Elon Musk Eyes $100M Palm Beach Penthouse

December 20, 2024

Elon 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.

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