Mast Capital and Rockpoint have debuted AVARA Residences, an 8-story development with 178 rental homes at the entrance to Miami Beach. The mid-rise structure is designed by Arquitectonica with interiors by CID Design Group and landscape architecture by Within Hults + Partners. The project, located at 3900 Alton Road, is near the Julia Tuttle Causeway and offers a range of units from junior one-bedrooms to three-bedrooms, as well as penthouses ranging from 560 to 1,410 square feet.
The building features a sculptural façade composed of curving lines, floor-to-ceiling glass, and contemporary massing. Residences feature porcelain plank flooring, flat-panel cabinetry, quartz countertops and backsplashes, and GE stainless steel appliances. Select units are equipped with paneled refrigerators, wine coolers, soaking tubs, motorized shades, and large wraparound terraces overlooking Biscayne Bay, Downtown Miami, and the Miami Beach skyline. Rental rates begin at $3,200 per month.
“AVARA represents a new era of rental living in Miami Beach one where architectural excellence, elevated design, and lifestyle-rich amenities are no longer exclusive to ownership,” said Camilo Miguel, Jr., Founder and CEO of Mast Capital. “We envisioned AVARA as a modern sanctuary that merges the sophistication and service of a high-end condominium with the flexibility of rental living, delivering a product rarely seen in this market. This forward-looking approach reflects how today’s residents aspire to live design-conscious, community-minded, and connected to the vibrancy of their surroundings. We’re proud to introduce a pioneering concept that sets a new benchmark for rental living in Miami Beach.”
Amenities include a second-floor bayfront pool deck with cabanas and an outdoor kitchen with grilling stations. Interior spaces feature a 1,500-square-foot fitness center, a clubroom and game lounge, and a work center with conference rooms and private offices. The community also provides bicycle storage, a dog park and pet spa, and a full-time concierge for resident services.
AVARA is located within close reach of Miami Beach’s cultural, commercial, and recreational destinations, including the Miami Beach Botanical Garden, Lincoln Road, and the South of Fifth neighborhood. The community offers convenient access to Miami International Airport and is positioned near the Design District and Wynwood.
Mast Capital continues to expand its statewide portfolio with acquisitions totaling more than $ 4 billion in project capitalization. The firm is planning over 4,000 new residential units across South Florida and the Fort Myers and Tampa metro areas.
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