MIAMI LUXHomes

Penthouses for Rent in Key Biscayne, Florida

3 listings

Top-tier rentals first — every matching home in Key Biscayne, refreshed as listings hit the market.

Penthouses for Rent in Key Biscayne — A Local's Guide

Key Biscayne is Miami's island village — past the Rickenbacker tollgate, between two state parks, with a K-8 school and streets where kids bike to the beach. Condo supply is capped by ordinance and the last new building arrived in 2014, so the market trades on genuine scarcity.

Renting a penthouse in Key Biscayne buys the top of a building without the closing costs — full-floor plans, private terraces and the best views in the tower, often furnished. Known for a family island village between two state parks, fifteen minutes from Brickell, Key Biscayne sees its penthouse rentals move through a quieter market than the floors below: many are offered briefly between owner stays, and the best ones lease before they're broadly marketed. The listings below are the building-designated PH lines currently offered.

Key Biscayne Market Snapshot

393
Leases signed, last 12 months
$7,000/mo
Median rent achieved
60 days
Median time to lease

Frequently Asked Questions

What do penthouse rentals in Key Biscayne typically require?

Expect the standard Miami package — first, last and security at signing plus association approval — and at the penthouse level, landlords often ask for financial verification. Furnished seasonal terms (roughly November–April) carry a premium over annual leases. A broker costs the renter nothing in most transactions and can pre-clear the building's requirements.

Are furnished penthouses available in Key Biscayne?

Frequently — penthouse owners are more likely than any other segment to lease furnished, especially seasonally. Availability turns over quickly; tell us your dates and we'll check what's actually offered, including units not yet publicly listed.

How fast can I move into a rental in Key Biscayne?

Most annual leases can close within one to two weeks: application, association approval where required, and deposits. Condo buildings add an association application that can take longer — we flag each building's timeline up front so there are no surprises.

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