That very mediocre home should be no more than $500,000. $18M should be like Barbra Streisand's mansion. Absolutely ridiculous.
I blame Chicoms (who are using money from the Chicom government, btw) who buy up all types of property in wealthy areas and drive up the rents and property values. Another warfare method by the CCP in America.
"I believe that banking institutions are more dangerous to our liberties than standing armies," Jefferson wrote.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around(these banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."
Walking distance to beaches, marinas, ultra high end shopping, museums, parks, fine restaurants, art galleries. Year round sun and heat. No joggers. Responsive police. Nice landscaping everywhere. Trump’s your neighbor. Mansions everywhere…
Hindsight being 20/20, I should have stretched a bit 30 years ago (two incomes, no kids back then) to buy a waterfront lot as an investment.
I could sell that lot now for enough to build a very nice home inland (away from the hurricane evacuation and storm surge zones) and have a nice big chunk of change left over - even after paying taxes on the gain.
We just sold a few months ago (fuck NJ), moved to the country, and haven’t missed it one iota so far. I don’t know where these people are finding their money, but they paid cash.
I think ML sits on 20 acres. You could subdivide the larger parcel into 16-17 parcels with ML sitting on 3 acres. The other 17 acres would probably sell for $10 million each if they were water front. No way ML worth only $18 million. Would cost more than that to rebuild it after a fire or hurricane.
Here's a thought; Can neighbors to Mar A Lago sue the judge for lost value to their properties due to the low ball estimate? I think it's called a comp? Just spitballing here.
I think it is more likely that this decision will soon be overturned. It was a desperate attempt that they have to know will fail. Likely to try and control the new cycle.
There is not an investor on earth that wouldn't jump for joy at the chance to own Trumps property for that steal of a deal. That's how you know the price is too low
He could put it up for auction with a $1 trillion hidden reserve and one, prove the judge wrong, and two, possibly hit the reserve figure and have to move!
My dream home would be oceanfront in SC. Out of curiosity I looked at some listings and figured they would be 4 or 5 million. Most were around 1.5 million and looked way better than this.
lol Palm Beach is basically a garrisoned castle, the only migrants are the workers and they must be off the island at 530 or you will be followed all the way over the bridge
This whole situation is so idiotic it hurts. How any judge can issue such a bold face stupid valuation is beyond me. Did he hire independent appraisers? Did he review market conditions? Did he inquire the banks underwriters at all?!! Everything is fake and gay
Assessor said it was nearly 27, trump argued that it was only 18 million but when he spliced for loans he inflated the price car above what the asses price was
Palm Beach, Jupiter Island, Martha’s Vineyard, the Hamptons, Aspen, Vail, ANYWHERE IN CALIFORNIA OR NYC…. Loads in places in our country where the millionaires spend huge bucks to have homes. Why is this even getting any attention??
you won the internet today bro
That very mediocre home should be no more than $500,000. $18M should be like Barbra Streisand's mansion. Absolutely ridiculous.
I blame Chicoms (who are using money from the Chicom government, btw) who buy up all types of property in wealthy areas and drive up the rents and property values. Another warfare method by the CCP in America.
Priced out of our own country by foreigners and corrupt politicians.. just as the founding fathers intended
"I believe that banking institutions are more dangerous to our liberties than standing armies," Jefferson wrote.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around(these banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."
I see Bill Mitchell is here downvoting.
You mean banks that are controlled by the government?
I tend to believe that he was talking about the 'bankers guild' in particular.
I see what you did there.
You've noticed.
The Fed Reserve is a private bank and it controls our government. You have it backwards.
Incorrect. It was created by an Act of Congress and the Board of Governors is appointed by the President.
Palm Beach island is one of the most desirable zip codes in the whole world.
But why
Walking distance to beaches, marinas, ultra high end shopping, museums, parks, fine restaurants, art galleries. Year round sun and heat. No joggers. Responsive police. Nice landscaping everywhere. Trump’s your neighbor. Mansions everywhere…
You have access to all that pretty much throughout south Florida though
Well except for trump being your neighbor
Now that you mention it, sounds like a bargain
I'm sold
and no joggers i said
They’re around…riviera beach (there is no riviera there btw)
Lot's of docking space.
