Elon Musk, the billionaire entrepreneur behind companies like Tesla and SpaceX, is said to be eyeing a stunning penthouse in West Palm Beach, Florida. The luxurious 19,000 square-foot penthouse, located at the Bristol on S. Flagler Dr., is listed at a jaw-dropping $100 million, which would shatter all previous real estate records in the area.
If Musk’s rumored purchase is completed it would mark a significant milestone in the transformation of West Palm Beach into a high-end luxury condo market. The city, long overshadowed by its affluent neighbor Palm Beach, has seen a surge in development in recent years, with a growing number of luxury high-rise buildings and thousands of new units in the pipeline. The Bristol, where the penthouse is located, kickstarted this condo momentum when beauty mogul Sydell Miller purchased a unit for $42.6 million in 2019. Since then, several new luxury developments have popped up in the area such as Related Ross’s South Flagler House and Two Roads Development’s Forte. With a mix of luxury rentals and condos, West Palm Beach is quickly becoming a desirable destination for the ultra-wealthy.