Business

Trump's Mar-a-Lago Valued at $300 Million by Real Estate Insiders

According to real estate insiders, Donald Trump's Mar-a-Lago Club resort in Palm Beach, Florida, is worth at least $300 million1. This valuation comes in response to a recent ruling by Judge Arthur Engoron, who found that Trump committed fraud by inflating the value of his wealth, including the monetary value associated with Mar-a-Lago1. Engoron evaluated the worth of Mar-a-Lago at $18 million, ruling that the property was inflated by 2,500%1.

The ruling has sent shockwaves through political and real estate circles, with many questioning the $18 million base value for the property1. Notably, Trump's claims, such as his triplex penthouse in Trump Tower being 30,000 square feet when it was closer to 11,000, were also described by Engoron as "fraudulent" given their significant discrepancies1.

To put the $18 million valuation in perspective, a 2-acre wooded lot at 1980 S. Ocean Blvd., just 5 minutes from Mar-a-Lago, is currently listed for $150 million1. The valuation of Mar-a-Lago by real estate insiders at $300 million is more in line with the property's luxurious amenities and prime location1.

Key facts from the story:

Donald Trump's Mar-a-Lago Club resort in Palm Beach, Florida, is worth at least $300 million, according to real estate insiders1.
Judge Arthur Engoron recently found that Trump committed fraud by inflating the value of his wealth, including the monetary value associated with Mar-a-Lago1.
Engoron evaluated the worth of Mar-a-Lago at $18 million, ruling that the property was inflated by 2,500%1.
The ruling has sent shockwaves through political and real estate circles, with many questioning the $18 million base value for the property1.
A 2-acre wooded lot at 1980 S. Ocean Blvd., just 5 minutes from Mar-a-Lago, is currently listed for $150 million, while the valuation of Mar-a-Lago by real estate insiders at $300 million is more in line with the property's luxurious amenities and prime location1.

Iran, the US, Israel, and Hamas: The Dangerous Game of Middle East Proxy Wars

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Is Costco Clothing Good Value for Money? Exploring the Quality and Cost of the Retailer's Affordable Clothing Options

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