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The top 10 rentals are asking $225,000 to $350,000 per month. many are also for sale
Ami Sasua is asking $350,000 a month in rent for his beachfront home on North Bay Road in Miami Beach.
Shashoua, a fintech executive and home spec developer, said he has received offers to buy and rent his mansion at 5718 North Bay Road. Potential renters have offered anywhere from $200,000 a month to $275,000 a month for the 7,800-square-foot, seven-bedroom home. Shashua said he would consider selling for his magic price – $75 million.
“I’m in no rush,” Shashoua said, speaking on the phone by the pool at the property. “If someone is going to come in and pay $350,000 a month, I’m willing to walk away with my toothbrush.”
The bay front home is available for rent with David Solomon of Berkshire Hathaway HomeServices EWM Realty. While it’s expensive, it’s not alone: Dozens of homeowners across South Florida are asking over $100,000 a month for their properties.
The top 10 most expensive residential properties for rent in Miami-Dade, Broward and Palm Beach counties range from $225,000 to $350,000, according to The Real Deal’s analysis of rental data by Redfin and Realtor.com. Most are located in Miami Beach and almost all are beachfront single family homes. Some cities have short-term rental restrictions. In Miami Beach, the minimum that a single-family home can be rented is six months and one day.
Here’s a look at the most expensive listings:
The new, two-story home at 5718 North Bay Road includes a wet bar, heated saltwater pool and spa, summer kitchen, bell bath, boat dock and rooftop deck. It has seven bathrooms, two half bathrooms and a chef’s kitchen, according to the listing. Solomon, the listing agent, said he’s already gotten $350,000 a month for the same property before. One family rented it for seven months at that price and moved in January, he said.
Solomon said he gets calls from locals who are renovating their homes, who need a place to stay in between, and potential renters who come from the Northeast, Midwest and California.
The Mediterranean-style beachfront mansion at 190 Palm Avenue is also asking $350,000 a month. A company managed by Jorge L. Garcia owns the 12,400-square-foot estate with seven bedrooms and seven bathrooms, property records show. It was built in 2014. Garcia paid $13.9 million for the property in 2019, records show. Maria Tartaglia of Tartaglia International Realty is the listing agent. The price includes furniture and household staff.
“My client is in no rush to rent it,” he said. “He has [the price] high for some reason.”
Tartaglia said the owner has not rented the Palm Island property before, but arranged for the $120,000-a-month rental of the house next door, which records show Garcia also owns.
Unlike the other nine rentals on this list, the Wellington estate at 3905 Gem Twist Court is an equestrian property aimed at a horse trainer who would rent the stalls to riders and students, said listing agent Laurie Elliott of Illustrated Properties.
Imobiliare GS LLC, a California entity, paid $5.5 million for the 4-acre Grand Prix Village South property in January of last year. It includes a 20-stall barn, expandable training area, owners lounge with kitchen, downstairs lounge, feed rooms, feed rooms and more. It is asking $350,000 a month in rent and is for sale for $9.8 million.
The trainer will be responsible for the full cost of the rental, and that person will have their own services, including fly spraying and manure pickup, Elliott said. He had an offer close to $350,000 asking for a longer rental period, from December to May, but the prospective tenant backed out. Typically, equestrian properties will be rented from January through March for the Winter Equestrian Festival, he said.
The Star Island mansion at 27 Star Island Drive is available for rent or purchase. Owner John Jansheski, founder of dental care company DenTek, saw the dollar signs when Ken Griffin bought a Star Island teardown for $75 million in 2021. Jansheski listed his home for sale, asking $90 million a month later, in January last year.
The DenTek mogul bought the property for $10.8 million in 2011, according to records. It extends over 0.9 acres of beachfront and includes two separate residences. Inland on the property is a three-bedroom home designed by Walter De Garmo in 1924. A six-bedroom modern townhouse completed in 2019 sits on 100 feet of waterfront, records show.
In all, it has nine bedrooms, 12 bathrooms and four half bathrooms, according to the listing and property records. The estate also has a gym, swimming pool, spa, cold pool, hair salon and massage parlor, the listing shows.
