8040 Tatum Waterway Dr

Miami Beach, FL 33141

$337,000

$318/ft²

2Beds

2Baths

1,059Sq ft

1963Year built

CondoType

About this home

On the Tatum Waterway, a future owner may explore the possibility of accommodating a small boat or gondola (approximately 20–30 feet). This west-facing waterfront residence offers a rare combination of privacy & space in the heart of North Beach. Renovated on the first floor, this corner 2-bedroom, 2-bath home has three exposures, abundant natural light, & over 1,000 square feet of living space. The garden-style layout opens to a private 107-square-foot terrace overlooking the Waterway. Impact windows and doors, central AC, and louvered shutters keep the place cool and quiet and safe. The renovated kitchen features granite countertops & wood cabinetry. A separate entrance to one bedroom creates flexibility for a home office, guest suite, or private retreat. The building has a new roof and a completed 40/50-Year Recertification issued in 2022. Just three blocks from the beach and North Shore Open Space Park, the location offers is close to neighborhood cafés, restaurants & shops. North Beach is expecting more than $2 billion in public and private investment, bringing new parks, infrastructure, and continued redevelopment to one of Miami Beach's fastest-growing neighborhoods. Whether you're looking for a primary residence, vacation home, or investment property, this home offers a combination of waterfront living, walkability & modern updates. Rent immediately and pet friendly. End each day watching the sunset over the water from your own private terrace.

Features

Waterfront

Property details

Listing

MLS #: A11981329
Status: For sale
Listed on: Mar 13, 2026
Days on market: 150 days
Listing data updated: Jul 28, 2026

Interior

Beds: 2
Baths: 2
Living area: 1,059 ft²
Price per ft²: $318/ft²
Unit: 5

Building & community

Type: Condo
Year built: 1963
HOA fee: $1,001/mo
County: Miami-Dade

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,704
Property taxes (est.): $309
Home insurance (est.): $317
Flood insurance (est.): —
HOA fee: $1,001

Estimated total$3,331*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?