Christopher Galvin, a scion of the family that founded Motorola, is listing his condo in West Palm Beach, Fla., for $29 million.
The five-bedroom, roughly 5,000-square-foot unit is located in the Bristol condominium, according to Pat McInerney of Brown Harris Stevens, who has the listing with colleague Sylvia James.
Galvin is the former chairman and CEO of Illinois-based Motorola, which was co-founded in the 1920s by his grandfather and later became known for its early mobile phones. His wife, interior designer Cindy Bardes Galvin, said the couple moved to Florida in 2018 from Illinois and purchased the Bristol home preconstruction, paying about $12.19 million. They lived nearby during construction and renovations, which were completed around 2021, she said. They spent about $10 million on renovations and furnishings for the apartment, which are included with the asking price.
The apartment has floor-to-ceiling windows and about 2,200-square-feet of balcony space with views of the Intracoastal Waterway, Palm Beach and the Atlantic Ocean, said McInerney.
Christopher and Cindy Bardes Galvin in 2022.
Britty Damgard“The light is hypnotic,” Cindy Galvin said. “It feels like you are on a boat.”
While most homes in the building have open floor plans, the Galvins designed their condo with two separate living rooms, a dining area, an office and a study, she said. They also customized the kitchen and combined two closets.
Another unit on the 22nd floor is listed for $23.9 million with Samantha Curry of Douglas Elliman. The two condos could potentially be purchased together and combined, Curry said.
Cindy Galvin said the couple is selling because they bought a nearby single-family home with a yard that is better suited to host their six grandchildren.
The Bristol has about 70 units with a pool, spa, concierge and fitness center. The most expensive sale in West Palm Beach to date is a $42.56 million transaction at the Bristol in 2019, according to McInerney.
Christopher Galvin left Motorola in the early 2000s. He is now a private-equity investor, his wife said.
Luxury condos in West Palm Beach sold for an average of about $1.69 million in the first quarter, up 27.5% from the same time last year, according to data from Elliman. The number of luxury condo sales dropped 29.5% during the same period.