MIAMI LUXHomes

Miami Beach Homes for Sale under $5M

1,768 listings

Live MLS inventory in Miami Beach, updated continuously.

536 W 51st St, Miami Beach, FL 33140
$4,999,000
4 bd · 5 ba ·
536 W 51st St, Miami Beach, FL 33140
LAKE VIEW SUB
100 S Pointe Dr # 1501, Miami Beach, FL 33139
$4,995,000
2 bd · 3 ba · 1,591 sqft
100 S Pointe Dr # 1501, Miami Beach, FL 33139
Continuum on South Beach
6800 Indian Creek Dr # PH2, Miami Beach, FL 33141
$4,990,000
3 bd · 4 ba · 2,278 sqft
6800 Indian Creek Dr # PH2, Miami Beach, FL 33141
MONACO YACHT CLUB
101 20th St # 3806, Miami Beach, FL 33139
$4,975,000
2 bd · 2 ba · 1,316 sqft
101 20th St # 3806, Miami Beach, FL 33139
THE SETAI RESIDENCES
6020 Alton Rd, Miami Beach, FL 33140
$4,975,000
4 bd · 5 ba · 3,850 sqft
6020 Alton Rd, Miami Beach, FL 33140
LA GORCE GOLF SUB
2880 Fairgreen Dr, Miami Beach, FL 33140
$4,950,000
5 bd · 4 ba · 3,626 sqft
2880 Fairgreen Dr, Miami Beach, FL 33140
FAIRGREEN 2ND AMD PL
300 S Pointe Dr # 4306, Miami Beach, FL 33139
$4,900,000
3 bd · 3 ba · 2,040 sqft
300 S Pointe Dr # 4306, Miami Beach, FL 33139
PORTOFINO TOWER
1455 Ocean Dr # 1607, Miami Beach, FL 33139
$4,850,000
3 bd · 4 ba · 1,810 sqft
1455 Ocean Dr # 1607, Miami Beach, FL 33139
IL VILLAGGIO SOUTH BEACH
102 24 # 1222, Miami Beach, FL 33139
$4,850,000
2 bd · 3 ba · 1,471 sqft
102 24 # 1222, Miami Beach, FL 33139
1 Hotel & Homes
2124 Fisher Island Dr # 2124, Miami Beach, FL 33109
$4,850,000
3 bd · 4 ba · 2,744 sqft
2124 Fisher Island Dr # 2124, Miami Beach, FL 33109
Bayside East
19136 Fisher Island Dr # 19136, Miami Beach, FL 33109
$4,820,000
3 bd · 4 ba · 2,049 sqft
19136 Fisher Island Dr # 19136, Miami Beach, FL 33109
Seaside Village
1792 Cleveland Rd, Miami Beach, FL 33141
$4,799,000
4 bd · 6 ba · 2,770 sqft
1792 Cleveland Rd, Miami Beach, FL 33141
BISCAYNE POINT
101 20 # 1803/5, Miami Beach, FL 33139
$4,775,000
2 bd · 4 ba ·
101 20 # 1803/5, Miami Beach, FL 33139
SETAI RESIDENCES
5875 Collins Ave # 401, Miami Beach, FL 33140
$4,770,000
2 bd · 2 ba · 2,168 sqft
5875 Collins Ave # 401, Miami Beach, FL 33140
Mei Condo
1540 Cleveland Rd, Miami Beach, FL 33141
$4,760,000
5 bd · 4 ba · 2,849 sqft
1540 Cleveland Rd, Miami Beach, FL 33141
BISCAYNE POINT
5309 Alton Rd, Miami Beach, FL 33140
$4,695,000
6 bd · 6 ba · 6,011 sqft
5309 Alton Rd, Miami Beach, FL 33140
LA GORCE GOLF SUB
500 Alton Rd # 3605, Miami Beach, FL 33139
$4,695,000New
3 bd · 4 ba · 1,969 sqft
500 Alton Rd # 3605, Miami Beach, FL 33139
Five Park Miami Beach
6899 Collins Ave # 403, Miami Beach, FL 33141
$4,650,000New
3 bd · 4 ba · 3,005 sqft
6899 Collins Ave # 403, Miami Beach, FL 33141
NORTH CARILLON BEACH COND
6901 Collins Ave # 701, Miami Beach, FL 33141
$4,599,000
3 bd · 4 ba · 2,133 sqft
6901 Collins Ave # 701, Miami Beach, FL 33141
L'atelier Condo
520 E Dilido Dr, Miami Beach, FL 33139
$4,595,000
4 bd · 5 ba · 3,228 sqft
520 E Dilido Dr, Miami Beach, FL 33139
DI LIDO ISLAND
8701 Collins Ave # 404, Miami Beach, FL 33154
$4,526,000
2 bd · 3 ba · 1,457 sqft
8701 Collins Ave # 404, Miami Beach, FL 33154
Eighty Seven Park
6899 Collins Ave # 2307/10, Miami Beach, FL 33141
$4,500,000
3 bd · 4 ba · 2,940 sqft
6899 Collins Ave # 2307/10, Miami Beach, FL 33141
Carillon North Tower
2134 Fisher Island Dr # 2134, Miami Beach, FL 33109
$4,500,000New
3 bd · 4 ba · 2,744 sqft
2134 Fisher Island Dr # 2134, Miami Beach, FL 33109
BAYSIDE VILLAGE EAST
5959 Collins Ave # 606, Miami Beach, FL 33140
$4,500,000
5 bd · 6 ba · 4,135 sqft
5959 Collins Ave # 606, Miami Beach, FL 33140
THE RESIDENCES AT THE BAT

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.

Discover Your Perfect Home

Select Property Type
Bedroom Size Homes in Miami Beach
Homes by Price in Miami Beach
Lifestyle & New in Miami Beach
Rentals in Miami Beach
Homes Nearby Miami Beach: Neighborhoods
Homes Nearby Miami Beach: Cities
Homes Nearby Miami Beach: ZIP Codes