Current Miami MLS inventory
Miami Condos Under $500,000
Current Miami-Dade condominium listings priced at $500,000 or less, with neighborhood, building, price and HOA comparisons from the active MLS feed.
As of October 22, 2026, 5,403 condos in Miami-Dade County are listed for sale at $500,000 or less — 51% of all 10,588 condos on the market. The median asking price in this range is $309,000, or $333 per square foot, and the median monthly HOA fee is $704/mo. Most of the supply is one- and two-bedroom units; 532 are studios.
Condos under $500K by neighborhood
| Neighborhood | Listed under $500K | Share of neighborhood listings | Median asking price | Median asking $/sq ft | Median HOA / month |
|---|---|---|---|---|---|
| Miami Beach | 770 | 46% | $330,000 | $484 | $769/mo |
| Aventura | 615 | 57% | $340,000 | $297 | $1,004/mo |
| South Beach | 459 | 54% | $314,900 | $504 | $712/mo |
| Sunny Isles Beach | 420 | 40% | $328,250 | $359 | $998/mo |
| Brickell | 382 | 25% | $420,000 | $559 | $851/mo |
| Downtown Miami | 323 | 35% | $410,000 | $545 | $850/mo |
| North Beach | 173 | 50% | $315,000 | $347 | $798/mo |
| Edgewater | 115 | 21% | $445,000 | $569 | $915/mo |
| North Bay Village | 91 | 67% | $319,888 | $348 | $840/mo |
| Coral Gables | 45 | 35% | $365,000 | $488 | $817/mo |
| Bay Harbor Islands | 36 | 23% | $362,500 | $366 | $975/mo |
| Coconut Grove | 34 | 19% | $386,500 | $533 | $767/mo |
Buildings with the most listings under $500K
| Building | Neighborhood | Listed under $500K | Lowest asking price | Median asking price | Median HOA / month |
|---|---|---|---|---|---|
| Vizcayne — South Tower | Downtown Miami | 20 | $240,000 | $434,750 | $1,151/mo |
| Centro | Downtown Miami | 19 | $304,500 | $359,000 | $646/mo |
| The Decoplage | South Beach | 19 | $299,000 | $389,000 | $873/mo |
| Mirador 1000 South Beach | South Beach | 18 | $274,900 | $327,500 | $872/mo |
| 50 Biscayne | Downtown Miami | 17 | $320,000 | $357,000 | $609/mo |
| Wind | Downtown Miami | 15 | $353,000 | $401,000 | $863/mo |
| Paraiso Bayviews | Edgewater | 14 | $419,000 | $447,000 | $863/mo |
| Winston Towers 200 | Sunny Isles Beach | 14 | $269,000 | $364,500 | $616/mo |
| Arlen House East | Bal Harbour | 13 | $325,000 | $389,000 | $1,100/mo |
| District 225 | Downtown Miami | 13 | $395,000 | $480,000 | $726/mo |
| E11even Hotel And Residences | Park West | 13 | $369,000 | $464,900 | $500/mo |
| Mirador 1200 South Beach | South Beach | 12 | $299,000 | $399,000 | $1,061/mo |
| Vizcayne — North Tower | Downtown Miami | 12 | $250,000 | $397,750 | $1,085/mo |
| 1060 Brickell — 1050 Tower | Brickell | 11 | $340,000 | $425,000 | $1,091/mo |
| Gale Miami Hotel Residences | Downtown Miami | 11 | $329,000 | $470,000 | $1,261/mo |
By bedrooms
Studio: 532 · 1 bedroom: 2,156 · 2 bedrooms: 2,248 · 3+ bedrooms: 467
Where the under-$500K supply is
Compare the neighborhood share with the price per square foot column. A high share with a lower price per square foot can indicate older, mid-rise stock; a lower share with a higher price per square foot can indicate newer towers where smaller residences fall under this price ceiling.
What to check before buying under $500K
In this range, the monthly HOA fee can be a large part of total cost. Ask the association for its current budget, the latest milestone inspection status, structural integrity reserve study and any approved or discussed special assessment. Florida Department of Business and Professional Regulation publishes the state condominium timeline.
Current MLS listings
Methodology
Counts include every active condominium listing in Miami-Dade County with an asking price of $500,000 or less in the Miami MLS feed on the date shown. Price per square foot and HOA per square foot exclude listings under 300 square feet, which are usually parking spaces, cabanas or storage units. HOA is the monthly association fee reported in the listing. Asking prices are not closed sale prices.
Frequently asked questions
How many condos under $500K are for sale in Miami?
As of October 22, 2026, 5,403 condos in Miami-Dade County are listed at $500,000 or less, 51% of all condominium listings.
Which Miami neighborhoods have the most condos under $500K?
Miami Beach (770), Aventura (615), South Beach (459) have the most listings at $500,000 or less as of October 22, 2026.
What is the typical HOA fee for a condo under $500K in Miami?
The median monthly HOA fee for Miami-Dade condos listed at $500,000 or less is $704/mo as of October 22, 2026. Fees vary by building age, amenities and what the fee includes.
Can I find a newer condo under $500K in Miami?
3 of the current table rows were built in 2015 or later. The current listing provides the property-specific year and details.