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Mystery Mar-a-Lago sale notice raises questions about Trump cash flow - New York Post

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Property watchers have done a double-take after former President Donald Trump’s Mar-a-Lago estate was listed as sold on Zillow as he fights four separate indictments.

Hours after Trump was booked in Georgia on charges that he unlawfully tried to overturn the Peach State’s 2020 election results, real estate mavens noted that the Zillow listing for the sprawling Palm Beach resort indicated it had been “sold” on Aug. 4 for a whopping $422,000,000.

Although the estate does not show up on Zillow under the name “Mar-a-Lago,” its address at 1100 South Ocean Boulevard matches that of Trump’s 58-bedroom, 33-bathroom beachfront property.

The purported sell date also happened to be the day after the 77-year-old was arraigned in Washington, DC, on federal charges that he unlawfully tried to remain in power after his loss to former Vice President Joe Biden.

An aerial view of President Donald Trump's Mar-a-Lago estate
Mystery surrounds the ownership of Mar-a-Lago after a Zillow listing indicated that Donald Trump’s Florida estate was sold on Aug. 4.
AP

The Daily Express reported late Thursday that the “sale” of the property appeared to be to a company owned by former first son Donald Trump Jr. However, sources close to the scion contacted by The Post on Friday insisted that Trump Jr. had no role in or knowledge of any such transaction.

“Mar-a-Lago has absolutely not been sold nor will it ever be,” the former president’s other adult son, Eric Trump, told The Post. “This rumor is categorically false.”

By midday Friday, all references to the Aug. 4 “sale” had vanished from the Zillow listing, and the property was listed as “Off Market.”

Zillow listing for Mar-a-Lago
The listing does not name Mar-a-Lago, but the property’s address matches that of Trump’s members-only club.
Zillow

The website SunBiz — a brand name for Florida’s Division of Corporations where local businesses are required to register — indicates that the Palm Beach resort currently belongs to Mar-a-Lago Inc., whose owner and registered agent is Donald Trump Jr.

Annual reports filed through 2022 indicate the club was operated by the Trump Organization, which lists the younger Donald Trump as president, director and chairman, among other titles. The last time Trump himself appeared as the Trump Org’s director on Mar-a-Lago’s annual report was 2016.

“I woke up this morning to numerous media reports claiming that my dad transferred ownership of Mar-A-Lago to me, and while anyone would love to be gifted one of the most beautiful properties in the entire world, it is nothing more than total and complete fake news,” Trump Jr. told The Post Friday. “A lot of media outlets should be embarrassed with themselves for running such a phony story, but we all know that most of them won’t even retract their reports because they have no shame. SAD!”

The confusion raises more questions about the former president’s finances as he seeks to win back the White House.

Trump has an estimated net worth of $2.5 billion, according to Forbes. However, his critics have long suspected he is far less liquid than that figure indicates.

Donald Trump Jr., son of former President Donald Trump, talks to members of the media following the first debate of the GOP primary season hosted by FOX News at the Fiserv Forum on August 23, 2023 in Milwaukee, Wisconsin
Mar-a-Lago reportedly has been transferred to a company owned by Donald Trump Jr.
Getty Images

When Trump surrendered to Georgia authorities Thursday night, for example, he engaged a local company to put up the cost of his $200,000 bond.

Also, while the former president’s campaign has trumpeted the amounts it raised after Trump was indicted in Manhattan on charges of falsifying business records ($10 million in five days) and by special counsel Jack Smith on charges of hoarding national security documents at Mar-a-Lago ($6.6 million in six days), it has been less forthcoming following the most recent two indictments — despite hawking shirts, mugs and koozies bearing the 45th president’s mugshot.

Earlier this month, the Associated Press reported that the White House contender’s political operation has burned through more than $42 million this year alone, with much of the money going toward covering legal costs related to the tangled web of legal woes that has ensnared Trump and his allies.

In this handout photo provided by the US Department of Justice, stacks of boxes can be observed in a bathroom and shower in The Mar-a-Lago Club's Lake Room at former US President Donald Trump's Mar-a-Lago estate in Palm Beach, Florida
Mar-a-Lago is at the center of Trump’s federal classified documents case.
US Justice Department/AFP via Getty Images
Former President Donald Trump made it business as usual after being "shocked" by his indictment Thursday -- heading out for dinner with wife Melania and posting angry messages until the early hours
The Trump family have a private residence on the grounds of the Palm Beach resort.
Instagram / @realdrgina
This handout image released by the Fulton County Sheriff's Office on August 24, 2023 shows the booking photo of former US President Donald Trump
Trump, 77, appears in a mugshot taken at the Fulton County Jail on Thursday during his booking on charges related to election interference in Georgia.
FULTON COUNTY SHERIFF'S OFFICE/AFP via Getty Images

Trump bought Mar-a-Lago, built in the 1920s by cereal heiress and socialite Marjorie Merriweather Post, in 1985 for $2 million.

The Zillow listing shows that the last time the property was sold was on April 6, 1995 — the day Trump converted the residence into a members-only club.

The former president and his family still have a private residence on the grounds of Mar-a-Lago.

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Mystery Mar-a-Lago sale notice raises questions about Trump cash flow - New York Post
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