Miami Homes for Sale under $5M

7,285 listings
851 NE 1st Avenue # Penthouse 4612, Miami, FL 33132
73 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

7430 SW 66th St, Miami, FL 33143
266 Days on Market

House for Sale

$4,499,000

6 bd · 8 ba · 5,609 sqft

7430 SW 66th St, Miami, FL 33143

MELNOR ESTATES

1400 BISCAYNE BLVD # 4604C, Miami, FL 33132
26 Days on Market

Condo for Sale

$4,499,000

3 bd · 5 ba · 2,897 sqft

1400 BISCAYNE BLVD # 4604C, Miami, FL 33132

CASA BELLA

175 25 RD # 3303, Miami, FL 33129
19 Days on Market

Condo for Sale

$4,450,000

3 bd · 4 ba ·

175 25 RD # 3303, Miami, FL 33129

UNA Residences

1300 SE Miami Ave # UPH3, Miami, FL 33130
26 Days on Market

Condo for Sale

$4,450,000

4 bd · 5 ba · 2,268 sqft

1300 SE Miami Ave # UPH3, Miami, FL 33130

1300 S Miami

13600 SW 36th St, Miami, FL 33175
66 Days on Market

House for Sale

$4,450,000

5 bd · 7 ba · 5,000 sqft

13600 SW 36th St, Miami, FL 33175

J G HEADS FARMS SUB

7940 West Drive # 1503, Miami, FL 33141
Newly Listed

Condo for Sale

$4,403,900

3 bd · 4 ba · 2,402 sqft

7940 West Drive # 1503, Miami, FL 33141

Pagani Residences

700 NE 24th St # PH-5903, Miami, FL 33137
Newly Listed

Condo for Sale

$4,400,000

4 bd · 6 ba · 2,625 sqft

700 NE 24th St # PH-5903, Miami, FL 33137

ARIA RESERVE SOUTH CONDO

175 SE 25th Rd # 3704, Miami, FL 33129
12 Days on Market

Condo for Sale

$4,350,000

3 bd · 4 ba · 1,939 sqft

175 SE 25th Rd # 3704, Miami, FL 33129

UNA RESIDENCES

300 Biscayne Boulevard Way # 3002E, Miami, FL 33131
Newly Listed

Condo for Sale

$4,350,000

3 bd · 4 ba · 2,422 sqft

300 Biscayne Boulevard Way # 3002E, Miami, FL 33131

Aston Martin

3131 NE 7th Ave # PH5001, Miami, FL 33137
Newly Listed

Condo for Sale

$4,350,000

4 bd · 5 ba ·

3131 NE 7th Ave # PH5001, Miami, FL 33137

One Paraiso

1668 Micanopy Ave, Miami, FL 33133
Newly Listed

House for Sale

$4,350,000

5 bd · 6 ba · 4,322 sqft

1668 Micanopy Ave, Miami, FL 33133

BRICKELL FLAGLER

300 Biscayne Boulevard Way # 2203C, Miami, FL 33131
152 Days on Market

Condo for Sale

$4,350,000

3 bd · 5 ba · 2,742 sqft

300 Biscayne Boulevard Way # 2203C, Miami, FL 33131

Aston Martin Residences

1451 Brickell Ave # 2901, Miami, FL 33131
125 Days on Market

Condo for Sale

$4,300,000

3 bd · 4 ba · 3,083 sqft

1451 Brickell Ave # 2901, Miami, FL 33131

ECHO BRICKELL CONDO

300 Biscayne Boulevard Way # 3304C, Miami, FL 33131
Newly Listed

Condo for Sale

$4,300,000

4 bd · 6 ba · 3,536 sqft

300 Biscayne Boulevard Way # 3304C, Miami, FL 33131

ASTON MARTIN RESIDENCES

788 NE 23rd St # 1801, Miami, FL 33137
Newly Listed

Condo for Sale

$4,300,000

3 bd · 4 ba · 3,267 sqft

788 NE 23rd St # 1801, Miami, FL 33137

Elysee Condominium

1100 Biscayne Blvd # 5706, Miami, FL 33132
150 Days on Market

Condo for Sale

$4,299,999

4 bd · 5 ba · 3,800 sqft

1100 Biscayne Blvd # 5706, Miami, FL 33132

MARQUIS CONDO

1720 Espanola Dr, Miami, FL 33133
235 Days on Market

House for Sale

$4,295,000

5 bd · 4 ba · 3,090 sqft

1720 Espanola Dr, Miami, FL 33133

ESPANOLA HEIGHTS

9715 SW 89th Ct, Miami, FL 33176
Newly Listed

House for Sale

$4,290,000

6 bd · 7 ba · 6,062 sqft

9715 SW 89th Ct, Miami, FL 33176

RIDGEWOOD SUB

17950 SW 192nd St, Miami, FL 33187
205 Days on Market

House for Sale

$4,277,000

4 bd · 5 ba · 3,648 sqft

17950 SW 192nd St, Miami, FL 33187

8900 INTERIM-AWAIT SPECIFI

1442 NW 2nd St, Miami, FL 33125
147 Days on Market

House for Sale

$4,250,000

4 bd · 2 ba · 1,598 sqft

1442 NW 2nd St, Miami, FL 33125

LAWRENCE ESTATE LAND CO

70 Samana Dr, Miami, FL 33133
90 Days on Market

House for Sale

$4,250,000

4 bd · 5 ba · 3,177 sqft

70 Samana Dr, Miami, FL 33133

BAY HEIGHTS 1ST ADDN

11681 SW 93rd St, Miami, FL 33176
38 Days on Market

House for Sale

$4,250,000

5 bd · 6 ba · 4,163 sqft

11681 SW 93rd St, Miami, FL 33176

SO MIAMI GDN HEIGHTS

205 S Shore Dr S, Miami, FL 33133
13 Days on Market

House for Sale

$4,250,000

3 bd · 4 ba · 2,738 sqft

205 S Shore Dr S, Miami, FL 33133

BAY HEIGHTS

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 7,285 active listings here. MLS inventory updated October 23, 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

10,385
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