[2] The Palm Beach was first presented to the public at the Geneva Motor Show in March 1975.

The exterior featured copper-coloured paint while the interior was finished in cream-coloured leather.

[3] This was however inaccurate as the Palm Beach was directly based on the four-years older High Speed 375 C. The Palm Beach was the second convertible model built by Monteverdi on a High Speed chassis.

On the exterior the Palm Beach took on the design cues of the Berlinetta, especially its low front end with the striking narrow radiator grille and the twin square headlamps, while the tail lights were sourced from a Triumph TR6.

This included a conventional 440 cu in (7.2 L) V8 engine from Chrysler, also found in the volume model High Speed 375 L, instead of the 7.0 L Hemi used in the Berlinetta.