9 Days on Market
Condo for Sale
$4,200,000
4 bd · 5 ba ·
2020 N Bayshore Dr # 3405-3406, Miami, FL 33137
Paramount Bay
Bedrooms
Bathrooms
Miami Homes for Sale under $5M
7,304 listings
14 Days on Market
Condo for Sale
$4,200,000
4 bd · 5 ba · 2,860 sqft
901 Brickell Key Blvd # 3708, Miami, FL 33131
CARBONELL CONDO
72 Days on Market
House for Sale
$4,200,000
4 bd · 3 ba · 3,450 sqft
5455 SW 88th St, Miami, FL 33156
SNAPPER CREEK VILLAGE AMD
43 Days on Market
Condo for Sale
$4,200,000
4 bd · 5 ba · 2,760 sqft
2020 N Bayshore Dr # 3708, Miami, FL 33137
Paramount Bay
76 Days on Market
Condo for Sale
$4,198,900
4 bd · 6 ba · 3,520 sqft
725 NE 24th St # 2801, Miami, FL 33137
ARIA RESERVE
10 Days on Market
House for Sale
$4,195,000
5 bd · 5 ba · 4,152 sqft
19701 NE 16 PL, Miami, FL 33179
PRESIDENTIAL ESTATES SUB
238 Days on Market
House for Sale
$4,195,000
6 bd · 4 ba · 5,741 sqft
13724 SW 92nd Ct, Miami, FL 33176
LAKESHORE SEC FOUR
32 Days on Market
Condo for Sale
$4,190,000
3 bd · 5 ba · 3,078 sqft
300 Biscayne Blvd Way # 4203, Miami, FL 33131
Aston Martin Residences
87 Days on Market
Condo for Sale
$4,187,500
2 bd · 3 ba · 2,038 sqft
7940 West Drive # 2104, Miami, FL 33141
Pagani Residences
Newly Listed
House for Sale
$4,150,000
4 bd · 2 ba · 1,871 sqft
1040 N VENETIAN Drive, Miami, FL 33139
113 Days on Market
Condo for Sale
$4,150,000
5 bd · 6 ba · 2,887 sqft
3131 NE 7th Ave # PH5003, Miami, FL 33137
ONE PARAISO CONDO
104 Days on Market
House for Sale
$4,150,000
5 bd · 4 ba · 5,218 sqft
10420 SW 64th St, Miami, FL 33173
MILLER DRIVE ESTATES
219 Days on Market
Condo for Sale
$4,150,000
4 bd · 5 ba · 2,845 sqft
2020 N Bayshore Dr # PH-4104, Miami, FL 33137
PARAMOUNT BAY CONDO
136 Days on Market
House for Sale
$4,100,000
5 bd · 6 ba · 3,904 sqft
5854 SW 30th St, Miami, FL 33155
SCHENLEY PARK SEC 1
372 Days on Market
House for Sale
$4,100,000
5 bd · 8 ba · 0 sqft
6501 SW 125th Ave, Miami, FL 33183
Horse Country
151 Days on Market
Condo for Sale
$4,090,000
3 bd · 5 ba · 2,742 sqft
300 Biscayne Blvd Way # 3503C, Miami, FL 33131
Aston Martin Residences
153 Days on Market
Condo for Sale
$4,002,000
3 bd · 4 ba · 2,704 sqft
1880 Brickell Avenue # 23, Miami, FL 33129
Colette Residences
220 Days on Market
Condo for Sale
$4,000,000
3 bd · 5 ba · 3,078 sqft
300 Biscayne Boulevard Way # 2103C, Miami, FL 33131
Aston Martin Residences
200 Days on Market
Condo for Sale
$4,000,000
4 bd · 5 ba · 2,743 sqft
788 NE 23rd St # 1402, Miami, FL 33137
ELYSEE LUXURY RESIDENCES
2822 Days on Market
House for Sale
$4,000,000
3 bd · 3 ba · 1,520 sqft
160 NW 27th St, Miami, FL 33127
DONMOORE VILLA AMD PL
85 Days on Market
House for Sale
$3,999,999
5 bd · 5 ba · 5,119 sqft
100 SW 26th Rd, Miami, FL 33129
BRICKELL HAMMOCK UN 1
122 Days on Market
House for Sale
$3,999,999
4 bd · 4 ba · 2,855 sqft
7212 SW 52nd Ct, Miami, FL 33143
AMD PLAT OF HIGH PINES
14 Days on Market
Condo for Sale
$3,999,900
3 bd · 5.5 ba · 3,932 sqft
1040 Biscayne Boulevard # 4202, Miami, FL 33132
Newly Listed
Condo for Sale
$3,999,000
4 bd · 4.5 ba · 4,552 sqft
851 NE 1st Avenue # 4401, Miami, FL 33132
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.
Live MLS inventory in Miami, updated continuously. Florida Lux Real Estate currently tracks 7,304 active listings here. MLS inventory updated October 27, 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
10,393
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.
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Homes for Sale under $5M in Nearby Cities
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Homes Nearby Miami: Cities
Homes Nearby Miami: ZIP Codes
- 33131 Homes for Sale(918)
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- 33179 Homes for Sale(390)