Rivage Bal Harbour: The Complete Buyer’s Guide
Rivage Bal Harbour prices reflect its position as the enclave’s first new oceanfront condominium in more than a decade: asking prices average roughly $3,925 per square foot per CondoBlackBook’s building profile as of August 2026, with 56 sky villas of 3,300 to nearly 13,000 square feet and penthouses offered from $40 million to $75 million.
Developed by Related Group, Two Roads Development and Rockpoint on what is widely described as Bal Harbour’s last developable beachfront parcel, the 10245 Collins Avenue tower pairs Skidmore, Owings & Merrill architecture with Rottet Studio interiors — an institutional design pedigree rare even in South Florida’s ultra-luxury tier. Coverage of the project’s milestones lives on our Rivage Bal Harbour news hub.
With construction underway since September 2024 and completion targeted for 2027, Rivage has moved from concept to countdown. Here is what buyers need to know, with every figure sourced and dated.
What do residences at Rivage Bal Harbour cost?
Asking prices average about $3,925 per square foot per CondoBlackBook’s profile as of August 2026 — implying roughly $13 million for the smallest 3,300-square-foot three-bedroom villas. The penthouse collection was unveiled at $40 million to $75 million, per PROFILEmiami in January 2025, and the final $75 million penthouse was released in August 2026, per World Red Eye.
The January 2025 penthouse reveal detailed three “mansions in the sky”: a Lower Penthouse of 9,015 square feet at $40 million, a Bay Penthouse of 16,130 square feet at $60 million, and an Ocean Penthouse exceeding 19,000 square feet at $75 million, per PROFILEmiami. The building’s crowning release, unveiled in August 2026 per World Red Eye, is a $75 million estate-style penthouse with more than 10,000 interior square feet, an equal measure of private outdoor space, an oceanfront plunge pool and a dedicated longevity suite with hyperbaric chamber.
Line-by-line pricing on remaining tower villas is available through Douglas Elliman Development Marketing, the exclusive sales team. Buyers new to Florida pre-construction should review our guides to deposit structures and — given the strong international demand for Bal Harbour addresses — the foreign buyer’s guide to South Florida luxury condos.
Rivage Bal Harbour: key figures and penthouse pricing (sources: South Florida Agent Magazine, Jan. 2025; PROFILEmiami, Jan. 2025; World Red Eye, Aug. 2026; CondoBlackBook, Aug. 2026)
| Metric | Figure | Source and as-of date |
| Residences | 56 sky villas | South Florida Agent Magazine, Jan. 2025 |
| Residence sizes | 3,300 to nearly 13,000 SF | South Florida Agent Magazine, Jan. 2025 |
| Average asking price | ~$3,925 per SF | CondoBlackBook, Aug. 2026 |
| Lower Penthouse | 9,015 SF — $40M | PROFILEmiami, Jan. 2025 |
| Bay Penthouse | 16,130 SF — $60M | PROFILEmiami, Jan. 2025 |
| Ocean Penthouse | 19,000+ SF — $75M | PROFILEmiami, Jan. 2025 |
| Final penthouse release | 10,000+ SF interior — $75M | World Red Eye, Aug. 9, 2026 |
| Ocean frontage | 200 feet | South Florida Agent Magazine, Jan. 2025 |
| Construction loan | $424M from TYKO Capital | South Florida Agent Magazine, Jan. 2025 |
| Construction start / completion | September 2024 / targeted 2027 | PROFILEmiami, Sept. 2024; South Florida Agent, Jan. 2025 |
What makes Rivage Bal Harbour’s most significant new tower?
Scarcity, above all: Rivage is the first new ultra-luxury condominium to rise in Bal Harbour in more than ten years, per World Red Eye’s August 2026 coverage, and it occupies 200 feet of direct ocean frontage on what the development team describes as the village’s last available beachfront site. There is no comparable follow-on parcel.
The sponsorship is equally decisive. Related Group is South Florida’s most prolific condominium developer; Two Roads Development and institutional investor Rockpoint complete a partnership that closed a $424 million construction loan from TYKO Capital in January 2025, per South Florida Agent Magazine — capitalization that removes the financing question entirely. Our primer on reading completion risk in South Florida pre-construction explains why a closed loan of that scale is the single strongest de-risking signal a buyer can see.
Then there is the design roster: Skidmore, Owings & Merrill — architects of Burj Khalifa and One World Trade Center — in a tropical modernist idiom, with interiors by Rottet Studio and landscapes by Enzo Enea. SOM oceanfront condominiums are effectively nonexistent in South Florida, which gives Rivage an architectural provenance argument no neighbor can match.
How large are the residences at Rivage?
Rivage’s 56 residences are villa-scaled: three- and four-bedroom plans from roughly 3,300 square feet up to nearly 13,000 square feet, per South Florida Agent Magazine’s January 2025 report, with flow-through exposures capturing ocean, Intracoastal and skyline views. Penthouses reach beyond 19,000 square feet, per PROFILEmiami.
These are house-sized footprints — the smallest residence at Rivage is larger than many penthouses elsewhere on Collins Avenue. Per CondoBlackBook’s building profile, four-bedroom lines run approximately 4,215 to 4,810 square feet with up to five and a half baths, and upper-floor penthouse terraces exceed 6,000 square feet with private pools, open-air kitchens and fire pits, per PROFILEmiami’s January 2025 reveal.
