A stunning Palm Beach estate is on the market for $18.25 million, reflecting the surge in luxury real estate since Trump’s election.
Palm Beach: The luxury real estate scene is booming, especially around Mar-a-Lago. Since Trump’s election win, high-end home sales have taken off.
Now, there’s a new listing for a mansion at 142 Via Palma, priced at $18.25 million. It’s just a quick drive or a short walk from Mar-a-Lago.
This estate is a prime example of the demand in what’s being called the “Presidential Security Zone.” It’s a hot spot for buyers looking to get in on the action.
Recent data shows that listings over $10 million in Palm Beach have jumped by 400% year-over-year. Sales volume has skyrocketed to nearly $291 million.
Last year, there were only three homes above that price under contract, but this year, that number has jumped to 15. The sales volume has also seen a huge increase.
The area has become a gated, resort-like enclave, making it even more desirable. This mansion is perfect for entertaining, with high ceilings and a huge fireplace.
It boasts four bedrooms, six baths, and over 7,600 square feet of space, plus beautiful gardens designed by a top landscape architect.
Margit Brandt from Premier Estate Properties is handling the listing. She’s also involved in several other big deals in this exclusive area.
Brandt mentioned that the Secret Service has blocked off several streets around Mar-a-Lago, creating a unique neighborhood that’s become a haven for the ultra-wealthy.
She has other listings nearby, including a $16.9 million property just a minute from Mar-a-Lago and a $45 million new construction right next door.
There’s a lot of interest from both Trump supporters and savvy investors. Brandt noted that the excitement among buyers is palpable.
People from all walks of life, including industry leaders and high-net-worth individuals, are flocking to Palm Beach. It’s like a scene from “Game of Thrones,” she said.
Even those not into politics are drawn to the area, thanks to its glamorous image and constant media attention.
Brandt added that the buzz around Palm Beach is creating a sense of momentum that’s hard to ignore.
