Miami Homes under $500,000

Welcome to Miami, Florida—a vibrant city known for its stunning beaches, rich cultural diversity, and lively atmosphere. Nestled in Miami-Dade County, this dynamic metropolis is a melting pot of cultures, offering an array of experiences from world-class dining to exhilarating nightlife. With its year-round sunshine and warm climate, Miami is not just a vacation destination; it’s a place many call home.

For those seeking to plant roots in this bustling city without breaking the bank, there are fantastic opportunities to find homes under $500,000. Whether you're a first-time homebuyer, a young professional, or looking to invest, Miami offers a variety of neighborhoods that cater to diverse lifestyles. From the charming streets of Little Havana, rich with Cuban heritage, to the family-friendly enclaves of Coral Gables, there’s something for everyone.

Imagine waking up to the sounds of the ocean and the scent of tropical flowers, all while enjoying the convenience of urban living. Properties in this price range often feature modern amenities, spacious layouts, and proximity to local attractions, schools, and parks. With a little creativity, you can find a cozy condo or a quaint single-family home that fits your budget and lifestyle.

Miami is not just about the beaches; it’s about the community, the culture, and the connections you make. Explore the vibrant neighborhoods, immerse yourself in the arts, and enjoy the culinary delights that make this city truly unique. Your dream home in Miami awaits—let’s make it a reality!

Newest Miami Homes under $500,000

371 NE 194th Terrace, Miami $490,000

Explore this delightful 3-bedroom, 2.5-bathroom townhouse in the coveted Aventura Isles community. The kitchen showcases elegant granite countertops and modern stainless ...

3 Beds
3 Baths
A12101458 MLS

Courtesy of Douglas Elliman

Listing courtesy of Douglas Elliman. Contact:

50 Biscayne Boulevard Unit 1403, Miami image

50 Biscayne Boulevard Unit 1403, Miami $325,000

Turn-key studio at 50 Biscayne in the heart of Downtown Miami. move-in ready, this highly sought-after unit is ideal for short-term rental or easy income property. Featu...

1 Baths
A12101585 MLS

Courtesy of Deluxe Realty LLC

Listing courtesy of Deluxe Realty LLC. Contact:

50 Biscayne Boulevard Unit 1503, Miami image

50 Biscayne Boulevard Unit 1503, Miami $357,000

Studio at 50 Biscayne in the heart of Downtown Miami. move-in ready, this highly sought-after unit is ideal for short-term rental or easy income property. Features floor-...

1 Baths
A12101562 MLS

Courtesy of Deluxe Realty LLC

Listing courtesy of Deluxe Realty LLC. Contact:

90 NE 32 Street Unit 715, Miami $479,000

Welcome to The Standard, a signature address in the heart of Midtown Miami. This exquisite studio apartment offers an open-concept layout with soaring high ceilings and g...

1 Baths
A12100803 MLS

Courtesy of Douglas Elliman

Listing courtesy of Douglas Elliman. Contact:

1800 N Bayshore Drive Unit 4006, Miami image

1800 N Bayshore Drive Unit 4006, Miami — 1800 Club Condo $379,000

Edgewater living at its best in this waterfront building directly across from Margaret Pace Park. Enjoy one of Miami’s most connected locations, with South Beach, the Des...

1 Beds
1 Baths
A12100886 MLS
1800 Club Condo Bldg.

Courtesy of Miami Residential Group

Listing courtesy of Miami Residential Group. Contact:

Miami $220,000

WELL KEPT THIRD FLOOR TWO BEDROOM TWO BATH CONDO.UNIT HAS A TENANT PAYING ON A MONTH TO MONTH BASIS.

2 Beds
2 Baths
A12092310 MLS

Courtesy of United Realty Group Inc

Listing courtesy of United Realty Group Inc. Contact:

4681 NW 9th Street Unit 107, Miami image

4681 NW 9th Street Unit 107, Miami $250,000

Great opportunity to own this first floor unit, with two bedrooms and two full bathrooms. Balcony with privacy and corner unit, great opportunity for investors or first t...

2 Beds
2 Baths
A12101372 MLS

Courtesy of Luxe Properties

Listing courtesy of Luxe Properties. Contact:

7430 SW 153rd Place Unit 106-1, Miami image

7430 SW 153rd Place Unit 106-1, Miami $314,900

Welcome to this beautifully and newly renovated 2-bedroom, 2-bath condo in the desirable Highlands at Kendall. This first-floor corner unit features a newly renovated kit...

2 Beds
2 Baths
A12100440 MLS

Courtesy of Dalton Wade Inc

Listing courtesy of Dalton Wade Inc. Contact:

3470 E Coast Avenue Unit H1603, Miami image

3470 E Coast Avenue Unit H1603, Miami $448,000

Discover this updated 1 BR / 1.5 BA residence in the heart of Midtown Miami. Thoughtfully upgraded flooring, custom built-ins, and beautifully renovated bathrooms, the re...

1 Beds
2 Baths
A12101288 MLS

Courtesy of Grand Realty of America, Corp.

Listing courtesy of Grand Realty of America, Corp.. Contact:

8721 NW 21st Avenue, Miami $264,999

Cash or hard money/private lending only. Frame structure in need of repairs, sold as-is, on a 10,064 sq ft lot. Property Appraiser lists Primary Zone 5700 (Duplexes – Gen...

A12101101 MLS

Courtesy of Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty. Contact:

323 Ives Dairy Road Unit 323-08, Miami image

323 Ives Dairy Road Unit 323-08, Miami $321,000

Welcome to this beautifully remodeled one-story condo/villa located in the desirable gated community of Mediterranea Condo. This move-in-ready home features brand-new flo...

2 Beds
2 Baths
A12101194 MLS

Courtesy of Beachfront Realty Inc

Listing courtesy of Beachfront Realty Inc. Contact:

15770 SW 106th Terrace Unit 305, Miami image

15770 SW 106th Terrace Unit 305, Miami $299,000

Beautiful 2-bedroom, 2-bathroom unit in Royal Palm Place at Kendall Hammocks, one of Miami’s desirable communities. Features spacious bedrooms, a bright and inviting livi...

2 Beds
2 Baths
A12101116 MLS

Courtesy of Floridian Realty Corp.

Listing courtesy of Floridian Realty Corp.. Contact: