MIAMI LUXHomes

Miami Beach Homes for Sale under $5M

1,768 listings

Live MLS inventory in Miami Beach, updated continuously.

5875 Collins Ave # 902, Miami Beach, FL 33140
$3,750,000
3 bd · 4 ba · 1,725 sqft
5875 Collins Ave # 902, Miami Beach, FL 33140
MEI
2201 Collins Ave # 1511, Miami Beach, FL 33139
$3,750,000
2 bd · 3 ba · 1,287 sqft
2201 Collins Ave # 1511, Miami Beach, FL 33139
2201 COLLINS AVE CONDO
1777 Daytonia Rd, Miami Beach, FL 33141
$3,700,000
4 bd · 3 ba · 3,238 sqft
1777 Daytonia Rd, Miami Beach, FL 33141
BISCAYNE POINT
5875 Collins Ave # 1102, Miami Beach, FL 33140
$3,700,000New
3 bd · 4 ba · 1,725 sqft
5875 Collins Ave # 1102, Miami Beach, FL 33140
MEI CONDO
5149 Alton Rd, Miami Beach, FL 33140
$3,697,000
5 bd · 5 ba · 3,522 sqft
5149 Alton Rd, Miami Beach, FL 33140
LAKE VIEW SUB
102 24 # 1545, Miami Beach, FL 33139
$3,650,000
2 bd · 2 ba · 1,104 sqft
102 24 # 1545, Miami Beach, FL 33139
1 Hotel & Homes
400 Alton Rd # PH11, Miami Beach, FL 33139
$3,650,000
2 bd · 2 ba · 1,649 sqft
400 Alton Rd # PH11, Miami Beach, FL 33139
Murano Grande
1709 Jefferson Ave # TH-08, Miami Beach, FL 33139
$3,599,000
4 bd · 9 ba · 3,391 sqft
1709 Jefferson Ave # TH-08, Miami Beach, FL 33139
VILLA 17 CONDOMINIUM
707 W 54th St, Miami Beach, FL 33140
$3,590,000
4 bd · 4 ba · 3,406 sqft
707 W 54th St, Miami Beach, FL 33140
LA GORCE GOLF SUB
1930 Bay Dr # PH1, Miami Beach, FL 33141
$3,550,000
3 bd · 4 ba · 2,551 sqft
1930 Bay Dr # PH1, Miami Beach, FL 33141
COSABELLA ON THE BAY
1455 Ocean Dr # 904, Miami Beach, FL 33139
$3,500,000
2 bd · 3 ba · 1,660 sqft
1455 Ocean Dr # 904, Miami Beach, FL 33139
il villaggio
300 S Pointe Dr # 2104, Miami Beach, FL 33139
$3,500,000
2 bd · 3 ba · 2,040 sqft
300 S Pointe Dr # 2104, Miami Beach, FL 33139
Portofino Tower Condo
234 Washington Ave # A, Miami Beach, FL 33139
$3,500,000New
3 bd · 3 ba · 2,463 sqft
234 Washington Ave # A, Miami Beach, FL 33139
OCEAN BEACH
300 S Pointe Dr # 3604, Miami Beach, FL 33139
$3,500,000
2 bd · 3 ba · 1,960 sqft
300 S Pointe Dr # 3604, Miami Beach, FL 33139
Portofino Tower
650 West Ave # 1203/1205, Miami Beach, FL 33139
$3,500,000
3 bd · 4 ba · 1,824 sqft
650 West Ave # 1203/1205, Miami Beach, FL 33139
Floridian
5775 Collins Ave # 506, Miami Beach, FL 33140
$3,500,000
2 bd · 3 ba · 1,363 sqft
5775 Collins Ave # 506, Miami Beach, FL 33140
57 OCEAN CONDO
900 W 47th Ct, Miami Beach, FL 33140
$3,500,000
3 bd · 3 ba · 1,881 sqft
900 W 47th Ct, Miami Beach, FL 33140
NAUTILUS ADDN
2901 Indian Creek Dr # THA, Miami Beach, FL 33140
$3,500,000
2 bd · 3 ba · 1,452 sqft
2901 Indian Creek Dr # THA, Miami Beach, FL 33140
29 Indian Creek
300 Pointe Dr # 2806, Miami Beach, FL 33139
$3,499,000New
2 bd · 3 ba · 2,040 sqft
300 Pointe Dr # 2806, Miami Beach, FL 33139
PORTOFINO TOWER
1900 Sunset Harbour Dr # PH03, Miami Beach, FL 33139
$3,499,000
3 bd · 4 ba · 2,580 sqft
1900 Sunset Harbour Dr # PH03, Miami Beach, FL 33139
Sunset Harbour North
2301 Collins Ave # 1003/1004, Miami Beach, FL 33139
$3,490,000New
2 bd · 2 ba · 1,840 sqft
2301 Collins Ave # 1003/1004, Miami Beach, FL 33139
RONEY PALACE CONDO
500 Alton Rd. # 3004, Miami Beach, FL 33139
$3,470,000
2 bd · 3 ba · 1,434 sqft
500 Alton Rd. # 3004, Miami Beach, FL 33139
FIVE PARK
501 West Ave # 3404, Miami Beach, FL 33139
$3,450,000New
2 bd · 3 ba · 1,434 sqft
501 West Ave # 3404, Miami Beach, FL 33139
Five Park Miami Beach
3737 Collins Ave # S-1003, Miami Beach, FL 33140
$3,399,000
2 bd · 3 ba · 1,621 sqft
3737 Collins Ave # S-1003, Miami Beach, FL 33140
CARRIBEAN 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

1,901
Homes sold, last 12 months
$590K
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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