News | advice | area guide

Donald Trump Jr. and Eric Trump Reportedly Purchase Their Aunt’s Palm Beach Mansion

“The Art of the Deal” must run in the family. President Donald Trump’s sister Maryanne Trump Barry reportedly just sold her waterfront estate in Palm Beach for $18.5 million, according to the South Florida Business Journal. 

And keeping it all in the family, the buyers are her nephews. Siblings Donald Trump Jr. and Eric Trump are linked to the LLC (1125 South Ocean LLC) behind the home’s purchase.

We first reported the news that Barry had placed her beach house on the market last December. At the time, the inactive senior judge of the United States Court of Appeals for the Third Circuit was asking $23.9 million. So the president’s sons secured quite a nice price.

The property was purchased by Barry in 2004 for $11.5 million, which means the 81-year-old walks away pocketing a huge profit.

As it is, the Trump brothers have secured another piece of property close to the family compound. Barry’s former home offers 194 feet of ocean front and is adjacent to President Trump’s Mar-a-Lago. 

The 8,269-square-foot home has eight bedrooms, eight bathrooms, and three half-baths. Built in 1956, the interiors could use a cosmetic refresh.

The selling point is definitely the “rare, direct oceanfront,” as the listing description states. The walls of glass and outdoor access in most rooms take full advantage of the sandy locale. 

The beach house features an open entertaining space with a formal living room, sunroom, family room, and library. The outdoor space is the big draw, with an oceanfront balcony, patio, and pool.

Perhaps the spacious spread had just become too big for the president’s sister, who may prefer the Key Largo getaway she owns when she wants a winter escape.

Both the buyer and seller were represented by Christian Angle, with Christian Angle Real Estate.

The post Donald Trump Jr. and Eric Trump Reportedly Purchase Their Aunt’s Palm Beach Mansion appeared first on Real Estate News & Insights | realtor.com®.

Source: Real Estate News and Advice – realtor.com » Real Estate News