MIAMI PRIMECondos

Homes for Sale under $5M Across Miami Beach

1,731 listings

Current homes for sale under $5m 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.

1975 Calais Dr # 1, Miami Beach, FL 33141
$1,390,000
4 bd · 3 ba · 26,336 sqft
1975 Calais Dr # 1, Miami Beach, FL 33141
La Linda Club
6484 Indian Creek Dr # 220, Miami Beach, FL 33141
$145,000
0 bd · 1 ba · 25,163 sqft
6484 Indian Creek Dr # 220, Miami Beach, FL 33141
Gradens on the bay
6484 Indian Creek Dr # 103, Miami Beach, FL 33141
$95,000New
0 bd · 1 ba · 25,163 sqft
6484 Indian Creek Dr # 103, Miami Beach, FL 33141
GARDENS ON THE BAY
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
1460 West Ave, Miami Beach, FL 33139
$1,791,000
2 bd · 2 ba · 4,952 sqft
1460 West Ave, Miami Beach, FL 33139
ALTON BEACH BAY FRONT RE-
5812 Alton Rd, Miami Beach, FL 33140
$4,950,000
7 bd · 7 ba · 4,822 sqft
5812 Alton Rd, Miami Beach, FL 33140
LA GORCE GOLF SUB
5860 Pine Tree Dr, Miami Beach, FL 33140
$4,450,000
5 bd · 5 ba · 4,636 sqft
5860 Pine Tree Dr, Miami Beach, FL 33140
BEACH VIEW ADDN
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
1620 Bay Rd, Miami Beach, FL 33139
$2,990,000New
2 bd · 2 ba · 4,338 sqft
1620 Bay Rd, Miami Beach, FL 33139
LINCOLN TERRACE SUB
5959 Collins Ave # 606, Miami Beach, FL 33140
$3,999,999
5 bd · 6 ba · 4,135 sqft
5959 Collins Ave # 606, Miami Beach, FL 33140
THE RESIDENCES AT THE BAT
1753 Michigan Ave, Miami Beach, FL 33139
$4,799,000New
10 bd · 0 ba · 4,056 sqft
1753 Michigan Ave, Miami Beach, FL 33139
PALM VIEW SUB
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
6020 Alton Rd, Miami Beach, FL 33140
$4,975,000
4 bd · 5 ba · 3,850 sqft
6020 Alton Rd, Miami Beach, FL 33140
LA GORCE GOLF SUB
6203 Laguna Path N, Miami Beach, FL 33141
$4,495,000New
4 bd · 5 ba · 3,771 sqft
6203 Laguna Path N, Miami Beach, FL 33141
AQUA
1330 Ocean Dr # 3CA, Miami Beach, FL 33139
$2,990,000New
4 bd · 4 ba · 3,758 sqft
1330 Ocean Dr # 3CA, Miami Beach, FL 33139
THE NETHERLAND CONDO
6180 Pine Tree Dr, Miami Beach, FL 33140
$4,990,000
4 bd · 3 ba · 3,673 sqft
6180 Pine Tree Dr, Miami Beach, FL 33140
BEACH VIEW ADDN
5959 Collins Ave # 1503, Miami Beach, FL 33140
$4,995,000
4 bd · 5 ba · 3,640 sqft
5959 Collins Ave # 1503, Miami Beach, FL 33140
THE BATH CLUB
939 W 47th Ct, Miami Beach, FL 33140
$3,750,000
5 bd · 4 ba · 3,630 sqft
939 W 47th Ct, Miami Beach, FL 33140
NAUTILUS ADDN
2880 Fairgreen Dr, Miami Beach, FL 33140
$4,950,000
5 bd · 4 ba · 3,626 sqft
2880 Fairgreen Dr, Miami Beach, FL 33140
FAIRGREEN 2ND AMD PL
4430 Alton Rd, Miami Beach, FL 33140
$3,787,000New
5 bd · 6 ba · 3,581 sqft
4430 Alton Rd, Miami Beach, FL 33140
NAUTILUS SUB
5288 Alton Road # 2, Miami Beach, FL 33140
$675,000
4 bd · 4 ba · 3,410 sqft
5288 Alton Road # 2, Miami Beach, FL 33140
5288 Alton Road # 3, Miami Beach, FL 33140
$750,000
4 bd · 4 ba · 3,410 sqft
5288 Alton Road # 3, Miami Beach, FL 33140
707 W 54th St, Miami Beach, FL 33140
$3,490,000
4 bd · 4 ba · 3,406 sqft
707 W 54th St, Miami Beach, FL 33140
LA GORCE GOLF SUB
5750 La Gorce Dr, Miami Beach, FL 33140
$4,800,000
5 bd · 5 ba · 3,400 sqft
5750 La Gorce Dr, Miami Beach, FL 33140
BEACH VIEW SUB

Homes for Sale under $5M 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 $5.0M 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

1,881
Homes sold, last 12 months
$618K
Median sale price
84 days
Median time on market

Frequently Asked Questions

How do I spot genuine value under $5.0M 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 $5.0M are bargains and which are cheap for reasons that will follow you to resale.

Will my monthly cost stay in budget after buying under $5.0M?

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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