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The membership to Trump’s Mar-a-Lago club in Palm Beach, Florida has been bumped up to $200,000, doubling its usual initiation fee of $100,00.
Membership is limited to 500, of which only 313 can pass through the front gate each day for traffic reasons. ... Mar-a-Lago itself cost Trump $8 million, which he financed with an $8.5 million ...
For 20 years, that was Trump's Mar-a-Lago brand − grande dame of the Palm Beach social season. Trump's first presidential election win in 2016 ushered a change.
Trump then purchased land between Mar-a-Lago and the ocean from Jack C. Massey, the former owner of KFC, for $2 million, [25] stating he intended to build a home that would block Mar-a-Lago's beach view. This threat caused competing interest in Mar-a-Lago to decline. Trump purchased the property for $7 million in 1985.
Speaking at Mar-a-Lago on Friday evening, Trump blasted the decision and said he would appeal. He again claimed that the Mar-a-Lago valuation of $18 million was off by 50 to 100 times that amount ...
After purchasing Mar-a-Lago in 1985, Trump found the $3 million annual upkeep of the property too expensive. He, therefore, changed the designation of the property in 1993 from a residential home ...
Back in Palm Beach, the three Trump-controlled houses next door to Mar-a-Lago and the adjacent vacant parcel have a total taxable value of about $39.67 million and generated tax bills totaling ...
Residents who buy a home at Admirals Cove must buy a membership in the club, which costs $195,000 to join. ... Mar-a-Lago in Palm Beach, and Trump National Doral in Miami-Dade County.