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$815,000

Beds
2
Baths
2.0
sq ft
1,110

1005 8th St Unit 206, Miami Beach, FL 33139

1005 8th St Unit 206

Miami Beach, FL 33139

  • 59 days on market
    • Price drop $20,000↓
This light-filled 2-bedroom, 2-bathroom condo in the boutique Magnolia Condominium epitomizes the ultimate beach lifestyle. This move in ready, corner unit boasts open concept living area with hardwood floors, hurricane-impact windows, and three private balconies—including a spacious living room terrace. The split-level layout features a second-floor master suite with a walk-in closet. Additional perks include an ADT security system and an assigned parking space in the secured, covered garage, and gate secured building entry. Updated appliances—AC, washer/dryer (2024) and water heater (2022). Nestled amidst vibrant greenery, this home provides a unique blend of calm and convenience. Ideal as a full-time residence or a chic getaway, it embodies the essence of South Beach living.

Details

Property type

Condominium

Est. home value

$751,899

Lot size

Unknown

Price per sq ft

$735

Year built

1997

Annual property taxes

$10,220

Monthly HOA fee

$1,007

Price History

03/19/2025
SEF

SEF #A11718214

Price change
$815,000
-2.4%
02/03/2025
SEF

SEF #A11718214

Listed
$835,000
+28.26%
03/07/2022
SEF

SEF #A11143172

Sold
$651,000
+30.2%

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

South Pointe

Middle school: 

Nautilus

High school: 

Miami Beach

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Oaktree Funding Corp

Loan start date

March 2022

Original loan amount

$488,250

Est. remaining balance

Not provided

Interest rate

2.5%

Loan type

New Conventional, 30 year

Seller

Salem Almaani

Lender

Oaktree Funding Corp

Loan start date

March 2022

Original loan amount

$488,250

Est. remaining balance

Not provided

Interest rate

2.5%

Loan type

New Conventional, 30 year

Seller

Salem Almaani

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

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$950,000
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650 West Ave Unit 2310, Miami Beach, FL 33139

Status: Active

Tomo last checked: 04/03/2025 at 2:30 PM

Listing updated: 03/23/2025 at 2:06 PM

Listed by: Bo Danos, Method Florida, LLC Phone #: (404) 585-7355

MLS: SEF #A11718214

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