A magnetic umbrella holder includes a base and a magnet. The base is configured to hold an umbrella. The magnet is positioned at the bottom of the base. The magnet is configured to hold the base perpendicular to a magnetic surface. The base includes a hollow interior, a closed end, and an open end. The hollow interior is configured to hold a handle of the umbrella. The closed end houses the magnet. The open end is configured for allowing the handle of the umbrella to be inserted inside the hollow interior. Wherein, the magnetic umbrella holder is configured for positioning an umbrella perpendicular on the magnetic surface.