MIAMI LUXHomes

Homes for Sale under $500K in Miami Beach, Florida

1,873 listings

Newest arrivals first — every matching home in Miami Beach, refreshed as listings hit the market.

176 S Hibiscus Drive, Miami Beach, FL 33139
$18,499,000
6 bd · 7 ba · 6,211 sqft
176 S Hibiscus Drive, Miami Beach, FL 33139
HIBISCUS ISLAND
1200 West Ave # 815, Miami Beach, FL 33139
$499,000
1 bd · 2 ba · 990 sqft
1200 West Ave # 815, Miami Beach, FL 33139
MIRADOR 1200
5005 Collins Ave # 1224, Miami Beach, FL 33140
$809,999
2 bd · 2 ba · 1,350 sqft
5005 Collins Ave # 1224, Miami Beach, FL 33140
THE CARRIAGE CLUB NORTH
1228 West Ave # 1506, Miami Beach, FL 33139
$365,000
1 bd · 2 ba · 750 sqft
1228 West Ave # 1506, Miami Beach, FL 33139
BAYVIEW TERR CONDO
1000 West Ave # 1006, Miami Beach, FL 33139
$295,000
0 bd · 1 ba · 543 sqft
1000 West Ave # 1006, Miami Beach, FL 33139
Mirador South
1000 West Ave # 509, Miami Beach, FL 33139
$435,000
1 bd · 1 ba · 852 sqft
1000 West Ave # 509, Miami Beach, FL 33139
Mirador 1000
7330 Ocean Ter # PH-D, Miami Beach, FL 33141
$1,350,000
2 bd · 2 ba · 1,410 sqft
7330 Ocean Ter # PH-D, Miami Beach, FL 33141
ST TROPEZ OCEAN
734 Michigan Ave # 7, Miami Beach, FL 33139
$1,520,000
2 bd · 3 ba · 1,428 sqft
734 Michigan Ave # 7, Miami Beach, FL 33139
734 Michigan
450 Alton Rd # PH 4104, Miami Beach, FL 33139
$2,625,000
2 bd · 2 ba · 1,536 sqft
450 Alton Rd # PH 4104, Miami Beach, FL 33139
ICON SOUTH BEACH
2020 Prairie Ave # 302, Miami Beach, FL 33139
$649,900
2 bd · 2 ba · 1,043 sqft
2020 Prairie Ave # 302, Miami Beach, FL 33139
2020 Loft Condo
1800 Sunset Harbour Dr # 1109, Miami Beach, FL 33139
$699,900
1 bd · 2 ba · 800 sqft
1800 Sunset Harbour Dr # 1109, Miami Beach, FL 33139
SUNSET HARBOUR SOUTH
100 Lincoln Rd # 502, Miami Beach, FL 33139
$499,900
1 bd · 1 ba · 820 sqft
100 Lincoln Rd # 502, Miami Beach, FL 33139
THE DECOPLAGE
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
3746 Chase Ave, Miami Beach, FL 33140
$9,600,000
13 bd · 10 ba · 6,949 sqft
3746 Chase Ave, Miami Beach, FL 33140
MID GOLF SUB 1ST ADDN
1330 West Ave # 614, Miami Beach, FL 33139
$695,000New
2 bd · 2 ba · 1,262 sqft
1330 West Ave # 614, Miami Beach, FL 33139
Waverly
2829 Indian Creek Drive # 510, Miami Beach, FL 33140
$549,900New
2 bd · 2 ba · 900 sqft
2829 Indian Creek Drive # 510, Miami Beach, FL 33140
5701 Collins Ave # 619, Miami Beach, FL 33140
$495,000
1 bd · 2 ba · 825 sqft
5701 Collins Ave # 619, Miami Beach, FL 33140
Arlen Beach
5262 LA GORCE Drive, Miami Beach, FL 33140
$6,495,000
4 bd · 4.5 ba · 3,223 sqft
5262 LA GORCE Drive, Miami Beach, FL 33140
900 Bay Drive # 303, Miami Beach, FL 33141
$220,000
0 bd · 1 ba · 678 sqft
900 Bay Drive # 303, Miami Beach, FL 33141
1045 Lenox Avenue # 6, Miami Beach, FL 33139
$499,999
2 bd · 2 ba · 925 sqft
1045 Lenox Avenue # 6, Miami Beach, FL 33139
5225 Collins Avenue # 1408, Miami Beach, FL 33140
$650,000
2 bd · 2 ba · 960 sqft
5225 Collins Avenue # 1408, Miami Beach, FL 33140
6830 Indian Creek Dr # 7E, Miami Beach, FL 33141
$585,000
2 bd · 2 ba · 1,130 sqft
6830 Indian Creek Dr # 7E, Miami Beach, FL 33141
Indian Creek Club Marina
401 69th St # 407, Miami Beach, FL 33141
$279,000
1 bd · 1 ba · 934 sqft
401 69th St # 407, Miami Beach, FL 33141
BLU OF NORTH BEACH
2520 Shelter Ave, Miami Beach, FL 33140
$19,750,000
6 bd · 7 ba · 5,768 sqft
2520 Shelter Ave, Miami Beach, FL 33140
SUNSET ISLANDS-ISLAND NO

Homes for Sale under $500K in Miami Beach — A Local's Guide

Miami Beach runs from South of Fifth's luxury enclave through the Art Deco district to Mid-Beach's resort row and North Beach's neighborhood blocks. The island trades on sand and scarcity: supply is capped by water on both sides, and the buildings range from 1930s gems to branded residences over five-star hotels.

Capping the search at $500K turns the Miami Beach market into a value hunt — and value here hides in specific pockets: an older building with fees that undersell its location, a property type the market overlooks, a block one street off the prime grid. Known for the Art Deco district, oceanfront resort residences and South of Fifth, Miami Beach always has a below-the-radar corner; this page keeps every listing under the cap in one view so it can't hide.

Miami Beach Market Snapshot

1,898
Homes sold, last 12 months
$608K
Median sale price
84 days
Median time on market

Frequently Asked Questions

What can I actually buy in Miami Beach under $500K?

The honest inventory is on this page, updated continuously — and the mix shifts month to month. As a rule, condos stretch a capped budget furthest, townhomes buy space, and houses under a cap trade fastest. We'll tell you plainly which listings are priced low for a reason.

Are there hidden costs beyond the price in Miami Beach?

Budget association fees on condos and townhomes, insurance that varies with roof age and flood zone, and Florida's closing costs of roughly two to three percent for buyers. We produce a true monthly-cost sheet for any listing before you offer, so the cap holds after closing too.

How do I tour a home in Miami Beach?

Every listing on this page has an inquiry form that reaches the broker directly — or call +1 786-370-8570. We arrange private showings around your schedule, including video tours for out-of-town buyers, and there is never an obligation.

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