Property Goes Up for Sale Right Across from Trump, Investors FLOCK to Land a Spot Next to the Best President EVER

A mansion in Palm Beach, Florida, that’s owned by the Trump family just hit the market for $49 million, Bloomberg reported. The 10,455-square-foot home comes with a free membership to former President Donald Trump’s Mar-a-Lago Club, which is right across the street, according to the Palm Beach Daily News.

The Trump family beach house is up for sale

Known as Beachouse, the house was previously owned by Donald’s sister Maryanne, public records show. In 2018, Barry sold the home to an LLC managed by Trump’s sons Eric and Donald Jr. for $18.5 million.

The beachfront house has eight bedrooms, eight full bathrooms, an outdoor pool, and nearly 200 feet of ocean frontage, according to the listing, which is held by Lawrence Moens.

After buying it from their aunt, who had used it as a vacation home, the brothers renovated the home and upgraded the furniture, per the Palm Beach Daily News. In July 2018, they put it up for rent for $100,000 a month.

Guy Clark, a Douglas Elliman real-estate agent, told Bloomberg that whoever bought the home would most likely be pro-Trump.

“Because of its proximity and its lack of privacy, it would probably be a difficult thing to sell to someone who’s not a Trump supporter,” Clark said. “It’s great for a Trump supporter to own that house and have the accessibility to Trump and his world. For that type of person it’s the right house.”

The MAGA migration to Florida

After the end of Trump’s presidency in January, most of the family moved to Florida. Donald and his wife, Melania, took up residence in Mar-a-Lago mere hours before Joe Biden’s inauguration. The month prior, Trump’s daughter Ivanka Trump and her husband, Jared Kushner, dropped $32 million on a piece of land on a private island in Miami known as the Billionaire Bunker. In the meantime, they’re said to be renting a luxury condo nearby.

In January, the New York Post reported that Donald Jr. and his girlfriend, Kimberly Guilfoyle, were house-hunting in Jupiter, Florida, while Page Six reported that Tiffany was looking for property in Miami.

The Trumps aren’t the only ones to relocate to Florida during the pandemic. Palm Beach’s real-estate market is booming (another Palm Beach mansion on land once owned by Donald Trump recently went into contract for $140 million), and Wall Street and tech execs have been snapping up homes in Miami.

The post Property Goes Up for Sale Right Across from Trump, Investors FLOCK to Land a Spot Next to the Best President EVER appeared first on NEWS HOUR FIRST.

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Author: Ryan Michael


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