MIAMI LUXHomes

Miami Beach Homes for Sale under $5M

1,768 listings

Live MLS inventory in Miami Beach, updated continuously.

50 S Pointe Dr # 905, Miami Beach, FL 33139
$5,595,000New
2 bd · 3 ba · 1,698 sqft
50 S Pointe Dr # 905, Miami Beach, FL 33139
Continuum on South Beach
1201 20th St # PH06, Miami Beach, FL 33139
$5,595,000New
3 bd · 3 ba · 2,734 sqft
1201 20th St # PH06, Miami Beach, FL 33139
Palau Sunset Harbor
19242 Fisher Island Dr # 19242, Miami Beach, FL 33109
$5,500,000
3 bd · 3 ba · 1,875 sqft
19242 Fisher Island Dr # 19242, Miami Beach, FL 33109
Seaside condominium
Listing
$5,500,000
4 bd · 4 ba · 2,684 sqft
ISLE OF NORMANDY MIAMI VI
363 S Hibiscus Dr, Miami Beach, FL 33139
$5,499,000
5 bd · 4 ba · 2,663 sqft
363 S Hibiscus Dr, Miami Beach, FL 33139
HIBISCUS ISLAND
2050 Alton Rd, Miami Beach, FL 33140
$5,495,000
4 bd · 4 ba · 5,052 sqft
2050 Alton Rd, Miami Beach, FL 33140
AMD PLAT OF SUNSET LAKE S
5025 Collins Ave # 1103-1104-1105, Miami Beach, FL 33140
$5,495,000
4 bd · 5 ba · 5,517 sqft
5025 Collins Ave # 1103-1104-1105, Miami Beach, FL 33140
Capobella
6420 Pinetree Drive Cir, Miami Beach, FL 33141
$5,450,000
5 bd · 6 ba · 3,086 sqft
6420 Pinetree Drive Cir, Miami Beach, FL 33141
BEACH VIEW ADDITION
5266 Fisher Island Dr # 5266, Miami Beach, FL 33109
$5,400,000
3 bd · 4 ba · 2,740 sqft
5266 Fisher Island Dr # 5266, Miami Beach, FL 33109
BAYVIEW
101 20th St # 3803, Miami Beach, FL 33139
$5,399,999
3 bd · 3 ba · 1,588 sqft
101 20th St # 3803, Miami Beach, FL 33139
Setai Resort & Residences
6180 Pine Tree Dr, Miami Beach, FL 33140
$5,349,990
4 bd · 3 ba · 3,673 sqft
6180 Pine Tree Dr, Miami Beach, FL 33140
BEACH VIEW ADDN
5959 Collins Ave # 1503, Miami Beach, FL 33140
$5,299,000
4 bd · 5 ba · 3,640 sqft
5959 Collins Ave # 1503, Miami Beach, FL 33140
THE BATH CLUB
4701 N Meridian Ave # 222, Miami Beach, FL 33140
$5,250,000
2 bd · 3 ba · 2,878 sqft
4701 N Meridian Ave # 222, Miami Beach, FL 33140
Ritz Carlton Residences
5812 Alton Rd, Miami Beach, FL 33140
$5,250,000
7 bd · 7 ba · 4,822 sqft
5812 Alton Rd, Miami Beach, FL 33140
LA GORCE GOLF SUB
4701 N Meridian Ave # 421, Miami Beach, FL 33140
$5,250,000New
3 bd · 4 ba · 3,140 sqft
4701 N Meridian Ave # 421, Miami Beach, FL 33140
Ritz Carlton Residences
500 Alton Rd # 2105, Miami Beach, FL 33139
$5,200,000New
3 bd · 4 ba · 2,512 sqft
500 Alton Rd # 2105, Miami Beach, FL 33139
FIVE PARK
3748 Prairie Ave, Miami Beach, FL 33140
$5,200,000
6 bd · 7 ba · 4,892 sqft
3748 Prairie Ave, Miami Beach, FL 33140
MID GOLF SUB 1ST ADDN
101 20th St # 3208, Miami Beach, FL 33139
$5,200,000New
2 bd · 2 ba · 1,141 sqft
101 20th St # 3208, Miami Beach, FL 33139
SETAI RESORT & RESIDENCES
2236 Fisher Island Dr # 3306, Miami Beach, FL 33109
$5,200,000
3 bd · 4 ba · 2,744 sqft
2236 Fisher Island Dr # 3306, Miami Beach, FL 33109
Fisher Island
5750 La Gorce Dr, Miami Beach, FL 33140
$5,199,000
5 bd · 5 ba · 3,400 sqft
5750 La Gorce Dr, Miami Beach, FL 33140
BEACH VIEW SUB
7830 Atlantic Way, Miami Beach, FL 33141
$5,195,000
3 bd · 4 ba · 3,623 sqft
7830 Atlantic Way, Miami Beach, FL 33141
ALTOS DEL MAR NO 1
100 S Pointe Dr # 509, Miami Beach, FL 33139
$5,100,000
2 bd · 3 ba · 1,595 sqft
100 S Pointe Dr # 509, Miami Beach, FL 33139
Continuum
829 4th St # 4, Miami Beach, FL 33139
$5,095,000
2 bd · 3 ba · 1,930 sqft
829 4th St # 4, Miami Beach, FL 33139
Milano Boutique Condo
1000 S Pointe Dr # 2803, Miami Beach, FL 33139
$5,000,000
3 bd · 3 ba · 2,008 sqft
1000 S Pointe Dr # 2803, Miami Beach, FL 33139
Murano At Portofino

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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