Companies tied to President Trump could pay nearly $1.5 million in property taxes in Palm Beach County this year, according to estimates from the county’s property appraiser.
In terms of market value, Mar-a-Lago was valued at $26.6 million, according to the Palm Beach Post. In all, 10 Trump properties were valued at nearly $80 million. That includes three houses next to Mar-a-Lago, the clubhouse at the Trump International Golf Club near West Palm Beach and all of the Trump National Golf Club in Jupiter.
In the town of Palm Beach, the six properties tied to Trump have a preliminary total market value of $53.84 million. Mar-a-Lago, at 1100 South Ocean Boulevard in Palm Beach, would be billed nearly $522,000 in taxes and assessments this year, up about $33,000 compared to last year, according to the county’s estimates.
In November, the county property appraiser and lawyers from Trump settled on the tax bill for the Jupiter golf course. The two parties agreed that the course had been overvalued between 2013 and 2016, and the county issued a refund.
[Palm Beach Post] – Katherine Kallergis