Donald Trump's Florida Real Estate Jumped $155 Million In Value During The Pandemic | Forbes

The pandemic has been tough on Donald Trump. The former president famously dismissed Covid-19 in its early days, then watched his approval ratings crater as the virus spread to millions of people, including himself. His business caught the bug, too. Trump’s hotels shut down, his office buildings emptied out, and much of his residential real estate—concentrated in big cities like Chicago and New York—plunged in value.

Fortunately for the real estate tycoon, he had an oasis. Set off the eastern coast of Florida, the town of Palm Beach has long provided respite for the nation’s richest people. Many of them, Trump included, flocked there during the pandemic. The former president’s properties on the Florida island have jumped an estimated $155 million in value during the pandemic.

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[thedirtydizzler]

Real estate is up? Who would have guessed?

[sabinelehner]

NICE CONTENT. TO ME TRADING THE FOREX AND CRYPTO MARKET IS WAY BETTER THAN ANY ONLINE INVESTMENT 💯

[piaggiotech]

I’m sure when it comes to property taxes he says it’s only worth 1.5 million 😂😂😂

[NathalieLazo]

Incredible person reading this, you have everything there is to succeed in life, whatever that is for you. Go after the life you truly want NOW! ✨
I believe in you! Love - Nat ❤️

[gw]

Mar A Largo has a interesting history. I did not know it was so old

[stevenjamison]

Great! I wonder if he will contest the value to keep from paying property taxes.

[mrrod]

So.. everyones house went up lmfao. My 250k house I bought 20 years ago now goes for 800k+

[jgatkinson]

It looks great Mr. President and happy Presidents’ Day

[TECHN]

Trumpet will say it’s worth $3M on his tax return 🤣

[reclusivehermitwithalongbu]

Whoop-dee-doo. He's still billions of dollars in debt.

[firefx]

300 million? Yea in a FANTASY world. No one could help you get ANY of the truth about Marolago? That property has deed restrictions on it and there is no way it;s worth anywhere near to 300 million. he zoned it as a social club. If it were a residence and he could develop that land....it would be worth far more but that is NOT the case.

[gregmccarter]

Actually 500 to to one billion dollars...a one aker peace of property with a house is 250 million...

[kenz]

Yes the judge just fined him over 300 million claiming it was only worth 18 😂

[gilbertbeltran]

then when time to file taxes he apreases way lower

[nerokaluarachchi]

Does anyone know how much he paid for it originally?

[mostazameansmustard]

To be honest, I am just surprised how humanity is still alive.

[maxwellbernard]

Investing is a stepping stone to success, investing is what create wealth.

[gl]

That great news, he going to need to sell it to pay his lawyers.

[peterrynish]

Is that what he told the bank, cuz he wouldn't tell that to the Tax Man. He'd say it dropped $200 million in value!

[Epiic]

Too bad he's still a billion dollars in debt, but good luck to him.