$4,599,000New
6 bd · 8 ba · 6,676 sqft
650 NE 32nd St # BH2, Miami, FL 33137
Paraiso Bay Condo
Homes for Sale under $5M Across Miami Design District
528 listingsCurrent homes for sale under $5m across Miami Design District, drawn straight from the MLS feed and ordered largest residence first — open any card for photos, unit details and its spot on the map.
$3,800,000
4 bd · 4 ba · 5,070 sqft
3449 NE 1ST STREET # L64, Miami, FL 33137
TWO MIDTOWN MIAMI
$4,750,000
4 bd · 5 ba · 4,055 sqft
2020 N Bayshore Dr # PH 4702, Miami, FL 33137
PARAMOUNT BAY
$3,990,000
4 bd · 5 ba · 3,887 sqft
788 NE 23rd St # 4802, Miami, FL 33137
Elysee
$4,988,888
4 bd · 6 ba · 3,788 sqft
700 NE 26th Ter # 4403, Miami, FL 33137
MISSONI BAIA
$2,823,620
4 bd · 4 ba · 3,719 sqft
5934 NE 4th ct, Miami, FL 33137
BAYSHORE A
$4,500,000New
3 bd · 4 ba · 3,678 sqft
700 NE 26th Ter # PH-01, Miami, FL 33137
MISSONI BAIA
$2,850,000
4 bd · 5 ba · 3,661 sqft
300 NE 48th St, Miami, FL 33137
BRENTWOOD
$4,198,900
4 bd · 6 ba · 3,520 sqft
725 NE 24th St # 2801, Miami, FL 33137
ARIA RESERVE
$3,500,000
6 bd · 3 ba · 3,476 sqft
525 NE 58th Street, Miami, FL 33137
Bayshore Unit 02
$3,350,000
3 bd · 5 ba · 3,336 sqft
650 NE 32nd St # BH4, Miami, FL 33137
Paraiso Bay
$4,300,000New
3 bd · 4 ba · 3,267 sqft
788 NE 23rd St # 1801, Miami, FL 33137
Elysee Condominium
$2,600,000
3 bd · 2 ba · 3,237 sqft
4400 NE 1st Ave, Miami, FL 33137
BILTMORE SUB
$3,895,000
4 bd · 6 ba · 3,189 sqft
700 NE 24th Street # 5202, Miami, FL 33137
ARIA RESERVE MIAMI SOUTH
$3,900,000
4 bd · 6 ba · 3,189 sqft
700 NE 24th St # 4702, Miami, FL 33137
ARIA RESERVE SOUTH
$3,000,000
3 bd · 4 ba · 3,175 sqft
650 NE 32nd St # BH7, Miami, FL 33137
PARAISO BAY *VILLA*
$4,995,000
4 bd · 6 ba · 3,137 sqft
3131 NE 7th Ave # UPH5303, Miami, FL 33137
One Paraiso
$2,599,000New
6 bd · 5 ba · 3,082 sqft
31 NE 51st St, Miami, FL 33137
ALTA VISTA
$4,500,000
4 bd · 5 ba · 3,033 sqft
460 NE 50th Ter, Miami, FL 33137
BAYSHORE PLAZA UNIT 5
$2,385,000New
6 bd · 5 ba · 3,018 sqft
137 NE 47th St, Miami, FL 33137
SHADOWLAWN
$2,899,999
3 bd · 4 ba · 2,928 sqft
3470 E Coast Ave # PH207, Miami, FL 33137
TWO MIDTOWN MIAMI CONDO
$4,860,900
4 bd · 6 ba · 2,895 sqft
Aria Reserve Miami
$4,773,000
4 bd · 5 ba · 2,892 sqft
3501 NE 1st Ave # 3301, Miami, FL 33137
Jean Georges Miami Tropic
$4,150,000
4 bd · 5 ba · 2,845 sqft
2020 N Bayshore Dr # PH-4104, Miami, FL 33137
PARAMOUNT BAY CONDO
Homes for Sale under $5M in Miami Design District: How This Market Works
Above the flagship boutiques and museum spaces of the Miami Design District, a thin layer of residences is taking shape — boutique condos for buyers who want Hermès and ICA Miami downstairs. Edgewater's bay towers and Buena Vista's historic blocks round out the surrounding options.
A ceiling of $5.0M reframes the Miami Design District search around efficiency — which listings deliver the most location, space or building quality without crossing the line. Markets shaped by residences above flagship boutiques and galleries 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.
Frequently Asked Questions
How do I spot genuine value under $5.0M in Miami Design District?
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 Design District 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.