Rivage Bal Harbour | Our Independent Review of the Lifestyle and Value

In this independent review of Rivage in Bal Harbour, we thoroughly analyze the floor plans, views, prices, and the Bal Harbour neighborhood. We’ll compare Rivage with similar condos and discuss what you can expect from this developer. By the end of this article, you’ll understand what sets this project apart, why it deserves your attention, and which floor plans are the most attractive.

With over 15 years of experience in real estate and having sold hundreds of new construction units, I know what to look for and what makes a condo truly unique. I should also mention that I have purchased a unit in this project, as have nine of my clients.

Floor Plans at Rivage Bal Harbour

Privacy and Low Density

Rivage in Bal Harbour offers high privacy and low density. With only 60 residences and three per floor, it is considered a low-density project. Many buyers are combining units, so the project may end up with just 44 residences. Access is restricted with a gated entrance at street level, ensuring only residents and their guests can enter the lobby. Each residence has a private elevator and a private air-conditioned two-car garage. Residences come fully finished with many customization options available. Additionally, this condo is situated on a 2.17-acre lot with 20,000 SF of amenities, offering ample lifestyle options for just over 44 residences.

The Bal Harbour Location

Bal Harbour is an extremely desirable location, offering great walkability to shops and restaurants. Residents of Bal Harbour often gather for drinks or dinners at the famous Bal Harbour shops. The beachfront condos in Bal Harbour enjoy the oceanside boardwalk, where residents happily walk and ride around the neighborhood.

The location, 10245 Collins Ave, almost at the edge of the Haulover inlet makes the views particularly dynamic and engaging. Residents of this part of the beach love the dynamic views. They enjoy views over the ocean and are able to watch the sailboats and yachts of every size going in and out from the Intracoastal waters into the ocean.

This is an additional advantage of the location compared to the average oceanfront location. Because of this, the northeast corner A line is expected to be more desirable and is also the largest floor plan featuring four bedrooms, five bathrooms, two powder rooms, and a den/service quarter.

The Finishes

The units at Rivage will come fully finished with installed closets and blinds. Residents can choose between white oak or walnut for the closets. Residences count with 10-foot-high ceilings and floor-to-ceiling windows. The dining and entertainment areas are accented with linear cove lighting. In addition, units are delivered with custom kitchens, (Sub-Zero and Wolf appliances), bathrooms, and closets designed by Rottet Studio and provided by Falma Italia. The primary bathrooms are equipped with natural stone flooring and walls, plus bespoke bathtubs, mirrors, and light fixtures. Every bedroom in this condo offers a fully finished wardrobe in every bedroom. Finally, select residences will boast a private pool and outdoor kitchen.

The Downsides of Rivage in Bal Harbour

• Only large units: If you want a smaller unit, 1-2 bedrooms in size and below 3000 SF, this is not the project for you. 
• Given its price tag of $4,000 this condo is not for everyone. It is one of Miami’s most exclusive but also one of the most expensive new condos

The Prices at Rivage in Bal Harbour

The average price point per SF at Rivage is around $4,000

• The  A line starts selling from $17M
• The B line starts selling from $16M
• The C-line starts selling from $9M

Please note that the prices mentioned in this article are from May 2024. Due to the dynamic nature of markets and various factors influencing pricing, these prices are subject to rapid change. Therefore, the prices might be outdated at the time you read this article. We recommend checking the latest prices from the respective sources for the most accurate and up-to-date information.

Comparing the Prices of Rivage in Bal Harbour to other Luxury Condos in Miami

Is Rivage worth the price? This question only makes sense when you compare them to other luxury condos that are located on the sand. In the first print screen below, taken from our Condo Geeks software, we show Miami’s most luxurious condos*. With an average asking price of $4,000 per SF, Rivage is competing with the top of the market such as the Surf Club Four Seasons (averaging $4,000 per SF with top sales at over $6,000 per SF)  and Faena (average of $3,600 per SF). Of course, these are average prices, and we need to compare them on a unit-by-unit basis, but it does serve as an initial comparison.

*Prices are taken over 2023/2024

Comparing the Prices of Rivage to other New Construction Condos

Why work with me to buy your pre-construction unit?

As an independent analyst, I have researched, studied, reported, and MOST importantly helped hundreds of buyers purchase new construction and resale Condos for over 15 years. I am available to help, partner, and guide you to the best units without bias. I hold ‘super-broker’ status within the real estate community. In addition, I’m one of the few agents to be hired as a consultant on the development and marketing of four luxury projects over the past five years. I understand intimately the process, strategies, and legalities of new construction. Moreover, I have an insider’s understanding of how they work, advertise, market, legally operate, and sell – both the good and bad! My experience and connections allow me to navigate my way to direct dialogue with the developer on your behalf. Advising, protecting, and executing luxury pre-construction condo deals at the best prices and with the best terms for my clients. My advanced software allows me to provide a clear understanding of new and resale value history to clients. My Top 10 New Construction Condo Rankings enable buyers to see how any new condo stacks up against the competition throughout Miami. Finally, my understanding of project specifics and statistics is unmatched. Want to know more? Call me for an impartial chat at (305) 985-0642 and let me openly and freely share my knowledge with you. You can also email me: David@siddonsgroup.com or register on the Calendly app for a Zoom call.

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