West Palm Beach Penthouse Listed for $39.7M Before Completion

A 10,190-square-foot penthouse occupying an entire floor of the Maison d'Or condo building in West Palm Beach has been listed for $39.7 million, with construction not slated for completion until the fourth quarter of 2028. This pre-completion offering provides a unique opportunity for buyers interested in ultra-luxury real estate in South Florida. The groundbreaking for the Maison d'Or building is anticipated to commence later this year, marking the initial phase of development for this high-end residential project. The penthouse itself will feature four bedrooms and is designed to offer expansive indoor and outdoor living spaces suitable for large-scale entertaining. Its design emphasizes privacy due to its full-floor occupancy, complemented by 11-foot ceilings and floor-to-ceiling glass windows that maximize panoramic views. These views encompass the Intracoastal Waterway, the Atlantic Ocean, Palm Beach Island, and the West Palm Beach skyline, providing both sunrise and sunset vistas. Ed Jahn, senior vice president at Kolter Urban, a Florida-based real estate development and investment firm, highlighted the penthouse's exceptional combination of scale, views, and living design. Kolter Urban is the developer behind the Maison d'Or project. Renderings of the property showcase a high level of luxury expected within the penthouse and the building. The Maison d'Or is positioned as an ultraluxurious condominium building, aiming to attract affluent buyers seeking premium residences in a desirable coastal location. West Palm Beach has seen significant growth in luxury real estate development, with projects like Maison d'Or contributing to the city's upscale market. The decision to list the penthouse two years in advance of its completion suggests strong market confidence and a strategy to secure a buyer for a unique, high-value property before it is physically ready. This approach is not uncommon in the luxury real estate sector, where off-plan sales can provide developers with crucial early funding and buyers with the chance to secure prime units. The pricing of $39.7 million places this penthouse among the most expensive residential properties currently available in the West Palm Beach area. The development of Maison d'Or is expected to contribute to the evolving urban landscape of West Palm Beach, adding to its profile as a destination for luxury living and tourism. The project's timeline, with groundbreaking this year and completion in late 2028, indicates a substantial development period typical for high-rise luxury condominium projects. The detailed specifications of the penthouse, including its size, number of bedrooms, and specific views, are designed to appeal to a discerning clientele. The emphasis on grand-scale entertaining and spa-inspired bathrooms further defines the luxury lifestyle associated with the property. The involvement of Kolter Urban, a firm with a track record in real estate development, lends credibility to the project's execution and quality. The exclusive renderings provided offer potential buyers a visual representation of the finished product, aiding in the pre-construction sales process. The market for ultra-luxury properties in South Florida remains robust, driven by demand from both domestic and international buyers seeking high-end residences in desirable locations.