Il Villaggio Condos For Sale & Rent

Il Villaggio Condo Overview

Il Villaggio is an Ocean Drive condo building at 1455 Ocean Dr in South Beach, Miami Beach. Built in 1998, the 17-story building has 128 residences in a highly walkable beachside location close to the sand, Lummus Park, restaurants, nightlife, and the Art Deco District.

Il Villaggio Condos for Sale

Il Villaggio condos for sale should be reviewed by ocean or park exposure, floor height, balcony position, interior condition, parking, and monthly fees. Because this is a smaller Ocean Drive building, buyers should compare each unit against both lifestyle value and the level of privacy, views, and services offered.

Il Villaggio Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 3-month minimum rental term, and up to 2 rentals per year. Buyers should verify association rules, lease approval timing, fees, and current restrictions before using rental income in their analysis.

Amenities and Building Details

Architectural and ownership notes point to Fullerton Diaz Revuelta, Worldinvest Joint Venture. The building is pet-friendly. Buyers should review building services, security, parking, reserves, insurance considerations, association rules, and monthly fees before comparing values. The sizes of these opulent residences range from approximately 1,370 to 3,212 square feet, ensuring ample space for luxury living. The heated, infinity-edged swimming pool and exclusive beach club with beachside lounges elevate the experience of relaxation and leisure. Fitness enthusiasts will appreciate the state-of-the-art fitness facility, complemented by a rejuvenating sauna and spa. Additional amenities include a recreation room, tennis courts, a clubhouse with a cards and billiards room, a picnic area, upscale restaurants, and more. Additional amenities to review include a beach club, fitness center, gated access, common-area WiFi, steam room and sauna, valet and covered parking, porte cochere entry, heated infinity pool, cabanas, beach lounge, and 24-hour security.

What to Compare Before Buying at Il Villaggio

Compare active condos for sale, active rentals, recent sales, view quality, unit condition, monthly fees, parking, rental rules, pet policy, beach access, and Ocean Drive walkability. It is also useful to compare Il Villaggio South Beach Miami with nearby buildings and area pages such as Miami Beach and 1500 Ocean Drive.

Market Context

Il Villaggio South Beach Miami has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 42 recorded condo sales, or about 5 sales per year. That is a thinner resale sample, so each closed sale should be reviewed closely for condition, view, size, and unusual terms before using it as a benchmark. The busiest year in the series was 2021 with 13 sales, while the quietest was 2018 with 1. Recent completed-year sales volume is below the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Il Villaggio South Beach Miami ranges from about $1,198/sqft to $2,121/sqft, with an average near $1,630/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is lower than the first, moving from $1,687/sqft in 2017 to $1,548/sqft in 2025. The recent completed-year price-per-square-foot average is close to the long-term average. Average closed price over the same completed-year period was about $3,381,476, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Il Villaggio South Beach Miami: 3 Beds and 2 Beds units have the broadest historical comparison set, while 4 Beds+ around $7,825,000 and 3 Beds around $4,102,907 represent the higher average closed-price tiers in the chart data. Because the higher-tier segment has limited observations, it should be treated as directional rather than a standalone pricing rule. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Il Villaggio South Beach Miami also has long-term rental positioning with a 3-month minimum lease and up to 2 rentals per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.