Own South Beach

Magnolia

1005 8th St · Built 1997 · 4 floors · 13 residences

1 for sale
For sale
1
0 pending · 12.0 mo supply
Median asking
$750K
from $750K
Median $/sqft
$676/sqft
$600/sqft sold, 12 mo
Days on market
0
37 to sell · 1 in 12 mo

Magnolia is a well-maintained 13-unit boutique building located in South Beach. The property is characterized by its light-filled atmosphere and a sense of tranquility while remaining in close proximity to local dining, shops, and the beach.

The building is in excellent condition with a responsible association. It features a gated entry and is situated near various local amenities including parks and a public pool.

Live near more of Miami

What surrounds Magnolia: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
63
/ 100
B+
own.miami Score

A data-grounded score for Magnolia from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value50
$676/sqft — vs. Miami condos
Momentum50
Recent price trend
Liquidity69
12.0 months of supply · 0 days on market
Health90
No verified records yet — listing signals only
Waterfront55
Not waterfront
Age34
Built 1997
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Magnolia; bars are closings per month.

Not enough closed sales yet for a trend.

Location

Nearby buildings within half a mile.

Building facts

Address
1005 8th St
Year built
1997
Floors
4
Residences
13
Waterfront
No

Amenities

  • · Elevator
  • · Security

Building rules

Parking
Assigned, gated, and covered parking in a secured garage.

Special assessments & recertification outlook

Elevated
  • Built 1997 — past its first structural milestone; next inspection around 2032

Estimated from Magnolia’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Frequently asked

How much do condos at Magnolia cost?+

There are 1 condos for sale at Magnolia, from $750,000, with a median asking price of $750,000 ($676/sqft).

Is Magnolia a good time to buy?+

Magnolia currently has about 12.0 months of supply — a balanced pace.

How much are the HOA fees at Magnolia?+

HOA / maintenance fees at Magnolia run around $1,050 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Magnolia a waterfront building?+

Magnolia is not directly on the water.

When was Magnolia built?+

Magnolia was built in 1997, 4 stories, 13 residences.

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