Las Vegas” Phil Maloof’s Palms Place penthouse sells for more than $12M Eli Segall, Las Vegas Review-Journal · November 8, 2019 at 3:23 pm Five years after trying to sell his Palms Place penthouse for almost $40 million, Phil Maloof has found a buyer — though at a much lower price. TurnKey Pads, a vacation-property company, has purchased the 59th-floor party pad west of the Strip for nearly $12.5 million. The sale closed Wednesday, property records show. The penthouse, in the condo tower next to the Palms hotel-casino, was listed for $15 million. It occupies the entire top floor of the building at 4381 W. Flamingo Road and boasts 6,230 square feet of living space, 30-foot floor-to-ceiling windows, an indoor DJ booth, an outdoor hot tub, movie screen and bar and panoramic views of the valley, including the Strip.