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Waterfront · Condominium
$3,500,000$2,108 / sqft
1455 Ocean Dr # 904, Miami Beach FL 33139
Listed
2
Bedrooms
3
Bathrooms
1,660 sqft
Interior
1998
Year built
$1,099 / mo
HOA
Condominium
Type
About this home
Opportunity to own one of the most coveted 04-line residences in reimagined Il Villaggio. This south-facing home offers a sprawling oceanfront balcony with unobstructed views of Lummus Park, Ocean Drive, and the Atlantic. Renovated with an open kitchen and private elevator entry, the residence bathes in natural light. The primary suite enjoys direct balcony access, while the guest suite features a private terrace. Beautifully furnished and move-in ready, this home epitomizes refined coastal living. Il Villaggio is a premier full-service building offering 24-hour concierge, beach service Also available for lease annually @ $18k per month or 6 months at $20k.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Walk-In Closet(s)
- Utility Room/Laundry
- Barbeque
- Open Balcony
- Ocean View
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 3
- Ok To Lease
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.