Elon Musk Eyes $100M Palm Beach Penthouse
December 20, 2024Elon Musk, the billionaire behind Tesla and SpaceX, is reportedly considering a move to Florida’s luxury real estate market. After relocating from California to Texas, Musk has spent increasing time at Mar-a-Lago in Palm Beach. This aligns with his involvement in President-elect Donald Trump’s “Department of Government Efficiency.”
Elon Musk Potential Palm Beach Penthouse Purchase
Rumors suggest Elon Musk may purchase a 19,000-square-foot penthouse at The Bristol in Palm Beach. The luxury residence, previously owned by beauty mogul Sydell Miller, is valued at $100 million. The property consists of two combined apartments and features:
- Waterfront views and lush landscaping
- Resort-style amenities, including a spa, fitness center, and pool
- Concierge services and proximity to Worth Avenue’s designer boutiques
If Musk proceeds with the purchase, it could break Palm Beach real estate records.
A Shift from Minimalist Living?
Musk is known for headline-making real estate deals. In recent years, he sold most of his California properties and adopted a minimalist lifestyle. Currently, he resides in a modest home near SpaceX headquarters in Starbase, Texas.
A move to Palm Beach would mark a significant lifestyle shift, adding a luxurious waterfront estate to his portfolio.
Palm Beach’s Elite Real Estate Market
The Bristol Palm Beach is among the most exclusive condominiums in Florida. A potential Musk purchase would place him among high-profile residents drawn to Palm Beach’s luxury real estate sector.
For more details, visit The Bristol Palm Beach or explore luxury real estate at BRG International.