Ben Carson's West Palm Beach Mansion vs. Trump's Palm Beach Mar-a-Lago - Echo Fine Properties Artboard 1? alert-icon? Artboard 1? ? ? delete-icon? edit-icon? email-icon hide-hover-icon? Artboard 1? login-icon-white Artboard 1? next-icon-left next-icon-right-left next-icon-left-ochre next-icon next-icon-right-grey next-icon-right-ochre plus-with-circle-iconP search-fw-icon? search-icon-ochre search-icon-white
9 NOV

Ben Carson’s West Palm Beach Mansion vs. Trump’s Palm Beach Mar-a-Lago

By Jeff Lichtenstein

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Ben Carson’s House
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Donald Trump’s House
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Tale Of Two Houses
1994 Year Builtvs1927 Year Built
7,767 square feetvs87,144 square feet
.32 acresvs18.76 acres
West Palm BeachvsPalm Beach
$1,024,447 Taxable Valuevs$30,836,088 Taxable Value (Per PB Property Appraiser)
$23,906 – 2015 Property Taxesvs$602,081– 2015 Property Taxes (Per PB Property Appraiser)
Golf & LakevsWide Intracoastal + Atlantic Ocean
LargevsHUGE
5 Bedroomsvs58 Bedrooms
DoctorvsCelebrity Businessman
OutsidervsOutsider
Inside VoicevsOutside Voice
Ibis Golf & Country ClubvsTrump’s Own Club
Roof Renovationvs20,000 Sq.Ft. Ballroom Addition
Joined The ClubvsCreated Million Dollar Moneymaker Club
John J. RooneyvsMarjorie Meriweather Post
Gave Up MeatvsGave Up Oreos
$775,000 (Partially Furnished)vs$10 Million Purchase Price ($3m furnishings)

Ben Carson’s
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Donald Trump’s
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Comparing Ben Carson’s Florida home with Donald Trump’s Mar-a-Lago about 15 miles to the east in many ways tells you much about their personalities and thought processes. Each owns homes in Florida and both are leading in the polls for the GOP nomination. Carson bought in a value community. Ibis is 5-10 miles farther out from Mirasol, BallenIsles, Old Palm, Frenchman’s Reserve, and Admirals Cove. The Buyer in Ibis gets more bang for their buck in a less expensive home. However, they miss out in having a location that is nearer the central part of town. Trump, on the other hand, bought Mar-a-Lago for $10 million ($3 million was furniture), along with some adjoining homes over the years. Palm Beach is the opposite of central West Palm Beach; glitzy, flashy, expensive, by the water, and near all of the action. It’s the best location in town.
One could say that Carson, by choosing a quieter and more prudent location, would have a more internal type of management style. He will move more slowly and more methodically. Trump, on the other hand, by choosing Palm Beach, will be a deal maker, constantly in the mix with other people. Carson bought a home under market value that was already renovated. He is putting on a new roof. He pays dues to the club. Trump, through all sorts of complex negations, created a club out of nothing and makes money off of it. He didn’t just fix up the essentials, he restored it and made numerous additions, including a 20,000 sq.ft. ballroom, and cutting through ridiculous amounts of Palm Beach red tape to get all of it done in such a way that makes the Democrats and Republicans feel like they are in Kumbaya.
My guess is that Carson’s home is worth $1,250,000; not bad for a $775,000 investment. Mar-a-Lago, on the other hand, is probably worth $250-$300 million. That’s OMG for a $10M investment.

Celebrity Homes from A to Z:
Jason Bateman & Amanda Anka’s Green Home | Ben Carson’s Home | Bill Cosby’s Home | Just One of Tom Cruise’s Many Estates | Celine Dion’s House | Ernie Els Estate | Will Ferrell’s “Crash Pad” | Matt Groening’s Treehouse of Horror | Michael Jordan’s Home | Rush Limbaugh’s Palm Beach Home | George Lucas’ Mega-Mansion | Rory McIlroy’s House | Elin Nordegren’s Home | Ving Rhames’ Double Mansion Home | Ryan Seacrest’s Big Green Blob | William Shatner/Captain Kirk | Gene Simmons’ and Shannon Tweed’s Home of 30 Years | Spelling Manor | Justin Timberlake’s and Jessica Biel’s Love Nest | Donald Trump’s Private Club | Keith Urban & Nicole Kidman’s Garage-less Palace | Vanna White’s Zero-Lot-Line Palace | Venus & Serena Williams’ Mansion | Tiger Woods’ Jupiter Island Home | Tiger’s Sports Complex | Tiger Woods’ Latest Mistress’ New Home

Posted in Ben Carson, Donald Trump, real estate on November 9, 2015 at 8:13 am.

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