A Mediterranean-revival villa with arched loggias, carved stone columns, a barrel-tiled roof, and a lantern-lit ornamental facade.

A Mediterranean-Revival Villa in Palm Beach's Estate Section Lists for $12M

At a glance

Bedrooms
6
Bathrooms
7
Interior
8,200 sq ft
Lot
0.6 acres
Year Built
2014

Arched loggias, carved stone columns, and a barrel-tiled roof frame a lantern-lit entry court, with ornate plasterwork and wrought-iron balconies.

Franklin Street holds one of the most intact runs of cast-iron architecture in Tribeca, and this building — completed in 1884 as a dry-goods warehouse — is among its more composed. The conversion left the structure legible: the full-floor penthouse still reads as a single industrial volume, its original cast-iron columns marching down the length of the plan, its ceilings held at nearly twelve feet.

A Mediterranean-revival villa with arched loggias and a tiled roof.
Photoshoot: David McElwee

The renovation was restrained where it mattered. Columns and beams were stripped and left exposed; the arched window openings retained their proportions; the floors are reclaimed heart pine. Against that industrial frame, the kitchen and baths are quiet and modern — honed marble, unlacquered brass, integrated appliances — so the architecture, not the finishes, carries the room.

A Mediterranean-revival villa with arched loggias and a tiled roof.
Photoshoot: David McElwee

The Terrace

A landscaped terrace of roughly 1,200 square feet wraps two sides of the penthouse, planted and irrigated, with an outdoor kitchen and room to dine well above the street. In a neighborhood where private outdoor space of this scale is genuinely rare, it functions as a second set of rooms for much of the year.

A Mediterranean-revival villa with arched loggias and a tiled roof.
Photoshoot: David McElwee

The interior holds three bedrooms, the primary suite carved from a corner with its own dressing room and a bath in book-matched stone. A keyed elevator opens directly into the residence. Storage, a laundry room, and a discreet home office are folded into the plan without breaking the loft's essential openness.

A Mediterranean-revival villa with arched loggias and a tiled roof.
Photoshoot: David McElwee

Tribeca has become the most consistently expensive residential neighborhood in Manhattan, and full-floor lofts in its landmarked cast-iron blocks rarely trade. The penthouse is offered at $12,000,000 through the listing agent.

A Mediterranean-revival villa with arched loggias and a tiled roof.
Photoshoot: David McElwee