Bay Harbor Islands Penthouses for Rent

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Matthew Gromadzki, Real Estate Broker
Matthew Gromadzki
Real Estate Broker
(786) 370-8570
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Live MLS inventory in Bay Harbor Islands, updated continuously. Florida Lux Real Estate currently tracks 3 active listings here. MLS inventory updated October 11, 2026.

Penthouses for Rent in Bay Harbor Islands: What to Know Before You Search

Bay Harbor Islands is a low-rise town spread across two islands in Biscayne Bay, one bridge from Bal Harbour Shops. Height-limited streets blend mid-century co-ops with the densest run of boutique bayfront new construction in South Florida, much of it offering private dockage, and the A-rated K-8 school is a real draw.

Leasing a penthouse in Bay Harbor Islands gets you the address, the terrace and the skyline without the purchase — a route favored by executives on assignment and by buyers auditioning a building before they commit. In a market known for boutique bayfront buildings and an A-rated school, a bridge from Bal Harbour, penthouse rentals are a thin, quick-moving segment, and this page gathers every one currently offered on an annual lease.

Bay Harbor Islands Market Snapshot

293
Leases signed, last 12 months
$3,100/mo
Median rent achieved
52 days
Median time to lease

Frequently Asked Questions

Can you rent a penthouse in Bay Harbor Islands?

Yes, though supply is limited and turns over fast. Penthouse rentals concentrate in luxury condo buildings and command a clear premium over standard units; whatever is available now appears on this page, refreshed from the MLS.

Are Bay Harbor Islands penthouse rentals furnished?

Frequently — high-floor luxury units lease furnished more often than the wider market, sometimes on seasonal terms. Each listing states what's included, and we confirm the details before you apply.

How quickly can I take occupancy of a Bay Harbor Islands rental?

A straightforward annual lease often comes together in a week or two once the application, deposits and any association sign-off are done. Buildings that require board approval run longer, so we tell you each one's real timeline before you apply rather than after.

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