The villa is located at 1125 South Ocean Blvd., listed for sale in March 2021 for $49 million. In early 2023, the selling price increased to 59 million USD. However, to date, the villa still cannot find a buyer.

In a financial disclosure filed with the Federal Election Commission, as part of his 2024 presidential bid last week, Mr. Trump reported the mansion was worth more than $50 million.

The property is said to generate an annual income of $1 million to $5 million, according to records.

Located along the beach, the villa has 8 bedrooms, is over 770 square meters and has a swimming pool.

According to Ms. Margit Brandt, real estate brokerage company Premier Estate Properties, “it is the perfect home for those who want to experience life in Palm Beach”.

Tenants have access to former President Trump’s beach club at Mar-a-Lago – where he has stayed in the winter since leaving office two years ago.

The mansion’s previous owner was a trust named after Mr. Trump’s sister, Maryanne Trump Barry, which sold it for $18.5 million in 2018.

The current owner is a limited liability company composed of Donald Trump’s sons, including Eric Trump and Donald Trump Jr.