The amenity program matches the residential scale: more than 25,000 square feet of wellness-led facilities, including a fitness pavilion, hammam spa, sunrise and sunset pools, pickleball and padel courts, cocktail lounge and 24/7 concierge, per South Florida Agent Magazine. The August 2026 penthouse’s private longevity suite — hyperbaric chamber, circadian lighting, purified air and water — signals where the building’s wellness ambition sits; compare it against our roundup of the best wellness amenities in South Florida new developments.
When does Rivage Bal Harbour deliver?
Completion is targeted for 2027, per South Florida Agent Magazine’s January 2025 financing report. Construction began in September 2024, per PROFILEmiami, and the project is fully capitalized following its $424 million TYKO Capital loan — leaving Rivage roughly a year from its stated delivery window as of this writing.
The sequencing has been orthodox and fast: sales unveiled in January 2023, groundbreaking in under two years, institutional financing closed months later. That the developers released their final penthouse in August 2026 — rather than holding it past top-off — suggests confidence in the schedule and a sales program nearing its end.
Buyers weighing a 2027 move-in against alternatives should consult our South Florida luxury condo delivery calendar for 2026–2030: oceanfront deliveries in that window are scarce, and Rivage is the only one in Bal Harbour proper.
How does Rivage compare to the rest of Bal Harbour?
Rivage competes less with buildings than with time: the village’s marquee condominiums — St. Regis Bal Harbour and Oceana Bal Harbour among them — delivered in the 2010s, leaving Rivage as the only new-construction option in a municipality of fewer than a square mile anchored by Bal Harbour Shops. Its premium is the price of finality.
At roughly $3,925 per square foot average asking, per CondoBlackBook as of August 2026, Rivage prices at the top of the village — justified, its sponsors argue, by 56-unit exclusivity, SOM provenance and residence sizes the older towers cannot offer. Resale buyers in the established buildings trade newness for immediacy; Rivage buyers accept a 2027 horizon for a residence no future project can replicate.
It is also worth noting what Rivage is not: a branded residence. In a market saturated with hotel and fashion flags — mapped in our complete guide to branded residences in South Florida — Rivage bets that Bal Harbour itself is the brand. Owners should still model operating costs carefully; boutique unit counts concentrate expenses, as our HOA fee guidedetails.
Frequently Asked Questions
How much do residences at Rivage Bal Harbour cost?
Asking prices average roughly $3,925 per square foot, per CondoBlackBook’s building profile as of August 2026 — about $13 million for the smallest 3,300-square-foot villas. Penthouses were unveiled at $40 million to $75 million, per PROFILEmiami in January 2025. Current availability is confirmed through Douglas Elliman Development Marketing.
What is the most expensive penthouse at Rivage?
Two offerings share the $75 million mark: the 19,000-plus-square-foot Ocean Penthouse revealed in January 2025, per PROFILEmiami, and the final estate-style penthouse with a private longevity suite unveiled in August 2026, per World Red Eye. Both rank among the priciest condominium asks in Bal Harbour history.
How many units does Rivage Bal Harbour have?
The tower contains 56 sky villas, per South Florida Agent Magazine’s January 2025 report. Residences run from 3,300 to nearly 13,000 square feet in three- and four-bedroom configurations, making it one of the lowest-density oceanfront towers ever built in the village.
When will Rivage Bal Harbour be completed?
Completion is targeted for 2027, per South Florida Agent Magazine’s January 2025 financing report. Construction began in September 2024, per PROFILEmiami, and the project is fully capitalized with a $424 million TYKO Capital construction loan. As with all pre-construction, the date is a target, not a guarantee.
Who is developing Rivage Bal Harbour?
A partnership of Related Group, Two Roads Development and Rockpoint. Architecture is by Skidmore, Owings & Merrill, interiors by Rottet Studio and landscaping by Enzo Enea, with Douglas Elliman Development Marketing leading sales.
Where exactly is Rivage located?
At 10245 Collins Avenue in Bal Harbour, Florida, on 200 feet of direct Atlantic ocean frontage between the beach and the Intracoastal Waterway, per South Florida Agent Magazine. The site is minutes on foot from Bal Harbour Shops and is widely described as the village’s last developable oceanfront parcel.
Why is Rivage considered so significant for Bal Harbour?
It is the first new ultra-luxury condominium in Bal Harbour in more than a decade, per World Red Eye’s August 2026 coverage, and no comparable beachfront site remains. That combination of scarcity, SOM architecture and villa-scale residences gives it a positioning no future project in the village can duplicate.
What amenities does Rivage offer?
More than 25,000 square feet of amenities, per South Florida Agent Magazine: a fitness pavilion, hammam spa, sunrise and sunset pools, pickleball and padel courts, cocktail lounge, theater, VR golf simulator, children’s playroom and 24/7 concierge. The program is wellness-forward, capped by the penthouse-level longevity suite concept unveiled in August 2026.
Is Rivage a branded residence?
No. Unlike much of South Florida’s new ultra-luxury supply, Rivage carries no hotel, fashion or automotive flag. Its developers position the Bal Harbour address, the SOM design and the last-site scarcity as the brand — which also spares owners the licensing fees embedded in many branded buildings’ budgets.
For continuing coverage of Rivage and every significant tower rising on South Florida’s coastline — pricing moves, sales milestones and delivery updates — visit the Haute Residence New Developments hub.