See This Newly Built Tropical Modern Oasis You Can Rent For $8,500 Per Month In Coconut Grove

Be the first to live in this recently completed luxury townhome in the hot neighborhood of West Coconut Grove. The recently completed 3162 Plaza Street at Casa Azzura Coconut Grove is move-in ready and one of the only new construction townhomes ready to welcome its first residents, listed for $8,500 per month with ALTARA Properties. The residence is both walking distance to Downtown Coconut Grove as well as close to both Douglas Station and Merrick Park.

3162 Plaza Street at Casa Azzura Coconut Grove is a tropical modern new construction luxury townhome designed by renowned Venezuelan-architect Mario Bocaranda inCoconut Grove. The 3 bedroom residence spans 2,500 SF complete with 3 en-suite bedrooms with walk-in closets and two half-baths. The oversized master suite features a luxurious master-bathroom and private baloney. Outside features a lushly landscaped outdoor oasis featuring a plunge pool, cabana bath and summer kitchen.

One of Miami’s most historic and beautiful neighborhoods, the lush bayside community of Coconut Grove is known for its tropical vibe full of banyan trees, palms and live oaks mingle along quiet residential streets, and peacocks roam wild. Hugging the shoreline of Biscayne Bay, Coconut Grove is an upscale, leafy neighborhood with relaxed sidewalk cafes and chic shops in and around the newly redeveloped CocoWalk mall.

3162 Plaza Street is move-in ready and is listed for $8,500 per month (landlord pays pool maintenance and landscaping) with Demetri Demascus of ALTARA Properties. The MLS number is A11600803. For more information please visit www.azzuramiami.com or email d@altaraproperties.com.

For more information about Casa Azzura Coconut Grove, private showings or leasing information please fill out the form below:

Check Out This Two-Bedroom Condo For Under $800K In Brickell

Water views and a life of luxury right in the heart of Brickell can be yours for under $800K. Located at 500 Brickell Ave., Unit 3505 is a beautiful corner unit offering 2-bedrooms and 2-bathrooms spread over 1,124 SF. The property is listed for $789K, with Thierry Richard of ALTARA Properties. The spacious unit 3505 features stunning views of the Miami River and the city skyline. Modern design with porcelain tile floors, walking closets, and stainless steel kitchen appliances Floor-to-ceiling windows. The residence also comes with its own parking spot in the building.

Amenities at 500 Brickell Ave. includes two pools, one on the amenity deck and one on the rooftop, a premium fitness center, a theater room, and a business center, and a Spa complete with hot tubs, sauna and steam rooms. The building is walking distance from Brickell City Centers, shops, restaurants, and bars, and just minutes from Downtown Miami and South Beach, this condo offers the perfect blend of luxury and convenience.

Images via ALTARA and Thierry Richard Inc.

FEATURED LISTING: Check Out This New Construction Coconut Grove Townhome Asking$1.75 Million

Casa Azzura Coconut Grove, a newly completed luxury tropical modern townhome development designed by renowned Venezuelan-architect Mario Bocaranda in Miami’s hot West Grove section of Coconut Grove, has just dropped the asking price to $1.75 million for 3162 Plaza Street. Sales are overseen by ALTARA Properties which is led by PROFILEmiami co-founder Demetri Demascus.

Each residence features 3 bedrooms, 3 full-bathrooms and two half-baths spread over 2,500 SF. The luxurious homes feature a large open modern floor plan with glass sliders emphasizing indoor-outdoor living. High ceilings offer plenty of space and comfort. Each unit features a gourmet kitchen with high-end finishes, top of the line-stainless appliances and quartz countertops. Upstairs offers three en-suite bedrooms including a lavish master suite with a large walk-through closet and luxurious master bath with freestanding soak-in tub. The lushly landscaped outdoors features a plunge pool, covered terrace with barbecue and cabana bath.

One of Miami’s most historic and beautiful neighborhoods, the lush bayside community of Coconut Grove is known for its tropical vibe full of banyan trees, palms and live oaks mingle along quiet residential streets, and peacocks roam wild. Hugging the shoreline of Biscayne Bay, Coconut Grove is an upscale, leafy neighborhood with relaxed sidewalk cafes and chic shops in and around the newly redeveloped CocoWalk mall.

