A Palm Beach tower long owned by the heiress to an American coal mining fortune has gone on the market for $38 million, including several residential units, commercial space and a two-car garage.
Key data
The six-story building near Worth Avenue, surrounded by lower structures, was owned for more than 50 years by Mimi Galloway Duncan, whose grandfather founded the Galloway Coal Mining Company.
The sale includes a two-story penthouse, three separate apartments, ground-floor retail space and garage in the Via Parigi district in downtown Palm Beach, known for its boutique retail offerings.
The penthouse, where Galloway Duncan lived, has three bedrooms, three bathrooms, several fireplaces, a study and two balconies overlooking a golf course and the coast.
The first apartment has three bedrooms and two bathrooms; the second has a bedroom with two full bathrooms and a study; and the third apartment includes a bedroom, a bathroom and a large living room and dining room.
The building was designed by Addison Mizner, a famous 1920s architect best known for his Neo-Mediterranean and Spanish Neo-Colonial style that “transformed the South Florida landscape.”
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Key background
Mimi Galloway Duncan died in April at age 103. She was known for her lavish lifestyle in Palm Beach, which included 54 years as a member of the exclusive Everglades Club, which also counted heiress Eliza Osgood Vanderbilt Webb and boxer Jack Massey among its members. On his father’s side, his grandfather, Colonel Robert Galloway, founded the Galloway Coal Mining Company and the Memphis Zoo. His maternal grandfather, CPJ Mooney, was editor of the Commercial Appeal newspaper, which won a Pulitzer Prize for his editorial activism against the Ku Klux Klan. She wrote the “Penelope’s Peeps” column in the Commercial Appeal, described as “a decidedly polite but lively society news section.” She owned an extensive art collection and was an avid opera singer and tennis player. He once had lunch at Windsor Castle with Queen Elizabeth, according to the Palm Beach Daily News.
Surprising fact
Colonel Robert Galloway built the 12,000-square-foot mansion known as Paisley Hall near the Memphis Zoo in 1910. Elvis is said to have considered purchasing the house before settling in Graceland. It is currently registered in the National Register of Historic Places.
This article was originally published by Forbes US
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