Miami Beach Homes for Sale under $400K

The island unfolds in stages, from the South of Fifth enclave through the Art Deco blocks to the resort corridor of Mid-Beach and the residential streets of North Beach. Water on either flank caps how much can ever be built, so scarcity underwrites the whole market, and the inventory spans 1930s landmarks to branded residences perched above five-star hotels.

Setting the ceiling at $400K turns Miami Beach into a value hunt — and the value tends to hide in specific corners: an older building whose fees undersell its address, a property type the market keeps overlooking, a block just off the prime grid. Known for the Art Deco district, oceanfront resort residences and South of Fifth, Miami Beach always has an under-the-radar pocket, and this page keeps every listing beneath the cap in one place so none of it slips past you.