LANDMARK area and resort Mar-a-Lago was built between the years 1924 and 1927.
Years after the death of Mar-a-Lago’s original owner Marjorie Merriweather Post, Donald Trump acquired the estate and serves as his primary residence post-presidency.
Prior to Donald Trump, the lavish Mar-a-Lago only had one previous owner[/caption]
Where is Mar-a-Lago?
Mar-a-Lago is a resort and historic landmark built by cereal heiress Marjorie Merriweather Post located in Palm Beach, Florida.
The 62,500-square-foot property was completed in 1927 and has roughly 126 rooms.
When Post died in 1973, she gave the property to the National Park Service, hoping it could be used for state visits or as a Winter White House.
However, the property was returned to the Post Foundation by an Act of Congress in 1981 due to its costly maintenance.
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It boasts the second largest mansion in the state of Florida and the 24th largest mansion in the US.
When did Donald Trump buy the Florida property?
In 1985, Trump purchased Mar-a-Lago for about $10million—$5million.
The transaction included a reported $3million for its lavish furnishings, plus another $2million for 400 feet of prime beachfront directly across the street.
The property is estimated to be worth close to $100million.
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Since 2019, Mar-a-Lago has acted as Trump and Melania’s primary residence.
Throughout his presidency, he was often seen at the residence when he was not at The White House.
Previously in December 2020, the Trump family clashed with the DeMoss family over certain stipulations involving the former party’s accommodation.
At the time, the latter party reportedly initiated legal action to prevent them from moving back.
Mar-a-Lago also has a membership-based club with only 500 exclusive passes available[/caption]
A letter was sent by an attorney for the DeMoss family to authorities in Palm Beach and the US Secret Service, stating Trump had lost his legal right to permanently live there due to a supposed 1993 agreement.
The letter suggested the town “avoid an embarrassing situation” for the former president and requested them to inform Trump he can not live there full time.
Trump allegedly signed a “use agreement” in 1993 after he converted the private residence into a social club.
Part of the deal forbids any of the club members from spending more than 21 days a year in the club’s guest suites or staying there longer than seven consecutive days.
However, Trump visited more than 30 times during his tenure in the White House, breaking his rule with more than 130 nights worth of stays.
Trump was also required to ensure more than half of the club’s members live or work in Palm Beach and that there were no more than 500 members.
What is the Mar-a-Lago Club?
Donald Trump was facing financial difficulties in the late ’90s and decided that he would turn Mar-a-Lago into small, divided properties to make money.
However, the city council rejected the proposal, and the estate was turned into a members-only club.
The estate operates as a resort and hotel for the members and rents out venues for private events.
Membership at the Mar-a-Lago Club required a $200,000 initiation fee up until 2012 when it was lowered to $100,000.
In addition, the annual dues are $14,000, and there’s an annual food minimum of $2,000.
According to the website, the exclusive membership grants paying owners access to the “Trump Spa and Salon, the pool, the Beach Club, breathtaking guest rooms and exclusive suites, a state-of the-art-fitness center, award-winning tennis courts, beautiful croquet lawns, and an entertainment series which hosts internationally world-renowned talent.”
Mar-a-Lago members can also enjoy using Trump Golf properties in the US.
According to the New York Times, billionaires such as William I Koch, Thomas Peterffy, Richard LeFrak, Jeff Greene, insurance executive George Norcross, real estate developer Bruce Toll, and Newsmax CEO Christopher Ruddy are members of the exclusive club.