Price reducedMLS® A12089311

$720,000

↓ Price reduced $30,000 on Sep 17, 2026

1005 8th Street 206, Miami Beach, FL 33139

Beds: 2
Baths: 2
Sqft: 1,110

Est. payment$5,996/mo

Home type: Condominium
Year built: 1997
Lot size: —
Price / sqft: $649
HOA: $1,050/mo
Community: MAGNOLIA CONDO

Property description

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.

Listing activity

Days on market: 3
Listed: Sep 15, 2026
MLS listing updated: Sep 18, 2026
Feed last checked: 12 minutes ago

Listed by Bo Danos · Method Florida, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0

Rooms & features

Rooms: 0
Interior features: Walk-In Closet(s)
Flooring: Tile, Wood
Appliances: Electric Water Heater, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Window features: Blinds

Heating & cooling

Heating: Central, Electric
Cooling: Ceiling Fan(s), Central Air, Electric

Property

Parking

Garage spaces: 1
Garage: Yes
Covered spaces: 1
Parking features: Assigned, Attached, Attached Garage, Covered, Garage, Garage Door Opener
Attached garage: Yes

Exterior

Stories: 4
Building area: 1,110 sqft
Entry level: 1
Exterior features: Courtyard, Balcony
View: Garden
Waterfront property: No

Construction

Type & style

Home type: Condominium
Architectural style: Split Level
Year built: 1997
New construction: No

Materials

Construction: CBS
Property condition: Resale

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: MAGNOLIA CONDO
MLS area: 2420
Security: Entry - Phone/Intercom, Secured Garage/Parking, Security Fence
Pets allowed: Yes
55+ community: No

Association

Has association: Yes
Association fee: $1,050 monthly
Estimated monthly dues: $1,050
Amenities: None
Services included: Insurance, Maintenance Structure, Reserve Funds, Sewer, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33139

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12089311
Possession: Close Of Escrow, Negotiable
Original list price: $750,000
Parcel number: 0242032180060
Annual property tax: $10,195
Tax year: 2025
Tax legal description: MAGNOLIA CONDO UNIT 206 UNDIV 7.602% INT IN COMMON ELEMENTS OFF REC 17807-1310 OR 18023-2842 0398 1

Additional MLS details

Reported by the listing source

Association Amenities: None
Association Fee Frequency: Monthly
Association Fee Includes: Insurance, Maintenance Structure, Reserve Funds, Sewer, Water
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 1110
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 3
Elementary School: Miami Beach South Pointe
High School: Miami Beach
List Price: 720000
Listing Contract Date: 2026-09-15
Living Area: 1110
MLSArea Major: 2420
Middle Or Junior School: Miami Beach Nautilus
Mls Status: Active
On Market Date: 2026-09-15
Photos Count: 19
Postal Code: 33139
Price Change Timestamp: 2026-09-17T17:18:20Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Entry - Phone/Intercom, Secured Garage/Parking, Security Fence
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-09-15T04:00:00Z
Stories Total: 4
Subdivision Name: MAGNOLIA CONDO
Tax Annual Amount: 10195
Bathrooms Full: 2
Bedrooms Total: 2
Waterfront: No
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 1050

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Sep 15, 2026	ListedMIAMI REALTORS® MLS	$750,000$676/sqft
Sep 17, 2026	Price reducedMIAMI REALTORS® MLS	$720,000$649/sqft

Public tax history

Year	Property taxes	Assessment
2025	$10,195	—

Payment calculator

Estimated monthly payment$5,996/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $3,736
Property taxes: $850
Insurance: $360
Association dues: $1,050

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MAGNOLIA CONDO

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach South PointeElementary

—

Miami Beach NautilusMiddle

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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