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1005 8th Street 206, Miami Beach, FL 33139
Active
8 Days on Market
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$720,000

1005 8th Street 206

Miami Beach, FL 33139

MAGNOLIA CONDO

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

How this price compares

List price
$720,000
Price per sq ft
$649
Vs. nearby sales
25.5% above
Days on market
8

This 2-bedroom condo in ZIP 33139 is listed at $720,000, or $649 per square foot. The asking price has come down 4% from its original $750,000. It has been on the market for 8 days. The 6 most recent condo sales in the closings shown below sold at a median of $517 per square foot, so the asking price is 25.5% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,110
Living Sq Ft
1997
Year Built

Estimated monthly payment

$3,784 /mo

Principal and interest only, based on $144,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,050/mo HOA are not included.

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Listing Snapshot

Price
$720,000
Days on Site
8 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,110 sqft
Total Sq Ft
1,110 sqft
Year Built
1997
Property Type
Condo
MLS #
A12089311
Property Tax
$10,195 (2025)
HOA Fees
$1,050 / Monthly
Subdivision
MAGNOLIA CONDO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Discover the charm of South Beach living in this light-filled 2-bedroom, 2-bathroom corner residence at the boutique Magnolia Condominium. This move-in-ready home features an open-concept living space with hardwood floors, hurricane-impact windows, and three private balconies, including a spacious terrace off the living room perfect for indoor-outdoor living. The split-level floor plan offers added privacy, with the primary suite located upstairs and featuring a walk-in closet. Additional highlights include an ADT security system, assigned parking in a secured covered garage, and gated building entry. Recent updates include a new A/C and washer/dryer (2024) and water heater (2022). Surrounded by lush greenery, this residence offers a rare sense of tranquility while being moments from the best of South Beach. Perfect as a full-time residence, vacation retreat, or investment opportunity.

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General Features

Property Type
Condo
Status
Active
Year Built
1997
Property Condition
Resale
Number of Stories
4
Levels
Multi Split
Garage Spaces
1
Attached Garage
Yes
Parking
Assigned / Attached / Covered / Garage / Garage Door Opener
Living Sq Ft
1,110
Total Sq Ft
1,110

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Washer
Cooling
Central Air / Ceiling Fans / Electric
Heating
Central / Electric
Flooring
Tile / Wood
Interior Features
Eat In Kitchen / Family Dining Room / Tub Shower / Upper Level Primary / Walk In Closets
Windows
Blinds

Exterior Features

Construction
Block
Exterior Features
Balcony / Courtyard / Outdoor Living Area
Architectural Style
Split Level
Patio & Porch
Open / Balcony
View
Garden

Community & HOA

HOA Fee
$1,050 / Monthly
HOA Includes
Insurance / Maintenance Structure / Reserve Fund / Sewer / Water
Association Amenities
None
Security
Secured Garage Parking / Phone Entry / Security Fence
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease
MLS Area
2420

Schools

Elementary School
Miami Beach South Pointe
Middle School
Miami Beach Nautilus
High School
Miami Beach

Browse Miami Beach homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
2,673
Median List Price
$650,000
Median $/Sq Ft
$689
Avg Days on Market
168
View all 2,673 homes for sale in Miami Beach →
How do I schedule a tour of 1005 8th Street 206, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 1005 8th Street 206, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1005 8th Street 206, Miami Beach, FL 33139 still available?
1005 8th Street 206, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 8 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1005 8th Street 206, Miami Beach, FL 33139?
With 20% down ($144,000) on the $720,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1005 8th Street 206, Miami Beach, FL 33139 is about $3,784/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1005 8th Street 206, Miami Beach, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1005 8th Street 206, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 1005 8th Street 206, Miami Beach, FL 33139 have an HOA fee?
Yes: 1005 8th Street 206, Miami Beach, FL 33139 carries an HOA fee of about $1,050 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 1005 8th Street 206, Miami Beach, FL 33139?
1005 8th Street 206, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1005 8th Street 206, Miami Beach, FL 33139?
Often, yes. The right offer on 1005 8th Street 206, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Method Florida, LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated September 16, 2026.

$720,000

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Listed by Bo Danos, Method Florida, LLC

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