Diamonds on top! A penthouse with a pool atop the Tiffany Building in Palm Beach is selling for $18 million — five months after developers put it on the market for $24 million.
- Tiffany’s penthouse in Palm Beach, Florida, has sold for $18 million
- Unfinished 13,000-square-foot penthouse listed in 2022 for $24 million
- The house has a private rooftop deck with a pool, outdoor bar and dining area
An unfinished penthouse atop Tiffany’s Building in Palm Beach, Florida, has sold for $18 million, just five months after it was originally listed for $24 million.
The five to six bedroom residence comes with a rooftop terrace that includes a private putting green, lounge area, outdoor bar, and infinity pool.
Inside, the apartment features a master bedroom suite, a maid’s room, and three fireplaces. The penthouse also includes an elevator.
The anonymous new owners will have to don their construction hats, like real estate developer Todd Michael Glaser He said It is estimated that the cost of the unit will cost between 4 to 5 million dollars.
An unfinished penthouse atop Tiffany’s Building in Palm Beach, Florida, has sold for $18 million, just five months after it was originally listed for $24 million.
The five- to six-bedroom residence has a rooftop terrace that includes a private green space, lounge area, outdoor bar, and infinity pool.
Inside, the apartment features a master bedroom suite, a maid’s room, and three fireplaces. The penthouse also includes an elevator
At 13,000 square feet — of which 9,876 square feet is interior space — the gorgeous penthouse stands at the corner of Worth and Hibiscus Streets.
According to brokers, who originally listed the property in November, the penthouse is the only Tiffany & Co. building in the world with a residence above it.
It is also the only residence on the premises.
The sellers had first listed the place for $24 million but recently dropped the listing to $19.98 because they were determined to sell.
Glaser told the Wall Street Journal that construction on the interior is scheduled to begin May 1 and that they want to sell the property before then.
The real estate developer purchased the property in 2022 for $15.5 million.
“It’s a clean slate, like a loft, on one of the most exclusive streets in the world, with as many as six bedrooms and a balcony overlooking the whole of Worth Avenue,” said broker Jill Eber, of Coldwell Banker Realty. Gimme Shelter in 2022.
“There’s nothing quite like it,” added Jill Hertzberg, of Coldwell Banker Realty.
At 13,000 square feet—of which 9,876 square feet is indoor space—it stands at the corner of Worth and Hibiscus Streets.
‘It’s a clean slate, like a loft, on one of the most exclusive streets in the world, with up to six bedrooms and a balcony overlooking the whole of Worth Avenue,’ said moderator Jill Eber in 2022.
The Penthouse was originally developed by John C. Kean with Fortress Investment Group and Hyde Retail Partners.
That group bought the building for $20 million in 2018.
The name of the buyer has not been disclosed at this time.
And according to the Wall Street Journal, Christian J. Angel of Christian Angel Real Estate represented the buyer.
