Most Expensive U.S. Home Sold by Trump for $90 Million (Photos, Video)

Donald Trump bought a seven-acre oceanfront property for $41.25 million in 2004 in an auction at U.S. Bankruptcy Court in West Palm Beach. The previous owner, Abe Gosman paid $12.1 million for just the land in 1986, county records show, and later had the estate built on the property. The Donald has reportedly flipped the property and has more than doubled his original investment. The new owner plans to bulldoze the never occupied structures and subdivide.

The French Regency mansion, Maison de L'Amitie has 80,000 square feet of space. Features include an eight-car garage, pool house, 475 feet of oceanfront; 18 bedrooms; 20-to-40-foot ceilings; ballroom; 4,100 square-foot conservatory with Venetian-style moldings and eight skylights; media room; art gallery; carriage house and two guest houses.

Says Trump:



It's just a fantastic piece of property, the biggest site, the biggest oceanfront, the best location in Palm Beach. And Palm Beach is the richest community in the world."

Trump claims to have spent $25 million on renovations before flipping the property back on the market for the asking price of $125 million, later reduced to $100 million. Word is that a deal has been struck to the tune of $90 million. The owner remains unnamed at this point and must have deep pockets indeed if he would sacrifice the palatial structures in order to subdivide the land. Seems criminal.

Check out photos and a video of the property below.















Check out video below.

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