Casa Azzura is located at 3162 Plaza St. and 3164 Plaza St. Units are priced at $2 million each with sales and marketing for Casa Azzura Coconut Grove is being represented by Demetri Demascus of ALTARA Properties. For more information please visit www.azzuramiami.com or email d@altaraproperties.com.

Check Out This Designer-Decorated Miami Shores Villa Asking $2.195 Million

A designer-decorated villa has just hit the market asking $2.195 million in the charming, in-demand neighborhood of Miami Shores. The well-appointed home is located at 530 NE 96th Street and is exclusively listed with ALTARA short-term rental and development sales expert Connor Hawk Wade of ALTARA Properties.

The villa is a 5 bedroom, 4 bathroom home spread over 2,909 SF in the charming neighborhood of Miami Shores. The well-appointed 2-story home features a designer decorated patio, heated pool and spa surrounded by lush landscaping. The residence was built in 2005 and features a large driveway entrance with parking for 3 cars and a converted garage, high ceilings, marble floors, and exquisite details. The light-filled kitchen features wood cabinets and granite countertops with stainless steel. The master bedroom features a large corner balcony that faces the pool with private balcony.

530 NE 96th Street is walking distance to the Miami Shores Country Club, water park, library, downtown and award winning recreational center filled with kids activities. Located just minutes from Country Day and other excellent schools. Miami Shores is located just North of Miami's Little River and Upper East Side neighborhoods. Miami Shores offers small-town charm with close proximity to Miami’s urban center. The lush, residential village, located just six miles from Miami Beach, is a bastion of Art Deco, Mediterranean Revival and Miami Modern (MiMo) architecture.

Developed in the 1920s as one of Miami’s original neighborhoods, Miami Shores offers vistas of Biscayne Bay, quaint churches, tranquil parks and wide, tree-lined streets. Miami Shores Village is a recently renovated shopping district with an assortment of bars, boutiques, markets and homegrown eateries serving staples such as sushi, pizza and sweets. Miami Shores is home to Miami Shores Country Club, a public golf course designed by Donald Ross and residents of Miami Shores also have access to Miami Shores Water Park and Library.

To set up a showing for 530 NE 96th Street contact Connor Hawk Wade of ALTARA Properties at 856-745-1431 or cwade@altaraproperties.com.

Check Out This Recently Completed Tropical Modern Townhome In Coconut Grove Asking $2 Million

The neighborhood of West Coconut Grove has seen a rush of new development transform the sleepy neighborhood into a tropical modern townhome oasis. The recently completed 3162 Plaza Street at Casa Azzura Coconut Grove is move-in ready and one of the only new construction townhomes ready to welcome its first residents, listed for $2 million with ALTARA Properties. The residence is both walking distance to Downtown Coconut Grove as well as close to both Douglas Station and Merrick Park.

3162 Plaza Street at Casa Azzura Coconut Grove is a tropical modern new construction luxury townhome designed by renowned Venezuelan-architect Mario Bocaranda inCoconut Grove. The 3 bedroom residence spans 2,500 SF complete with 3 en-suite bedrooms with walk-in closets and two half-baths. The oversized master suite features a luxurious master-bathroom and private baloney. Outside features a lushly landscaped outdoor oasis featuring a plunge pool, cabana bath and summer kitchen.

One of Miami’s most historic and beautiful neighborhoods, the lush bayside community of Coconut Grove is known for its tropical vibe full of banyan trees, palms and live oaks mingle along quiet residential streets, and peacocks roam wild. Hugging the shoreline of Biscayne Bay, Coconut Grove is an upscale, leafy neighborhood with relaxed sidewalk cafes and chic shops in and around the newly redeveloped CocoWalk mall.

3162 Plaza Street is move-in ready and is listed for $2 million with Demetri Demascus of ALTARA Properties. The MLS number is A11346263. For more information please visit www.azzuramiami.com or email d@altaraproperties.com.

For more information about Casa Azzura Coconut Grove, private showings or purchasing/ leasing information please fill out the form below:

ALTARA Properties Launches Sales Of Newly Completed Casa Azzura Luxury Townhomes In Coconut Grove

ALTARA Properties has launched sales of Casa Azzura Coconut Grove, a newly completed luxury tropical modern townhome development designed by renowned Venezuelan-architect Mario Bocaranda in Miami’s hot West Grove section of Coconut Grove. The new construction residences are available for purchase and are priced at $2 million per unit. Sales are overseen by ALTARA Properties which is led by PROFILEmiami co-founder Demetri Demascus.

