What $500K Buys in Miami-Dade County, FL

A $500K budget buys a very different house depending on which Miami-Dade County city you point it at. This page compares every city with at least five active listings within 10% of $500K — size, age, bed and bath count, price per square foot, how much of the inventory is new construction and how long it has been sitting — from today’s live MLS actives, and lists the communities with the most homes at that price. It refreshes every night.

There are 1,927 homes for sale in Miami-Dade County, FL priced between $450,000 and $550,000 right now. At $500K, the typical home is 1,196 sq ft, built 2004, at $415/sq ft; 6% of them are new construction and the median has been on the market 63 days. The most house for the money is in Florida City (1,902 sq ft median); the least in Key Biscayne (757 sq ft); the newest in Florida City (median build year 2022).

What $500K buys, city by city

CityHomes for saleMedian sq ftBeds / bathsMedian year built$ / sq ftNew constructionMedian DOM
Miami8791,0622 / 22008$4686%60
Homestead2381,7443 / 32016$28421%54
Miami Beach1798601 / 21968$5760%94
Aventura1431,3122 / 21990$3840%103
Doral801,3443 / 22016$3834%73
Sunny Isles Beach721,1162 / 21975$4400%126
Miami Gardens721,4163 / 21970$3681%34
Hialeah651,4833 / 32014$3420%27
North Miami Beach461,1932 / 21957$4290%93
Florida City271,9024 / 32022$2780%62
Cutler Bay201,5183 / 21991$3350%22
North Miami191,2663 / 21950$4140%28
North Bay Village191,0302 / 21987$4590%68
Opa Locka141,2133 / 21950$4100%23
Coral Gables139101 / 22005$5850%22
Bal Harbour98001 / 11964$5620%83
Bay Harbor Islands91,1182 / 21967$4330%119
Key Biscayne67571 / 11966$6700%23
Miami Lakes51,5253 / 21978$3230%66

By ZIP code: where $500K goes furthest

The same budget by ZIP — useful where one city covers most of the county.

ZIPHomes for saleMedian sq ftMedian year built$ / sq ftNew construction
33180 Aventura1321,3101991$3871%
33160 Sunny Isles Beach1151,2181975$4080%
33132 Miami1086792022$73710%
33131 Miami1078162008$6312%
33033 Homestead1061,7852014$28227%
33130 Miami838152010$6005%
33032 Homestead781,6562020$29410%
33139 Miami Beach778101969$6390%
33140 Miami Beach749401967$5440%
33137 Miami697762016$6431%
33178 Doral551,4602015$3532%
33141 Miami Beach481,0301993$4780%

Communities with the most homes near $500K

CommunityCityHomes for sale near $500KMedian sq ftMedian year built
Parker Pointe TownhomesHomestead231,8342026
Golf ParkMiami191,5452023
Aquabella NorthHialeah181,4832021
Vista LagoMiami Gardens141,5952022
The Club At Brickell BayMiami148252005
DistrictMiami124722025
WATERVIEW CondoAventura121,1311982
501 First ResidencesMiami114292025
Via Ventura NeighborhoodMiami111,4442021
VIZCAYNE SOUTH CondoMiami119892008
CANVAS CondoMiami118612018
TOSCANO CondoMiami111,3082007
3401 MIDTOWN CondoMiami106472018
BLUE CondoMiami109652005
Map Of Miami Dade Co. Fl.Miami93862022

How to read this

Counts and medians are computed from active MLS listings priced within 10% of $500K ($450,000–$550,000) as of October 5, 2026; property mix at this price: Condo 55%, Single-family 24%, Townhouse 19%. Cities with fewer than five listings in the band are folded out of the city table but still count in the county total. Prices are asking prices, not closings — see the county page for sale-to-list ratios. Source: live MLS feeds compiled by Momentum Research. Other budgets in Miami-Dade County: $300K, $400K, $750K, $1M. Back to homes for sale in Miami-Dade County, FL.

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Common questions

What does $500K buy in Miami-Dade County, FL?

Across 1,927 active listings within 10% of $500K, the median home is 1,196 sq ft and was built in 2004, at about $415 per square foot. Florida City gives the most space at that price (1,902 sq ft median); Key Biscayne the least.

Which Miami-Dade County city has the newest homes around $500K?

Florida City, where the median listing near $500K was built in 2022.

How much new construction is there at $500K in Miami-Dade County?

About 6% of the 1,927 homes listed near $500K are new construction. The highest builder share is in Homestead (21%), Miami (6%), Doral (4%).