Own South Beach

Villa Lucca

1045 Michigan Ave · Built 1940 · 1 floors · 2 residences

Recently sold (1)
For sale
0
0 pending
Sold, 12 months
1
1 recorded sale
Last sale
$621K
Apr 30, 2026
Last sale, per sqft
$828/sqft
$828/sqft sold, 12 mo
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No units for sale right now

1 sold in the last 12 months. Get an email the moment a unit lists here — and our team will reach out so you can move first.

Off-market and pocket listings never hit the portals. Ask us — we know who is thinking of selling.

Villa Lucca is a historic Mission-Style enclave located in South Beach. The property features architectural heritage and is situated just steps from Flamingo Park, as well as local boutiques, shops, and dining.

The building is described as a boutique retreat. The site includes a secure gated parking area and provides a sense of privacy and exclusivity.

Live near more of Miami

What surrounds Villa Lucca: seasonal events, annual programs and lifestyle indexes, measured from the building.

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
60
/ 100
B
own.miami Score

A data-grounded score for Villa Lucca from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value13
$828/sqft — vs. South Beach condos, then all of Miami
Momentum50
Recent price trend
Liquidity94
0.0 months of supply
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront55
Not waterfront
Age6
Built 1940 — vs. South Beach buildings
own.miami Condo Index
111At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#282 of 698 tracked Miami condos
Top 40% by price per sq ft
#53 of 121 in South Beach
Momentum
→ Steady
$828/sqft median ask
Liquidity
Hot
See the full Condo Index →

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Villa Lucca; bars are closings per month.

Not enough closed sales yet for a trend.

Location

Nearby buildings within half a mile.

Building facts

Address
1045 Michigan Ave
Year built
1940
Floors
1
Residences
2
Developer
Nipojeve Llc
Waterfront
No

Amenities

  • · Gated parking

Building rules

Parking
The building features a secure gated parking area.

Special assessments & recertification outlook

Elevated

Public records checked Oct 29, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 1940 — past its first structural milestone; next inspection around 2035

Estimated from Villa Lucca’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 Villa Lucca: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

23Mostly cash
Mortgages recorded, 12 months
0
0 from banks and credit unions · purchases and refinances
Sales bank-financed
—
2 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—

Low confidence — few loans · As of 2026-10-31

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
2.6 ft
Lowest nearby street
1.5 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 0.5 ft above this year’s highest predicted tide (Oct 27, 2026). Tides that run higher than predicted can reach streets this low.

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

When was Villa Lucca built?+

Villa Lucca was built in 1940, 1 stories, 2 residences.

Who developed Villa Lucca?+

Villa Lucca was developed by Nipojeve Llc.

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