South Beach Homes under $400,000

South Beach Homes under $400,000

Welcome to South Beach, a vibrant neighborhood nestled in the heart of San Francisco, California. Known for its stunning waterfront views and dynamic atmosphere, South Beach is a perfect blend of urban sophistication and relaxed coastal charm. With its close proximity to the iconic Embarcadero and the bustling Financial District, this area is ideal for professionals and families alike who crave the excitement of city living while still enjoying the tranquility of the bay.

One of the most appealing aspects of South Beach is its diverse range of housing options. For those seeking affordable living in this desirable locale, you’ll be pleased to know that there are homes available for under $400,000. These properties often come in the form of cozy condos or charming studios, making them an excellent choice for first-time homebuyers or investors looking to tap into the San Francisco market.

Residents of South Beach enjoy a lifestyle filled with convenience and leisure. The neighborhood boasts a variety of trendy restaurants, cafes, and shops, as well as access to beautiful parks and waterfront promenades perfect for morning jogs or evening strolls. With a strong sense of community and easy access to public transportation, South Beach is not just a place to live; it’s a place to thrive.

Whether you’re drawn to the stunning skyline views, the rich cultural scene, or the promise of a vibrant community, South Beach offers a unique opportunity to experience San Francisco living at its finest. Don’t miss your chance to call this captivating neighborhood home!

Newest South Beach Homes under $400,000

1 Federal Street Unit 47, San Francisco
$222,167
1 Baths ⋅ 426164393 MLS
Incredibly unique spacious top floor studio! High ceilings, in unit W/D, gas fireplace, 1 car parking, large closets, and good natural make this a very special home. Building amenities include gym and 24 hour doorperson. Temporary waivers apply to this unit 20% over posted AMI which would be 100% AMI, Asset test waived, see Dahlia listing for complete waivers list. Below Market Rate (BMR) housing opportunity available at 80% Area Median Income (AMI). See waivers for higher qualifying AMI Maximum income for 1 person = $90,750; 2 = $103,750; 3 = $116,700; 4 = $129,700; 5 = $140,050 etc. Must be 1st-time homebuyer & income eligible. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Unit will be listed on DAHLIA, the SF Housing Portal (https://housing.sfgov.org) starting on the application date, 9-30-2026. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 10-21-2026 at 5:00 PM. Fair Housing Opportunity.

1 Federal Street Unit 47, San Francisco
200 Brannan St Unit #114, San Francisco
$309,624
2 Beds ⋅ 2 Baths ⋅ 41149641 MLS
2-bedroom Below Market Rate (BMR) housing opportunity available at 80% Area Median Income (AMI). Maximum income: 2 people=$103,750; 3=$116,700; 4=$129,700; 5=$140,050. Must be A 1st-time homebuyer & income eligible. Unit available through MOHCD & subject to resale controls, monitoring & other restrictions. Unit will be listed on DAHLIA, the SF Housing Portal (https://housing.sfgov.org), starting on the application date, 9/28/2026. Visit https://housing.sfgov.org for application & program info. Application, loan pre- approval & homebuyer education verification due 10/20/2026 at 5:00 PM. Open Houses: Fri 10/2, 5–7 PM; Sat 10/3, 1:30–4 PM; Sun 10/11, 1:30–4 PM. Fair Housing Opportunity.

200 Brannan St Unit #114, San Francisco
1 Federal Street Unit 20, San Francisco
$327,659
1 Baths ⋅ 426151490 MLS
Incredibly unique spacious studio! High ceilings, in unit W/D, gas fireplace, large closets, and good natural ight make this a very special home. Building amenities include gym and 24 hour doorperson.TEMPORARY WAIVERS apply to this unit: must not exceed 120% of the area median income, can have asset test excluded, can complete the Homebuyer education after applying, can make a down payment more than 50% of the sales price. Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $113,450; 2 = $129,700; 3 = $145,900 5 = $175,050, etc. Must be 1st-time homebuyer & income eligible. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Unit will be listed on DAHLIA, the SF Housing Portal (https://housing.sfgov.org) starting on the application date, 8-13-2026. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 9-3-2026 at 5:00 PM. Fair Housing Opportunity.

1 Federal Street Unit 20, San Francisco
400 Beale Street Unit 505, San Francisco
$399,500
1 Beds ⋅ 1 Baths ⋅ 426112220 MLS
1 Bedroom with bonus room and deck First Come First Serve No Lottery Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $113,400; 2 = $129,700; 3 = $145,900; 4 = $162,100; 5= $177,500, etc. Must be 1st-time homebuyer & income eligible. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. The unit will be available on a first come first served basis starting on 5/6/2026 at 8:00 AM PST. Please visit https://housing.sfgov.org/listings/a0W7y00000Gjq4TEAR to view the listing and for application & program info. Fair Housing Opportunity.

400 Beale Street Unit 505, San Francisco
285 Main Street Unit 408, San Francisco
$337,931
1 Beds ⋅ 1 Baths ⋅ 426104539 MLS
Below Market Rate (BMR) housing opportunity available at MIRA through the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring and other restrictions. This home is a new home and has never been occupied. Explore a new angle on life at MIRA, luxury condominium homes developed by the team at Tishman Speyer and designed by award-winning architecture Studio Gang. Located at the corner of Main and Folsom Streets in San Francisco, CA, MIRA features iconic architecture, innovative layouts and a bold attitude. Fresh and forward-thinking, MIRA invites you to shift your perspective on living in San Francisco. All images are representative of the development.

285 Main Street Unit 408, San Francisco
285 Main Street Unit 312, San Francisco
$385,168
2 Beds ⋅ 1 Baths ⋅ 426104537 MLS
Below Market Rate (BMR) housing opportunity available at MIRA through the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring and other restrictions. This home is a new home and has never been occupied. Explore a new angle on life at MIRA, luxury condominium homes developed by the team at Tishman Speyer and designed by award-winning architecture Studio Gang. Located at the corner of Main and Folsom Streets in San Francisco, CA, MIRA features iconic architecture, innovative layouts and a bold attitude. Fresh and forward-thinking, MIRA invites you to shift your perspective on living in San Francisco. All images are representative of the development.

285 Main Street Unit 312, San Francisco
285 Main Street Unit 202, San Francisco
$330,641
2 Beds ⋅ 1 Baths ⋅ 426104524 MLS
Below Market Rate (BMR) housing opportunity available at MIRA through the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring and other restrictions. This home is a new home and has never been occupied. Explore a new angle on life at MIRA, luxury condominium homes developed by the team at Tishman Speyer and designed by award-winning architecture Studio Gang. Located at the corner of Main and Folsom Streets in San Francisco, CA, MIRA features iconic architecture, innovative layouts and a bold attitude. Fresh and forward-thinking, MIRA invites you to shift your perspective on living in San Francisco. All images are representative of the development.

285 Main Street Unit 202, San Francisco
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