Miami Homes for Sale under $200K

7,134 listings

Live MLS inventory in Miami, updated continuously.

$2,099,000New

5 bd · 3 ba · 4,023 sqft

11601 SW 88th Ave, Miami, FL 33176

RANCH ESTATES

$2,099,000

3 bd · 4 ba · 1,868 sqft

2900 NE 7th Ave # 1407, Miami, FL 33137

Biscayne Beach Condominiu

$2,098,000

5 bd · 4 ba · 2,759 sqft

2531 NE 195th St, Miami, FL 33180

ENCHANTED LAKE

$2,095,000

4 bd · 5 ba · 2,582 sqft

2311 SW 61st Ave, Miami, FL 33155

CORAL WAY PK SEC D

1331 Brickell Bay Dr # 1611, Miami, FL 33131

$2,090,000New

2 bd · 3 ba · 1,878 sqft

1331 Brickell Bay Dr # 1611, Miami, FL 33131

Jade Residences at Bricke

900 Biscayne Blvd # PH6109, Miami, FL 33132

$2,085,000

3 bd · 4 ba · 2,577 sqft

900 Biscayne Blvd # PH6109, Miami, FL 33132

900 Biscayne Bay

$2,075,000New

3 bd · 4 ba · 1,698 sqft

2900 NE 7th Ave # 3702, Miami, FL 33137

BISCAYNE BEACH

39 NE 39th Street # 405, Miami, FL 33137

$2,072,000

1 bd · 2 ba · 1,036 sqft

39 NE 39th Street # 405, Miami, FL 33137

Fouquet's

$2,050,000

5 bd · 4 ba · 3,774 sqft

7333 SW 122nd Pl, Miami, FL 33183

T & F SUB

$2,050,000

3 bd · 4 ba · 1,759 sqft

700 NE 24 STREET # 805, Miami, FL 33137

ARIA RESERVE SOUTH

$2,050,000

3 bd · 1 ba · 2,255 sqft

3620 Justison Rd, Miami, FL 33133

SUNSHINE VISTAS

$2,015,000

1 bd · 2 ba · 988 sqft

175 NE 10 Street # 44A, Miami, FL 33132

JEM Miami Worldcenter

$2,000,000

5 bd · 4 ba · 2,682 sqft

1935 SW 10th Street, Miami, FL 33135

Tamiami Heights

848 Brickell Key Dr # 306, Miami, FL 33131

$2,000,000

2 bd · 3 ba · 1,763 sqft

848 Brickell Key Dr # 306, Miami, FL 33131

TEQUESTA THREE

848 Brickell Key Dr # 1906, Miami, FL 33131

$2,000,000

3 bd · 4 ba · 2,293 sqft

848 Brickell Key Dr # 1906, Miami, FL 33131

Three Tequesta Point

1331 Brickell Bay Dr # 2801, Miami, FL 33131

$2,000,000New

2 bd · 3 ba · 1,878 sqft

1331 Brickell Bay Dr # 2801, Miami, FL 33131

JADE RESIDENCES AT BRICKE

$2,000,000

4 bd · 2 ba · 3,308 sqft

15765 SW 206th Ave, Miami, FL 33187

Redland

$2,000,000

2 bd · 2 ba · 1,102 sqft

175 SE 25 Rd # 1103, Miami, FL 33129

UNA RESIDENCES

300 Biscayne Boulevard Way # 3009W, Miami, FL 33131

$2,000,000

2 bd · 3 ba · 1,437 sqft

300 Biscayne Boulevard Way # 3009W, Miami, FL 33131

ASTON MARTIN RESIDENCE

$2,000,000

2 bd · 2 ba · 945 sqft

20 NE 11th St # 3706, Miami, FL 33132

E11even Residences

700 NE 24th Street # 3002, Miami, FL 33137

$2,000,000

2 bd · 3 ba · 1,571 sqft

700 NE 24th Street # 3002, Miami, FL 33137

$2,000,000

5 bd · 2 ba · 1,971 sqft

3373 Thomas Ave, Miami, FL 33133

DE HEDOUVILLES SUB

$1,999,900

4 bd · 4 ba · 2,978 sqft

3201 SW 129th Ave, Miami, FL 33175

J G HEADS FARMS UNIT A

$1,999,900

4 bd · 3 ba · 3,425 sqft

10600 SW 140th St, Miami, FL 33176

MARY ANN ESTATES 1ST ADDN

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

10,470

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.