A beachfront Palm Beach home (see photos below) that President Trump’s LLC bought from his sister in 2018 is now up for sale for a cool $49 million. Trump’s sister Maryanne sold the over 10 thousand square foot house to the LLC for $18.5 million just two years ago, and now the price has skyrocketed. It’s a seller’s market in Florida, according to the Palm Beach Daily News:
Since the coronavirus pandemic began, would-be buyers have rushed to Palm Beach, real estate brokers say, in search of homes with outdoor spaces they can enjoy year-round as they weather the health crisis. They’ve also been drawn by Florida’s tax advantages, in general, and Palm Beach’s fine architecture, natural beauty, and tight security in particular.
TMZ reports the home is located just across the street from Mar a Lago (outlined in red below), and a membership to the exclusive club is included in the house’s selling price.
Aerial photo of Mar a Lago on the left and the Trump house on the right outlined in red:
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Photo credit: Palm Beach County Property Appraiser
Eric and Don Jr. had reportedly put money into the 8 bedroom house and had been renting it out for $100K a month.
Aerial photo of the home below:
Photos below show the view from the back and front of the home: