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

The 48 condos under $500,000 for sale in Miami on this page ask from $390,000 to $499,000, a median of $435,000 or about $550 per square foot, from BeachesMLS listings as of November 8, 2026. 4 are under $400,000 and 44 are between $400,000 and $500,000. Asking prices are not sale prices: the Miami housing market report shows what homes closed for.

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

48 or more condos under $500,000 are listed for sale in Miami as of November 8, 2026, and the typical one has been on the market 6 days; 4 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 communities have condos under $500,000 for sale?

Venetia (3, median $425,000), 501 First Residences (2, median $427,500), Brickellhouse (2, median $476,500), Centro (2, median $425,000), Map of Miami Dade Co Fl (2, median $444,500) and Opera Tower (2, median $424,000) hold the most condos under $500,000 for sale in Miami today. The rest are spread across 33 more communities.

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

The median association fee on the condos in this search is $818 a month, from $275 to $1,617, 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.

How new are the condos under $500,000 for sale in Miami?

11 of the 48 listings were built in the last five years; the rest date from 1973 to 2026, as of November 8, 2026. A new home's permits, warranty and the builder's contract terms are what we read before you reserve or offer.

Miami Condos for Sale Under $500,000

Find the Miami 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, Florida, updated throughout the day.

Condos at the attainable end of Miami come from two very different markets. Downtown and along Biscayne Boulevard, studios and one-bedrooms in towers such as Opera Tower and 50 Biscayne sell to first-time buyers and investors who want the city at their door. West and south, communities such as Kings Creek, the Fontainebleau villages and the condominiums of Kendale Lakes offer more room in buildings from the late sixties through the nineties. Both carry the same homework: read the reserve study, the milestone inspection and any special assessment, confirm the leasing rules, and ask a lender early whether the building qualifies for a conventional loan, since some Miami buildings sell only to cash buyers until their repairs are finished.

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

The 48 listings on this page run from $390,000 to $499,000, with a median of $435,000, about $550 per square foot, and they have been listed a median of 6 days.

The communities with the most listings here are Venetia (3), 501 First Residences (2), Brickellhouse (2), Centro (2) and Map of Miami Dade Co Fl (2), 11 of the 48; the others are spread across 34 more communities. All of them are condos. Bedrooms run from studios to 3, a median of 1; they were built between 1973 and 2026, a median of 2008, and 17 in the last ten years. 4 of the 48 have a pool, and 11 are on the water.

Ask About These Miami Condos Under $500,000

Tell us which of these homes you want to see, or what you are looking for that is not here, and a Miami agent replies with the homes that fit, the questions to ask about each and a time to see them. Call or text (786) 914-1017 or send the form on this page.

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

What the 48 condos under $500,000 for sale in Miami 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	$390,000 to $499,000
Median asking price	$435,000
Median price per square foot	$550/sq ft
Median living area	791 sq ft
Bedrooms	Studio to 3, median 1
Year built	1973 to 2026, median 2008
Median association fee (condos)	$818/mo
Median days on market	6 days
Listings with a price cut	4 of 48
With a pool	4 of 48
On the water	12 of 48
With ocean access	1 of 48
Garage spaces	1 to 2

Communities With the Most Listings

Community	Listings	Median asking price
Venetia	3	$425,000
501 First Residences	2	$427,500
Brickellhouse	2	$476,500
Centro	2	$425,000
Map of Miami Dade Co Fl	2	$444,500
Opera Tower	2	$424,000

By Asking Price

Under $400,000: 4 listings
$400,000 to $500,000: 44 listings

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

Miami Condos Under $500,000: Questions Buyers Ask

How much do condos under $500,000 cost in Miami?: The 48 condos under $500,000 for sale in Miami on this page ask from $390,000 to $499,000, a median of $435,000 or about $550 per square foot, from BeachesMLS listings as of November 8, 2026. 4 are under $400,000 and 44 are between $400,000 and $500,000. Asking prices are not sale prices: the Miami housing market report shows what homes closed for.
How many condos under $500,000 are for sale in Miami right now?: 48 or more condos under $500,000 are listed for sale in Miami as of November 8, 2026, and the typical one has been on the market 6 days; 4 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 communities have condos under $500,000 for sale?: Venetia (3, median $425,000), 501 First Residences (2, median $427,500), Brickellhouse (2, median $476,500), Centro (2, median $425,000), Map of Miami Dade Co Fl (2, median $444,500) and Opera Tower (2, median $424,000) hold the most condos under $500,000 for sale in Miami today. The rest are spread across 33 more communities.
What are the association fees on condos under $500,000 in Miami?: The median association fee on the condos in this search is $818 a month, from $275 to $1,617, 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.
How new are the condos under $500,000 for sale in Miami?: 11 of the 48 listings were built in the last five years; the rest date from 1973 to 2026, as of November 8, 2026. A new home's permits, warranty and the builder's contract terms are what we read before you reserve or offer.

Before You Buy: The Guides

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