A $17.5 million penthouse is being built on top of a Tiffany store in Palm Beach, and it comes with its own pool and putting green

A penthouse will crown a Tiffany & Co. store in Palm Beach.

caption
A penthouse will crown a Tiffany & Co. store in Palm Beach.
source
Douglas Elliman

A $17.5 million penthouse is being built atop a Tiffany & Co. store on the corner of one of America’s most famous high-end shopping destinations, Worth Avenue in Palm Beach, Florida. It will be the only private residence in the building.

According to the Wall Street Journal, ultra-luxury residential developer Kean Development and its partners, Fortress Investment Group and Hyde Retail Partners, purchased the building for $20 million in 2018 and started the penthouse project.

Listed by Gary Pohrer and John Reynolds of Douglas Elliman, the 13,000-square-foot penthouse will feature five bedrooms, seven and a half bathrooms, maid’s quarters, three fireplaces, private elevator access from the ground floor, fully equipped indoor and outdoor entertaining spaces, and a rooftop with panoramic views of Worth Avenue.

Here’s a look inside.


The penthouse will be situated directly above the Tiffany & Co. store on Worth Avenue, an iconic address in the heart of Palm Beach, Florida.

A penthouse will crown a Tiffany & Co. store in Palm Beach.

source
Douglas Elliman

It will be the only private residence in the building.

source
Douglas Elliman

The 13,000-square-foot penthouse will have five bedrooms and seven and a half bathrooms, including a master suite.

source
Douglas Elliman

The penthouse has enormous windows and doors maximizing natural light and views of its distinct location.

source
Douglas Elliman

The rooftop will boast an infinity edge swimming pool, sunbathing areas, putting green, outdoor bar, dining area, fireplace, and exclusive panoramic views of Worth Avenue.

source
Douglas Elliman

For indoor entertaining, there will be a spacious lounge with a full bar, billiard area, and bathroom.

source
Douglas Elliman

The owner will enjoy private elevator access from the ground floor, with a custom-built lobby.

source
Douglas Elliman

Expected to be completed in the winter of 2021, the penthouse is on the market for $17.5 million.

source
Douglas Elliman