Trumped On Palm Beach

“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

 

Source: Palm Beach Post via Blog South Florida

Tags →
A Real Estate Blog by
A Real Estate Blog by CondoDomain