Trump properties in Palm Beach County could get $1.5M tax bill

Mar-a-Lago would be billed nearly $522K

TRD MIAMI /
Aug.August 20, 2019 11:30 AM
President Donald Trump (Credit: Getty Images, Mar-A-Lago Club)

President Donald Trump (Credit: Getty Images, Mar-a-Lago Club)

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


Related Articles

arrow_forward_ios
135 El Vedado Road (Compass)

TF Cornerstone affiliate pays $12M for Palm Beach mansion

TF Cornerstone affiliate pays $12M for Palm Beach mansion
Doug and Karin Waggoner with the property at 137 Woodbridge Road (Credit: Google Maps and Southern Methodist University)

Former BlackRock exec pays $9M for Palm Beach house with Mar-a-Lago membership included

Former BlackRock exec pays $9M for Palm Beach house with Mar-a-Lago membership included
South Florida Resi Contracts Up in July (Credit: iStock)

South Florida resi contracts continued to rise in July

South Florida resi contracts continued to rise in July
350 Indian Road and (inset) Frank H. Kenan (Realtor, Kenan Institute)

Scion of Kenan family sells Palm Beach mansion for $8M

Scion of Kenan family sells Palm Beach mansion for $8M
113 Clarke Avenue, Peter J. Wood, Edwin Lin (Realtor.com)

Citadel hedge fund exec buys Palm Beach home for $10M

Citadel hedge fund exec buys Palm Beach home for $10M
Schuyler Tilney and 222 Ridgeview Drive (Linkedin, Sotheby's)

Got the power: Energy investor and former Enron exec pay $7M for Palm Beach house

Got the power: Energy investor and former Enron exec pay $7M for Palm Beach house
1744 South Ocean Boulevard (Credit: Google Maps and iStock)

Oceanfront Palm Beach estate trades for $51M

Oceanfront Palm Beach estate trades for $51M
Rendering of 259 Pendleton Ave. with Jonathan Fryd, Todd Glaser and Scott Robins (Glaser by Mary Beth Koeth)

Todd Glaser, partners buy Palm Beach lot to build spec home

Todd Glaser, partners buy Palm Beach lot to build spec home
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...