FLORIDA LUXReal Estate

Miami Homes for Sale under $5M

5,000+ listings

Live MLS inventory in Miami, updated continuously.

2627 S Bayshore Dr # 3201, Miami, FL 33133
$20,900,000
5 bd · 8 ba · 7,061 sqft
2627 S Bayshore Dr # 3201, Miami, FL 33133
GROVENER HOUSE CONDO
900 Brickell Key Blvd # PH3403, Miami, FL 33131
$20,000,000
4 bd · 6 ba · 4,515 sqft
900 Brickell Key Blvd # PH3403, Miami, FL 33131
ASIA CONDO
788 NE 23rd St # 5701, Miami, FL 33137
$19,999,999
0 bd · 0 ba · 14,179 sqft
788 NE 23rd St # 5701, Miami, FL 33137
Elysee Miami
8755 SW 54th Ave, Miami, FL 33143
$19,950,000
6 bd · 7 ba · 12,152 sqft
8755 SW 54th Ave, Miami, FL 33143
W T HARDEES SUB
3373 Poinciana Ave, Miami, FL 33133
$18,950,000
5 bd · 6 ba · 4,280 sqft
3373 Poinciana Ave, Miami, FL 33133
FOUR WAY LODGE
7115 NE 10th Ave, Miami, FL 33138
$18,700,000
6 bd · 7 ba · 7,392 sqft
7115 NE 10th Ave, Miami, FL 33138
PRESCOTT ESTATES
7105 NE 10 Ave, Miami, FL 33138
$17,500,000
5 bd · 6 ba · 7,169 sqft
7105 NE 10 Ave, Miami, FL 33138
PRESCOTT ESTATES
15000 SW 200th St, Miami, FL 33187
$17,250,000
3 bd · 3 ba · 2,564 sqft
15000 SW 200th St, Miami, FL 33187
BREEZY OAKS
7111 NE 10 Ave, Miami, FL 3313
$17,200,000
5 bd · 6 ba · 7,065 sqft
7111 NE 10 Ave, Miami, FL 3313
PRESCOTT ESTATES
3210 Coacoochee St, Miami, FL 33133
$16,992,000
6 bd · 8 ba · 10,689 sqft
3210 Coacoochee St, Miami, FL 33133
SUNSHINE FRUITS CO
1840 S Bayshore Ln, Miami, FL 33133
$16,900,000
5 bd · 7 ba · 12,863 sqft
1840 S Bayshore Ln, Miami, FL 33133
Tenzer Plat
1379 N Venetian Way, Miami, FL 33139
$16,500,000
5 bd · 5 ba · 5,303 sqft
1379 N Venetian Way, Miami, FL 33139
SAN MARCO
1425 Brickell Ave # PH2ABCD, Miami, FL 33131
$16,500,000
4 bd · 6 ba · 6,671 sqft
1425 Brickell Ave # PH2ABCD, Miami, FL 33131
Millenium Tower Residence
4100 Kiaora St, Miami, FL 33133
$15,250,000
6 bd · 8 ba · 8,921 sqft
4100 Kiaora St, Miami, FL 33133
CLEVELAND PARK
5885 SW 56th St, Miami, FL 33155
$15,000,000New
5 bd · 5 ba · 8,252 sqft
5885 SW 56th St, Miami, FL 33155
PLAT OF THE W1/2 OF SE1/4
3120 Brickell Ave, Miami, FL 33129
$14,900,000
6 bd · 7 ba · 6,000 sqft
3120 Brickell Ave, Miami, FL 33129
WM J BRYAN TR AMD
2655 S Bayshore Dr # 1801-02, Miami, FL 33133
$14,750,000New
6 bd · 7 ba · 4,833 sqft
2655 S Bayshore Dr # 1801-02, Miami, FL 33133
Mr. C Residences
1300 S Venetian Way, Miami, FL 33139
$14,750,000
6 bd · 7 ba · 4,343 sqft
1300 S Venetian Way, Miami, FL 33139
SAN MARCO
14441 S Biscayne River Rd, Miami, FL 33161
$13,999,999
3 bd · 2 ba · 1,640 sqft
14441 S Biscayne River Rd, Miami, FL 33161
BISCAYNE GARDENS SEC E PA
6580 SW 69th Ave, Miami, FL 33143
$13,750,000New
6 bd · 9 ba · 7,958 sqft
6580 SW 69th Ave, Miami, FL 33143
RAYBRELL ESTATES
1425 Brickell Ave # PH3AB, Miami, FL 33131
$13,500,000New
3 bd · 4 ba · 3,402 sqft
1425 Brickell Ave # PH3AB, Miami, FL 33131
FOUR SEASONS
465 Brickell Ave # 5701, Miami, FL 33131
$12,999,000
5 bd · 7 ba · 4,770 sqft
465 Brickell Ave # 5701, Miami, FL 33131
ICON
7940 West Drive # SR02, Miami, FL 33141
$12,965,000
4 bd · 5 ba · 4,818 sqft
7940 West Drive # SR02, Miami, FL 33141
Pagani Residences
3400 SW 27th Ave # 2202, Miami, FL 33133
$12,900,000
3 bd · 4 ba · 4,935 sqft
3400 SW 27th Ave # 2202, Miami, FL 33133
The tower Residences Ritz

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

10,532
Homes sold, last 12 months
$570K
Median sale price
52 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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