Each residence features 3 bedrooms, 3 full-bathrooms and two half-baths spread over 2,500 SF. The luxurious homes feature a large open modern floor plan with glass sliders emphasizing indoor-outdoor living. High ceilings offer plenty of space and comfort. Each unit features a gourmet kitchen with high-end finishes, top of the line-stainless appliances and quartz countertops. Upstairs offers three en-suite bedrooms including a lavish master suite with a large walk-through closet and luxurious master bath with freestanding soak-in tub. The lushly landscaped outdoors features a plunge pool, covered terrace with barbecue and cabana bath.

One of Miami’s most historic and beautiful neighborhoods, the lush bayside community of Coconut Grove is known for its tropical vibe full of banyan trees, palms and live oaks mingle along quiet residential streets, and peacocks roam wild. Hugging the shoreline of Biscayne Bay, Coconut Grove is an upscale, leafy neighborhood with relaxed sidewalk cafes and chic shops in and around the newly redeveloped CocoWalk mall.

Casa Azzura is located at 3162 Plaza St. and 3164 Plaza St. Units are priced at $2 million each with sales and marketing for Casa Azzura Coconut Grove is being represented by Demetri Demascus of ALTARA Properties. For more information please visit www.azzuramiami.com or email d@altaraproperties.com.

3162 Plaza

3164 Plaza

For more information about Casa Azzura Coconut Grove, private showings or purchasing/ leasing information please fill out the form below:

PROFILE Guide: A Beginner's Guide To 1031 Exchanges

"In this world, nothing is certain except death and taxes," as the famous quote by Benjamin Franklin goes. But what if we told you that there's a way to potentially defer paying those pesky capital gains taxes on the sale of an investment or business property? Enter the 1031 exchange, also known as a like-kind exchange or a Starker exchange.

So, what exactly is a 1031 exchange and how does it work? Simply put, it's a tax-deferred exchange of investment or business property that allows you to sell a property, reinvest the proceeds in a new property, and defer paying capital gains taxes on the transaction. This means that you can potentially save a significant amount of money on your investments.

To qualify for a 1031 exchange, the properties being exchanged must be of "like-kind," meaning they must be similar in nature or character, even if they are not exactly the same. For example, a rental property could be exchanged for a commercial property, or a vacation home could be exchanged for an investment property.

There are a few important rules to keep in mind when conducting a 1031 exchange:

1. The exchange must be made for business or investment purposes, not for personal use.

2. Both the original property and the new property must be held for productive use in a trade or business or for investment.

3. The properties being exchanged must be of "like-kind," as described above.

4. The exchange must be completed within specific time limits. The investor must identify the new property within 45 days of the sale of the original property, and the exchange must be completed within 180 days of the sale of the original property.

5. The exchange must be conducted through a qualified intermediary, a third party who holds the proceeds from the sale of the original property until they are reinvested in the new property.

6. The investor must not receive any cash or other personal benefits from the exchange.

So, if you're looking to potentially save money on your investments and reduce the impact of taxes, a 1031 exchange may be worth considering. You can partner with a real estate broker to help you navigate the acquisition and disposition of assets: Just be sure to carefully review the rules and requirements and seek the advice of a qualified professional, such as a tax lawyer or CPA, before proceeding.

Check Out The Views From This Bayfront Sky Residence at One Paraiso Asking $1.925 Million

There is nothing like the Biscayne Bay views from ONE Paraiso, the premier luxury waterfront tower in Edgewater’s Paraiso District. Unit 3701 is a luxurious bay front sky-residence which recently hit the market for $1,9250,000 listed with Scott Lawrence Porter of ALTARA Properties. The residence offers unmatchable views of Biscayne Bay which perfectly illustrates the lifestyle of Miami.

This high floor corner unit is perched high above Biscayne Bay, offering memorizing sunrises and sunsets from a double exposure living room. The residence also features an oversized balcony overlooking the bay and an additional sunset balcony. The master bedroom encompasses nearly 1,000 SF with walk in closets, balcony access, and a stand up shower and soaking tub. Amenities at ONE Paraiso are true resort style living with multiple private pools, tennis courts, bay front lounge, and a full spa. Enjoy meals at Amara restaurant by Michael Schwartz next door.

