Trump’s Palm Beach Mansion Sells for $100 Million
What The Donald wants, The Donald gets. Well, almost. Although it’s not the $125 million asking price that billionaire real estate titan Donald Trump wanted, he still executed a nice windfall on his Palm Beach property at 515 N. County Road, selling it for $100 million after purchasing it for $41.35 million in 2004 in a bankruptcy sale. We realize our Zestimate is a little on the low end, but it’s important to remember the Zestimate takes comparable sales data into consideration, and there really are very few homes this unique anywhere in the U.S., let alone recent sales of this caliber.
If you really have some time on your hands, listen to CNBC’s interview with Trump (the fastest, most colorful 15-minute interview in the land) as he talks about the Palm Beach sale, but mostly he goes off on OPEC, the oil companies, and the outrageous gas prices. Vintage Trump interview. Love it!
Update 6/23/08: The Wall Street Journal reports that a Russian fertilizer billionaire is the buyer of Donald’s mansion, called “Maison de l’Amitié.”