Palm Beach Penthouse Is Listed for $40 Million Before It’s Even Built

A lavish 10,190-square-foot penthouse that occupies the entire floor of one of Florida‘s most luxurious condo buildings is set to make its debut on the market for the sky-high price of $39.7 million—two years before work on the property is due to be finished.

When it is completed, the penthouse will be perched atop the ultraluxurious Maison d’Or condo building in West Palm Beach, with groundbreaking estimated to start later this year; the building is slated for completion in the fourth quarter of 2028.

Spanning the entire 19th floor, the four-bedroom residence will boast breathtaking waterfront views, expansive indoor and outside areas for grand-scale entertaining, and spa-inspired bathrooms.

“I think what really sets the penthouse apart is the combination of scale, views, and the way the residence is designed to live,” says Ed Jahn, senior vice president of Florida-based real estate development and investment firm Kolter Urban.

“Because it occupies the entire 19th floor, you have a real sense of privacy and separation, while the 11-foot ceilings and floor-to-ceiling glass open the home up to the incredible surroundings. You have panoramic views across the Intracoastal, Atlantic Ocean, Palm Beach Island, and the West Palm Beach skyline, with both sunrise and sunset views, which is pretty remarkable.”

Renderings of the property shared exclusively with Realtor.com® reveal a glimpse into the extraordinary level of luxury residents can expect from the penthouse—and the building it will be located in, capturing the jaw-dropping views, incredible amenities, and attention to detail in terms of design.

Jahn says the team is excited to break ground, but they “want to be thoughtful about how we bring a project of this scale to West Palm Beach. It’s important to us that Maison d’Or feels like it belongs here and respects the character of the neighborhood, while still bringing something new and elevated to the market.”

Located along South Flagler Drive in a residential neighborhood known for its privacy, the tower will offer an intimate collection of less than 40 residences.

“Maison d’Or represents a shift toward a more boutique, design-driven approach to luxury residential development,” he says. “With just 39 residences, the project is intentionally intimate, allowing us to focus on privacy, quality, proportion and livability rather than scale.

“What really sets it apart is its setting within a quiet, residential enclave on South Flagler Drive. You have the waterfront and access to everything happening in West Palm Beach, but you’re still in a neighborhood that feels private, established, and very residential. That was important to us.

“Today’s luxury buyer is looking for more than just a beautiful residence; they want a true sense of home and a connection to the neighborhood they’re living in.”

Jahn believes West Palm Beach is in the midst of a significant transformation.

“Over the past several years, the city has attracted major financial and tech institutions, high-earning professionals, and a growing number of buyers relocating from the Northeast or West Coast,” he notes. “That has fundamentally expanded the depth and sophistication of the luxury buyer pool.”

With Palm Beach within easy walking distance, West Palm Beach has evolved over the years into a popular destination for world-class dining, culture, wellness, retail, and hospitality, offering the best of both worlds.

“We believe the market will continue moving toward higher-quality, more thoughtfully designed residential product, particularly as buyers look for newer construction that offers modern layouts, turnkey convenience and a strong sense of place,” Jahn says.

“For us, it was important that the penthouse feel like a home first and foremost. It has the scale and amenities you would expect at this level, but it’s also warm, highly livable, and connected to its surroundings. You have this incredible sense of privacy and space, but you’re still right on South Flagler Drive with everything West Palm Beach and Palm Beach have to offer.”

Jahn says he envisions the next owner to be “a very sophisticated, experience-driven buyer.”

“That could be someone relocating from New York or another Northeast market, buyers from California, Palm Beach buyers looking for a second home in South Florida, or a buyer who is downsizing from a larger estate but doesn’t want to compromise on quality or lifestyle,” he elaborates.

“What these buyers have in common is that they are looking for more than square footage. They value design, privacy, service, and convenience, and they want their home to support that.”

The penthouse will be designed to reflect how a high-net worth buyer lives and entertains.

Highlights include private dining and entertaining areas, a cocktail bar, wine tasting room, wellness and treatment spaces, an office, his-and-hers dressing rooms, a game room, butler’s pantry, and a staff suite.

“It’s really about creating a residence that feels both expansive and highly tailored to the way its owners want to live,” Jahn notes.

“That balance is increasingly important to today’s buyer. They want access to the energy and amenities of a growing city, but they also want privacy, tranquility, and a genuine sense of home when they return to their residence.”

Jahn believes the Maison d’Or building will feature a combination of both primary and secondary owner residences.

“West Palm Beach has become increasingly attractive as a primary residence because of the strength of the local economy, tax incentives, the influx of businesses and professionals, and the quality of life the city offers,” Jahn notes.

“At the same time, its accessibility and lifestyle make it a natural second-home market. That flexibility is part of what makes Maison d’Or compelling. It can serve equally well as a full-time residence or a sophisticated second home that owners can enjoy year-round.”