Donald Trump Jr. may have purchased land in West Palm Beach.The eldest son of President Donald Trump is likely behind a trust that owns an empty waterfront residential lot in the Prospect Park neighborhood, according to two real estate sources familiar with the property.The New York Post reported on June 17 that the younger Trump plans to build a large home in the neighborhood.If he moved to West Palm Beach, he would live in a historic neighborhood becoming popular with wealthy homebuyers. Plenty of financial executives and high-income residents, especially from the Northeast, moved to the leafy enclave during and after the COVID-19 pandemic.Here are five things to know about the possible purchase.
Where is the property in West Palm Beach?
The empty residential lot is along Washington Road in the Prospect Park neighborhood in West Palm Beach, which is just south of downtown.It is north of Greenwood Drive and next to George Petty Park. The lot lies about a mile northwest of the Mar-a-Lago Club, President Donald Trump’s mansion in Palm Beach.
How much did the lot sell for?
It sold for $15 million in February to an entity called 3110 Washington Road Trust, Palm Beach County property records show.
How many acres is it?
The property is 0.74 acres and has 80 feet of waterfront along the Intracoastal Waterway. The New York Post article did not specify where in Prospect Park Trump’s home will be, but the story said Trump purchased a double lot.The 3110 Washington Road property is a single lot. However, it is just north of another waterfront lot. Real estate sources say that lot is linked to Palm Beach investor Barbara Smith, who is married to Randall Smith, the founder of the investments firm Alden Global Capital.It’s not clear if Smith is selling — or has sold — this lot to Trump.If the lots were combined, the assemblage would give Trump nearly 1.5 acres. The combined properties also would include 186 square feet of waterfront and the rights to build a dock or a boat slip into the Intracoastal Waterway, according to the Palm Beach County Property Appraiser’s Office.
Is it in a gated community?
No. Trump Jr. soon could be the only one of the president’s three children from his first wife, Ivana, not to live in a gated community.Don Jr.’s brother, Eric, lives with his wife and children in Trump National Golf Club in Jupiter. Their sister, Ivanka, and her husband Jared Kushner and children live on Indian Creek, an island community in Miami-Dade County.
Where does Donald Trump Jr. live now?
Property records show Don Jr. currently co-owns a home in Admirals Cove, a gated community in Jupiter, where houses routinely sell for millions of dollars. He and his former fiancée, Kimberly Guilfoyle, now the U.S. ambassador to Greece, paid $9.7 million for the two-story house in March 2021.Trump’s home at the tip of Mariner Drive stands along a branch of the Loxahatchee River, with six bedrooms and 11 bathrooms within its 11,270 square feet, according to Palm Beach County property records and real estate listings.
Maya Washburn is a Trending News Reporter for The Palm Beach Post, part of the USA TODAY Florida-Network. Reach her at mwashburn@pbpost.com. Support local journalism: Subscribe today.
This article originally appeared on Palm Beach Post: Did Donald Trump Jr. buy land in West Palm Beach? 5 things to know
Reporting by Maya Washburn and Darrell Hofheinz, Palm Beach Post / Palm Beach Post
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By Maya Washburn and Darrell Hofheinz, Palm Beach Post | USA TODAY Network
