Miami Homes for Sale under $5M

7,153 listings
300 Biscayne Blvd Way # 1904C, Miami, FL 33131
124 Days on Market

Condo for Sale

$4,795,000

4 bd · 6 ba · 3,536 sqft

300 Biscayne Blvd Way # 1904C, Miami, FL 33131

Aston Martin Residences

7830 SW 48th Ct, Miami, FL 33143
73 Days on Market

House for Sale

$4,795,000

4 bd · 4 ba · 3,986 sqft

7830 SW 48th Ct, Miami, FL 33143

GRANADA PARK

3501 NE 1st Ave # 3301, Miami, FL 33137
23 Days on Market

Condo for Sale

$4,773,000

4 bd · 5 ba · 2,892 sqft

3501 NE 1st Ave # 3301, Miami, FL 33137

Jean Georges Miami Tropic

6951 SW 94 st, Miami, FL 33156
Newly Listed

House for Sale

$4,750,000

5 bd · 4 ba · 4,710 sqft

6951 SW 94 st, Miami, FL 33156

NORTH KENDALL

2020 N Bayshore Dr # 3708, Miami, FL 33137
Newly Listed

Condo for Sale

$4,750,000

4 bd · 5 ba · 2,760 sqft

2020 N Bayshore Dr # 3708, Miami, FL 33137

Paramount Bay

9025 SW 114th St, Miami, FL 33176
39 Days on Market

House for Sale

$4,750,000

7 bd · 7 ba · 5,394 sqft

9025 SW 114th St, Miami, FL 33176

BRENDA ESTATES

851 NE 1st Ave # 4811, Miami, FL 33132
311 Days on Market

Condo for Sale

$4,700,000

5 bd · 6 ba · 3,852 sqft

851 NE 1st Ave # 4811, Miami, FL 33132

PARAMOUNT MIAMI WORLDCENT

1606 S Bayshore Dr, Miami, FL 33133
196 Days on Market

House for Sale

$4,675,000

7 bd · 7 ba · 5,588 sqft

1606 S Bayshore Dr, Miami, FL 33133

GLENCOE A SUB

300 Biscayne Boulevard # 8004, Miami, FL 33132
100 Days on Market

Condo for Sale

$4,651,000

3 bd · 4 ba ·

300 Biscayne Boulevard # 8004, Miami, FL 33132

WALDORF ASTORIA RES MIAMI

8450 SW 74th Ter, Miami, FL 33143
Newly Listed

House for Sale

$4,650,000

5 bd · 5 ba · 4,887 sqft

8450 SW 74th Ter, Miami, FL 33143

WINDEMERE WOODE

7840 SW 98th St, Miami, FL 33156
49 Days on Market

House for Sale

$4,650,000

5 bd · 7 ba · 4,618 sqft

7840 SW 98th St, Miami, FL 33156

KENDAL PINES

6500 SW 85th St, Miami, FL 33143
Newly Listed

House for Sale

$4,600,000

4 bd · 5 ba · 4,804 sqft

6500 SW 85th St, Miami, FL 33143

SNAPPER CREEK GROVES

1100 Biscayne Blvd # 5306, Miami, FL 33132
255 Days on Market

Condo for Sale

$4,600,000

6 bd · 8 ba · 6,952 sqft

1100 Biscayne Blvd # 5306, Miami, FL 33132

MARQUIS CONDO

1000 Venetian Way # 301/303, Miami, FL 33139
Newly Listed

Condo for Sale

$4,600,000

5 bd · 5 ba · 3,840 sqft

1000 Venetian Way # 301/303, Miami, FL 33139

ONE THOUSAND VENETIAN WAY

650 NE 32nd St # BH2, Miami, FL 33137
Newly Listed

Condo for Sale

$4,599,000

6 bd · 8 ba · 6,676 sqft

650 NE 32nd St # BH2, Miami, FL 33137

Paraiso Bay Condo

3801 Biscayne Blvd # 803, Miami, FL 33137
67 Days on Market

Condo for Sale

$4,573,400

2 bd · 3 ba · 2,505 sqft

3801 Biscayne Blvd # 803, Miami, FL 33137

Kempinski Residences

249 NE 3 ST # 8004, Miami, FL 33132
144 Days on Market

Condo for Sale

$4,551,000

3 bd · 4 ba · 2,456 sqft

249 NE 3 ST # 8004, Miami, FL 33132

Waldorf Astoria Residence

1425 Brickell Ave # 61E, Miami, FL 33131
477 Days on Market

Condo for Sale

$4,550,000

3 bd · 4 ba · 2,738 sqft

1425 Brickell Ave # 61E, Miami, FL 33131

MILLENNIUM TOWER RESIDENC

851 NE 1st Avenue # Penthouse 4612, Miami, FL 33132
55 Days on Market

Condo for Sale

$4,500,000

4 bd · 5 ba · 3,800 sqft

851 NE 1st Avenue # Penthouse 4612, Miami, FL 33132

Paramount Miami

700 NE 26th Ter # PH-01, Miami, FL 33137
Newly Listed

Condo for Sale

$4,500,000

3 bd · 4 ba · 3,678 sqft

700 NE 26th Ter # PH-01, Miami, FL 33137

MISSONI BAIA

520 Brickell Key Drive # UPH-03, Miami, FL 33131
248 Days on Market

Condo for Sale

$4,500,000

3 bd · 4 ba · 3,065 sqft

520 Brickell Key Drive # UPH-03, Miami, FL 33131

Brickell Key One

8350 SW 98 th St, Miami, FL 33156
409 Days on Market

House for Sale

$4,500,000

6 bd · 5 ba · 7,953 sqft

8350 SW 98 th St, Miami, FL 33156

kendall

300 Biscayne Boulevard Way # 2103C, Miami, FL 33131
147 Days on Market

Condo for Sale

$4,500,000

3 bd · 5 ba · 3,078 sqft

300 Biscayne Boulevard Way # 2103C, Miami, FL 33131

Aston Martin Residences

460 NE 50th Ter, Miami, FL 33137
13 Days on Market

House for Sale

$4,500,000

4 bd · 5 ba · 3,033 sqft

460 NE 50th Ter, Miami, FL 33137

BAYSHORE PLAZA UNIT 5

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
Matthew Gromadzki
Real Estate Broker
(786) 370-8570
Send a message

We reply the same day.

By submitting you agree to be contacted about your inquiry. No spam, ever.

Live MLS inventory in Miami, updated continuously. Florida Lux Real Estate currently tracks 7,153 active listings here. MLS inventory updated October 11, 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

10,354
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.

Discover Your Perfect Home

Homes for Sale under $5M in Nearby Cities
Select Property Type
Miami Condos for Sale by Type & Price
Bedroom Size Homes in Miami
Homes by Price in Miami
Lifestyle & New in Miami
Rentals in Miami
Homes Nearby Miami: Neighborhoods
Homes Nearby Miami: Cities
Homes Nearby Miami: ZIP Codes