A house under construction on the street next to President Donald Trump’s Mar-a-Lago Club has just landed under contract after being listed at $45 million.
The as-yet-unidentified buyer waiting in the wings for 1090 S. Ocean Blvd. — on the northwest corner of Woodbridge Road — will be offered a perk available to new homeowners on Woodbridge Road. The buyer would get access to The Mar-a-Lago Club without having to pay the hefty initiation fee, which is said to be as much as $1 million. Under a long-standing agreement with Trump, the homebuyer would be required to complete an interview process with Mar-a-Lago officials and pay annual dues for access to be granted to the club.
The house that just went under contract lies in the security zone that closes to through-traffic when Trump is in residence at Mar-a-Lago, which he has previously dubbed “The Southern White House.”
The Palm Beach Daily News is the first media outlet to report the so-called “pending” transaction in the multiple listing service. There’s no word yet on the amount that will change hands in the deal.
The traditional-style house is being developed on speculation on a lot of about two-fifths of an acre.
Agent Margit Brandt of Premier Estate Properties holds the listing, and the asking price has never wavered since the property entered the market early last year. Brandt marked the listing status “pending” on Jan. 22, the MLS shows.
The front door of the residence will face a home on the opposite corner that has been in the Trump family for nearly 30 years and backs up to the private club. The just-listed house also is next door to the Woodbridge Road home of Trump’s sister, Elizabeth Trump Grau; and is directly across the coastal road from an oceanfront house owned by the Trump family.
The six-bedroom house that just landed under contract could be completed sometime this fall, according to the sales listing, which says the in-construction price is for the “finished residence.” A buyer at this point could still have time to customize parts of the interiors, the listing says.
The house will offer “true resort-style living,” Brandt’s sales description says. She could not be immediately reached for comment.
Renderings and plans presented during the town’s approval process for the house show it will have two stories and a full basement. In all, the residence will have about 13,353 square feet of living space, inside and out, with its L-shaped floorplan wrapping around a lap pool.
Last week, a house down the street at 129 Woodbridge Road entered the market with a price of $14.95 million. That renovated 1970s-era house also will be sold with guest privileges to Mar-a-Lago. Trump negotiated that perk with town officials in the 1990s before they agreed to let him open his private club in his landmarked mansion on 17.5 ocean-to-lake acres.
When the house that just landed under contract at 1090 S. Ocean Blvd. joined the MLS in January 2024, a statement released on behalf of the development team said the home was being built on speculation by Kaali-Nagy, a development and architecture firm in Greenwich, Connecticut. The house marked the firm’s first project in Palm Beach, and the team included Foster, Damien and Alex Kaali-Nagy, according to the statement.
“The Kaali-Nagy brand is known for creating homes with elevated architectural design and meticulous attention to detail. (The house at) 1090 S. Ocean will be no exception,” the statement said.
Palm Beach commodities broker and real estate investor Nedim Soylemez also has been involved with the project, courthouse records show. He has partnered with investor Beau Taylor on other residential projects in Palm Beach.
The final design for the house was by architect Harold Smith of Smith and Moore Architects in West Palm Beach. An initial version had been conceived by Workshop/ADP of Greenwich, Connecticut, New York City and Nantucket, Massachusetts.
The architecture was influenced by West Indies-style buildings, with inverted V-shaped caps on the chimneys, shaped brackets beneath the eaves and stone details to accent windows and doors. The stucco exterior would feature shutters at the windows and a roof of flat gray tiles.
The plans for the ground-floor layout show a formal living room, a family room open to the kitchen and a study. A cabana with a bar would open to the pool area, where there’s also a covered loggia.
With a recreation room and another space designated as an “entertaining” room, the basement also was designed with a gym, sauna, steam room and massage area. With bedrooms on the second floor, the house also would have two-car garage.
The property will be sold with private beach access “just steps from the front door,” Brandt’s listing says.
The lot is owned by a Florida limited liability company named after the property’s address. That company paid $5.6 million for it in March 2021, property records show.
Mar-a-Lago’s security zone seeing plenty of real estate action
When Trump is at Mar-a-Lago, security officers shut down South Ocean Boulevard in the neighborhood, opening the road only to property owners or their authorized representatives or workers. The security zone runs north from the club property for seven blocks, or about half a mile, to North County Road.
Because the area is bordered by the Atlantic Ocean on one side and the Intracoastal Waterway on the other, the roadblock effectively divides the town in two, forcing through-traffic to detour across bridges into West Palm Beach and back.
The in-the-works house at 1090 S. Ocean Blvd. is the second property to land under contract in the Mar-a-Lago security zone within a week. On Jan. 15, the MLS reported that a buyer was waiting in the wings for a five-bedroom house with 6,789 total square feet at 153 Kings Road. Listed at $15.75 million, the Kings Road property is listed by Douglas Elliman Real Estate agents Chris Leavitt and Ashley McIntosh. Brandt confirmed on social media that she is representing the buyer on Kings Road.
The property that entered the MLS last week at 129 Woodbridge Road is listed by McIntosh and her Elliman colleague Kendall Corso. That house and guesthouse at have a combined 4,810 square feet of living space, inside and out, on a lot of about a third of an acre.
The house just listed by Elliman was the second one in the Mar-a-Lago security zone to join the MLS within two days. The day before, Brandt had listed for sale a house at 142 Via Palma for $18.95 million. Built in 1955, that four-bedroom house — with 7,633 total square feet — stands on a street about four blocks north of the one that just went under contract at 1190 S. Ocean Blvd.
The security zone also has seen two recent sales, including a $27.5-million transaction recorded Jan. 14 for a renovated estate at 120 Clarendon Ave.; and a sale recorded at $14.3 million in late December for a never-lived-in house developed on speculation at 130 Algoma Road.
Several other houses are listed for sale in the Estate Section neighborhood north of Mar-a-Lago, the MLS shows.
This is a developing story. Check back for any updates.
Portions of this article appeared previously in the Palm Beach Daily News.
Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.
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This story was updated from a previous version.
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Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Emaildhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz.