search

The Real Deal Logo

Trending

H-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomBanks settle with SF landlords rather than own vacant officesBanks settle with SF landlords rather than own vacant officesSL Green, Vornado kick in $100M to extend 280 Park loanSL Green, Vornado kick in $100M to extend 280 Park loanLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421a
Residential
South Florida

Trump lists beachfront mansion next to Mar-a-Lago for $49M

Former president listed the property as an asset in a financial disclosure form

Donald Trump with sons Don Jr. and Eric and 1125 South Ocean Boulevard (Getty, Google Maps/Illustration by Alexis Manrodt for The Real Deal)
Donald Trump with sons Don Jr. and Eric and 1125 South Ocean Boulevard (Getty, Google Maps/Illustration by Alexis Manrodt for The Real Deal)

Former President Donald Trump is looking to sell a beachfront mansion across the street from his Mar-a-Lago resort for $49 million.

The property previously belonged to his sister, Maryanne Trump Barry, a retired federal judge. She sold the eight-bedroom, 8,270-square-foot mansion at 1125 South Ocean Boulevard in 2018 to a company controlled by Donald Trump Jr. and Eric Trump for $18.5 million.

The former president later listed the property as an asset in financial disclosure statements, according to the Palm Beach Daily News, which first reported the listing.

Barry, 81, is a former judge of the United States Court of Appeals for the Third Circuit. In 2004, she paid $11.5 million for the Palm Beach home, which was built in 1956.

Read more

Sign Up for the undefined Newsletter

Lawrence Moens of Lawrence A. Moens Associates has the new listing. The two-story beach house comes with a membership to Mar-a-Lago. It was built in 1956 on a nearly half-acre lot.

Trump International Realty listed the home for rent in 2018, asking $100,000 a month, according to the Palm Beach Daily News. It features a pool, library and balcony overlooking the ocean.

Luxury home sales in Palm Beach have soared since the summer. Last month, private equity titan Scott Shleifer paid more than $120 million for an oceanfront mansion in Palm Beach, setting a record for residential sales in Florida and marking one of the most expensive home sales in the U.S.

Moens, a top broker in Palm Beach, represented the seller in that deal. That property was also once part of a larger estate that Donald Trump owned.

Beauty mogul Sydell Miller recently sold a vacant 1.7-acre lot at 1440 South Ocean Boulevard in Palm Beach for $42 million.

[Palm Beach Daily News] — Katherine Kallergis 

Tags
Donald TrumpEric TrumpMar-a-lagoPalm Beach