realestate

Two Palm Beach homes sold to Mar-a-Lago's adjacent property owners

Houses on Clarendon Ave. and Algoma Rd. restricted during Trump's Mar-a-Lago visits.

P
resident-elect Donald Trump's victory in the Nov. 5 presidential election has likely boosted interest in Palm Beach real estate, particularly around his Mar-a-Lago Club. The historic property is generating significant attention as it serves as Trump's home base during his transition to the White House.

    Two properties within the heightened security zone near Mar-a-Lago have recently landed under contract. According to multiple listing service updates on Nov. 25, these properties are located in the Estate Section neighborhood that closes to through-traffic while Trump is in residence at his club. Agents Paulette Koch and Dana Koch of the Corcoran Group hold the listings for both properties.

    The larger property, a renovated estate at 120 Clarendon Ave., is asking $27.9 million. This six-bedroom main residence with two bedrooms in its guesthouse spans approximately three-quarters of an acre and offers 12,773 square feet of living space. The house was built in 2001 but extensively renovated.

    The other property under contract is a never-lived-in house at 130 Algoma Road, priced at $17.5 million. This midblock house features five bedrooms and 7,312 square feet of living space, completed about a year ago by Palm Beach developer Lee Fensterstock.

    Five additional houses and estates are listed for sale in the security zone, with prices ranging from $13.9 million to $48.85 million.

Image: Two Palm Beach homes sold next to Mar-a-Lago.