Renting vs Buying in Bal Harbour: What You Need to Know

Oceana Bal Harbour Team Updated May 2026 2 min read

Luxury Rentals at Oceana Bal Harbour

For those seeking the ultimate in South Florida luxury without the commitment of ownership, Oceana Bal Harbour offers an exceptional rental experience. With units available from $12,000 to $75,000 per month, renters enjoy full access to every amenity and service that makes Oceana one of the most coveted addresses in Bal Harbour.

Situated in the exclusive Village of Bal Harbour, the building provides the perfect base for seasonal residents, corporate relocations, and discerning travellers who demand more than a hotel can offer.

Rental Pricing by Unit Type

Unit Type Sq Ft Unfurnished/Mo Furnished/Mo Seasonal (Dec-Apr)
2 Bed / 2.5 Bath 1,267 – 1,450 $12,000 – $15,000 $15,000 – $20,000 $22,000 – $28,000
3 Bed / 3.5 Bath 2,100 – 2,600 $18,000 – $25,000 $23,000 – $32,000 $30,000 – $42,000
4 Bed / 4.5 Bath 3,200 – 3,800 $28,000 – $38,000 $35,000 – $48,000 $45,000 – $58,000
5+ Bed Penthouse 4,500 – 8,993 $45,000 – $60,000 $55,000 – $75,000 $70,000 – $95,000

Furnished vs. Unfurnished Options

Furnished Rentals

Furnished units at Oceana are typically designer-appointed with high-end furniture, linens, kitchenware, and artwork. These turn-key residences are ideal for seasonal tenants and corporate relocations. Expect to pay a 25-35% premium over unfurnished rates for a fully appointed home.

Unfurnished Rentals

Unfurnished units offer a blank canvas for tenants bringing their own belongings or those planning longer-term stays. Annual leases on unfurnished units offer the best value and greatest selection. All units include built-in closet systems, window treatments, and appliances regardless of furnished status.

Lease Terms and Requirements

  • Minimum lease: 6 months (building restriction; no short-term rentals)
  • Typical annual lease: 12 months with option to renew
  • Seasonal lease: 6 months, typically November through April
  • Security deposit: First month, last month, plus one month security (standard)
  • HOA approval: Required for all tenants; 2-4 week process
  • Pets: Permitted with no weight restrictions

What Is Included in Your Rental

Every Oceana rental includes full access to the building’s comprehensive amenity program at no additional cost:

  • Olympic-size pool with cabana and lounge service
  • Private beach with attendants, chairs, and umbrellas
  • Fitness centre, spa, sauna, and steam room
  • Tennis courts with lighting
  • Private cinema and social rooms
  • 24/7 valet parking (one space per bedroom, typically)
  • Concierge services
  • Security and front desk
  • Basic cable TV and high-speed internet
  • Water and trash removal

Additional Costs to Budget

  • Electricity (FPL): $200 – $800/month depending on unit size
  • Additional parking: $150 – $300/month per space
  • Storage units: $200 – $500/month (subject to availability)

The Rental Experience

Renting at Oceana provides an unparalleled opportunity to experience luxury resort living with the privacy and comfort of your own home. Many tenants use a rental period as a trial before committing to a purchase, getting to know the building, the neighbourhood, and the lifestyle firsthand.

Browse Available Rentals

View our current rental listings to see what is available now. You can also explore floor plans to understand the layouts, or reach out to us for a personalized search based on your specific requirements, timeline, and budget.

Interested in Oceana Bal Harbour?

Browse available residences or schedule a private viewing.

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Oceana Bal Harbour Team

Local real estate specialists in Bal Harbour, FL · Updated May 2026