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Il Villaggio

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Neighborhood: South Beach

Year Built: 1998

# Units: 127

# Floors: 17

# Parking Levels: 3

ROSS100 Condo Index Ranking +

16

out of 100

COST RATING: +

3.74out of 5

LIFESTYLE RATING: +

3.92 out of 5

Ross’s Comments – What you Need to Know about Il Villaggio

Located directly on the beach and 14th Street in the heart of South Beach, Il Villaggio is considered to be one of the most premium locations in Miami Beach.

Although in the heart of the action, this building has several layers of security not only with cameras, security gates and private elevators, but there is also a guard gate to clear before you may access the building.

Except for Tower Suites 01 and 11 on the west side of the building,, all of the units offer either a partial or direct beach and ocean views.

The NE and SE corners, Tower Suites 05 and 09, are some of the most sought after 3 bedroom units in the South Beach luxury condo buildings.

While Il Villaggio has a smallish pool and fitness center, it more than makes up for with it’s superb location, privacy, security, and beach service for its residents.

BUILDING QUALITY +

MANAGEMENT +

LOCATION +

RENT FRIENDLY +

ACCESSIBILITY +

FINANCING +

DESIGN & EFFICIENCY +

AMENITIES +

WALKABILITY +

PET FRIENDLY +

PARKING +

SECURITY +

RECENT PRICE/SQ FT $1,613

RECENT PRICE/M² $17,362   

MAINTENANCE COST/SQ FT $1.00 – $1.49

2 BEDROOM PRICE RANGE (2014-2015) $1,800,000 – $2,850,000

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UNIT SIZES  1,210 – 5,700 sq. ft (112 – 530 m²)

UNIT TYPES  1, 2 and 3 bedrooms

# OF UNITS  127

# OF FLOORS  17

# OF PARKING LEVELS 3

ARCHITECT  Fullerton Diaz Revuelta, Inc.

DEVELOPER  Worldinvest Joint Venture

PET POLICY  1 pet, weight and other restrictions apply (5o lbs dog, 10 lbs cat)

24-hour concierge, valet & security

Beautiful four-story glass and marble lobby

Heated, infinity-edge swimming pool and sauna

Beach lounges with towel service

Fully-equipped fitness center

Ocean Lounge for cards, billiards, social functions and meetings

Courtyard Lounge set in lush, tropical landscape

Picnic area with commercial grade kitchen & cooking equipment

SOUTH BEACH

South Beach, also known as SoBe, is a neighborhood within the city of Miami Beach. It is the area south of Indian Creek and encompasses roughly the southernmost 23 blocks of the main barrier island that separates the Atlantic Ocean and Biscayne Bay. This area was the first section of Miami Beach to be developed, starting in the 1910′s, due to the development efforts of Carl G. Fisher, the Lummus Brothers, and John S. Collins.

During the 1960′s, South Beach became even more famous when Jackie Gleason brought his weekly variety series, The Jackie Gleason Show to the area. Beginning in the late 1970′s and continuing through the 1980′s, South Beach was used as a retirement community with most of its ocean-front hotels and apartment buildings filled with elderly people living on small, fixed incomes. This period also saw the introduction of the “cocaine cowboys,” drug dealers who used the area as a base for their illicit drug activities. The movie “Scarface“, released in 1983, typifies this activity. In addition, the television show Miami Vice used South Beach as a backdrop for much of its filming because of the area’s raw and unique visual beauty.

The area has gone through numerous artificial and natural changes over the years, including a booming regional economy, increased tourism, and the 1926 hurricane, which destroyed much of the area. The South Beach section of Miami Beach is a major entertainment destination with hundreds of nightclubs, restaurants, boutiques and hotels. The area is popular with both American and international tourists, with many having permanent or second homes.

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