Miami Beach Homes for Sale under $400K

Live MLS inventory in Miami Beach, updated continuously.

No matching listings right now — check back soon or browse nearby areas below.

Homes for Sale under $400K in Miami Beach: What to Know Before You Search

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.

Miami Beach Market Snapshot

1,893

Homes sold, last 12 months

$590K

Median sale price

84 days

Median time on market

Frequently Asked Questions

What can I realistically buy in Miami Beach under $400K?

The honest inventory is right here, updated continuously, and the mix shifts month to month. As a rule of thumb condos stretch a capped budget furthest, townhomes buy the most space, and houses under a ceiling trade quickest. We'll tell you candidly which listings are priced low for a reason.

What costs sit beyond the price in Miami Beach?

Budget association dues on condos and townhomes, insurance that shifts with roof age and flood zone, and buyer closing costs of roughly two to three percent. We build a true monthly-cost sheet for any listing before you offer, so your ceiling still holds after closing.

How do I arrange a showing in Miami Beach?

Each listing on this page carries an inquiry form that goes straight to our brokerage — or reach us at +1 786-370-8570. We schedule private tours to fit your calendar and run live video walkthroughs for buyers relocating from out of state, with no obligation attached.