All listings
Active
Active1 / 40
Photo 1 of 40
Waterfront · Condominium
$3,795,000$2,448 / sqft
1455 Ocean Dr # 703, Miami Beach FL 33139
Listed
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
Leasing
- Minimum lease
- 90 days
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,500–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.