Jansheski’s ex-wife, Inside Network’s Alyssa Morgan, has both listings. The rental is on the market for $325,000 per month.
The Venetian Islands waterfront home at 28 West Dilido Drive is on the market for rent, asking $300,000, and for sale, asking $45 million, with Dina Goldendayer of Douglas Elliman. Goldentayer declined to comment. A company headed by Belgian diamond magnate Fabrice Finkelstein owns the 7,300-square-foot, five-bedroom home, according to records.
The company paid $7.9 million for the 0.3-acre property in 2018. Finkelstein and his wife, Zyvile Cer, a model, tore down the previous home and built the custom estate. It was completed last year.
A peninsula-shaped property in Fort Lauderdale is on the market for rent asking $250,000 a month or for sale for nearly $32 million. Julie Jones, with Douglas Elliman, has both lists.
The 10,600-square-foot, six-bedroom, nine-and-a-half-bathroom mansion at 529 Bontona Ave. was built in 2015. Bonnie Huizenga, sister of the late H. Wayne Huizenga, sold the 0.9-acre lot to a firm led by James T. Bates , builder, in 2016. Bates’ wife Katia designed the interiors. The home has not been lived in since it was renovated in 2019, according to the listing.
Like some of the other expensive listings, the waterfront home at 158 Palm Avenue is also on the market for sale, asking $39.9 million. Spec homebuilder William Campbell completed the 14,000-square-foot, six-bedroom mansion last year. He paid $5.6 million for the 0.7-acre lot in 2017, records show.
The property is available for rent for $250,000 a month, said agent Lourdes Alatriste of Douglas Elliman. Alatriste said she received offers of up to $200,000 during Art Basel, but that was for a shorter period of time than allowed by law. The owner plans to sell the house but will rent it to a quality tenant, he said.
Includes a chef’s kitchen, guest house, movie theater, pool and dock with 100 feet of waterfront.
This beachfront mansion at 30 Palm Avenue is another top rental listing that is also available for purchase. Jill Eber of Jills Zeder Group at Coldwell Banker has the listings for the 0.7-acre Palm Island estate, asking $250,000 a month in rent or $43 million to sell.
Brazilian developer Leo Macedo bought the property for $5 million in 2012 and completed the 9,600-square-foot mansion in 2013, according to records. He has listed the property for sale since 2015 and listed it for rent in November.
The nine-bedroom, eight-bathroom mansion has 100 feet of waterfront on Biscayne Bay, an 11-seat movie theater, an oceanfront gym and a four-car garage. The estate also includes a swimming pool, jacuzzi and summer kitchen.
The waterfront mansion at 440 South Mashta Drive has attracted big-name tenants in the past. Soccer star and recent 2022 FIFA World Cup champion Lionel Messi rented the home in 2021. Messi paid $200,000 a month to stay at the Key Biscayne property after leading Argentina to the 2021 Copa America, the Islander reported News.
Gustavo Gambino of Gambino Real Estate has the rental listing, which has risen to $250,000 a month since Messi’s stay. Records show Sergio Roitberg and his wife, Valeria Sessa, bought the property for $8.4 million in 2012 and completed construction on the mansion in 2013.
The four-story home spans 8,200 square feet with five bedrooms and five bathrooms, according to records. It includes an elevator, a gym and a rooftop terrace, according to the listing.
Roitberg is CEO of Miami-based Newlink, a consulting firm specializing in Latin American markets.
Tutor Perini CEO Ronald Tutor and his wife, Alia Tutor, set a record price for Golden Beach when they bought this beachfront home for $22.5 million in 2014. Now they’re asking $225,000 a month to rent it.
The 10,800-square-foot mansion was built in 1956 and has a beach cabana –– something that wouldn’t be allowed for the same home if it were built today, according to listing agent Diane Lieberman of One Sotheby’s International Realty. The 0.9-acre property spans 150 feet of oceanfront, with six bedrooms, eight bathrooms and two half bathrooms, records and the listing show.
The home includes a movie theater, elevator, finished basement, gym and staff quarters, according to the listing. Lieberman said the owners are looking for a year-long tenant and are not interested in a short-term seasonal lease.
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