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Buildings/South Beach/IL VILLAGGIO

Ultra Luxury

IL VILLAGGIO

1455 OCEAN DR, Miami Beach 33139

★ 4.2

1998

Year Built

121

Units

CI Score

Strong

For Sale

$2.7M

Avg Price

$1,711

Sale $/SF

For Rent

$12,000

Avg Rent

$7.44

Rent $/SF

+8.7%

YoY

For Sale

For Rent

Investor-Owned

70%

Avg HOA

$2,714/mo

Building Details

Address

1455 OCEAN DR, Miami Beach, 33139

Neighborhood

South Beach

Year Built

1998

Total Units

121

Avg Unit Sqft

1,999 SF

Tier

Ultra Luxury

Avg $/SF

$1,710.99

Avg Rent

$12,000/mo

Rent $/SF

$7.44/SF

HOA Range

$2,714 – $2,714

Google Rating

4.2 (34 reviews)

Neighborhood Rank

Top 100%

Avg Unit Value

$2.8M

Total Sales (All-Time)

421

Investment Analysis

Yield Metrics

Rental Yield (annualized)8.4%

YoY Appreciation+8.7%

Total Yield22.4%

YoY Sale $/SF Change-14.4%

Liquidity & Demand

Closed Sales (120d)1

Days on Market54 days

Months of Inventory12.0

Sale-to-List Ratio1.0%

Price Reduction Rate100%

Investor-Owned70%

For Sale4

For Rent5

Top 100%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$1,711

-10.5%

Rental Price Trend ($/SF)

$10.22

Building Activity

Days on Market

Sales & Listings

Active Listings

For Sale (4)

$1.8M

Unit 1401

1 bd2 ba1,210 sf

$1446/SF23 DOM

$2.0M

1 bd2 ba1,370 sf

$1445/SF206 DOM

$3.5M

2 bd3 ba1,660 sf

$4.3M

Unit 1009

3 bd5 ba2,250 sf

For Rent (5)

$8K

Unit 1211

2 bd2 ba1,370 sf

$6/SF81 DOM

$9K

Unit 1211

1 bd2 ba1,370 sf

$7/SF

$12K

Unit 1106

3 bd3 ba1,780 sf

$7/SF

$15K

2 bd3 ba1,660 sf

$20K

Unit 909

3 bd5 ba2,250 sf

$9/SF28 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Jan 15, 2026	$4.8M	$1,710.99	3/4	2,820
Nov 11, 2025	$2.9M	$1,838.71	2/2	1,550
Sep 12, 2025	$4.1M	$2,661.29	2/2	1,550
Sep 12, 2025	$4.1M	$1,725.94	2/3	2,390
Aug 10, 2025	$4.0M

Units & Ownership

Total Units

121

Avg Sqft

1,999 SF

Avg Assessed

$2.5M

Owner-Occupied

30%

Tax & Ownership

Investor-Owned

70%

Owner-Occupied

30%

Avg Assessed Value

$2.5M

Avg Taxable Value

$2.4M

Effective Year Built

1998

Zoning

6501

Unit Mix

1 BR22

Avg 1,303 SF

2 BR51

Avg 1,876 SF

3 BR42

Avg 2,293 SF

4 BR4

Avg 3,813 SF

5 BR1

Avg 3,970 SF

Unknown1

Unit Directory

Showing 10 of 121 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
503	2	2	1,550	$2.2M	—	$4.1M	$2,661	Sep 2025
510	2	2	1,450	$1.4M	—	$330K	$227	Oct 1998
511	1	1	1,370	$874K	—	$325K	$237	Jul 1999
601	1	1	1,210	$777K	—	$650K	$537	Aug 2019
602	2	2	1,700	$2.0M	—	$2.0M	$1,182	Apr 2017
603	2	2	1,550	$2.2M	—	$2.9M	$1,855	Apr 2024
604	2	2	1,660	$2.7M	✓	$484K	$292	Nov 1998
605	3	4	2,310	$3.6M	—	$3.6M	$1,558	May 2011
606	1	1	1,270	$1.6M	—	$2.0M	$1,575	Jan 2017