Atlantic Luxury Advisors
1005 8th St #206 photo 11005 8th St #206 photo 21005 8th St #206 photo 31005 8th St #206 photo 41005 8th St #206 photo 5

19 photos

1005 8th St #206

Miami Beach, FL 33139

$720,000
2
2
1,110 sq ft
1997
1 car
Condominium
$1,050/mo
2
Active

Listing courtesy of Method Florida, LLC (Bo Danos). Contact: [email protected].

About this home

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.

What it costs to own
Estimated monthly payment
$6,187/mo
Principal and interest
$3,641
Property tax
$1,046
Homeowners insurance
$450
HOA
$1,050

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$12,554/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$1,050/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.