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In 1985, Donald Trump, primarily a businessman and real estate investor at the time, acquired Mar-a-Lago and used it as a residence. In 1994, he converted it into the Mar-a-Lago Club, a members-only club with guest rooms, a spa, and other hotel-style amenities. The Trump family maintains private quarters in a closed-off area on the grounds. [9]
Trump, on the other hand, has variously claimed Mar-a-Lago is worth a minimum of $420 million and maybe as much as $1.5 billion. One seasoned real estate agent in Palm Beach has told the Palm ...
Since September 2019, Trump's resort and residence Mar-a-Lago has served as the primary residence for Donald and Melania Trump. [3] [2] The legality of this has been disputed because, in 1993, Trump signed a "use agreement" with the Town of Palm Beach, Florida, that changed Mar-a-Lago's designation from a single-family residence to a private ...
Famous examples include Donald Trump's Mar-a-Lago resort in Palm Beach, Florida, as well as George W. Bush's Prairie Chapel Ranch in Crawford, Texas; Lyndon B. Johnson, Richard Nixon and Ronald Reagan have also used the term for their private residences (Nixon and Reagan in California, Johnson in Texas). [15] [16] [17]
On the upside, Florida’s number of homes for sale in October 2024 rose 21% from the prior year, to 189,221, according to Redfin. On the downside, the number of newly listed homes fell about 15% ...
The mansion was listed for sale on Redfin at $5.3 million in 2014 before it went off the market. After leaving the White House, President Donald Trump flew to Mar-a-Lago, his private club in Palm ...