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Realtor.com: Trump-Owned Home in Palm Beach Now Renting for $2.5M a Year

If you’re curious about the Mar-a-Lago lifestyle and have $2.5 million at your disposal, you’re in luck. A mansion owned by the Trump family in Palm Beach, FL, is now on the luxury lease market.

Located right across the street from Donald Trump‘s stately Florida residence, this luxe beach house is going for a hefty $208,000 per month—or just under $2.5 million per year.

For a high net worth individual who prefers to try before buying, it’s an intriguing option.

“This iconic and prestigious home on Billionaires Row offers a rare opportunity for people who want to try out the Palm Beach lifestyle,” says listing agent Margit Brandt, of Premier Estate Properties.

Trump family mansion available for rent

Realtor.com

Living room

Realtor.com

The Palm Beach story

There are only two other direct ocean front properties available for rent in this posh location, Brandt adds. One has “only” six bedrooms and the other comes with blackout dates, when renters must vacate the premises. This leaves the Trump-owned mansion as the only property of its size (10,000+ square feet) and location available year-round.

Maryanne Trump Barry, a retired federal appeals judge and the sister of the former president, purchased the home in 2004 for $11.5 million.

Barry listed the beachside mansion for $23.9 million in 2017, but it wound up staying in the family. An entity tied to Eric Trump purchased it for $22.9 million, according to Mansion Global.

After Eric and his brother took control, the home—originally built in 1956—went through extensive renovation and expansion.

Cabana room

Premier Estate Properties

Rent or buy?

Since 2017, it’s been on and off the rental market at rates ranging from $59,000 to its current $208,000 per month.

The home’s also flirted with buyers: It was listed in 2021 for $49 million. Curiously, the price was raised to $59 million in early 2022. It’s still listed for sale at that price, if you’d rather own the place outright.

Front entry

Realtor.com

But Brandt thinks renting might be the path forward.

“Many people want to try out the Palm Beach lifestyle first,” she says.

The home is being offered totally turnkey, with all the designer furniture, linens, and tableware already in place.

Dining room

Realtor.com

Maintenance is handled by the Mar-a-Lago club. For a renter, that means housekeeping three times a week, room service, landscaping, and pool and beach maintenance.

Pool and lawn

Premier Estate Properties

Private beach

Premier Estate Properties

Location and more

The property comes with a private beach.

Beach view room

Realtor.com

Water, sun, and sand

Realtor.com

In addition to the eight bedrooms, there are eight full baths and three half-baths, all decorated in an elegant beach style.

Bedroom with views

Realtor.com

Bedroom with more views

Realtor.com

The spacious family room upstairs can also serve as an office, according to Brandt.

Upstairs family room/office

Realtor.com

As with almost all rentals, a background check will be conducted on prospective tenants. Pets will be allowed on a case-by-case basis.

If a tenant decides to make this place a permanent home, Brandt says lease-to-own arrangements most certainly can be made.

This story was originally published on Realtor.com.

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