ONE Paraiso 3701, 3131 NE 7th Ave., Miami, FL is currently listed for $1,925,000 with Scott Lawrence Porter of ALTARA Properties who can be reached at 631-903-2511 or scott@scottlawrenceporter.com.

Images via Lifestyle Production Group

Sky-High Penthouse At PARAMOUNT Miami Worldcenter Rents For Record $36K /Mo., Going From Contract To Lease In 24 Hours

Want to get a pulse on Miami’s ultra-luxury real estate market? A one-of-a-kind sky-high duplex penthouse in Downtown Miami’s PARAMOUNT Miami Worldcenter has leased for a record $36,000 per month, going from contract to lease in just 24 hours. The residence hit the market recently asking $40,000 per month, listed with Scott Lawrence Porter of ALTARA Properties. The lease is the most expensive lease ever signed in PARAMOUNT Miami Worldcenter and among one of the most expensive leases in Downtown Miami. The same week Porter also oversaw the lease of PARAMOUNT Miami Worldcenter Unit 3508, a 1,489 SF 2 bedroom residence, for $7,750. ALTARA Properties has now overseen over $2+ million of leases in summer 2022.

The show stopping PH4611 features a brand new buildout which is nearly complete and encompasses 3,995 SF spread over 4 bedrooms and 5.5 bathrooms. Penthouse 4611 offers residents picturesque sunrise and sunset views overlooking all of Brickell and Downtown Miami from nearly every room. Downstairs features direct elevator entry into a private foyer, movie theater, double height ceilings in the living room, gourmet kitchen and staff quarters with private entrance. Upstairs the master-bedroom offers direct bay views with a dropdown TV and a luxurious master-bath with built-in deep soaking tub and marble shower.The residence has never been lived in and is fully furnished with brand new top of the line furniture from select local retailers and all TV's are curved and frame televisions.

Residents will not only enjoy a never before lived in unit but also the lavish amenities at PARAMOUNT Miami WorldCenter. The tower has made international headlines with its Upper Deck which is the largest amenity deck in the U.S., spanning four acres, positioned 90’ above downtown Miami which features an extraordinary array of action-packed luxury amenities. PARAMOUNT Miami Worldcenter is the most amenitized building in the country, with access to 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio and much more.

ALTARA Properties is a full service real estate company led by Managing Broker Demetri Demascus, who is also co-founder of PROFILEmiami. ALTARA Properties offers both residential and commercial brokerage and marketing services across South Florida with in-house PR, branding and marketing offered to all agents. ALTARA Properties has over $40+ million in closed transactions since launching in early 2022.

Images via ALTARA Properties, Scott Lawrence Porter & Juliano Photo

Step Inside A Sky-High Ultra-Luxe Penthouse At PARAMOUNT Miami Worldcenter For Rent Asking $40K Per Month

A one-of-a-kind sky-high duplex penthouse in Downtown Miami’s PARAMOUNT Miami WorldCenter has hit the market asking $40,000 per month. The show stopping unit features a brand new buildout which is nearly complete and encompasses 3,995 SF spread over 4 bedrooms and 5.5 bathrooms. Penthouse 4611 offers residents picturesque sunrise and sunset views overlooking all of Brickell and Downtown Miami from nearly every room. Downstairs features direct elevator entry into a private foyer, movie theater, double height ceilings in the living room, gourmet kitchen and staff quarters with private entrance. Upstairs the master-bedroom offers direct bay views with a dropdown TV and a luxurious master-bath with built-in deep soaking tub and marble shower.The residence has never been lived in and is fully furnished with brand new top of the line furniture from select local retailers and all TV's are curved and frame televisions.

Residents will not only enjoy a never before lived in unit but also the lavish amenities at PARAMOUNT Miami WorldCenter. The tower has made international headlines with its Upper Deck which is the largest amenity deck in the U.S., spanning four acres, positioned 90’ above downtown Miami which features an extraordinary array of action-packed luxury amenities. PARAMOUNT Miami Worldcenter is the most amenitized building in the country, with access to 46 different amenities such as 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room and recording studio and much more.

PARAMOUNT Miami Worldcenter PH4611, 851 NE 1st Ave., Miami, FL is currently listed for lease for $40,000 per month by Scott Lawrence Porter of ALTARA Properties.

Images via ALTARA Properties, Scott Lawrence Porter & Juliano Photo