An eight-bedroom, 10,455-square-foot Palm Beach mansion just hit the market. Asking price $ 49 million. Seller? One company registered two of Donald Trump’s elder sons.
Built in the “West Indies” style in 1956, the mansion sits on a 194-foot beachfront property.
In 2004, Donald’s sister, Judge Mary Trump Barry, bought the property in 2004 for $ 11.5 million. In May 2018 it transferred the deed to a Delaware-based LLC named “1125 South Ocean LLC” for an undisclosed sum. Eric Trump and Don Jr. are listed as executives of the LLC. Eric is the President, Don Jr. is the Vice President.
The Palm Beach Daily News also reports that the home has approximately $ 11.25 million in mortgages.
Not sure if this is just a strange coincidence, but note that the mortgage amount, $ 11.25 million, perfectly matches the home’s street address, 1125 South Ocean. I wonder if Eric and Don didn’t list the house for $ 45 million, there is talk of Donald becoming the 45th president … but again they would have an additional $ 4 million.
In recent years when members of the Trump family have not lived in the mansion, it has been used as a rental, with a reported $ 100,000 per month.
As you will see in the video below, the property is across the street from Trump’s famous Mar-a-Lago club.
In addition to the incredible ocean views and lush green fields, the owner of the 1124 South Ocean also gets a full membership of Mar-a-Lago including golf privileges at Trump’s nearest golf course.
Whoever buys the house, I’m almost certain it won’t be a super rich Hollywood liberal