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Trumped On Palm Beach

by Anthony Longo on 17 May 2008
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Trump Palm Beach Mansion

“The Donald” finally sold his little investment fixer-upper on Palm Beach Island.

Mr. Trump which originally had listed the home for $125M recently lowered the price to $100M in which it ultimately sold.  It is a Palm Beach record, but not a U.S record.

Just think if the co-broke commission on this property was 3%, CondoDomain.com could have saved the buyer $2,995,000 (or we could have just fled the country with a $3M commission check) :) kidding!

The 80,000-square-foot property at 515 N. County Road sits on 6 acres and has 475 feet of unobstructed oceanfront, making the price per linear foot $210,526.

Donald Trump has a contract for $100 million to sell the Palm Beach estate he bought for $41.35 million in 2004.

Some of what the still-unnamed buyer gets for his money:

  • 6 acres
  • 475 feet of oceanfront
  • 62,000-square-foot home with nine bedrooms
  • Ballroom
  • Media room
  • Wine room
  • Art gallery
  • 4,100-square-foot conservatory
  • Two guest houses
  • 48-car garage
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    Source: Palm Beach Post via Blog South Florida



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