Miami Art Week 2026Upcoming
15 exhibitions within 1 mile
Art Week Score 76 · #8 in South Beach
#8 in South Beach · #8 in Miami
Nearest: Aqua Art Miami, 0.1 mi away
For sale
2
1 pending · 12.0 mo supply
Median asking
$3.6M
from $3.4M
Median $/sqft
$2,247/sqft
$1,775/sqft sold, 12 mo
Days on market
60
218 to sell · 2 in 12 mo
Il Villaggio is a waterfront condominium on Ocean Dr in South Beach, with 120 residences across 17 floors, completed in 1998. The recorded condominium name with the Property Appraiser is Il Villaggio on South Beach Condo.
The building is in FEMA zone AE, part of the Special Flood Hazard Area, where FEMA maps a 1% yearly chance of flooding and lenders require flood insurance for federally backed or regulated mortgages. It is also in Miami-Dade hurricane evacuation zone B. The lowest street beside the building is 5 ft above the highest tide predicted for 2026 at Virginia Key.
Two active tower construction sites are within 1 km, one of them within 500 m, which can mean noise and traffic while work continues and can change views. The Car-Free Index is 0, and the nearest Publix is 1350 m away in a straight line, about 0.8 miles.
On the 2025 tax roll, 30% of units carry a homestead exemption and 23% are owned by a company or trust. Miami-Dade Clerk records show 3 resale deeds in the 12 months to October 21, 2026.
Live near more of Miami
What surrounds Il Villaggio: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
46 / 100
Nearest Publix: Publix at Publix Super Market, 0.8 mi
#127 in South Beach · #501 in Miami
Excellent urban planning.
3 Publix stores nearby
Crane IndexLive now
Tower sites within 1 km: 2
Within 500 m: 1 · within 250 m: 0
Nearest tower site: Ritz-Carlton Residences South Beach, 0.3 mi
2 tower sites nearby
Distances are straight-line, not walking or driving.
Getting around
South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
57
/ 100
B
own.miami Score
A data-grounded score for Il Villaggio from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value13
$2,247/sqft — vs. South Beach condos, then all of Miami
Momentum50
Recent price trend
Liquidity52
12.0 months of supply · 59 days on market
Health89
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age50
Built 1998 — vs. South Beach buildings
own.miami Condo Index
190Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#68 of 698 tracked Miami condos
Top 10% by price per sq ft
#14 of 121 in South Beach
Momentum
→ Steady
$2,247/sqft median ask
Liquidity
Balanced
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Inventory
$3,795,000$2,448/sqft
2 bd · 2.5 ba · 1,550 sqft
1455 Ocean Dr #703
Listing courtesy of The Corcoran Group, Taylor Richardson (Lic. #3410028) · MLS #A12056836
$3,395,000$2,045/sqft
2 bd · 2.5 ba · 1,660 sqft
1455 Ocean Dr #904
Listing courtesy of London Foster Realty, Dianne Slipman (Lic. #3116603) · MLS #A12047089
Sold $/sqft trend
3-month rolling median of closed sales in Il Villaggio; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 1455 Ocean Dr
- Year built
- 1998
- Floors
- 17
- Residences
- 120
- Developer
- Worldinvest Joint Venture
- Waterfront
- Yes
Amenities
- · Pool
- · Fitness center
- · Concierge
- · Valet
- · 24-hour security
- · Beach service
Building rules
- Parking
- valet
Special assessments & recertification outlook
ElevatedPublic records checked Oct 30, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
- Built 1998 — past its first structural milestone; next inspection around 2033
Estimated from Il Villaggio’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Il Villaggio: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
No bank mortgages recorded here in the last two years. That is not a verdict on the building — many condos trade for cash — only the absence of a signal.
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 8.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 8.9 ft
- Lowest nearby street
- 6.0 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 5.0 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR1S023623 · Approved,Delinquent. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Il Villaggio cost?+
There are 2 condos for sale at Il Villaggio, from $3,395,000, with a median asking price of $3,595,000 ($2,247/sqft).
How much are the HOA fees at Il Villaggio?+
HOA / maintenance fees at Il Villaggio run around $2,089 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Is Il Villaggio a waterfront building?+
Yes — Il Villaggio is a waterfront building (South Beach).
When was Il Villaggio built?+
Il Villaggio was built in 1998, 17 stories, 120 residences.
Who developed Il Villaggio?+
Il Villaggio was developed by Worldinvest Joint Venture.
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