Miami Homes for Sale under $5M

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83 Days on Market

Condo for Sale

$5,000,000

3 bd · 4 ba · 2,826 sqft

20 NE 11th # 4703, Miami, FL 33132

E11EVEN CONDO

300 BISCAYNE BOULEVARD WAY # 3302E, Miami, FL 33131

Newly Listed

Condo for Sale

$5,000,000

3 bd · 4 ba · 2,422 sqft

300 BISCAYNE BOULEVARD WAY # 3302E, Miami, FL 33131

ASTON MARTIN RESIDENCES

1425 Brickell Ave # 42E, Miami, FL 33131

78 Days on Market

Condo for Sale

$5,000,000

4 bd · 4 ba · 3,357 sqft

1425 Brickell Ave # 42E, Miami, FL 33131

MILLENNIUM TOWER RESIDENC

86 Days on Market

House for Sale

$4,999,000

5 bd · 4 ba · 4,198 sqft

7291 SW 47th Ct, Miami, FL 33143

UNIVERSITY PLACE

117 Days on Market

House for Sale

$4,995,000

5 bd · 7 ba · 5,024 sqft

6200 SW 83 Av, Miami, FL 33143

SUNKIST ESTATES A

61 Days on Market

House for Sale

$4,995,000

4 bd · 3 ba · 2,195 sqft

1110 NW North River Dr, Miami, FL 33136

COUNTRY CLUB ADDN

3131 NE 7th Ave # UPH5303, Miami, FL 33137

216 Days on Market

Condo for Sale

$4,995,000

4 bd · 6 ba · 3,137 sqft

3131 NE 7th Ave # UPH5303, Miami, FL 33137

One Paraiso

243 Days on Market

House for Sale

$4,995,000

5 bd · 5 ba · 3,286 sqft

4095 Battersea Rd, Miami, FL 33133

COCONUT GROVE MANOR

1331 Brickell Bay Dr # PH4605, Miami, FL 33131

219 Days on Market

Condo for Sale

$4,995,000

4 bd · 5 ba · 3,860 sqft

1331 Brickell Bay Dr # PH4605, Miami, FL 33131

JADE RESIDENCES

Newly Listed

House for Sale

$4,995,000

4 bd · 5 ba · 3,442 sqft

3630 Avocado Ave, Miami, FL 33133

COCO GVE PK 2 AMD

465 Brickell Ave # 4101, Miami, FL 33131

118 Days on Market

Condo for Sale

$4,995,000

3 bd · 2 ba · 1,825 sqft

465 Brickell Ave # 4101, Miami, FL 33131

56 Days on Market

Condo for Sale

$4,988,888

4 bd · 6 ba · 3,788 sqft

700 NE 26th Ter # 4403, Miami, FL 33137

MISSONI BAIA

22 Days on Market

House for Sale

$4,965,000

5 bd · 6 ba · 6,239 sqft

9245 SW 93rd Ave, Miami, FL 33176

PENDRY ACRES

98 Days on Market

House for Sale

$4,950,000

5 bd · 5 ba ·

1141 NE 90th St, Miami, FL 33138

AMD PL BISCAYNE PINES

1040 Biscayne Blvd # 4403, Miami, FL 33132

49 Days on Market

Condo for Sale

$4,950,000

5 bd · 6 ba · 4,879 sqft

1040 Biscayne Blvd # 4403, Miami, FL 33132

TEN MUSEUM PK RESIDENTIAL

300 Biscayne Blvd Way # 1704, Miami, FL 33131

16 Days on Market

Condo for Sale

$4,950,000

4 bd · 6 ba · 3,225 sqft

300 Biscayne Blvd Way # 1704, Miami, FL 33131

Aston Martin Residences

Newly Listed

House for Sale

$4,940,000

5 bd · 5 ba · 5,069 sqft

19321 NE 22 Ave, Miami, FL 33180

ENCHANTED LAKE SEC 3

26 Days on Market

House for Sale

$4,900,000

3 bd · 3 ba · 5,368 sqft

221 SW 25th Rd, Miami, FL 33129

BRICKELL HAMMOCK UN 1

300 Biscayne Boulevard Way # 4303C, Miami, FL 33131

21 Days on Market

Condo for Sale

$4,899,000

3 bd · 5 ba · 3,078 sqft

300 Biscayne Boulevard Way # 4303C, Miami, FL 33131

Aston Martin Residences

851 NE 1st Ave # PH5011, Miami, FL 33132

493 Days on Market

Condo for Sale

$4,899,000

4 bd · 5 ba · 4,084 sqft

851 NE 1st Ave # PH5011, Miami, FL 33132

PARAMOUNT MIAMI WORLDCENT

351 Days on Market

Condo for Sale

$4,860,900

4 bd · 6 ba · 2,895 sqft

Aria Reserve Miami

38 Days on Market

House for Sale

$4,850,000

5 bd · 6 ba · 4,606 sqft

340 SW 20th Road, Miami, FL 33129

HOLLEMAN PARK PB 8-23

76 Days on Market

House for Sale

$4,800,000

4 bd · 4 ba · 3,539 sqft

2300 S Miami Ave, Miami, FL 33129

BRICKELL HAMMOCK UN 1

1880 Brickell Avenue # 27, Miami, FL 33129

152 Days on Market

Condo for Sale

$4,798,000

4 bd · 5 ba · 3,184 sqft

1880 Brickell Avenue # 27, Miami, FL 33129

Colette Residences

Talk to a local agent

Looking at Miami Homes for Sale under $5M?

Tell us what you're after — we'll send matching homes, off-market options and recent sales, and set up private showings.

Matthew Gromadzki

Real Estate Broker

(786) 370-8570

Live MLS inventory in Miami, updated continuously. Florida Lux Real Estate currently tracks 7,146 active listings here. MLS inventory updated October 9, 2026.

Homes for Sale under $5M in Miami: What to Know Before You Search

Few cities hold as many distinct worlds inside one boundary as Miami does: the banking towers of Brickell, the tree canopy of the Grove, Edgewater's wall of bayfront glass, the sailboats off Coconut Grove and the cafecito windows of Little Havana all coexist here. That variety is why the smart move is to settle on a district before a layout, since pricing and daily life shift block to block.

Setting the ceiling at $5.0M turns Miami 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 Brickell's skyline, bayfront neighborhoods and Miami's deepest condo inventory, Miami 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 Market Snapshot

10,387

Homes sold, last 12 months

$570K

Median sale price

51 days

Median time on market

Frequently Asked Questions

What can I realistically buy in Miami under $5.0M?

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?

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?

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.