MIAMI PRIMECondos

Miami Beach Homes for Sale under $500K

1,849 listings

Live MLS inventory in Miami Beach, updated continuously.

535 W 31st St, Miami Beach, FL 33140
$1,675,000New
0 bd · 0 ba · 2,240 sqft
535 W 31st St, Miami Beach, FL 33140
ORCHARD SUB NO 1
463 W 62nd St, Miami Beach, FL 33140
$1,657,000
3 bd · 2 ba · 2,011 sqft
463 W 62nd St, Miami Beach, FL 33140
BEACH VIEW ADDN
1236 Michigan Ave, Miami Beach, FL 33139
$1,650,000
3 bd · 3 ba · 2,385 sqft
1236 Michigan Ave, Miami Beach, FL 33139
OCEAN BEACH ADDN NO 3
580 72nd St # 1410, Miami Beach, FL 33141
$1,650,000
2 bd · 2 ba · 809 sqft
580 72nd St # 1410, Miami Beach, FL 33141
72 PARK
500 Alton Rd # 2108, Miami Beach, FL 33139
$1,650,000New
1 bd · 2 ba · 731 sqft
500 Alton Rd # 2108, Miami Beach, FL 33139
FIVE PARK
6799 Collins Ave # 804, Miami Beach, FL 33141
$1,650,000
2 bd · 2 ba · 1,084 sqft
6799 Collins Ave # 804, Miami Beach, FL 33141
SOUTH CARILLON BEACH COND
6103 Aqua Ave # 702, Miami Beach, FL 33141
$1,630,000New
2 bd · 3 ba · 1,755 sqft
6103 Aqua Ave # 702, Miami Beach, FL 33141
Spear at Aqua
2301 Collins Ave # 1019, Miami Beach, FL 33139
$1,610,000
2 bd · 2 ba · 900 sqft
2301 Collins Ave # 1019, Miami Beach, FL 33139
RONEY PALACE CONDO
1324 Lenox Avenue, Miami Beach, FL 33139
$1,600,000
3 bd · 2 ba · 1,804 sqft
1324 Lenox Avenue, Miami Beach, FL 33139
2301 Collins Ave # 326, Miami Beach, FL 33139
$1,600,000New
2 bd · 2 ba · 1,180 sqft
2301 Collins Ave # 326, Miami Beach, FL 33139
RONEY PALACE
4391 Collins Ave # 410, Miami Beach, FL 33140
$1,600,000
1 bd · 2 ba · 1,104 sqft
4391 Collins Ave # 410, Miami Beach, FL 33140
FONTAINEBLEAU III
650 West Ave # 2801, Miami Beach, FL 33139
$1,599,000
2 bd · 2 ba · 1,147 sqft
650 West Ave # 2801, Miami Beach, FL 33139
THE FLORIDIAN CONDO
5025 Collins Ave # 1707, Miami Beach, FL 33140
$1,599,000New
2 bd · 2 ba · 1,750 sqft
5025 Collins Ave # 1707, Miami Beach, FL 33140
CAPOBELLA CONDO
2901 Indian Creek # 504, Miami Beach, FL 33140
$1,595,000
1 bd · 2 ba · 842 sqft
2901 Indian Creek # 504, Miami Beach, FL 33140
29 Indian Creek
3739 Collins Ave # N-503, Miami Beach, FL 33140
$1,595,000New
2 bd · 3 ba · 1,609 sqft
3739 Collins Ave # N-503, Miami Beach, FL 33140
The Caribbean Condo
5875 Collins Ave # 903, Miami Beach, FL 33140
$1,590,000New
2 bd · 3 ba · 1,094 sqft
5875 Collins Ave # 903, Miami Beach, FL 33140
MEI CONDOMINIUM
5445 Collins Ave # P2, Miami Beach, FL 33140
$1,580,000New
2 bd · 2 ba · 2,070 sqft
5445 Collins Ave # P2, Miami Beach, FL 33140
CASTLE BEACH
1500 Ocean Dr # 907, Miami Beach, FL 33139
$1,575,000
2 bd · 2 ba · 1,170 sqft
1500 Ocean Dr # 907, Miami Beach, FL 33139
1500 OCEAN DRIVE
6801 Collins Ave # 1206/1210, Miami Beach, FL 33141
$1,575,000New
2 bd · 2 ba · 1,103 sqft
6801 Collins Ave # 1206/1210, Miami Beach, FL 33141
CARILLON WELLNESS RESIDEN
500 Alton Rd # 1204, Miami Beach, FL 33139
$1,575,000New
1 bd · 2 ba · 1,000 sqft
500 Alton Rd # 1204, Miami Beach, FL 33139
Five Park
10 Venetian Way # 604, Miami Beach, FL 33139
$1,575,000New
2 bd · 2 ba · 1,477 sqft
10 Venetian Way # 604, Miami Beach, FL 33139
THE GRAND VENETIAN CONDO
6620 Indian Creek Dr # PH-712, Miami Beach, FL 33141
$1,565,000
3 bd · 4 ba · 1,841 sqft
6620 Indian Creek Dr # PH-712, Miami Beach, FL 33141
Peloro
90 ALTON Road # 2110, Miami Beach, FL 33139
$1,550,000
2 bd · 2 ba · 1,090 sqft
90 ALTON Road # 2110, Miami Beach, FL 33139
2005 Calais Dr # 1, Miami Beach, FL 33141
$1,550,000
3 bd · 3 ba · 1,775 sqft
2005 Calais Dr # 1, Miami Beach, FL 33141
La Linda Miami Beach

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

1,918
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 $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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