How much do condos under $500,000 cost in Miami Beach?

The 48 condos under $500,000 for sale in Miami Beach on this page ask from $395,000 to $500,000, a median of $449,000 or about $547 per square foot, from BeachesMLS listings as of November 8, 2026. 5 are under $400,000, 42 are between $400,000 and $500,000 and 1 are at $500,000 and up. Asking prices are not sale prices: the Miami Beach housing market report shows what homes closed for.

How many condos under $500,000 are for sale in Miami Beach right now?

48 or more condos under $500,000 are listed for sale in Miami Beach as of November 8, 2026, and the typical one has been on the market 20 days; 8 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.

Which Miami Beach communities have condos under $500,000 for sale?

Island Terrace (3, median $449,000), 1100 West (2, median $417,000), Arlen Beach (2, median $464,950), Clearview Towers (2, median $458,500), Mirador (2, median $447,000) and Ocean Point (2, median $432,500) hold the most condos under $500,000 for sale in Miami Beach today. The rest are spread across 31 more communities.

What are the association fees on condos under $500,000 in Miami Beach?

The median association fee on the condos in this search is $1,056 a month, from $440 to $3,261, as the listings state them as of November 8, 2026. The fee depends on what the association covers, from insurance and reserves to staff and amenities; we read the budget, the reserve study and any assessment before you offer.

Miami Beach Condos for Sale Under $500,000

Find the Miami Beach condo that fits your life, with the association, the fees and the offer understood before you commit.

Live BeachesMLS listings matching this search in Miami Beach, Florida, updated throughout the day.

Owning in Miami Beach at the attainable end usually means a small apartment in an older building. Studios and one-bedrooms in the Art Deco and Mediterranean Revival walk-ups around Flamingo Park, MiMo garden buildings in North Beach near the Bandshell and the Tatum Waterway, the buildings on Normandy Isle from the sixties to the eighties, and the small co-ops along Pine Tree Drive in Lakeview make up much of this market. Each carries trade-offs worth pricing: no elevator or assigned parking in many walk-ups, shares instead of a deed in a co-op, and a building old enough for the milestone inspection, county recertification and a structural reserve study. Ask for the insurance certificate and the reserve schedule, whether leasing is allowed in the first year, and how lenders view the Miami Beach building before relying on a loan.

The 48 newest listings are below; see every match with map and filters.

The 48 listings on this page run from $395,000 to $500,000, with a median of $449,000, about $547 per square foot, and they have been listed a median of 20 days.

The communities with the most listings here are Island Terrace (3), 1100 West (2), Arlen Beach (2), Clearview Towers (2) and Mirador (2), 11 of the 48; the others are spread across 32 more communities. All of them are condos. Bedrooms run from studios to 2, a median of 1; they were built between 1924 and 2016, a median of 1968, and 1 in the last ten years. 3 of the 48 have a pool, and 31 are on the water. They sit in 3 ZIP codes: 33139, 33140 and 33141.

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Miami Beach Condos Under $500,000: What Is on the Market

What the 48 condos under $500,000 for sale in Miami Beach tell you about this market, counted from the listings on this page as of November 8, 2026. Every figure moves with the inventory. Ask about any of these homes or request a showing from this page.

Listings on this page	48
Asking prices	$395,000 to $500,000
Median asking price	$449,000
Median price per square foot	$547/sq ft
Median living area	825 sq ft
Bedrooms	Studio to 2, median 1
Year built	1924 to 2016, median 1968
Median association fee (condos)	$1,056/mo
Median days on market	20 days
Listings with a price cut	8 of 48
With a pool	3 of 48
On the water	32 of 48
With ocean access	5 of 48
No fixed bridges to the inlet	6 of 48
Garage spaces	1 to 2

Communities With the Most Listings

Community	Listings	Median asking price
Island Terrace	3	$449,000
1100 West	2	$417,000
Arlen Beach	2	$464,950
Clearview Towers	2	$458,500
Mirador	2	$447,000
Ocean Point	2	$432,500

By Asking Price

Under $400,000: 5 listings
$400,000 to $500,000: 42 listings
$500,000 and up: 1 listing

Counted from the listings on this page, BeachesMLS, as of November 8, 2026. Asking prices, not sale prices. Not an appraisal.

Miami Beach Condos Under $500,000: Questions Buyers Ask

How much do condos under $500,000 cost in Miami Beach?: The 48 condos under $500,000 for sale in Miami Beach on this page ask from $395,000 to $500,000, a median of $449,000 or about $547 per square foot, from BeachesMLS listings as of November 8, 2026. 5 are under $400,000, 42 are between $400,000 and $500,000 and 1 are at $500,000 and up. Asking prices are not sale prices: the Miami Beach housing market report shows what homes closed for.
How many condos under $500,000 are for sale in Miami Beach right now?: 48 or more condos under $500,000 are listed for sale in Miami Beach as of November 8, 2026, and the typical one has been on the market 20 days; 8 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.
Which Miami Beach communities have condos under $500,000 for sale?: Island Terrace (3, median $449,000), 1100 West (2, median $417,000), Arlen Beach (2, median $464,950), Clearview Towers (2, median $458,500), Mirador (2, median $447,000) and Ocean Point (2, median $432,500) hold the most condos under $500,000 for sale in Miami Beach today. The rest are spread across 31 more communities.
What are the association fees on condos under $500,000 in Miami Beach?: The median association fee on the condos in this search is $1,056 a month, from $440 to $3,261, as the listings state them as of November 8, 2026. The fee depends on what the association covers, from insurance and reserves to staff and amenities; we read the budget, the reserve study and any assessment before you offer.

Before You Buy: The Guides

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