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Waterfront · Condominium
$3,795,000$2,448 / sqft

1455 Ocean Dr # 703, Miami Beach FL 33139

2
Bedrooms
3
Bathrooms
1,550 sqft
Interior
1998
Year built
$3,079 / mo
HOA
Condominium
Type

About this home

Rare opportunity to own a completely remodeled, turnkey residence at the prestigious Il Villaggio on iconic Ocean Drive. Designed by renowned interior designer Sofia Joelsson, this sophisticated 2-bedroom, 2.5-bath residence offers 1,550 SF of beautifully curated interiors and breathtaking views of the Atlantic Ocean, Lummus Park and Ocean Drive. Floor-to-ceiling glass fills the home with natural light while showcasing the vibrant beauty of South Beach. Il Villaggio delivers an exceptional oceanfront lifestyle with private beach service, a heated infinity-edge pool, state-of-the-art fitness center, spa, 24-hour security, concierge and valet parking. Ideally located in the heart of Miami Beach, just steps from the beach and surrounded by world-class dining, shopping, nightlife and the celebrated Art Deco District. A truly special opportunity to enjoy refined coastal living at one of Ocean Drive’s most desirable addresses.

Features

  • Built-in Features
  • Other
  • Walk-In Closet(s)
  • Utility Room/Laundry
  • East Of Us1
  • Garden View
  • Pool Area View
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$22,269

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$19,190
HOA
$3,079 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
The Corcoran Group

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.