spa, and full beach service on its private oceanfront. The program is oriented around resort-style, family-focused oceanfront living, with the discretion and security expected in Bal Harbour.

Price, payment plan & delivery

Three-bedroom residences start at $8 million, four-bedrooms from $15.8 million, and penthouses reach up to about $65 million; by late 2024, only unsold homes started at $10 million as inventory tightened. A staged pre-construction deposit schedule applies (confirm specifics at contract). Miami Coastal Construction broke ground in September 2024, a $424 million construction loan was secured in November 2024, and delivery is targeted for 2027 (SOM lists 2026; rehub cites Q4 2027).

Developer, architect & brand

Rivage is developed by Related Group with Two Roads Development and Rockpoint — a trio behind multiple Miami luxury landmarks — with architecture by SOM, interiors by Rottet Studio, and landscape by Enea. Douglas Elliman handles sales and marketing. Unlike many peers, Rivage is not a hotel-branded product; its cachet derives from site scarcity and design pedigree.

International investment rationale

Rivage offers something Miami rarely can — the last new beachfront building in Bal Harbour, an internationally renowned, gated luxury enclave with the country's premier luxury retail. Extreme scarcity (fewer than ~61 homes), SOM design, and a proven developer group underpin the trophy-asset thesis. For international HNW buyers, Bal Harbour's privacy, Florida's tax advantages, and the durability of oceanfront-scarce supply support long-term value.