Luxury home sales have taken off since Donald Trump's re-election, and Palm Beach, Florida, home to his Mar-a-Lago resort, is at the center of the boom, Mansion Global reported Thursday
The sale marks a new record for lakefront properties in Palm Beach. Developer Todd Michael Glaser renovated and expanded the estate, at one point marketing it for more than $200M
The estate sits alone on its own 2.3-acre, man-made island and went into contract on Monday. The negotiated price, and the buyer's identity are still unknown
Established Palm Beach agents Chris Deitz and Margit Brandt have joined Compass, attracted by the brokerage's network and use of technology