MIAMI PRIMECondos

Miami Beach Homes for Sale under $200K

1,846 listings

Live MLS inventory in Miami Beach, updated continuously.

101 20th St # 3006, Miami Beach, FL 33139
$4,400,000
2 bd · 2 ba · 1,316 sqft
101 20th St # 3006, Miami Beach, FL 33139
The Setai
2035 Fisher Island Dr # 2035, Miami Beach, FL 33109
$4,400,000New
3 bd · 4 ba · 1,912 sqft
2035 Fisher Island Dr # 2035, Miami Beach, FL 33109
BAYSIDE VILLAGE EAST
1540 Cleveland Rd, Miami Beach, FL 33141
$4,400,000
5 bd · 4 ba · 2,849 sqft
1540 Cleveland Rd, Miami Beach, FL 33141
BISCAYNE POINT
5801 Collins Ave # 1200, Miami Beach, FL 33140
$4,299,000
5 bd · 7 ba · 4,599 sqft
5801 Collins Ave # 1200, Miami Beach, FL 33140
VILLA DI MARE CONDO
1300 Monad Ter # 3E, Miami Beach, FL 33139
$4,299,000New
2 bd · 3 ba · 2,000 sqft
1300 Monad Ter # 3E, Miami Beach, FL 33139
MONAD TERRACE CONDO
829 4th St # 2, Miami Beach, FL 33139
$4,255,000
2 bd · 3 ba · 1,930 sqft
829 4th St # 2, Miami Beach, FL 33139
Milano Boutique Condo
829 4th St # 3, Miami Beach, FL 33139
$4,255,000
2 bd · 3 ba · 1,930 sqft
829 4th St # 3, Miami Beach, FL 33139
Milano Boutique Condo
1671 Collins Ave # 8D, Miami Beach, FL 33139
$4,250,000
1 bd · 2 ba · 1,197 sqft
1671 Collins Ave # 8D, Miami Beach, FL 33139
Ritz-Carlton South Beach
288 Palm Ave, Miami Beach, FL 33139
$4,250,000
3 bd · 3 ba · 2,022 sqft
288 Palm Ave, Miami Beach, FL 33139
RIVIERA 1ST & 2ND ADDN AM
8701 Collins Ave # 705, Miami Beach, FL 33154
$4,250,000New
2 bd · 3 ba · 1,522 sqft
8701 Collins Ave # 705, Miami Beach, FL 33154
87 Park
1709 Jefferson Ave # TH-10, Miami Beach, FL 33139
$4,200,000
4 bd · 5 ba · 2,770 sqft
1709 Jefferson Ave # TH-10, Miami Beach, FL 33139
VILLA 17 CONDOMINIUM
2221 Fisher Island Dr # 3201, Miami Beach, FL 33109
$4,200,000
3 bd · 4 ba · 2,744 sqft
2221 Fisher Island Dr # 3201, Miami Beach, FL 33109
Bayside Village
4201 Collins Ave # 1503, Miami Beach, FL 33140
$4,199,000
3 bd · 3 ba · 1,980 sqft
4201 Collins Ave # 1503, Miami Beach, FL 33140
LA TOUR CONDO
201 Aqua Ave # 801, Miami Beach, FL 33141
$4,189,000New
3 bd · 4 ba · 3,211 sqft
201 Aqua Ave # 801, Miami Beach, FL 33141
CHATHAM AT AQUA
510 W 30th St, Miami Beach, FL 33140
$4,150,000New
6 bd · 5 ba · 3,926 sqft
510 W 30th St, Miami Beach, FL 33140
FAIRGREEN AMD PLAT
1300 Monad Ter # 3D, Miami Beach, FL 33139
$4,125,000New
3 bd · 4 ba · 2,269 sqft
1300 Monad Ter # 3D, Miami Beach, FL 33139
Monad Terrace
19126 Fisher Island Dr # 19126, Miami Beach, FL 33109
$4,100,000
3 bd · 4 ba · 2,049 sqft
19126 Fisher Island Dr # 19126, Miami Beach, FL 33109
Seaside Village
101 20th St # 1907, Miami Beach, FL 33139
$4,100,000
2 bd · 2 ba · 1,279 sqft
101 20th St # 1907, Miami Beach, FL 33139
Setai
3737 Collins Ave # S-701, Miami Beach, FL 33140
$4,100,000New
3 bd · 3 ba · 1,837 sqft
3737 Collins Ave # S-701, Miami Beach, FL 33140
THE CARIBBEAN CONDO
19116 Fisher Island Dr # 19116, Miami Beach, FL 33109
$4,100,000New
3 bd · 3 ba · 2,049 sqft
19116 Fisher Island Dr # 19116, Miami Beach, FL 33109
FISHER ISLAND
2201 Collins Ave # 428, Miami Beach, FL 33139
$4,100,000New
2 bd · 2 ba · 1,239 sqft
2201 Collins Ave # 428, Miami Beach, FL 33139
W South Beach
829 4th St # 1, Miami Beach, FL 33139
$4,053,000
2 bd · 3 ba · 1,930 sqft
829 4th St # 1, Miami Beach, FL 33139
Milano Boutique Condo
101 20th St # 3202, Miami Beach, FL 33139
$4,000,000
2 bd · 2 ba · 1,213 sqft
101 20th St # 3202, Miami Beach, FL 33139
SETAI RESORT & RESIDENCES
500 Alton Rd # 1601, Miami Beach, FL 33139
$3,999,999
3 bd · 4 ba · 2,178 sqft
500 Alton Rd # 1601, Miami Beach, FL 33139
Five Park

Homes for Sale under $200K in Miami Beach: How This Market Works

Buying on Miami Beach means choosing an era as much as an address — restored Art Deco walk-ups, 1960s oceanfront co-ops, and hotel-branded new construction all share the same seven-mile island. With water hemming in every side, nothing meaningful gets added to supply, which is why South of Fifth penthouses and North Beach two-bedrooms both hold their footing over time.

A ceiling of $200K reframes the Miami Beach search around efficiency — which listings deliver the most location, space or building quality without crossing the line. Markets shaped by capped island supply from Deco classics to branded penthouses always carry mispriced corners: a solid older tower with unfashionable finishes, a townhouse a few blocks off the prestige grid, a listing lingering for reasons that turn out to be fixable. Everything qualifying under the cap is gathered here in one view.

Miami Beach Market Snapshot

1,918
Homes sold, last 12 months
$600K
Median sale price
84 days
Median time on market

Frequently Asked Questions

How do I spot genuine value under $200K in Miami Beach?

Look for a mismatch between price and fundamentals — a well-run building priced alongside the weak ones, a dated interior on a superior line or lot, long market time that traces to bad photography rather than bad property. We tell you plainly which listings under $200K are bargains and which are cheap for reasons that will follow you to resale.

Will my monthly cost stay in budget after buying under $200K?

Only if you underwrite everything: association dues, property taxes that reset off your purchase price, insurance keyed to roof age and flood zone, and buyer-side closing costs. We prepare a full carrying-cost worksheet on any listing you shortlist, so the cap you set holds up in month twelve — not just at the closing table.

Can I see a Miami Beach property before committing to anything?

Of course. Use the inquiry form on any listing or call +1 786-370-8570 and we will set up a private showing around your calendar. Buyers who live elsewhere can request a recorded video walkthrough of any residence. Looking carries no commitment — deciding comes later, on your terms.

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