This isn't the Obamas bedroom man. Come on.
Probably $17.5 million of that value is the lot.
Welcome to shore real estate
Oh, yeah.
Hindsight being 20/20, I should have stretched a bit 30 years ago (two incomes, no kids back then) to buy a waterfront lot as an investment.
I could sell that lot now for enough to build a very nice home inland (away from the hurricane evacuation and storm surge zones) and have a nice big chunk of change left over - even after paying taxes on the gain.
Oh, well!
We just sold a few months ago (fuck NJ), moved to the country, and haven’t missed it one iota so far. I don’t know where these people are finding their money, but they paid cash.
A million bucks buys a lot of home in most of the US - what most consider a mansion. That house is like a nice pool house
4 bedrooms. 5 bathrooms. 3600sq ft.
Bigger than mine
That's what barry said to mike.
For 18 million it's small. My house has 2 less bathrooms, one less bedroom, and half the square footage. But we only paid $200k for it, 8 years ago.
3600 ft^2 is bigger than most homes by sizeable margin. Still overpriced.
Reported for child molestation.
It's the land you goof.
Location location location
33 trillion in deficit spending has to go somewhere.
Can you say: Asset Bubble?
It's Palm Beach.
No way it’s 18 million. That price is even more insane than most houses in good neighborhoods of California.
Yea, but that one also has reliable water and electricity.
https://i.imgflip.com/80olf9.jpg
I think ML sits on 20 acres. You could subdivide the larger parcel into 16-17 parcels with ML sitting on 3 acres. The other 17 acres would probably sell for $10 million each if they were water front. No way ML worth only $18 million. Would cost more than that to rebuild it after a fire or hurricane.
it was valued at $20M when he bought the place in 1985
since then he bought more adjacent land and renovated the place
only an absolute retard, or a democrat, would believe it didn't raise in value
That is one building over at Mar A Lago! I know because I waive flags on the bridge that goes over the Intercoastal to Trumps house.
NY judge should lose his position and license for obvious lawfare and election interference.
And then they need to go to prison, for conspiracy to interfere with a federal election. This is criminal what they are doing!
Here's a thought; Can neighbors to Mar A Lago sue the judge for lost value to their properties due to the low ball estimate? I think it's called a comp? Just spitballing here.
Seems reasonable to me.
I think it is more likely that this decision will soon be overturned. It was a desperate attempt that they have to know will fail. Likely to try and control the new cycle.
They need to go to prison for conspiracy to deprive Trump of his rights.
And pedophilia.
Judges preside over their own. It is almost impossible to lose your license as a lawyer or a judge.
Guy I went to school with kept his license while doing time.
The system is a joke.
Only Trump's lawyers lose their license
Not even that.
The only one who came close was Lin Wood and he gave it up voluntarily.
Chances are even Lin would have kept it.
It is almost impossible to lose your license.
Treason is a hangable offense.
Always has been
Thank you for your service.
*intracoastal
God bless you and your effort.
Australian is downtown by Worth Ave, but close tho
this is about $5,100/sf
if anyone is counting.
Lol thats insane
so like NYC apartment prices
Haha get fucked, I have 10 acres, 2800 Sq ft, a pool and two nice outbuildings in TN and I have about $300k invested in it.
Do you have garbage pickup or can you get a pizza delivered?
You can burn trash, and 10 acres is plenty of land to grow your own pizza.
No joggers around either. Takes hard work to live off the land.
Is that really worth $18.2M?
No. https://www.realtor.com/realestateandhomes-detail/449-Australian-Ave_Palm-Beach_FL_33480_M67967-08119 Correction, Zillow has it listed for sale. https://www.zillow.com/homes/449-Australian-Ave,-Palm-Beach,-FL-33480_rb/46845296_zpid/
I'm really asking.
I don't have those things but the peace and quite is totally worth it.
That always seems to be the divider. I bet it's amazing tho.
Yes, and fiber internet too.
EPB by chance?
This is no joke. It's insanity.
It is a joke actually, post is fake.
You have obviously never been to Florida.
Oh shit it is actually real wtf, who would pay 18M to live in Florida
People who have been to Florida and who are not programmed to be liberal.
