About This Condo in Miami Beach, FL
This 2 bedroom, 3 bathroom condo is located in Miami Beach, FL.. The property sold for $6,700,000, placing it in the ultra-luxury segment of the market.
David Caruso's home. CSI Miami actor David Caruso owns a 2 bed/3 bath 7th floor oceanfront unit in the Il Villagio.
Caruso still jointly owns this condo with his ex-wife Margaret Buckley.
Real Estate in Miami Beach, FL
Florida is a popular real estate market known for waterfront properties, resort-style communities, and favorable tax conditions with no state income tax. Miami has become one of the most expensive markets in the country, while Tampa, Orlando, and Jacksonville each offer distinct pricing dynamics and lifestyle options. The state has experienced significant population migration from northern states, driving price appreciation across coastal and inland communities alike.
What Determines Value in the Ultra-luxury Segment
In the ultra-luxury price range where this condo in Miami Beach sits, buyers are typically weighing a specific set of trade-offs. Ultra-luxury real estate operates by different rules than the broader market. Buyers at this price point are generally purchasing on the strength of specific features — waterfront, views, architectural significance, or historical provenance — that cannot be replicated elsewhere, rather than making purely financial decisions.
Properties like this condo in Miami Beach are part of the Housle game database, where players compare real home prices from across America. Understanding what makes each home worth what it sold for — the location within its market, the specific features, the year it was built, and the condition at time of sale — is exactly the kind of knowledge that Housle builds through repeated exposure to real listings.
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