MIAMI LUXHomes

Miami Beach Homes for Sale under $500K

1,771 listings

Live MLS inventory in Miami Beach, updated continuously.

900 4th St # 6, Miami Beach FL 33139
$1,290,000
2 bd · 2 ba · 1,164 sqft
900 4th St # 6, Miami Beach FL 33139
Manhattan
5025 Collins Ave # 1602, Miami Beach FL 33140
$1,280,000New
2 bd · 2 ba · 1,350 sqft
5025 Collins Ave # 1602, Miami Beach FL 33140
CAPOBELLA CONDO
Listing
$1,275,000
2 bd · 2 ba · 1,830 sqft
The Ashley
1030 15th St # 321, Miami Beach FL 33139
$1,275,000
2 bd · 2 ba · 1,101 sqft
1030 15th St # 321, Miami Beach FL 33139
TEN30 CONDO
6700 Indian Creek Dr # 1102, Miami Beach FL 33141
$1,270,000
3 bd · 3 ba · 1,230 sqft
6700 Indian Creek Dr # 1102, Miami Beach FL 33141
Eden House
5445 Collins Ave # TH-11, Miami Beach FL 33140
$1,255,000
1 bd · 2 ba ·
5445 Collins Ave # TH-11, Miami Beach FL 33140
Castle beach
5255 Collins Ave # 12E, Miami Beach FL 33140
$1,250,000New
2 bd · 3 ba · 2,324 sqft
5255 Collins Ave # 12E, Miami Beach FL 33140
IMPERIAL HOUSE
1500 Ocean Dr # 1109, Miami Beach FL 33139
$1,250,000
1 bd · 2 ba · 940 sqft
1500 Ocean Dr # 1109, Miami Beach FL 33139
1500 OCEAN DRIVE CONDO
1330 West Avenue # 3404, Miami Beach FL 33139
$1,250,000
2 bd · 2 ba · 1,084 sqft
1330 West Avenue # 3404, Miami Beach FL 33139
THE WAVERLY AT SOUTH BEAC
6301 Collins Ave # 2107, Miami Beach FL 33141
$1,250,000
2 bd · 2 ba · 1,340 sqft
6301 Collins Ave # 2107, Miami Beach FL 33141
LA GORCE PALACE CONDO
2655 Collins Ave # 2302, Miami Beach FL 33140
$1,250,000
2 bd · 2 ba · 1,645 sqft
2655 Collins Ave # 2302, Miami Beach FL 33140
MIRASOL OCEAN TOWERS
4779 Collins Ave # 1206, Miami Beach FL 33140
$1,240,000
1 bd · 2 ba · 1,100 sqft
4779 Collins Ave # 1206, Miami Beach FL 33140
BLUE DIAMOND CONDO
1330 West Ave # 2601, Miami Beach FL 33139
$1,230,000New
2 bd · 2 ba · 1,262 sqft
1330 West Ave # 2601, Miami Beach FL 33139
THE WAVERLY AT SOUTH BEAC
6899 Collins Avenue # 1203, Miami Beach FL 33141
$1,225,000
2 bd · 2 ba · 1,280 sqft
6899 Collins Avenue # 1203, Miami Beach FL 33141
Carillon
6301 Collins Ave # 3006, Miami Beach FL 33141
$1,220,000
2 bd · 2 ba · 1,220 sqft
6301 Collins Ave # 3006, Miami Beach FL 33141
La Gorce Palace
2301 Collins Ave # 504, Miami Beach FL 33139
$1,210,000
1 bd · 2 ba · 880 sqft
2301 Collins Ave # 504, Miami Beach FL 33139
RONEY PALACE CONDO
4391 Collins Ave # 1502, Miami Beach FL 33140
$1,200,000
0 bd · 1 ba · 544 sqft
4391 Collins Ave # 1502, Miami Beach FL 33140
FONTAINEBLEAU III
405 N Hibiscus Dr # 202, Miami Beach FL 33139
$1,200,000New
1 bd · 1 ba · 620 sqft
405 N Hibiscus Dr # 202, Miami Beach FL 33139
ISLAND CLUB OF SOUTH BEAT
2155 Washington Ct # 210, Miami Beach FL 33139
$1,200,000New
2 bd · 2 ba · 1,288 sqft
2155 Washington Ct # 210, Miami Beach FL 33139
ArteCity
4391 Collins Ave # 1501, Miami Beach FL 33140
$1,200,000
0 bd · 1 ba · 574 sqft
4391 Collins Ave # 1501, Miami Beach FL 33140
FONTAINEBLEAU III
5151 Collins Ave # 1420, Miami Beach FL 33140
$1,200,000New
2 bd · 2 ba · 1,500 sqft
5151 Collins Ave # 1420, Miami Beach FL 33140
SEACOAST
6801 Collins Ave # 1110 (Door 1106), Miami Beach FL 33141
$1,200,000
2 bd · 2 ba · 1,103 sqft
6801 Collins Ave # 1110 (Door 1106), Miami Beach FL 33141
Carillon Beach
5161 Collins Ave # 1508, Miami Beach FL 33140
$1,200,000
2 bd · 2 ba · 1,040 sqft
5161 Collins Ave # 1508, Miami Beach FL 33140
SEACOAST
1600 Michigan Ave # 7, Miami Beach FL 33139
$1,200,000
2 bd · 2 ba · 1,128 sqft
1600 Michigan Ave # 7, Miami Beach FL 33139
MICHIGAN PLACE CONDO

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.

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