Miami Homes for Sale under $5M

5,000+ listings

Live MLS inventory in Miami, updated continuously.

$2,075,000New

3 bd · 4 ba · 1,698 sqft

2900 NE 7th Ave # 3702, Miami, FL 33137

BISCAYNE BEACH

39 NE 39th Street # 405, Miami, FL 33137

$2,072,000

1 bd · 2 ba · 1,036 sqft

39 NE 39th Street # 405, Miami, FL 33137

Fouquet's

$2,050,000

3 bd · 4 ba · 1,759 sqft

700 NE 24 STREET # 805, Miami, FL 33137

ARIA RESERVE SOUTH

1451 Brickell Ave # 3102, Miami, FL 33131

$2,050,000

2 bd · 3 ba · 1,634 sqft

1451 Brickell Ave # 3102, Miami, FL 33131

ECHO BRICKELL

$2,050,000New

4 bd · 4 ba · 3,041 sqft

20501 NE 22nd Pl, Miami, FL 33180

HIGHLAND OAK GARDENS SEC

$2,039,000New

2 bd · 3 ba ·

2411 Laguna Cir # 1402, Miami, FL 33181

ONE PARK TOWER

$2,015,000

1 bd · 2 ba · 988 sqft

175 NE 10 Street # 44A, Miami, FL 33132

JEM Miami Worldcenter

848 Brickell Key Dr # 1906, Miami, FL 33131

$2,000,000

3 bd · 4 ba · 2,293 sqft

848 Brickell Key Dr # 1906, Miami, FL 33131

Three Tequesta Point

$2,000,000

5 bd · 4 ba · 2,682 sqft

1935 SW 10th Street, Miami, FL 33135

Tamiami Heights

700 NE 24th Street # 3002, Miami, FL 33137

$2,000,000

2 bd · 3 ba · 1,571 sqft

700 NE 24th Street # 3002, Miami, FL 33137

$2,000,000

2 bd · 2 ba · 1,102 sqft

175 SE 25 Rd # 1103, Miami, FL 33129

UNA RESIDENCES

$2,000,000

5 bd · 2 ba · 1,971 sqft

3373 Thomas Ave, Miami, FL 33133

DE HEDOUVILLES SUB

$2,000,000New

5 bd · 3.5 ba · 2,810 sqft

2451 NE 199th Street, Miami, FL 33180

1331 Brickell Bay Dr # 2801, Miami, FL 33131

$2,000,000

2 bd · 3 ba · 1,878 sqft

1331 Brickell Bay Dr # 2801, Miami, FL 33131

JADE RESIDENCES AT BRICKE

848 Brickell Key Dr # 306, Miami, FL 33131

$2,000,000

2 bd · 3 ba · 1,763 sqft

848 Brickell Key Dr # 306, Miami, FL 33131

TEQUESTA THREE

$2,000,000

4 bd · 4 ba · 2,095 sqft

3520 SW 25th Ter, Miami, FL 33133

SILVER BLUFF HOMESITES

$2,000,000

2 bd · 2 ba · 945 sqft

20 NE 11th St # 3706, Miami, FL 33132

E11even Residences

$2,000,000New

2 bd · 3 ba · 1,945 sqft

60 SW 13th St # 5210, Miami, FL 33130

INFINITY AT BRICKELL

$1,999,999

4 bd · 5 ba · 4,567 sqft

8215 Grand Canal Dr, Miami, FL 33144

FLAGLER WATERWAY ESTATES

$1,999,999

4 bd · 6 ba · 4,130 sqft

20215 W Oak Haven Cir, Miami, FL 33179

OAK HAVEN SUB SEC 3

$1,999,900

4 bd · 4 ba · 2,978 sqft

3201 SW 129th Ave, Miami, FL 33175

J G HEADS FARMS UNIT A

$1,999,900New

3 bd · 3 ba · 2,040 sqft

100 NW 120th Ave, Miami, FL 33182

SWEETWATER ESTS SUB

$1,999,900

4 bd · 3 ba · 3,425 sqft

10600 SW 140th St, Miami, FL 33176

MARY ANN ESTATES 1ST ADDN

$1,999,900

3 bd · 4 ba · 2,204 sqft

851 NE 1st Ave # 3201, Miami, FL 33132

Paramount

Homes for Sale under $5M in Miami: How This Market Works

No two Miami condo searches look alike, because the city is really a collection of vertical markets — a glass tower over Biscayne Boulevard lives nothing like a mid-rise off Coral Way or a loft near the Miami River. Serious buyers start by picking a district, from Brickell and Edgewater to Coconut Grove and Little Havana, and only then compare buildings, since amenities, HOA culture and price per foot shift block by block.

A ceiling of $5.0M reframes the Miami search around efficiency — which listings deliver the most location, space or building quality without crossing the line. Markets shaped by district-by-district condo shopping across Miami's tallest skyline 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 Market Snapshot

10,390

Homes sold, last 12 months

$570K

Median sale price

52 days

Median time on market

Frequently Asked Questions

How do I spot genuine value under $5.0M in Miami?

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 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.