Although Donald Trump calls this a $100 million dollar deal, Russian Fertilizer Billionaire Dmitry Rybolovev purchased the Waterfront Estate for $95 million at closing on Tuesday. According to sources, all of the closing costs, brokerage commissions, and doc stamps were paid for by Trump.
Trump bought the 6 acre waterfront mansion which has 475 feet of unobstructed views back in 2004 for $41.35 million from Abe Gosman during his bankruptcy filing. Trump made extensive renovations to the waterfront estate and his initial asking price offering was $125 million.
The buyer of the home, Ryolovev is listed on Forbes Billionaire's list at #59 with an estimated net worth of $12.8 billion dollars.
(Read more about this $100-million dollar deal)
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Tiffany L. Young, Realtor®
EWM Realtors, Inc.
C: 954-257-5030
Email: tiffany@tiffanylyoung.com
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