# Villa Regina

As of 2026-10-27, Villa Regina in Brickell has 3 units for sale at a median asking price of $1.33M ($629/sqft); 12 units sold in the last 12 months.

Villa Regina is an iconic, full-service waterfront condominium in the Brickell area of Miami.

## Key facts

| | |
|---|---|
| Address | 1581 Brickell Ave |
| Neighborhood | Brickell |
| Year built | 1982 |
| Floors | 31 |
| Units | 200 |
| Waterfront | yes |
| Developer | Villa Regina, A Joint Venture |
| For sale | 3 |
| Pending | 2 |
| Median asking price | $1,335,000 |
| Median asking $/sqft | $629/sqft |
| Sold, last 12 months | 12 |
| Median sold $/sqft, 12 months | $578/sqft |
| Months of inventory | 3.0 |
| Median HOA | $2,417/mo |
| Parking | The building offers assigned covered parking spaces and provides free valet parking for guests. |

## Own Miami measures

- **own.miami Building Score: 61 (B)**
  - Value: 33 — $629/sqft — vs. Brickell condos, then all of Miami
  - Momentum: 84 — +16.1% $/sqft over 6 months
  - Liquidity: 55 — 3.0 months of supply · 187 days on market
  - Health: 79 — 3 verified records: Recertification not approved (2022 cycle)
  - Waterfront: 90 — Waterfront building
  - Age: 18 — Built 1982 — vs. Brickell buildings
- **Own Miami Condo Index: 91** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 422 of 698 tracked Miami condos)
- **Financeability Index: 80** (strong; 12-month window, 14 recorded mortgages, 63% of sales bank-financed, lowest down payment 9.6%, as of 2026-11-01)
- Special-assessment outlook: elevated (next structural milestone inspection due 2027)

## Building health (verified public records)

- Public records checked 2026-11-01
- positive: Bank financing — Regulated lenders recorded 12 purchase or refinance loans on this building in the last 12 months, financing 63% of its recorded sales, and accepted a down payment as low as 9.6%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 80/100. (2026-11-01)
- positive: No special assessment — noted on 2 listings (2026-06-24)
- elevated: Recertification not approved (2022 cycle) — The 2022 40-year recertification is still pending with the City of Miami (plan status: in review). (2023-12-01)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months) (2026-09-17)

## Frequently asked questions

**How much do condos at Villa Regina cost?**

There are 3 condos for sale at Villa Regina, from $1,196,000, with a median asking price of $1,335,000 ($629/sqft).

**How much are the HOA fees at Villa Regina?**

HOA / maintenance fees at Villa Regina run around $2,417 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 Villa Regina a waterfront building?**

Yes — Villa Regina is a waterfront building (Brickell).

**When was Villa Regina built?**

Villa Regina was built in 1982, 31 stories, 200 residences.

**Who developed Villa Regina?**

Villa Regina was developed by Villa Regina, A Joint Venture.

## Sources

- City of Miami building recertification records: https://datahub-miamigis.opendata.arcgis.com/datasets/40-year-recertification

## Related pages

- [Brickell — neighborhood guide](https://own.miami/brickell)
- [All units for sale at Villa Regina](https://own.miami/buildings/villa-regina/for-sale)
- [Brickell Key I](https://own.miami/buildings/brickell-key-one)
- [Brickell Key II](https://own.miami/buildings/brickell-key-ii)
- [Brickell Place Tower A](https://own.miami/buildings/brickell-place-tower-a)
- [Brickell Bay Club](https://own.miami/buildings/brickell-bay-club)

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Source: Own.Miami — https://own.miami · data as of 2026-10-27
Canonical page: https://own.miami/buildings/villa-regina
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