MIAMI LUXHomes

Penthouses for Sale in Key Biscayne, Florida

4 listings

Newest arrivals first — every matching home in Key Biscayne, refreshed as listings hit the market.

Penthouses for Sale 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.

A penthouse in Key Biscayne is a different asset from the tower beneath it: the top floors carry higher ceilings, wraparound terraces, private elevators and often the only floor plans in the building that live like houses in the sky. Known for a family island village between two state parks, fifteen minutes from Brickell, Key Biscayne prices its penthouse lines on scarcity — a tower releases only a handful, and the true trophy units trade quietly and rarely. Every listing below is a genuine top-floor residence, identified by the building's own PH designation rather than a marketing label.

Key Biscayne Market Snapshot

226
Homes sold, last 12 months
$1.6M
Median sale price
60 days
Median time on market

Frequently Asked Questions

What actually counts as a penthouse in Key Biscayne?

We list residences the building itself designates PH — the top-floor lines with the tower's premium ceiling heights, terraces and finishes. That's a stricter standard than listings that merely use "penthouse" in their marketing. Upper and lower penthouse levels (UPH/LPH) in multi-level crowns are included.

Do Key Biscayne penthouses hold value better than the units below them?

Historically the scarce top-floor lines are the most resilient segment of a building — there are only a few of each, they rarely trade, and buyers at that level are less financing-dependent. The premium over mid-tower lines varies by building; we can pull the exact PH-vs-tower spread for any building you're considering.

How do I tour a home in Key Biscayne?

Every listing on this page has an inquiry form that reaches the broker directly — or call +1 786-370-8570. We arrange private showings around your schedule, including video tours for out-of-town buyers, and there is never an obligation.

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