BreakThru Realty

Miami Homes for Sale Under $500,000

See what a budget under $500,000 really buys in Miami, and what it costs to own, before you commit.

Every home, condo and townhome currently for sale in Miami, Florida under $500,000, straight from BeachesMLS and updated throughout the day.

Under half a million, a Miami purchase is usually a condominium, and it can sit almost anywhere in the mailing city. Older low- and mid-rise buildings dominate: The Greens in Fontainebleau, Lago del Rey and the Courtyards at Kendall to the west, Blue Lagoon near the airport and Sixth Moorings on the northern edge, largely from the seventies through the nineties. A few newer towers appear as studios and one-bedrooms, Metropolis at Dadeland, The Loft Downtown and The Club at Brickell Bay among them. Townhomes and villas turn up in The Hammocks and on the far southern fringe; a detached house is rare. Before offering on an older unit, ask a lender whether the building can be financed as it stands.

34 listings, newest first.

The 34 listings on this page run from $390,000 to $499,000, with a median of $442,000, about $383 per square foot, and they have been listed a median of 3 days.

The communities with the most listings here are Breezewood (2), Villas at Cutler Ridge (2) and Weitzer Serena Lakes Town (2), 6 of the 34; the others are spread across 28 more communities. By type: 16 condos, 10 townhomes and villas, 6 single-family homes and 2 multifamily properties. Bedrooms run from studios to 4, a median of 2; they were built between 1940 and 2026, a median of 1986, and 6 in the last ten years. 5 are on the water.

Ask About These Miami

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.

Get New Miami Homes Under $500,000 Before You Miss Them

Well priced homes can go under contract quickly. Leave your email on this page and BreakThru Realty sends you each new listing that matches this exact search, straight from the MLS, as it comes on the market. You can also save the search, ask about a home, schedule a showing or call an agent from this page.

Thinking About Selling in Miami?

Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Enter your address and a licensed broker prepares your selling options from the closed sales nearest your home and the buyers on file.

  • A value range built from comparable Miami sales, with the reasoning
  • Whether a buyer already working with BreakThru Realty is looking for a property like yours
  • The plan that reaches the rest of the market if no buyer on file fits
  • An estimate of your selling costs and what you would keep after closing
  • Your timing, privacy and goals, worked through before anything is listed

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Selling in Miami?

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Every home, condo and townhome for sale in Miami, straight from the MLS and updated through the day. Find my Miami home.

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Multifamily, rental and value add property in Miami, with the taxes, association fees and price history on every listing. Evaluate Miami investments.

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