realestate

Palm Beach Real Estate Sees Surge in Demand Amid Trump Connection

Palm Beach real estate sees surge with Trump connection, attracting celebrity buyers like Kelsey Grammer.

K
elsey Grammer is reportedly eyeing a Palm Beach, Florida property, according to insiders. The area is experiencing a surge in real estate activity following the presidential election, with top broker Margit Brandt noting that $100 million in properties have gone pending in just one week.

    Grammer was spotted checking out a $12.9 million home on Washington Road in West Palm Beach, which boasts waterfront views and looks out over Mar-a-Lago. The listing also touts views of the Breakers and promises unparalleled privacy and exclusivity.

    The excitement surrounding President-elect Trump's presence in the area has driven up demand for properties near his Mar-a-Lago estate, with a membership fee now exceeding $1 million and a lengthy waitlist. Other celebrities who support Trump include Sylvester Stallone, who recently introduced him at a gala event.

    Grammer publicly expressed his support for Trump last year, but his representatives declined to comment on the Palm Beach property. The sitcom star has previously sold homes in Malibu and New York City.

Palm Beach real estate market experiences surge in demand due to Trump connection.