…Dolores Chang’s article for London’s Daily Mail might be of interest.
Here is how it starts:
A brand-new Palm Beach mansion has hit the market for $45 million, offering the buyer the opportunity to become a close neighbor of Donald Trump and receive a deeded membership to the former president’s exclusive club.
Located at 1090 South Ocean Boulevard, this impressive 13,000-square-foot property features six bedrooms and eight and a half bathrooms.
The three-story residence sits on approximately half an acre of land, boasting stunning oceanfront views and private beach access.
Additional amenities of the house include a gym, sauna, steam room, spa, walk-in wine cellar, jacuzzi and lap pool, according to the listing agency Premier Estate Properties, Inc./Luxury Portfolio International.
Most intriguingly, the owner will enjoy a complimentary membership to former President Trump’s private club, Mar-a-Lago, located just a two-minute walk from the mansion.
Ok, there’s what $45 million dollars will buy you for a mansion, on 13,000 square feet (less than 1/3 of an acre), which essentially is next-door to Mar-A-Lago.
Now, how does Mar-a-Lago stack up comparatively?
A (Trump-hating) Associated Press article published last October 9th just might provide the answer:
How much is Donald Trump’s Mar-a-Lago worth? That’s been a point of contention after a New York judge ruled that the former president exaggerated the Florida property’s value when he said it’s worth at least $420 million and perhaps $1.5 billion.
WHAT IS MAR-A-LAGO?
The 126-room, 62,500-square-foot (5,810-square-meter) mansion is Trump’s primary home. It is also a club, private beach resort, historical artifact and banquet hall with a ballroom that features gold leaf…
Built in 1927 by cereal heiress Marjorie Merriweather Post and her second husband, financier E.F. Hutton, she gave the property its name — Spanish for “sea-to-lake” — because its 17 acres (7 hectares) stretch from the Atlantic Ocean to the Intracoastal Waterway.
Hmmmm, let’s think about this.
-For starters, the mansion – NOT the property but the mansion alone – is almost five times as large as the entire $45 million dollar property.
-Then there is the fact that, apart from the residence, it is also a beach resort and banquet hall.
-This, of course, is before we get to the fact that Mar-a-Lago sits on 17 acres – about 57 times as much property as the $45 million dollar mansion – and it extends all the way from the ocean to the intercoastal.
Trump claimed Mar-a-lago was worth somewhere between $420 million and $1.5 billion.
Think he just might have a point?
