what is mara lago worth

The value of Mar-a-Lago, a resort and National Historic Landmark in Palm Beach, Florida, owned by Donald Trump, has been a topic of debate and controversy. In September 2023, Justice Arthur Engoron ruled that Mar-a-Lago was worth $18 million, which raised eyebrows among real estate insiders who believe that the property is worth much more. One prominent Palm Beach real estate broker, speaking on the condition of anonymity, told The Post, “It’s utterly delusional to think that property is only worth $18 million.” The insider added, “If that property were on the market today, I would list it at around $300 million, minimum … at least. He also has the separate golf course minutes away” . However, in September 2020, Trumps own company valued Mar-a-Lago at $27 million, which is much lower than what Trump and his family claim it is worth. Trump and his sons Eric and Don Jr. claim that Mar-a-Lago is worth more than $1 billion, although this claim has been disputed. In October 2023, Judge Engoron again rejected Trumps claims that Mar-a-Lago is worth $1 billion in favor of the much-lower valuation issued by local authorities. Therefore, the exact value of Mar-a-Lago remains a matter of debate and speculation.