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Waterfront · Condominium
$3,990,000$1,773 / sqft
1455 Ocean Dr # 1009, Miami Beach FL 33139
Listed
3
Bedrooms
5
Bathrooms
2,250 sqft
Interior
1998
Year built
$4,456 / mo
HOA
Condominium
Type
About this home
Il Villaggio unit 1009 is a sophisticated, northeast corner residence in one of South Beach's most iconic luxury oceanfront condominiums. This spacious 3-bedroom home features floor-to-ceiling windows, Italian cabinetry, and high-end Sub-Zero and Miele appliances, offering breathtaking postcard views of the Atlantic Ocean and Miami skyline. Residents enjoy private elevator access, wraparound balconies, and a host of resort-style amenities, including a newly renovated pool, state-of-the-art fitness center, private beach service, and attentive concierge and valet staff. The building provides a boutique, white-glove experience with 24-hour security, doorman, and exclusive social events such as hosted Sunday brunches and daily coffee service. Ideally located in the heart of Miami Beach, Il Villaggio is steps from world-class dining, shopping, and entertainment, making it the perfect place to experience the vibrant South Beach lifestyle in privacy and luxury.
Features
- First Floor Entry
- Closet Cabinetry
- Cooking Island
- Walk-In Closet(s)
- Open Balcony
- Direct Ocean
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 4
- 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 3-bed rentals in Miami Beach, from 103 active listings; the middle half ask $9,500–$39,200.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.