Altos Del Mar No 3 Homes with Flat Roof

Altos Del Mar No 3 Homes with Flat Roof

Welcome to Altos Del Mar No 3, a hidden gem nestled in the vibrant heart of Miami Beach, Florida. This exclusive subdivision is renowned for its stunning homes and idyllic coastal living, making it a coveted destination for those seeking a luxurious lifestyle. Situated in the picturesque Miami-Dade County, Altos Del Mar No 3 combines the tranquility of suburban life with the vibrant energy of the city, offering residents the best of both worlds.

One of the standout features of this community is its architectural charm, particularly the homes adorned with flat roofs. This modern design not only enhances the aesthetic appeal of the neighborhood but also provides a unique canvas for outdoor living spaces. Imagine enjoying sunset views from your rooftop terrace or hosting summer barbecues in your spacious backyard—these homes are designed for both relaxation and entertainment.

Living in Altos Del Mar No 3 means embracing a lifestyle enriched by the nearby pristine beaches, upscale dining, and boutique shopping. Residents can enjoy leisurely strolls along the picturesque coastal paths or take advantage of the vibrant nightlife that Miami Beach is famous for. With its proximity to top-rated schools and lush parks, families will find the perfect balance between leisure and convenience.

In Altos Del Mar No 3, every day feels like a vacation. Whether you’re looking for a serene retreat or an active community, this subdivision offers an unparalleled living experience. Discover your dream home in this charming enclave and immerse yourself in the beauty and excitement of Miami Beach!

Newest Altos Del Mar No 3 Homes with Flat Roof

$7,999,900
A12019182 MLS
A fully operational 25-unit hospitality compound, 12 hotel keys (apartment size) + 13 residences, generating $1M+ in gross annual revenue with a 5.13% cap rate and $436,287 current NOI. Three renovated two-story towers on a 16,950 SF lot, three blocks from the Atlantic Ocean and one block from Collins Ave. Every unit is designer-finished with quartz countertops, rainfall showers, smart entry, and full kitchens. Amenities include a resort-style pool deck, fitness center, game room, kids' lounge, and tropical grounds, rare for North Beach at this price point. The numbers speak clearly: 50% LTV financing, $113,970 annual cash flow after debt service, a projected 10.79% levered IRR, 2.57x equity multiple, and $7M+ in profit over a 10-year hold. Four exit strategies — redevelop, rebrand, hold, or resell — with no capital restructuring required. Miami Beach's stringent STR licensing creates a structural moat that new entrants cannot easily replicate. Prime location. Proven revenue. Real optionality. This is the kind of asset North Beach simply doesn't offer twice. The owner is willing to continue operating the property for up to six months for a management fee of 10% of gross rental revenue, allowing the new owner time to learn the business and either transition to a new property manager or assume operations directly. The owner is willing to continue operating the property for up to six months for a management fee of 10% of gross rental revenue, allowing the new owner time to learn the business and either transition to a new property manager or assume operations directly.

7830 Abbott Avenue, Miami Beach

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