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

    first_imgDonald 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.ADVERTISEMENTRead moreTrump argues to live in Mar-a-Lago — as an employeeIn the rough: Trump’s golf clubs and resorts have lost $315MManhattan DA narrows focus on Trump Org CFO 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 Contact Katherine Kallergis Email Address* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Full Name* Message* Share via Shortlink Tags Donald TrumpEric Trumpmar-a-lagoPalm Beachlast_img read more