Homes Under $500K in South Miami, FL
16 listings in South Miami
There are 16 homes under $500K for sale in South Miami, Florida right now, priced from $269K to $485K. The median list price is $350,000. That puts this segment 69% below the overall South Miami median of $1,137,000 across 46 active listings.
These homes average 829 square feet of living area. Average pricing runs $425 per square foot versus $892 citywide. The median year built is 2004.
This segment averages 74 days on market, 44 days faster than the South Miami average of 118. The median closed-sale price in South Miami is $925,000. Deals close at 96.4% of list price. The absorption rate is 10.3%.
The largest concentration is in Valencia Condo, with 13 available listings. The rest is spread across 3 other communities and 2 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.
Market overview
Total active
16
Avg price
$352,562.50
Median price
$350,000.00
Price range
$269,000.00 – $485,000.00
Avg $/sqft
$425.25
Luxury (1M+)
0
Market Pulse
Based on 25 closed sales in South Miami · last 12 months
💰
Median Sold Price
$925,000
from closed sales
📅
Avg. Days on Market
100 days
from list to contract
📊
Absorption Rate
10.3%
of inventory sold per month
🎯
Sale-to-List Ratio
96.4%
of asking price
Source: Spark MLS · Updated every 6h
16 listings in South Miami
$410,000
6001 SW 70th Street 512, South Miami, FL 33143 · South Miami · FL 33143
2 bd · 2 ba · 1,010 sqft
$376,000
6001 SW 70th Street 227, South Miami, FL 33143 · South Miami · FL 33143
2 bd · 2 ba · 1,010 sqft
View details$269,000
6001 SW 70 Street 208, South Miami, FL 33143 · South Miami · FL 33143
1 bd · 1 ba · 522 sqft
View details$410,000
6001 SW 70th Street 443, South Miami, FL 33143 · South Miami · FL 33143
2 bd · 2 ba · 1,010 sqft
View details$355,000
6001 SW 70th Street 137, South Miami, FL 33143 · South Miami · FL 33143
2 bd · 1 ba · 842 sqft
View details$295,000
6001 SW 70th Street 355, South Miami, FL 33143 · South Miami · FL 33143
1 bd · 1 ba · 652 sqft
View details$299,000
6001 SW 70th Street 117, South Miami, FL 33143 · South Miami · FL 33143
1 bd · 1 ba · 720 sqft
View details