Homes Under $500K in Miami Beach, FL

There are 648 homes under $500K for sale in Miami Beach, Florida right now, priced from $250K to $500K. The median list price is $360,000. That puts this segment 51% below the overall Miami Beach median of $730,000 across 1,863 active listings.

These homes average 746 square feet of living area. Average pricing runs $496 per square foot versus $1,875 citywide. The median year built is 1966. 0% of them include a private pool.

This segment averages 136 days on market, 14 days faster than the Miami Beach average of 150. The median closed-sale price in Miami Beach is $670,000. Deals close at 93.0% of list price. The absorption rate is 5.4%.

The largest concentration is in The Decoplage Condo, with 22 available listings. The rest is spread across 297 other communities and 3 ZIP codes.

María Delgado works the South Florida market daily and can send you the full list with photos, association documents and recent comparables — in English or Spanish.