MIAMI PRIMECondos

Homes for Sale under $500K Across Miami Beach

1,915 listings

Current homes for sale under $500k across Miami Beach, drawn straight from the MLS feed and ordered largest residence first — open any card for photos, unit details and its spot on the map.

7845 Atlantic Way, Miami Beach, FL 33141
$40,000,000
6 bd · 9 ba · 6,350 sqft
7845 Atlantic Way, Miami Beach, FL 33141
ALTOS DEL MAR NO 1
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
795 Lakeview Dr, Miami Beach, FL 33140
$10,250,000
5 bd · 8 ba · 6,162 sqft
795 Lakeview Dr, Miami Beach, FL 33140
LAKE VIEW HEIGHTS SUB
432 S Hibiscus Dr, Miami Beach, FL 33139
$31,000,000
5 bd · 7 ba · 6,090 sqft
432 S Hibiscus Dr, Miami Beach, FL 33139
HIBISCUS ISLAND
5309 Alton Rd, Miami Beach, FL 33140
$4,695,000
6 bd · 6 ba · 6,011 sqft
5309 Alton Rd, Miami Beach, FL 33140
LA GORCE GOLF SUB
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
1844 Daytonia Rd, Miami Beach, FL 33141
$17,900,000
5 bd · 6 ba · 5,807 sqft
1844 Daytonia Rd, Miami Beach, FL 33141
BISCAYNE POINT
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
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
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
857 N Shore Dr, Miami Beach, FL 33141
$22,000,000
6 bd · 8 ba · 5,723 sqft
857 N Shore Dr, Miami Beach, FL 33141
NORMANDY GOLF COURSE
80 S Hibiscus Dr, Miami Beach, FL 33139
$32,500,000New
6 bd · 8 ba · 5,691 sqft
80 S Hibiscus Dr, Miami Beach, FL 33139
HIBISCUS ISLAND
5333 Collins Ave # PHW, Miami Beach, FL 33140
$37,000,000
4 bd · 7 ba · 5,685 sqft
5333 Collins Ave # PHW, Miami Beach, FL 33140
The Perigon Miami Beach
4760 N Bay Rd, Miami Beach, FL 33140
$69,500,000New
8 bd · 7 ba · 5,685 sqft
4760 N Bay Rd, Miami Beach, FL 33140
NAUTILUS SUB
300 S Pointe Dr # PH-5, Miami Beach, FL 33139
$22,999,000
4 bd · 7 ba · 5,680 sqft
300 S Pointe Dr # PH-5, Miami Beach, FL 33139
PORTOFINO TOWER
420 N Hibiscus Dr, Miami Beach, FL 33139
$8,900,000
5 bd · 7 ba · 5,642 sqft
420 N Hibiscus Dr, Miami Beach, FL 33139
HIBISCUS ISLAND
271 N Shore Dr, Miami Beach, FL 33141
$14,500,000
5 bd · 6 ba · 5,587 sqft
271 N Shore Dr, Miami Beach, FL 33141
NORMANDY GOLF COURSE
5025 Collins Ave # 1103-1104-1105, Miami Beach, FL 33140
$5,495,000
4 bd · 5 ba · 5,517 sqft
5025 Collins Ave # 1103-1104-1105, Miami Beach, FL 33140
Capobella
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
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
2050 Alton Rd, Miami Beach, FL 33140
$5,495,000
6 bd · 6 ba · 5,344 sqft
2050 Alton Rd, Miami Beach, FL 33140
AMD PLAT OF SUNSET LAKE S
6001 Laguna Path S, Miami Beach, FL 33141
$7,000,000New
5 bd · 5.5 ba · 5,341 sqft
6001 Laguna Path S, Miami Beach, FL 33141
333 E Rivo Alto Dr, Miami Beach, FL 33139
$30,000,000
5 bd · 6 ba · 5,339 sqft
333 E Rivo Alto Dr, Miami Beach, FL 33139
RIVO ALTO AMD
2887 Pine Tree Dr, Miami Beach, FL 33140
$6,799,000
6 bd · 7 ba · 5,181 sqft
2887 Pine Tree Dr, Miami Beach, FL 33140
FLAMINGO TERRACE SUB

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

1,879
Homes sold, last 12 months
$617K
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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