Libbie Mugrabi brings custom condoms to Palm Beach party

Better late than never!

Socialite Libbie Mugrabi — who just launched an eponymous accessories line complete with condoms after her recent multimillion-dollar ­divorce — planned a dramatic entrance for a party in her honor in Palm Beach, Fla.

“She was supposed to arrive on a motorcycle,” a pal said. “But because she was an hour-and-a-half late getting from Miami,” she had to ditch the two-wheeled plan.

Once she made it to the dinner in her honor, hosted by designer Alvin Valley at a Palm Beach gallery, she handed out Libbie-branded condoms and hats from atop a sculpture of a hippo, we hear.

“She wore a gold Libbie vibrator around her neck . . . it looked like a long cigarette,” a source said, adding, “It was a rowdy night by staid Palm Beach standards . . . The hippo she straddled was viewable from the gallery window, and a crowd gathered to view the kooky festivities. Libbie then tried to give the condoms to people on the street.”

Mugrabi split from art-collecting scion David Mugrabi last year.