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riversedge

(70,186 posts)
Sun May 20, 2018, 01:25 AM May 2018

Trump's real estate firm snaps up mansion next to Mar-a-Lago by buying waterfront Palm Beach home f

Seems business is good for the Trumpers!!



Eric Trump Verified account @EricTrump
May 17

This will be an amazing addition to Mar-a-Lago!







http://www.dailymail.co.uk/news/article-5742845/Trumps-real-estate-firm-buys-mansion-Mar-Lago-presidents-sister-18-5-million.html

EXCLUSIVE: Trump's real estate firm snaps up mansion next to Mar-a-Lago by buying waterfront Palm Beach home from president's sister for $18.5 million – after negotiating a $5.4 million discount


Trump Organization has closed on $18.5 million purchase of a Palm beach mansion adjacent to Mar-a-Lago
Beachfront home belonged to Maryanne Trump Barry, the president's sister, who listed it for $23.9 million
The 81-year-old widow is a senior federal appeals judge nominated by Ronald Reagan and then promoted by Bill Clinton
8,270 square feet of space, 8 bedrooms, 9-1/2 bathrooms and a swimming pool

Company source says its purpose is still to be determined and could become an amenity rented to a prominent Mar-a-Lago member

By David Martosko, Us Political Editor For Dailymail.com

Published: 19:40 EDT, 17 May 2018 | Updated: 11:35 EDT, 18 May 2018



Donald Trump's family real estate business has added a second Palm Beach mansion to its holdings, spending $18.5 million on a beachfront house owned by the president's older sister.

The manse is across the street from Mar-a-Lago – and even closer to the ocean.

A source close to the Trump Organization confirmed the purchase and said the home was listed for $23.9 million: Eric Trump and Donald Trump Jr. got it from their aunt, Maryanne Trump Barry, at a $5.4 million discount.

The manor features eight bedrooms, 9.5 baths and nearly 200 feet of beachfront.
This beachfront mansion on South Ocean Boulevard in Palm Beach, Florida is the newest jewel in the Trump Organization's real estate crown
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This beachfront mansion on South Ocean Boulevard in Palm Beach, Florida is the newest jewel in the Trump Organization's real estate crown







The president's family business bought the house for $18.5 million from Maryanne Trump Barry, his elder sister
The house (upper right, marked by a red map pin), abuts one corner of the Mar-a-Lago estate (left), which Donald Trump uses as the 'Winter White House'
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The house (upper right, marked by a red map pin), abuts one corner of the Mar-a-Lago estate (left), which Donald Trump uses as the 'Winter White House'
If swimming in the ocean is too pedestrian for whoever stays at the house, it boasts a private pool under the shave of palm trees
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If swimming in the ocean is too pedestrian for whoever stays at the house, it boasts a private pool under the shave of palm trees

Only a few dozen houses in Palm Beach are actually on the water. The property at 1125 South Ocean Boulevard also hugs the perimeter of the Trump family's private club, making it a quasi-extension of the sprawling resort.

That means the Trump empire's new digs are close enough to where the president lays his head on many winter weekends to smell the Secret Service agents' aftershave.


It's not clear what the property will be used for, however. a Trump Organization source said it could become an exclusive Mar-a-Lago amenity, rented out to a prominent club member. ..............................................

Read more: http://www.dailymail.co.uk/news/article-5742845/Trumps-real-estate-firm-buys-mansion-Mar-Lago-presidents-sister-18-5-million.html#ixzz5G14he2U2
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notdarkyet

(2,226 posts)
1. That looks close enough to the ocean to drown in a couple years. Too many people throwing rocks in
Sun May 20, 2018, 01:32 AM
May 2018

The water.

salin

(48,955 posts)
7. So how much has the Gvt paid to Trump Inc for Golf/fees and stays at Trump Resorts?
Sun May 20, 2018, 08:11 AM
May 2018

So far into his presidency? Wondering if it isn't getting close to this amount.

Frustratedlady

(16,254 posts)
9. Don't worry, Donnie...we're gonna come take that away one of these days.
Sun May 20, 2018, 09:41 AM
May 2018

We can do that, I believe. Confiscate all assets.

Enjoy while you can.

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