# Il Villaggio

As of 2026-11-01, Il Villaggio in South Beach has 2 units for sale at a median asking price of $3.6M ($2,247/sqft); 2 units sold in the last 12 months.

Il Villaggio is a 17-floor, 120-unit waterfront condominium at 1455 Ocean Dr in South Beach, built in 1998 and sitting in FEMA flood zone AE.

## Key facts

| | |
|---|---|
| Address | 1455 Ocean Dr |
| Neighborhood | South Beach |
| Year built | 1998 |
| Floors | 17 |
| Units | 120 |
| Waterfront | yes |
| Developer | Worldinvest Joint Venture |
| For sale | 2 |
| Pending | 1 |
| Median asking price | $3,595,000 |
| Median asking $/sqft | $2,247/sqft |
| Sold, last 12 months | 2 |
| Median sold $/sqft, 12 months | $1,775/sqft |
| Months of inventory | 12.0 |
| Median HOA | $2,089/mo |
| Parking | valet |

## Own Miami measures

- **own.miami Building Score: 57 (B)**
  - Value: 13 — $2,247/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 50 — Recent price trend
  - Liquidity: 52 — 12.0 months of supply · 59 days on market
  - Health: 89 — Public records checked — no liens, lawsuits or complaints on file
  - Waterfront: 90 — Waterfront building
  - Age: 50 — Built 1998 — vs. South Beach buildings
- **Own Miami Condo Index: 190** (above_market; 100 = the market-median building, 200 = twice its $/sqft; rank 68 of 698 tracked Miami condos)
- Special-assessment outlook: elevated (next structural milestone inspection due 2033)

## Building health (verified public records)

- Public records checked 2026-10-30
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**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.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Il Villaggio](https://own.miami/buildings/il-villaggio/for-sale)
- [Portofino Tower](https://own.miami/buildings/portofino-tower)
- [Murano Grande](https://own.miami/buildings/murano-grande)
- [Absolut](https://own.miami/buildings/absolut)
- [Bentley Beach](https://own.miami/buildings/bentley-beach)

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Source: Own.Miami — https://own.miami · data as of 2026-11-01
Canonical page: https://own.miami/buildings/il-villaggio
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai