July 5th, 2008
Despite the weak housing market, Donald Trump has recently sold the Palm Beach estate he bought for $US41.35 million in 2004 for $100 million (he came down from $125 million).
The 80,000-square-foot property at 515 N. County Road sits on 6 acres and has 475 feet of unobstructed oceanfront, making the price per linear foot $210,526.
However, the new owner, billionaire and Russian fertilizer tycoon Dmitry Rybolovlev, is actually considering tearing down the mansion and possibly subdividing the property, according to sources.
Posted in Auctions, Luxury Real Estate




























