DC4MS

PALM BEACH, Fla. (AP) — The real estate market might be slumping, but not for Donald Trump, who sold his Palm Beach mansion for $100 million, his spokeswoman said Wednesday.

"In an age of so many people getting hurt in real estate, it shows that you can still do well in real estate," Trump told The Associated Press in a phone interview.

His spokeswoman says $100 million is the most ever paid for an estate in the U.S., though there is no way to verify that claim.

Russian fertilizer billionaire Dmitry Rybolovlev purchased the roughly 60,000 square-foot oceanfront home, which Trump fixed up after buying it for about $41 million in 2004.

He assigned renovations to "Apprentice" winner Kendra Todd, who dressed it up with marble and 24-karat gold fixtures, even in the bathrooms. The home, called Maison de L'Amitie, is spread over several buildings and includes separate coat closets and bathrooms for men and women off the main entryway for easy entertaining. A mammoth fountain greets guests from the front along with 475 feet of ocean in the back.

"I think it's a great sign for the area, a great sign for Palm Beach and all that Palm Beach represents," Trump said.

DC4MS

The buyer of 515 N. County Road is Russian billionaire Dmitry Rybolovlev, who made his money ruining the earth’s soil with fertilizer.

The transaction is said to be the largest real estate sale ever, which is a pity, because Manhattan’s wealthy have been trying so hard to unload homes that are a fraction of the size for sums larger than that.

Though the house sold for $95 million, down from the $125 million asking price, and Mr. Trump paid all closing costs and brokerage commissions, he is still calling it a $100 million sale. For extra obnoxious factor.

DC4MS

Here are some pictures

Shiny Shots | Palm Beach Daily News
<b>See it:</b> Pictures of Donald Trump's Palm Beach mansion -- South Florida Sun-Sentinel.com

Zillow.com only thinks the home is worth $35,221,000

515 N County Road, FL 33480 | Zillow Real Estate

3DH

...can't you just see the Donald sending someone from his staff down to the local tax authority to complain each year about the assessed value?

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pwrshift

I see the video is no longer available ... did the Donald pull some strings?

3DH

Maybe he sold the mansion in order to join a DC, and has been trolling this forum to get information on which one! In the process, he ran across this thread, saw the link to the video and was mortified we were all getting "inside" his home and had it removed. (Well, it COULD happen... not likely, but...! )

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DC4MS

They turned off the ability to link videos for that clip....strange....perhaps Donald is starting his own Destination Club.

Just copy the address and remove the spaces between (www) and (.youtube) and (.com)

Here is the link

www .youtube .com/watch?v=ffcueHZHI6Y

3DH

18 bedrooms and 22 bathrooms!!! WOW... now that's even extravogant for the Donald!

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pwrshift

And even though he's not an 'empty nester' that's a lot of space.

Wouldn't it be something if Trump did enter the DC market - we already know he's OK with selling condos to DC's -- maybe he sees what Marriott and Starwood haven't yet realized. Watch out, Mr. Case.