Palm Beach penthouse atop a Tiffany’s seeks nearly $10M flip

No more breakfast at Tiffany’s for developer Todd Michael Glaser.

Glaser bought Tiffany’s crown jewel — a glistening duplex penthouse above Tiffany & Co. on Worth Avenue in Palm Beach, Florida — for $15.5 million in June. Now, just around five months later, he’s looking to flip it for a cool $24 million. 

The five- to six-bedroom penthouse at 415 Hibiscus Ave. isn’t even finished yet, though it does come with a rooftop terrace, a glass-enclosed room and an infinity-edge pool.

The private roof deck also includes lounge areas, a putting green, an outdoor bar, a dining area and a fire pit. Inside, there’s a lounge, a full bar, a billiard area and a gym. 

The interior also features large windows and doors capitalizing on Worth Avenue views — plus a main bedroom suite, a housekeeper’s room, three fireplaces and an elevator. 

Exterior of the Tiffany building.
The home sits atop the Tiffany & Co. building on Worth Avenue.
Daniel Petroni
Exterior of the pool area.
Poolside at the Palm Beach penthouse.
Daniel Petroni
The duplex is the largest condo in Palm Beach.
The duplex is the largest condo in Palm Beach.
Daniel Petroni
Aerial view of the building.
The penthouse is spoiled with gorgeous views of Worth and Hibiscus avenues.
Daniel Petroni

At 13,000 square feet — including 9,876 square feet of interior space alone — it’s the largest condo on Palm Beach, standing at the corner of Worth and Hibiscus avenues. It’s also the only penthouse in the world atop a Tiffany & Co. building, according to the brokers.

Built in 2021, the smart-wired home, created by Kean Development, is currently a blank slate ready to be built out and customized by a buyer. 

“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 terrace overlooking all of Worth Avenue,” broker Jill Eber, of Coldwell Banker Realty, told Gimme Shelter. “There’s nothing quite like it,” added Jill Hertzberg, also of Coldwell Banker Realty. Together they are known as “the Jills” — and are co-listing the penthouse with Douglas Elliman’s Chris Leavitt. 

Source link