Luxury Apartments Rental Market

10 of the Most Expensive Rental Homes in Florida Boast Unbelievable Price-Tags

With its perfect weather, miles of amazing beaches, amusement parks, and hot spots like Miami, Naples, and Orlando, the Sunshine State appeals to many affluent people. Cohorts of tourists, residents, and investors mingle here all year round. While some look for short term accommodation, others are interested in a permanent residence. This high demand is keeping the luxury construction sector busier than ever. An explosion of new apartments as well as exclusive waterfront estates are turning Miami into one of the most appealing destinations for the wealthy in Florida.

Last year, the urban corridor from southern Palm Beach County to the Florida Keys was home to 19 billionaires and 6 millionaires. While some of these people own the homes they reside in, many others choose to rent fabulous properties for extravagant monthly payments. Venetian Island estates in Miami Beach, jet-ski lifts, 500-bottle wine rooms, private docks, and theater rooms are all available for elite renters who can pay 5- and 6-digit figures every month.

For your visual delight, we’ve put together 10 of the most expensive rental homes in Florida and resort-like estates that (a lot of) money can rent you right now. Spoiler alert: 8 out of the top 10 rentals are located in Miami Beach. Can you guess the hometowns of the only two in the top-10 that are not located there?

#10. MIAMI BEACH (SAN MARCO ISLAND) – Glass Modern Residence

Modern Villa at 1215 N Venetian Way, Miami Beach

Monthly Rent: $75,000

Address: 1215 N Venetian Way,  Miami Beach, Miami-Dade County, FL 33139
Size: 7,653 sq. ft. living area, 14,000 sq. ft. lot
Special features: 105 ft. city/bay views. White marble floors. Infinity heated pool. Roof-top terrace with 360 views. Furnished by eemiami.com.
Photo credit: Real Realty Investment

#9. MIAMI BEACH (DI LIDO ISLAND)  – 2-level Contemporary Villa

Contemporary Villa at 227 E Dilido Dr, Miami Beach

Monthly Rent: $80,000

Address: 227 East Dilido Dr, Miami Beach, Miami-Dade County, FL 33139
Size: 7,210 sq.ft, 3,500 sq.ft. of outdoor roof-top deck and entertainment area
Special features: Heated Infinity Pool. Boat Dockage. 35′ Jet Skis Lift. Brand new interiors by Kartell & Artefacto. Chef’s Kitchen with Miele appliances.
Photo credit: Point2 Homes

#8. MIAMI BEACH (STAR ISLAND) – Floridian Villa

Villa at 1 Star Island Dr, Miami Beach

Monthly Rent: $85,000

Address: 1 Star Island, Miami Beach, Miami-Dade County, FL 33169
Size: 7,988 sq.ft. living area, 58,332 sq.ft. corner lot
Special features: 240′ of sparkling waterfront. Tropical foliage and palms. Private dock. Separate 3BR/3BA Guest House.
Photo credit: Real Miami Beach – Madeleine Romanello

#7. PALM BEACH Oceanfront Landmark – Mizner Estate

473 N County Rd Estate in Palm Beach, FL

Monthly Rent: $90,000

Address: 473 N County Rd, Palm Beach, Palm Beach County, FL 33903
Size: 12,483 sq. ft. living area, over 1.5 acres lot, 150 ft. of direct beachfront, 12 bedrooms, 14 bathrooms
Special features: Splendid, lushly landscaped grounds. Large outdoor loggia for entertaining. Pool, tennis court, and beach cabana.
Photo credit: Point2 Homes

#6. MIAMI BEACH (SAN MARINO ISLAND) – Contemporary Gem

Contemporary Villa at 420 A San Marino Dr, Miami Beach

Monthly Rent: $100,000

Address: 420 W San Marino Dr, Miami Beach, Miami-Dade County, FL 33139
Size: 5,954 sq.ft. living area, 12,906 sq.ft. lot
Special features: All-glass waterfront home. 360-degree views from 1,700 sq.ft. rooftop terrace. Outdoor deck, heated pool, and furnished wood dock.
Photo credit: Brickell Brokers

#5. MIAMI BEACH (PALM ISLAND) – Waterfront Luxury Villa

Villa at 16 Palm Avenue, Miami Beach

Monthly Rent: $150,000

Address: 16 Palm Avenue, Miami Beach, Miami-Dade County, FL 33139
Size: 9,327 sq.ft. living area
Special features: Captivating garden, pool with waterfall, jacuzzi, and patio lined with picturesque palm trees. Fully equipped gym. Home theater.
Photo credit: Sigal Realty

#4. MIAMI BEACH (STAR ISLAND)Casa “La Bonita”

Casa "La Bonita" at 14 Star Island Dr, Miami Beach

Monthly Rent: $150,000

Address: 14 Star Island Dr, Miami Beach, Miami-Dade County, FL 33139
Size: 14,268 sq.ft. living area, 40,000 sq.ft. lot
Special features: Large pool, gazebo, private dock, and 100′ waterfront. Movie theater, elevator, and VIP suites. Works of art from all over the world.
Photo credit: Point2 Homes

#3. NAPLES – “La Capanna”

"La Capanna" at 2750 Gordon Dr, Naples

Monthly Rent: $150,000

Address: 2750 Gordon Dr, Naples, Collier County, FL 34102
Size: 18,172 sq. ft. living area
Special features: Old world Italian renaissance era ambiance. Home theater, fitness center, Zero Edge pool, and poolside cabana. Gulf views. 500-bottle wine room.
Photo credit: Point2 Homes

#2. MIAMI BEACH  – Magnificent Neo-Classical Estate

Neo=Classical Villa at 4730 North Bay Rd, Miami Beach

Monthly Rent: $150,000

Address: 4730 North Bay Rd, Miami Beach, Miami-Dade County, FL 33140
Size: 14,000 sq.ft. living area, 27,000 sq.ft. lot
Special features: 130′ of water frontage. Custom built-ins, movie theater, separate guest quarters. Designed by Austin Harrelson.
Photo credit: Point2 Homes

#1. MIAMI BEACH – Fabulous Contemporary Home

Contemporary Villa at 5446 N Bay Rd, Miami Beach

Monthly Rent: $300,000

Address: 5446 N Bay Rd, Miami Beach, Miami-Dade County, FL 33140
Size: 12,957 sq.ft. living area,  30,740 lot
Special features: Dock with dock pedestal, 186 ft. on water. Heated pool with spa. English garden. Cabana with bbq. Built by Todd Glaser.
Photo credit: Brickell Brokers

For more luxury apartments in Florida and homes at down-to-earth prices, visit RENTCafe.com today.

 

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About the author

Nicky Iudean

Nicky is an Online Communications Specialist for RENTCafé.com, where she researches and writes about real estate, interior design, and all things that spark renters’ interests. She is also your go-to person for content collaborations. Nicky double majored in Marketing and Applied Economics and holds a master's degree in Marketing Strategies and Policies. You can reach her via email at nicky.rentcafe@yardi.com.

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