NO. https://www.realtor.com/realestateandhomes-detail/449-Australian-Ave_Palm-Beach_FL_33480_M67967-08119
I stand corrected. Zillow has it listed for sale. https://www.zillow.com/homes/449-Australian-Ave,-Palm-Beach,-FL-33480_rb/46845296_zpid/
Off Market
Estimated home value*
Can you read? lol
There is not an investor on earth that wouldn't jump for joy at the chance to own Trumps property for that steal of a deal. That's how you know the price is too low
Can you imagine the income statement for that property alone? I bet there is 10MM annually in expenses.
He could put it up for auction with a $1 trillion hidden reserve and one, prove the judge wrong, and two, possibly hit the reserve figure and have to move!
It's $500k for the house, and $18 million to keep the riff-raff away.
Not living around joggers is expensive, OP
Bingo
Great, when can I move in? 🏠 🚚💨
Too late, Zelensky already bought it.
Unworthy of Melania.
My dream home would be oceanfront in SC. Out of curiosity I looked at some listings and figured they would be 4 or 5 million. Most were around 1.5 million and looked way better than this.
Would be mine too, too bad job opportunities aren’t that great in SC. It’s mostly where old people retire to…
SC coast rules.
But you won’t be Trump’s neighbor.
Property Link?
Found it: https://www.compass.com/listing/449-australian-avenue-palm-beach-fl-33480/1302096471893111465/
Property taxes 98k per year. That is what should be on trial.
Can someone explain to me how a New York Judge can make a determination as to the worth of a piece of property in Florida?
Judges can be corrupt and even break the law and rule unjustly without punishment.
The property literally right next to Mar a Lago with bach access on only one side that is <2 acres is worth $59M.
Anybody who believes what this judge is saying is embarrassingly stupid.
Will soon be occupied by illegal invaders.
lol Palm Beach is basically a garrisoned castle, the only migrants are the workers and they must be off the island at 530 or you will be followed all the way over the bridge
youhavetogoback.gif
Wow! Who would buy this when you could get a sprawling high end mansion with a world class golf course for the same price?!?
I'll take two.
Looking at Zillow - zestimate of $25M.
The tiny, land locked property next door? zestimate of $30M. The waterfront on west side? 56.8M.
Fuckery afoot, IYAM.
17.5 acres. Tiny property estimated at $30M? 0.72 acres.
If you simply tore the place down and built homes, you could easily get 18 properties. That's $540M. Extra for water front.
Florida's a nice place to visit but I wouldn't want to live there
Meh, they're ASKING for 18 million. Doesn't mean they'll get it.
The cool part about Palm Beach is that the houses have tunnels that go under Ocean Blvd, to the private beaches owned by the houses on the other side
wow, a cheap house!
cries in canadian
This whole situation is so idiotic it hurts. How any judge can issue such a bold face stupid valuation is beyond me. Did he hire independent appraisers? Did he review market conditions? Did he inquire the banks underwriters at all?!! Everything is fake and gay
F T S
My uncle leaves in Palm Beach in a VERY small home 3 blocks from the beach and it's $4 million
High rent neighborhood.
You can buy waterfront homes all over the south for nothing
What makes this area desirable?
I dont know much about southern real estate
You're really buying into a well connected neighborhood and top class shopping. It's an absolutely stunning, immaculate area and the nicest people.
Is this Mar A Lago?
They blame Trump when the assessor say it’s $18mm??
Assessor said it was nearly 27, trump argued that it was only 18 million but when he spliced for loans he inflated the price car above what the asses price was
So he valued it at what he could sell it for?
$127,000 a month seems pretty reasonable.
Same with coastal CA
It’s a nice house in a nice location but 18 mil is fucking insane
Lame; was expecting a Mar A Lago tour.
Modest but nice, great location!
Palm Beach, Jupiter Island, Martha’s Vineyard, the Hamptons, Aspen, Vail, ANYWHERE IN CALIFORNIA OR NYC…. Loads in places in our country where the millionaires spend huge bucks to have homes. Why is this even getting any attention??
the judge was using the numbers from 2011.
$127,755 a month, lol!