Luxe Palm Beach Mansion Near Mar-a-Lago Lists for $18.95M Amid Post-Election ‘Trump Bump’: ‘It Is Like King’s Landing’

by Mary K. Jacob

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Palm Beach’s high-end real estate market is exploding—and Mar-a-Lago is right at the center of the action.

Since Donald Trump’s November election victory, luxury home sales near the President-elect’s oceanside Florida estate have skyrocketed.

And now, there’s a new debut on the local market, The Post has learned. Now for sale is an $18.95 million listing at 142 Via Palma, a lavish estate just steps from Mar-a-Lago. Specifically, a 15-second drive and a roughly 1-minute walk.

What’s more, new data backs it all up, showing the ultra-wealthy are clamoring to get their own piece of the action. That could include this new listing.

Appraiser Jonathan Miller, in numbers provided to The Post, said that the number of $10 million-plus listings under contract in Palm Beach jumped 400% year-over-year in November and December 2024, with sales volume exploding by more than 612% to nearly $291 million.

In the same time span in 2023, he added, there were three listings above that price under contract—and, in 2024, 15. All the while, the sales volume for that span in 2023 reached $40.8 million—a much lower figure than the one recorded this past calendar year.

This home, meanwhile, is fit for one of today’s big-dollar buyers. Designed for grand entertaining, features include soaring ceilings, a massive fireplace and formal living spaces that open to a sprawling terrace overlooking a 50-foot heated lap pool.

Made up of four bedrooms and six baths, the 7,600-plus-square-feet residence also features lush terraced gardens crafted by the acclaimed Nievera Williams, offering secluded “landscape rooms” with vistas and mature greenery.

Margit Brandt of Premier Estate Properties holds the listing.

A Coast Guard crew patrols the waters around the Mar-a-Lago Club, home of President-elect Donald Trump, on January 6, 2025 in Palm Beach, Florida.

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She’s also behind several other major deals inside what’s now being called the “Presidential Security Zone.”

This security bubble has transformed the neighborhood into an ultra-exclusive enclave.

“That is the radius of about 7 streets north of Mar-a-Lago which have been blocked off by Secret Service and Palm Beach County Sheriff,” Brandt said.

“This unique neighborhood has become an ‘enclave within the enclave’ of Palm Beach Island, which in itself already boasts one of the highest concentrations of billionaires in America.”

Brandt’s other listings include a forthcoming $16.9 million combined property at 123 and 127 Murray Road—just 1 minute from Mar-a-Lago—and a just-closed $27.5 million sale at 120 Clarendon. Right next door to the President-elect is a $45 million new-construction listing at 1090 S Ocean Blvd.

These are just sliver of listings currently on the market near Trump's Mar-a-Lago estate.
These are just sliver of listings currently on the market near Trump’s Mar-a-Lago estate. (NY Post map)

Demand is soaring from both political supporters and savvy investors.

“The enthusiasm from many of the buyers is significant,” Brandt said. “President Trump’s victory has brought together a wide range of people to Palm Beach over the past [60-plus] days, from world leaders, foreign dignitaries, titans of industry like Elon Musk and Mark Zuckerberg, as well as the hundreds of ultra-high-net-worth individuals and families who have been supporting President Trump in his campaigns. It is like King’s Landing.”

President-elect Donald Trump meets with Republican governors at the Mar-a-Lago Club on January 9, 2025 in Palm Beach, Florida.

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Even non-political buyers are flocking to Palm Beach, drawn in by the non-stop media spotlight and the island’s image.

“The glamorous descriptions in news articles and the beautiful imagery of Palm Beach beaming around the world is driving new interest,” Brandt added.

“When they think of Palm Beach right now, they see momentum.”

Keith Francis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 874-2066

keith@roundtablerealty.com

1637 Racetrack Rd # 100, Johns, FL, 32259, United States

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