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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 ...
The county gives Mar-a-Lago its current value for taxation of $37 million based on its annual net operating income as a club and not on its resale value as a home or its reconstruction cost.
Moens’ estimates of Mar-a-Lago’s value between 2011 and 2021 appeared to reflect the steady price escalation that has become a signature feature of Palm Beach real estate.
In 2022, Forbes estimated the value of the estate at around $350 million. [25] However, this valuation ignores the restrictions put on the property. In 1995 Trump "gave up the right to use Mar-a-Lago for any purpose other than as a social club" by agreeing to a "Deed of Conservation and Preservation".
ZCTAs or ZIP Code Tabulation Areas are the census equivalent of ZIP codes used for statistical purposes. The reason why regular ZIP codes are not used is because they are defined by routes rather than geographic boundaries. Thus, they have the tendency to overlap and otherwise create difficulties.
In a New York City courtroom Tuesday, powerhouse Palm Beach real estate broker Lawrence Moens reiterated his view that in 2021 former President Donald Trump’s Mar-a-Lago Club and its 17.5 ocean ...