MIAMI LUXHomes

Homes for Sale under $5M in Miami Beach, Florida

1,686 listings

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

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
1542 Drexel Ave # 301, Miami Beach, FL 33139
$288,000New
1 bd · 1 ba · 580 sqft
1542 Drexel Ave # 301, Miami Beach, FL 33139
The Ruskin
1400 Lincoln Rd # 301, Miami Beach, FL 33139
$329,000New
1 bd · 1 ba · 841 sqft
1400 Lincoln Rd # 301, Miami Beach, FL 33139
Lincoln Plaza Condo
5775 Collins Ave # 1005, Miami Beach, FL 33140
$2,950,000New
2 bd · 3 ba · 1,245 sqft
5775 Collins Ave # 1005, Miami Beach, FL 33140
57 Ocean
918 Ocean Dr # 201, Miami Beach, FL 33139
$460,000New
0 bd · 1 ba · 440 sqft
918 Ocean Dr # 201, Miami Beach, FL 33139
918 OCEAN DRIVE CONDO
899 West Ave # 7A, Miami Beach, FL 33139
$600,000New
2 bd · 2 ba · 1,098 sqft
899 West Ave # 7A, Miami Beach, FL 33139
BAYCOURT TOWERS CONDO
6545 Indian Creek Drive # 408, Miami Beach, FL 33141
$235,000
1 bd · 2 ba · 745 sqft
6545 Indian Creek Drive # 408, Miami Beach, FL 33141
The Clinton Condominium
2155 Washington Ct # 205, Miami Beach, FL 33139
$450,000
1 bd · 2 ba · 748 sqft
2155 Washington Ct # 205, Miami Beach, FL 33139
ARTEPARK NORTH CONDO
2155 Washington Ct # 303, Miami Beach, FL 33139
$550,000
1 bd · 2 ba · 748 sqft
2155 Washington Ct # 303, Miami Beach, FL 33139
ARTEPARK NORTH CONDO
5225 Collins Ave # 1516, Miami Beach, FL 33140
$564,000
2 bd · 2 ba · 960 sqft
5225 Collins Ave # 1516, Miami Beach, FL 33140
THE ALEXANDER CONDO
90 Alton Rd # 2207, Miami Beach, FL 33139
$870,000
1 bd · 1 ba · 740 sqft
90 Alton Rd # 2207, Miami Beach, FL 33139
The Yacht Club Portofino
1455 Michigan Ave # 2, Miami Beach, FL 33139
$269,000New
1 bd · 1 ba · 550 sqft
1455 Michigan Ave # 2, Miami Beach, FL 33139
1455 MICHIGAN AVE CONDO
1200 Euclid Ave # 102, Miami Beach, FL 33139
$215,000New
1 bd · 1 ba · 520 sqft
1200 Euclid Ave # 102, Miami Beach, FL 33139
THE FENIMORE CONDO
1051 Meridian Ave # 1K, Miami Beach, FL 33139
$209,000New
1 bd · 1 ba · 540 sqft
1051 Meridian Ave # 1K, Miami Beach, FL 33139
The Flamingo Condo
6235 Alton Rd, Miami Beach, FL 33140
$1,999,000New
3 bd · 4 ba · 1,761 sqft
6235 Alton Rd, Miami Beach, FL 33140
BEACH VIEW ADDN
1540 Cleveland Rd, Miami Beach, FL 33141
$4,400,000
5 bd · 4 ba · 2,849 sqft
1540 Cleveland Rd, Miami Beach, FL 33141
BISCAYNE POINT
1000 West Ave # 808, Miami Beach, FL 33139
$405,000
1 bd · 1 ba · 852 sqft
1000 West Ave # 808, Miami Beach, FL 33139
MIRADOR 1000 CONDO
1255 Collins Ave # 208, Miami Beach, FL 33139
$290,000
1 bd · 1 ba · 584 sqft
1255 Collins Ave # 208, Miami Beach, FL 33139
Islander Condominium
1330 West Ave # 2601, Miami Beach, FL 33139
$1,230,000
2 bd · 2 ba · 1,262 sqft
1330 West Ave # 2601, Miami Beach, FL 33139
THE WAVERLY AT SOUTH BEAC
580 72nd Street # 1102, Miami Beach, FL 33141
$1,675,000
2 bd · 2 ba · 884 sqft
580 72nd Street # 1102, Miami Beach, FL 33141
1990 Marseille Dr # 303, Miami Beach, FL 33141
$210,000
1 bd · 2 ba · 672 sqft
1990 Marseille Dr # 303, Miami Beach, FL 33141
Lissette condo
1560 Meridian Ave # 108, Miami Beach, FL 33139
$235,000
1 bd · 1 ba · 443 sqft
1560 Meridian Ave # 108, Miami Beach, FL 33139
ELENA CONDO

Homes for Sale under $5M 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 $5.0M 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
$600K
Median sale price
84 days
Median time on market

Frequently Asked Questions

What can I actually buy in Miami Beach under $5.0M?

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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