Looks like this huge house just can’t make a deal.
Donald Trump’s oceanfront estate in Palm Beach, Florida, is once again looking for a tenant after years of trying to land a new resident.
The eight-bedroom, 11-bathroom giant is previously listed for $49 million, $59 million and for $208,000 per month over the years.
Now, as of this week, it’s asking $195,000 a month for its more than 10,000 square feet of space, unobstructed Atlantic views and access to 200 feet of water frontage, According to its Zillow listing,
The property borders the former president’s Mar-a-Lago Beach Club, which will be granted access to “approved occupants”.
Margit Brandt of Premier Estate Properties, who listed the mansion, wouldn’t elaborate for bloomberg about needing said approval — but notes that “this is the perfect home for someone who wants to try out Palm Beach.”
The two-story, Bermuda-style property was built in 1956 but has been thoroughly updated in the decades since.
It has a courtyard, a pool, an ocean-facing balcony, a sun room, a family room, and a library, among other amenities.
It has also been revealed in previous reports It features a stylized American flag painting, which is probably the only detail from its famous seller.
Trump’s sister Retired Federal Appeals Judge Maryann Trump Barry, 1125 South Ocean Blvd. bought. A record $11.5 million raised in 2004, before being sold for $18.25 million to The Donald and his family in 2018. The post reported earlier,
Trump’s eldest sons, Eric Trump and Donald Trump Jr., are listed as officers of that limited liability company.
Bloomberg reported last week that according to Trump’s financial disclosure filings, a requirement for his 2024 presidential bid, the property makes an annual profit of between $1 and $5 million and is worth more than $50 million.
This is a significant increase from its reported value in 2021, when Trump said the property was worth between $25 and $50 million and brought in $100,001 to $1 million.