MIAMI PRIMECondos

Miami Beach Homes for Sale under $500K

1,845 listings

Live MLS inventory in Miami Beach, updated continuously.

2655 Collins Ave # 2302, Miami Beach, FL 33140
$1,250,000
2 bd · 2 ba · 1,645 sqft
2655 Collins Ave # 2302, Miami Beach, FL 33140
MIRASOL OCEAN TOWERS
401 Ocean Dr # 518, Miami Beach, FL 33139
$1,250,000New
1 bd · 1 ba · 679 sqft
401 Ocean Dr # 518, Miami Beach, FL 33139
Presidential Condo
Listing
$1,245,000New
2 bd · 2 ba · 1,830 sqft
The Ashley
4779 Collins Ave # 1206, Miami Beach, FL 33140
$1,240,000
1 bd · 2 ba · 1,100 sqft
4779 Collins Ave # 1206, Miami Beach, FL 33140
BLUE DIAMOND CONDO
1330 West Ave # 2601, Miami Beach, FL 33139
$1,230,000New
2 bd · 2 ba · 1,262 sqft
1330 West Ave # 2601, Miami Beach, FL 33139
THE WAVERLY AT SOUTH BEAC
6301 Collins Ave # 3006, Miami Beach, FL 33141
$1,220,000
2 bd · 2 ba · 1,220 sqft
6301 Collins Ave # 3006, Miami Beach, FL 33141
La Gorce Palace
2301 Collins Ave # 504, Miami Beach, FL 33139
$1,210,000
1 bd · 2 ba · 880 sqft
2301 Collins Ave # 504, Miami Beach, FL 33139
RONEY PALACE CONDO
4391 Collins Ave # 1502, Miami Beach, FL 33140
$1,200,000
0 bd · 1 ba · 544 sqft
4391 Collins Ave # 1502, Miami Beach, FL 33140
FONTAINEBLEAU III
4391 Collins Ave # 1501, Miami Beach, FL 33140
$1,200,000
0 bd · 1 ba · 574 sqft
4391 Collins Ave # 1501, Miami Beach, FL 33140
FONTAINEBLEAU III
405 N Hibiscus Dr # 202, Miami Beach, FL 33139
$1,200,000New
1 bd · 1 ba · 620 sqft
405 N Hibiscus Dr # 202, Miami Beach, FL 33139
ISLAND CLUB OF SOUTH BEAT
5161 Collins Ave # 1508, Miami Beach, FL 33140
$1,200,000
2 bd · 2 ba · 1,040 sqft
5161 Collins Ave # 1508, Miami Beach, FL 33140
SEACOAST
2457 Collins Ave # 1603, Miami Beach, FL 33140
$1,200,000
2 bd · 3 ba · 1,389 sqft
2457 Collins Ave # 1603, Miami Beach, FL 33140
Royal Club
6801 Collins Ave # 1110 (Door 1106), Miami Beach, FL 33141
$1,200,000
2 bd · 2 ba · 1,103 sqft
6801 Collins Ave # 1110 (Door 1106), Miami Beach, FL 33141
Carillon Beach
1600 Michigan Ave # 7, Miami Beach, FL 33139
$1,200,000
2 bd · 2 ba · 1,128 sqft
1600 Michigan Ave # 7, Miami Beach, FL 33139
MICHIGAN PLACE CONDO
2155 Washington Ct # 210, Miami Beach, FL 33139
$1,200,000New
2 bd · 2 ba · 1,288 sqft
2155 Washington Ct # 210, Miami Beach, FL 33139
ArteCity
4401 Collins Ave # 915, Miami Beach, FL 33140
$1,199,000New
1 bd · 1 ba · 1,066 sqft
4401 Collins Ave # 915, Miami Beach, FL 33140
Fontainebleau II Tresor
7135 Collins Ave # 1216, Miami Beach, FL 33141
$1,199,000New
2 bd · 2 ba · 1,455 sqft
7135 Collins Ave # 1216, Miami Beach, FL 33141
BURLEIGH HOUSE CONDO
1330 West Ave # 3007, Miami Beach, FL 33139
$1,199,000
2 bd · 2 ba · 1,269 sqft
1330 West Ave # 3007, Miami Beach, FL 33139
The WAVERLY South Beach
580 72 ST # 1804, Miami Beach, 34553
$1,195,000
1 bd · 2 ba ·
580 72 ST # 1804, Miami Beach, 34553
72 park residences
4391 Collins Ave # 1605, Miami Beach, FL 33140
$1,195,000
0 bd · 1 ba · 544 sqft
4391 Collins Ave # 1605, Miami Beach, FL 33140
Fontainebleau
2301 Collins Ave # 318, Miami Beach, FL 33139
$1,190,000New
2 bd · 1 ba · 840 sqft
2301 Collins Ave # 318, Miami Beach, FL 33139
Roney Palace
6301 Collins Ave # 2307, Miami Beach, FL 33141
$1,190,000
2 bd · 2 ba · 1,340 sqft
6301 Collins Ave # 2307, Miami Beach, FL 33141
La Gorce Palace
145 Jefferson Ave # 415, Miami Beach, FL 33139
$1,189,000
2 bd · 2 ba · 1,155 sqft
145 Jefferson Ave # 415, Miami Beach, FL 33139
THE COURTS AT SOUTH BEACH
1324 Normandy Dr, Miami Beach, FL 33141
$1,184,888
4 bd · 3 ba · 1,538 sqft
1324 Normandy Dr, Miami Beach, FL 33141
OCEANSIDE SEC ISLE OF NOR

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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