The Palm Beach Real Estate Boom: Trump’s Influence and Multi-Million Dollar Listings

Florida’s luxurious real estate market is experiencing an extraordinary resurgence, particularly in Palm Beach. This enclave, often referred to as "Billionaire’s Row," is seeing a remarkable spike in property values, with some experts linking the uptick to the ongoing influence of former President Donald Trump.

The Rising Prices of Palm Beach Real Estate

Landmark Listings

• 1980 South Ocean Boulevard: A stunning 2-acre vacant lot is back on the market for $200 million, up from its previous asking price of $150 million in 2022. Located just five minutes from Trump’s Mar-a-Lago estate, this property boasts:
  • Oceanfront and Intracoastal waterfrontage.
  • Architectural plans for a 20,000-square-foot residence.

This property is not just a land investment; it represents a trend in the high-end real estate market, often dubbed the "Trump bump" by real estate agents like Margit Brandt, who recently facilitated a record-setting sale.

Increased Activity in High-Value Homes

According to Douglas Elliman, there has been a 157% increase in signed contracts for homes priced between $5 million and $9.99 million from January 2024 to January 2025. Notably, sales for homes over $10 million skyrocketed from three units in January 2024 to thirteen in January 2025.

Key Properties Currently Available

1. A Spec Mansion in Manalapan – $285 Million

• Located about 11 miles south of Palm Beach, this upcoming 50,000-square-foot home is currently the most expensive residential listing in the U.S.
• Features include:
  • A car museum.
  • An indoor shooting range.
  • A bowling alley.

2. William Lauder’s Oceanfront Lots – $200 Million

• Comprised of two oceanfront lots totaling over 2 acres, this high-profile offering is backed by heavy hitters in the financial sector.
• Initially listed in 2023, a recent bid of $173 million was received, potentially setting a new record for the area if it closes above this figure.

3. Exclusive Island Sale – $152 Million

• Recently, a private island property featuring a 28,600-square-foot mansion sold for $152 million. This transaction marks a new high for lakefront sales.
• Residents enjoy:
  • Private decks.
  • Multiple pools.
  • A full wellness facility.

What to Expect Moving Forward

With a unique mix of both new builds and high-value land offerings, Palm Beach remains a focal point for affluent buyers. The current trend signals a strong demand for upscale properties, driven not just by lifestyle choices but also by the financial credibility of potential owners.

The Palm Beach Market: Key Takeaways

• Trump’s ongoing presence in Palm Beach has given the luxury market a considerable boost.
• Home values are continuing to climb due to heightened buyer interest and lower inventory.
• Buyers have access to properties with substantial luxury amenities, making Palm Beach a top destination for luxury real estate.

As Palm Beach emerges as a powerhouse in high-end real estate, both buyers and investors are flocking to the region, drawn by its allure and potential for significant appreciation. With properties spanning stunning oceanfront lots to extravagant mansion listings, this market promises not just promises but tangible opportunities for elite living.

For more information about the Palm Beach real estate market, including property listings and market trends, visit Douglas Elliman.

Stay Updated

Make sure to check back regularly for updates on the Palm Beach luxury market, as we continue to track the most exciting transactions and properties in this vibrant area.