MIAMI LUXHomes

Miami Beach Homes for Sale under $5M

1,768 listings

Live MLS inventory in Miami Beach, updated continuously.

520 West Ave # 2101, Miami Beach, FL 33139
$2,740,000
3 bd · 4 ba · 1,994 sqft
520 West Ave # 2101, Miami Beach, FL 33139
THE BENTLEY BAY CONDO
101 20th St # 2504, Miami Beach, FL 33139
$2,720,000
2 bd · 2 ba · 1,141 sqft
101 20th St # 2504, Miami Beach, FL 33139
SETAI RESORT
1300 Monad Ter # 7C, Miami Beach, FL 33139
$2,700,000
2 bd · 3 ba · 1,453 sqft
1300 Monad Ter # 7C, Miami Beach, FL 33139
MONAD TERRACE CONDO
3166 Royal Palm Ave, Miami Beach, FL 33140
$2,700,000
4 bd · 5 ba · 2,452 sqft
3166 Royal Palm Ave, Miami Beach, FL 33140
ORCHARD SUB NO 1
1860 Cleveland Rd, Miami Beach, FL 33141
$2,700,000
3 bd · 3 ba · 2,786 sqft
1860 Cleveland Rd, Miami Beach, FL 33141
BISCAYNE POINT
4401 Collins Ave # 3202/3204, Miami Beach, FL 33140
$2,700,000
2 bd · 3 ba · 1,496 sqft
4401 Collins Ave # 3202/3204, Miami Beach, FL 33140
Fontainebleau II Tresor
5660 Collins Ave # 18A, Miami Beach, FL 33140
$2,699,000
4 bd · 5 ba · 4,587 sqft
5660 Collins Ave # 18A, Miami Beach, FL 33140
5660
6103 Aqua Ave # 701, Miami Beach, FL 33141
$2,696,000
4 bd · 5 ba · 2,752 sqft
6103 Aqua Ave # 701, Miami Beach, FL 33141
SPEAR AT AQUA CONDO
6899 Collins Ave # 2208, Miami Beach, FL 33141
$2,690,000
2 bd · 2 ba · 1,290 sqft
6899 Collins Ave # 2208, Miami Beach, FL 33141
Carillon Miami Beach
4401 Collins Ave # 702/704, Miami Beach, FL 33140
$2,675,000
2 bd · 3 ba · 1,496 sqft
4401 Collins Ave # 702/704, Miami Beach, FL 33140
FONTAINEBLEAU II TRESOR
771 Fairway Dr, Miami Beach, FL 33141
$2,675,000
3 bd · 4 ba · 2,146 sqft
771 Fairway Dr, Miami Beach, FL 33141
NORMANDY GOLF COURSE
7970 Hawthorne Ave, Miami Beach, FL 33141
$2,670,000New
4 bd · 3 ba · 2,496 sqft
7970 Hawthorne Ave, Miami Beach, FL 33141
BISCAYNE POINT
102 24th Street # 1512, Miami Beach, FL 33139
$2,650,000New
1 bd · 1 ba · 866 sqft
102 24th Street # 1512, Miami Beach, FL 33139
4391 Collins Ave # 506/507, Miami Beach, FL 33140
$2,649,000
2 bd · 3 ba · 1,502 sqft
4391 Collins Ave # 506/507, Miami Beach, FL 33140
FONTAINEBLEAU III
250 Collins Ave # 201, Miami Beach, FL 33139
$2,615,000
3 bd · 3 ba · 1,550 sqft
250 Collins Ave # 201, Miami Beach, FL 33139
Villa Sofia
250 Collins Ave # 207, Miami Beach, FL 33139
$2,603,508
3 bd · 3 ba · 1,546 sqft
250 Collins Ave # 207, Miami Beach, FL 33139
Villa Sofia
5875 Collins Ave # 708, Miami Beach, FL 33140
$2,600,000
3 bd · 4 ba · 1,742 sqft
5875 Collins Ave # 708, Miami Beach, FL 33140
MEI CONDO
4701 N Meridian Ave # 209, Miami Beach, FL 33140
$2,600,000
2 bd · 2 ba · 1,749 sqft
4701 N Meridian Ave # 209, Miami Beach, FL 33140
RITZ CARLTON RESIDENCES
500 Alton Rd # 1602, Miami Beach, FL 33139
$2,599,000
2 bd · 3 ba · 1,201 sqft
500 Alton Rd # 1602, Miami Beach, FL 33139
FIVE PARK
5875 Collins Ave # 1008, Miami Beach, FL 33140
$2,595,000
3 bd · 4 ba · 1,742 sqft
5875 Collins Ave # 1008, Miami Beach, FL 33140
MEI CONDO
7811 Carlyle Ave, Miami Beach, FL 33141
$2,590,000
6 bd · 6 ba · 3,405 sqft
7811 Carlyle Ave, Miami Beach, FL 33141
ALTOS DEL MAR NO 3
1425 Bay Rd, Miami Beach, FL 33139
$2,550,000
3 bd · 4 ba · 0 sqft
1425 Bay Rd, Miami Beach, FL 33139
La Linda South Beach
90 Alton Rd # PH3209, Miami Beach, FL 33139
$2,500,000New
2 bd · 2 ba · 1,490 sqft
90 Alton Rd # PH3209, Miami Beach, FL 33139
YACHT CLUB AT PORTOFINO
7300 Trouville Esplanade # 3, Miami Beach, FL 33141
$2,500,000
4 bd · 3 ba · 2,770 sqft
7300 Trouville Esplanade # 3, Miami Beach, FL 33141
LA LINDA MIAMI BEACH

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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