MIAMI PRIMECondos

Miami Beach Homes for Sale under $500K

1,828 listings

Live MLS inventory in Miami Beach, updated continuously.

297 N Coconut Ln, Miami Beach, FL 33139
$29,900,000
5 bd · 6 ba · 0 sqft
297 N Coconut Ln, Miami Beach, FL 33139
RIVIERA 1ST & 2ND ADDN AM
503 E Dilido Dr, Miami Beach, FL 33139
$29,000,000New
6 bd · 8 ba · 6,942 sqft
503 E Dilido Dr, Miami Beach, FL 33139
DI LIDO ISLAND
5005 Lakeview Dr, Miami Beach, FL 33140
$28,800,000
6 bd · 5 ba · 5,775 sqft
5005 Lakeview Dr, Miami Beach, FL 33140
LAKE VIEW SUB
1671 Collins Ave # 16A, Miami Beach, FL 33139
$28,750,000New
5 bd · 7 ba · 4,520 sqft
1671 Collins Ave # 16A, Miami Beach, FL 33139
Ritz-Carlton South Beach
300 S Pointe Dr # PH-5, Miami Beach, FL 33139
$24,999,000
4 bd · 7 ba · 5,680 sqft
300 S Pointe Dr # PH-5, Miami Beach, FL 33139
PORTOFINO TOWER
500 Alton Rd # 4501, Miami Beach, FL 33139
$23,500,000
6 bd · 8 ba · 6,000 sqft
500 Alton Rd # 4501, Miami Beach, FL 33139
FIVE PARK MIAMI BEACH
327 E Rivo Alto Dr, Miami Beach, FL 33139
$22,500,000
6 bd · 7 ba · 5,479 sqft
327 E Rivo Alto Dr, Miami Beach, FL 33139
RIVO ALTO AMD
100 S Pointe Dr # 2905, Miami Beach, FL 33139
$22,000,000
3 bd · 3 ba · 4,717 sqft
100 S Pointe Dr # 2905, Miami Beach, FL 33139
CONTINUUM ON SOUTH BEACH
290 S Coconut Ln, Miami Beach, FL 33139
$21,950,000
5 bd · 5 ba · 7,660 sqft
290 S Coconut Ln, Miami Beach, FL 33139
RIVIERA 1ST & 2ND ADDN AM
7025 Fisher Island Dr # 7025, Miami Beach, FL 33109
$21,900,000New
5 bd · 6 ba · 7,302 sqft
7025 Fisher Island Dr # 7025, Miami Beach, FL 33109
Palazzo Del Sol
2520 Shelter Ave, Miami Beach, FL 33140
$19,750,000
6 bd · 7 ba · 5,768 sqft
2520 Shelter Ave, Miami Beach, FL 33140
SUNSET ISLANDS-ISLAND NO
441 N Hibiscus Dr, Miami Beach, FL 33139
$19,500,000
5 bd · 7 ba · 4,827 sqft
441 N Hibiscus Dr, Miami Beach, FL 33139
HIBISCUS ISLAND
176 S Hibiscus Drive, Miami Beach, FL 33139
$18,499,000
6 bd · 7 ba · 6,211 sqft
176 S Hibiscus Drive, Miami Beach, FL 33139
HIBISCUS ISLAND
5242 Fisher Island Dr # 5242, Miami Beach, FL 33109
$18,250,000
5 bd · 6 ba · 6,120 sqft
5242 Fisher Island Dr # 5242, Miami Beach, FL 33109
FISHER ISLAND
8011 Fisher Island Dr # 8011, Miami Beach, FL 33109
$16,999,000New
7 bd · 8 ba · 6,585 sqft
8011 Fisher Island Dr # 8011, Miami Beach, FL 33109
Oceanside
401 E Rivo Alto Dr, Miami Beach, FL 33139
$16,900,000
7 bd · 8 ba · 5,804 sqft
401 E Rivo Alto Dr, Miami Beach, FL 33139
RIVO ALTO AMD
50 S Pointe Dr # 1201/08, Miami Beach, FL 33139
$16,900,000
3 bd · 4 ba · 3,497 sqft
50 S Pointe Dr # 1201/08, Miami Beach, FL 33139
CONTINUUM ON South Beach
1 Collins Ave # 207, Miami Beach, FL 33139
$16,000,000
5 bd · 6 ba · 5,586 sqft
1 Collins Ave # 207, Miami Beach, FL 33139
ONE OCEAN CONDO
100 S Pointe Dr # 1409/10, Miami Beach, FL 33139
$15,995,000New
4 bd · 6 ba · 3,717 sqft
100 S Pointe Dr # 1409/10, Miami Beach, FL 33139
CONTINUUM
1141 N Biscayne Point Rd, Miami Beach, FL 33141
$15,900,000
4 bd · 5 ba · 4,299 sqft
1141 N Biscayne Point Rd, Miami Beach, FL 33141
BISCAYNE POINT RESUB
101 20th St # 1707, Miami Beach, FL 33139
$15,750,000
4 bd · 4 ba · 3,837 sqft
101 20th St # 1707, Miami Beach, FL 33139
The Setai Miami Beach
535 N Shore Dr, Miami Beach, FL 33141
$14,999,000
5 bd · 7 ba · 5,094 sqft
535 N Shore Dr, Miami Beach, FL 33141
NORMANDY GOLF COURSE
500 Alton # 3402.03, Miami Beach, FL 33139
$14,900,000
4 bd · 5 ba · 5,441 sqft
500 Alton # 3402.03, Miami Beach, FL 33139
Five Park Miami Beach
56 S Hibiscus Dr, Miami Beach, FL 33139
$14,900,000
4 bd · 5 ba · 3,092 sqft
56 S Hibiscus Dr, Miami Beach, FL 33139
HIBISCUS ISLAND

Homes for Sale under $500K 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 $500K 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

1,911
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 $500K 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 $500K are bargains and which are cheap for reasons that will follow you to resale.

Will my monthly cost stay in budget after buying under $500K?

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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