Palm Beach Mansion Near Mar-a-Lago Lists for $18.25M
Palm Beach’s High-End Real Estate Market Explodes
Palm Beach’s high-end real estate market is experiencing a surge in demand, with luxury home sales near Mar-a-Lago increasing significantly since Donald Trump’s election victory. The latest example of this trend is a $18.25 million listing at 142 Via Palma, a lavish estate just steps from Mar-a-Lago.
A 15-Second Drive and 1-Minute Walk from Mar-a-Lago
The 7,600-square-foot estate features four bedrooms, six bathrooms, and is designed for grand entertaining. The property boasts soaring ceilings, a massive fireplace, and formal living spaces that open to a sprawling 50-foot heated lap pool. The 15,000 square feet of outdoor living space also features lush terraced gardens crafted by renowned landscape designer Nievera Williams, offering secluded “landscape rooms” with vistas and mature greenery.
New Data Shows Demand for Luxury Real Estate Near Mar-a-Lago
According to appraiser Jonathan Miller, the number of $10 million-plus listings under contract in Palm Beach has jumped 400% year-over-year in November and December 2024, with sales volume exploding by more than 612% to nearly $291 million. This surge in demand is attributed to the heightened exclusivity in the area, which has transformed it into a gated, resort-like enclave.
A Gated, Resort-Like Enclave
The “Presidential Security Zone” has become a highly sought-after location, with properties like the latest $18.25 million listing at 142 Via Palma attracting attention from both political supporters and savvy investors. The zone, which includes a radius of about 7 streets north of Mar-a-Lago, has been blocked off by the Secret Service and Palm Beach County Sheriff, creating an ultra-exclusive environment.
Margit Brandt’s Expertise
Margit Brandt of Premier Estate Properties is the listing agent for this property and has been involved in several major deals within the “Presidential Security Zone.” Her portfolio includes a $16.9 million combined property at 123 and 127 Murray Road, just 1 minute from Mar-a-Lago, and a pending $25 million-plus sale at 120 Clarendon.
Demand from Political Supporters and Savvy Investors
The enthusiasm from buyers is significant, with many attracted to the area’s exclusivity and prestige. Brandt notes that the area has become an “enclave within an enclave” of Palm Beach Island, which is already home to one of the highest concentrations of billionaires in America.
Conclusion
The Palm Beach mansion market is experiencing unprecedented demand, driven by the heightened exclusivity and prestige of the “Presidential Security Zone.” With properties like the latest $18.25 million listing at 142 Via Palma, this trend is expected to continue, making Palm Beach a highly sought-after destination for luxury real estate.
FAQs
* What is the asking price of the Palm Beach mansion?
+ $18.25 million
* How close is the property to Mar-a-Lago?
+ A 15-second drive and a roughly 1-minute walk
* Who is the listing agent for this property?
+ Margit Brandt of Premier Estate Properties
* What is the size of the property?
+ 7,600 square feet
* What are some of the notable features of the property?
+ Soaring ceilings, massive fireplace, formal living spaces, 50-foot heated lap pool, and lush terraced gardens
