The luxury real estate market in Bay Harbor Islands has reached a new milestone with the record-breaking $17 million sale of La Maré Bay Harbor’s penthouse in the prestigious Regency Collection. Elegantly positioned atop 9927 E Bay Harbor Drive, this 8,000-square-foot waterfront penthouse embodies the pinnacle of sophisticated living. Featuring four bedrooms, five bathrooms, and soaring 10-foot ceilings, the residence boasts an expansive 4,000-square-foot private rooftop terrace with a private pool and summer kitchen, offering an unparalleled indoor-outdoor lifestyle.

Every element of the penthouse has been meticulously curated, from bespoke millwork to imported stone finishes, seamlessly blending elegance with functionality. Floor-to-ceiling glass walls maximize the breathtaking waterfront views, creating a serene retreat that redefines luxury living.

Represented by seasoned new development expert Alice Troyanovsky from the in-house sales team alongside leading agents Ruthie Assouline, Ethan Assouline and Eytan Namiech of The Assouline Team at Douglas Elliman representing the buyer, this transaction sets a new benchmark for the area, surpassing the previous high of $12.5 million.

La Maré Bay Harbor is raising the standard for new development in Bay Harbor Islands, a community renowned for its peaceful ambiance and upscale lifestyle. Nestled between the bustling energy of Miami Beach and the high-end shopping and dining of Bal Harbour, Bay Harbor Islands offers residents an exclusive retreat that prioritizes privacy and tranquility without sacrificing accessibility.

Designed with both aesthetics and practicality in mind, La Maré Bay Harbor’s collections—including the Regency Collection, Signature Collection and the Bay Collection—are a showcase of architectural excellence and interior sophistication. Residences feature open layouts, designer finishes, and private outdoor spaces that embrace the surrounding natural beauty.

The project’s world-class amenities cater to the most discerning buyers, with features such as a state-of-the-art fitness center, a serene spa, a waterfront infinity pool, and private marina access. Residents also benefit from concierge services designed to elevate every aspect of their lifestyle.