MIAMI PRIMECondos

South Miami Homes for Sale under $350K

8 listings

Live MLS inventory in South Miami, updated continuously.

Homes for Sale under $350K in South Miami: How This Market Works

The draw in South Miami is a downtown you can actually use on foot — Sunset Drive's restaurants and shops sit beside a Metrorail station, with quiet single-family streets folding in behind. The hospital campus supplies steady housing demand, and both Coral Gables and Coconut Grove are a five-minute drive in either direction.

A ceiling of $350K reframes the South Miami search around efficiency — which listings deliver the most location, space or building quality without crossing the line. Markets shaped by Metrorail access and a walkable Sunset Drive core 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.

South Miami Market Snapshot

124
Homes sold, last 12 months
$931K
Median sale price
52 days
Median time on market

Frequently Asked Questions

How do I spot genuine value under $350K in South 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 $350K are bargains and which are cheap for reasons that will follow you to resale.

Will my monthly cost stay in budget after buying under $350K?

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 South 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.

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