Miami Homes for Sale under $200K

7,133 listings

Live MLS inventory in Miami, updated continuously.

$2,275,000New

7 bd · 5 ba · 4,343 sqft

19701 SW 197th Ave, Miami FL 33187

exclusive redlands

$2,275,000New

4 bd · 4 ba · 2,224 sqft

2298 SW 16th Ave, Miami FL 33145

WOODSIDE

$2,275,000

3 bd · 4 ba · 2,018 sqft

488 NE 18th St # 3715, Miami FL 33132

ARIA ON THE BAY CONDO

$2,275,000

4 bd · 3 ba · 2,750 sqft

1140 SW 22 Ter, Miami FL 33129

East Shenandoah

1451 Brickell Ave # 4002, Miami FL 33131

$2,260,000

2 bd · 3 ba · 1,625 sqft

1451 Brickell Ave # 4002, Miami FL 33131

ECHO BRICKELL CONDO

$2,250,000

4 bd · 2 ba · 2,909 sqft

300 SW 123rd Ave, Miami FL 33184

SWEETWATER ESTS SUB

$2,250,000

6 bd · 4 ba · 5,151 sqft

7997 SW 76th Avenue, Miami FL 33143

Glenvar Heights

$2,250,000

2 bd · 3 ba · 1,571 sqft

700 NE 24th St # 2602, Miami FL 33137

Aria Reserve South

$2,250,000

3 bd · 4 ba · 2,018 sqft

488 NE 18th St # 2112, Miami FL 33132

Aria on the Bay Condo

488 NE 18th Street # 1515, Miami FL 33132

$2,250,000

3 bd · 4 ba · 2,018 sqft

488 NE 18th Street # 1515, Miami FL 33132

$2,249,900

5 bd · 5 ba · 3,624 sqft

1816 SW 23rd St, Miami FL 33145

NEOS SUBDIVISION

$2,230,000

3 bd · 4 ba · 2,678 sqft

7510 SW 56th Ct, Miami FL 33143

Townhomes at Oak Lane

$2,225,000

4 bd · 5 ba · 1,871 sqft

480 NE 31 St # 3101, Miami FL 33137

GRAN PARAISO CONDO

$2,225,000

3 bd · 4 ba · 2,204 sqft

851 NE 1st Ave # 3201, Miami FL 33132

Paramount

2831 S Bayshore Drive # 2204, Miami FL 33133

$2,200,000

2 bd · 2 ba · 978 sqft

2831 S Bayshore Drive # 2204, Miami FL 33133

$2,200,000

4 bd · 3 ba · 3,966 sqft

NONE

$2,200,000New

3 bd · 3 ba · 1,983 sqft

243 NW 42nd St, Miami FL 33127

COLUMBIA PARK CORR PL

$2,200,000

5 bd · 4 ba · 2,368 sqft

1019 NE 87th St, Miami FL 33138

Davis Harbor

$2,200,000

4 bd · 3 ba · 2,384 sqft

8500 SW 106th St, Miami FL 33156

CHASE-HESSEN ESTATES

$2,200,000New

3 bd · 2 ba · 2,271 sqft

19711 NE 21ST Court, Miami FL 33179

$2,200,000

3 bd · 3 ba · 3,168 sqft

15700 SW 202nd Ave, Miami FL 33187

n/a

1865 Brickell Ave # 1865, Miami FL 33129

$2,200,000New

3 bd · 3 ba · 3,842 sqft

1865 Brickell Ave # 1865, Miami FL 33129

BRICKELL PLACE CONDO

$2,200,000

2 bd · 3 ba · 1,542 sqft

700 NE 24th St # 4002, Miami FL 33137

ARIA RESERVE

$2,200,000

2 bd · 2 ba · 1,179 sqft

175 SE 25 Road # 1203, Miami FL 33129

UNA RESIDENCES

Homes for Sale under $200K in Miami — A Local's Guide

Miami is the market that contains multitudes — Brickell's banking towers, the Grove's canopy, Edgewater's bayfront wall, Coconut Grove sailboats and Little Havana cafecito windows, all inside one city limit. Buyers here choose a neighborhood first and a floor plan second, because each district prices and lives differently.

Capping the search at $200K turns the Miami 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 Brickell's skyline, bayfront neighborhoods and Miami's deepest condo inventory, Miami always has a below-the-radar corner; this page keeps every listing under the cap in one view so it can't hide.

Miami Market Snapshot

10,469

Homes sold, last 12 months

$570K

Median sale price

52 days

Median time on market

Frequently Asked Questions

What can I actually buy in Miami under $200K?

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?

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?

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.