MIAMI PRIMECondos

Miami Beach Homes for Sale under $5M

1,654 listings

Live MLS inventory in Miami Beach, updated continuously.

500 Alton Rd # 2105, Miami Beach, FL 33139
$4,999,000
3 bd · 4 ba · 2,512 sqft
500 Alton Rd # 2105, Miami Beach, FL 33139
FIVE PARK
6899 Collins Ave # 2708, Miami Beach, FL 33141
$4,995,000
4 bd · 3 ba · 2,670 sqft
6899 Collins Ave # 2708, Miami Beach, FL 33141
The Carrilon
100 S Pointe Dr # 1501, Miami Beach, FL 33139
$4,995,000
2 bd · 3 ba · 1,591 sqft
100 S Pointe Dr # 1501, Miami Beach, FL 33139
Continuum on South Beach
5959 Collins Ave # 1503, Miami Beach, FL 33140
$4,995,000New
4 bd · 5 ba · 3,640 sqft
5959 Collins Ave # 1503, Miami Beach, FL 33140
THE BATH CLUB
6800 Indian Creek Dr # PH2, Miami Beach, FL 33141
$4,990,000
3 bd · 4 ba · 2,278 sqft
6800 Indian Creek Dr # PH2, Miami Beach, FL 33141
MONACO YACHT CLUB
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
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
300 S Pointe Dr # 4306, Miami Beach, FL 33139
$4,900,000
3 bd · 3 ba · 2,040 sqft
300 S Pointe Dr # 4306, Miami Beach, FL 33139
PORTOFINO TOWER
1301 Flamingo Way, Miami Beach, FL 33139
$4,900,000New
5 bd · 3 ba · 2,743 sqft
1301 Flamingo Way, Miami Beach, FL 33139
ALTON BEACH BAY FRONT RE-
2124 Fisher Island Dr # 2124, Miami Beach, FL 33109
$4,850,000
3 bd · 4 ba · 2,744 sqft
2124 Fisher Island Dr # 2124, Miami Beach, FL 33109
Bayside East
102 24 # 1222, Miami Beach, FL 33139
$4,850,000
2 bd · 3 ba · 1,471 sqft
102 24 # 1222, Miami Beach, FL 33139
1 Hotel & Homes
19136 Fisher Island Dr # 19136, Miami Beach, FL 33109
$4,820,000
3 bd · 4 ba · 2,049 sqft
19136 Fisher Island Dr # 19136, Miami Beach, FL 33109
Seaside Village
101 20 # 1803/5, Miami Beach, FL 33139
$4,775,000
2 bd · 4 ba ·
101 20 # 1803/5, Miami Beach, FL 33139
SETAI RESIDENCES
5875 Collins Ave # 401, Miami Beach, FL 33140
$4,770,000
2 bd · 2 ba · 2,168 sqft
5875 Collins Ave # 401, Miami Beach, FL 33140
Mei Condo
1000 S Pointe Dr # 2803, Miami Beach, FL 33139
$4,750,000
3 bd · 3 ba · 2,008 sqft
1000 S Pointe Dr # 2803, Miami Beach, FL 33139
Murano At Portofino
661 86th St, Miami Beach, FL 33141
$4,700,000New
4 bd · 2 ba · 2,063 sqft
661 86th St, Miami Beach, FL 33141
BISCAYNE BEACH-2ND ADDN
1525 Calais Dr, Miami Beach, FL 33141
$4,700,000New
4 bd · 2 ba · 2,829 sqft
1525 Calais Dr, Miami Beach, FL 33141
NORMANDY WATERWAY SUB
500 Alton Rd # 3605, Miami Beach, FL 33139
$4,695,000New
3 bd · 4 ba · 1,969 sqft
500 Alton Rd # 3605, Miami Beach, FL 33139
Five Park Miami Beach
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
6899 Collins Ave # 403, Miami Beach, FL 33141
$4,650,000New
3 bd · 4 ba · 3,005 sqft
6899 Collins Ave # 403, Miami Beach, FL 33141
NORTH CARILLON BEACH COND
8701 Collins Ave # 404, Miami Beach, FL 33154
$4,526,000
2 bd · 3 ba · 1,457 sqft
8701 Collins Ave # 404, Miami Beach, FL 33154
Eighty Seven Park
2134 Fisher Island Dr # 2134, Miami Beach, FL 33109
$4,500,000
3 bd · 4 ba · 2,744 sqft
2134 Fisher Island Dr # 2134, Miami Beach, FL 33109
BAYSIDE VILLAGE EAST
100 S Pointe Dr # 2003, Miami Beach, FL 33139
$4,500,000
1 bd · 2 ba · 1,365 sqft
100 S Pointe Dr # 2003, Miami Beach, FL 33139
CONTINUUM ON SOUTH BEACH
350 Meridian Ave # 201, Miami Beach, FL 33139
$4,500,000New
3 bd · 4 ba · 1,866 sqft
350 Meridian Ave # 201, Miami Beach, FL 33139
350 Meridian

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

1,911
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 $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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