MIAMI LUXHomes

Miami Beach Homes for Sale under $500K

1,771 listings

Live MLS inventory in Miami Beach, updated continuously.

650 West Ave # PH09, Miami Beach FL 33139
$1,999,000
2 bd · 3 ba · 1,351 sqft
650 West Ave # PH09, Miami Beach FL 33139
THE FLORIDIAN CONDO
6311 La Gorce Dr, Miami Beach FL 33141
$1,999,000
3 bd · 3 ba · 2,247 sqft
6311 La Gorce Dr, Miami Beach FL 33141
BEACH VIEW ADDN
Listing
$1,995,000
1 bd · 2 ba · 851 sqft
EIGHTY SEVEN PARK
4775 Collins Ave # 3608, Miami Beach FL 33140
$1,995,000
2 bd · 2 ba · 1,550 sqft
4775 Collins Ave # 3608, Miami Beach FL 33140
Green Diamond
520 West Ave # 1102, Miami Beach FL 33139
$1,990,000
2 bd · 2 ba · 1,499 sqft
520 West Ave # 1102, Miami Beach FL 33139
THE BENTLEY BAY CONDO
580 72nd St # 1012, Miami Beach FL 33141
$1,990,000New
3 bd · 2 ba · 972 sqft
580 72nd St # 1012, Miami Beach FL 33141
72 PARK
1455 Ocean Dr # 811, Miami Beach FL 33139
$1,980,000
1 bd · 2 ba · 1,370 sqft
1455 Ocean Dr # 811, Miami Beach FL 33139
IL VILLAGGIO SOUTH BEACH
2301 Collins Ave # PH22, Miami Beach FL 33139
$1,975,000
2 bd · 2 ba · 1,230 sqft
2301 Collins Ave # PH22, Miami Beach FL 33139
RONEY PALACE CONDO
3050 Alton Rd, Miami Beach FL 33140
$1,965,000
5 bd · 3 ba · 2,338 sqft
3050 Alton Rd, Miami Beach FL 33140
AMD PLAT OF SUNSET LAKE S
6365 Collins Ave # 3904, Miami Beach FL 33141
$1,950,000
2 bd · 2 ba · 1,151 sqft
6365 Collins Ave # 3904, Miami Beach FL 33141
AKOYA CONDO
6101 Aqua Ave # 703, Miami Beach FL 33141
$1,950,000New
3 bd · 4 ba · 1,862 sqft
6101 Aqua Ave # 703, Miami Beach FL 33141
GORLIN AT AQUA
2001 Meridian Ave # 307, Miami Beach FL 33139
$1,950,000
2 bd · 3 ba · 2,058 sqft
2001 Meridian Ave # 307, Miami Beach FL 33139
The Meridian Condo
580 72nd street # 2102, Miami Beach FL 33141
$1,950,000
2 bd · 2 ba · 884 sqft
580 72nd street # 2102, Miami Beach FL 33141
72 Park
8701 Collins Ave # 1103, Miami Beach FL 33154
$1,940,000
1 bd · 2 ba · 851 sqft
8701 Collins Ave # 1103, Miami Beach FL 33154
87 PARK
2301 Collins Ave # 1007, Miami Beach FL 33139
$1,925,000New
2 bd · 2 ba · 1,230 sqft
2301 Collins Ave # 1007, Miami Beach FL 33139
Roney Palace
756 84th St # PH C, Miami Beach FL 33141
$1,925,000
2 bd · 3 ba · 1,505 sqft
756 84th St # PH C, Miami Beach FL 33141
BISCAYNE BCH SUB
250 Collins Ave # 110, Miami Beach FL 33139
$1,923,236
3 bd · 2 ba · 1,073 sqft
250 Collins Ave # 110, Miami Beach FL 33139
Villa Sofia
535 W 51st St, Miami Beach FL 33140
$1,900,000
3 bd · 2 ba · 1,702 sqft
535 W 51st St, Miami Beach FL 33140
LAKE VIEW SUB
540 West Ave # 2311, Miami Beach FL 33139
$1,900,000
2 bd · 2 ba · 1,223 sqft
540 West Ave # 2311, Miami Beach FL 33139
North Tower
2183 Bay Drive, Miami Beach FL 33141
$1,900,000
4 bd · 3.5 ba · 2,150 sqft
2183 Bay Drive, Miami Beach FL 33141
2001 Meridian Ave # PH-16, Miami Beach FL 33139
$1,895,000
2 bd · 3 ba · 1,809 sqft
2001 Meridian Ave # PH-16, Miami Beach FL 33139
The Meridian
821 Espanola Way, Miami Beach FL 33139
$1,895,000New
5 bd · 5 ba · 2,410 sqft
821 Espanola Way, Miami Beach FL 33139
ESPANOLA VILLAS 1ST ADDN
3739 Collins Avenue # N-604, Miami Beach FL 33140
$1,895,000
2 bd · 3 ba · 1,133 sqft
3739 Collins Avenue # N-604, Miami Beach FL 33140
The Caribbean
250 Collins Av # 101, Miami Beach FL 33139
$1,875,000
3 bd · 2 ba · 1,107 sqft
250 Collins Av # 101, Miami Beach FL 33139
VILLA SOFIA

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

1,908
Homes sold, last 12 months
$593K
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.

Discover Your Perfect Home

Select Property Type
Bedroom Size Homes in Miami Beach
Homes by Price in Miami Beach
Lifestyle & New in Miami Beach
Rentals in Miami Beach
Homes Nearby Miami Beach: Neighborhoods
Homes Nearby Miami Beach: Cities
Homes Nearby Miami Beach: ZIP Codes