SEE THE PICS | The Palm Beach mansion Donald Trump is selling for $59 million

It certainly doesn’t come cheap . . .

Former US president and property tycoon Donald Trump (75) has put his Palm Beach property on the market for a whopping $59 million (R908m). 

The spectacular Florida beachfront mansion features 768 square metres of living space as well as prime beach frontage and an outdoor swimming pool.

The house is located on a pristine piece of coastline. (PHOTO: REALTOR/PLANET PHOTOS/ MAGAZINEFEATURES.CO.ZA)

The property boasts panoramic sea views. (PHOTO: REALTOR/PLANET PHOTOS/MAGAZINEFEATURES.CO.ZA)

Every bedroom has a sea view. (PHOTO: REALTOR/PLANET PHOTOS/MAGAZINEFEATURES.CO.ZA)

The new owner will also gain full access to the neighbouring Mar-a-Lago golf club, owned by the former US president.

The two-storey Bermuda-style home boasts eight bedrooms and 11 bathrooms with American flag artwork in the living room.

Trump bought the property for $18,5m (R284m) through one of his companies in 2018 from his sister Maryanne Trump Barry, a retired federal judge, who had owned the house since 2004.

At the time his son Eric Trump, who handled the business deal, told Mansion Global in a statement that it was a “great honour to have purchased one of the finest mansions in Palm Beach”.

The home features open-plan living spaces and floor-to-ceiling windows. (PHOTO: REALTOR/PLANET PHOTOS/MAGAZINEFEATURES.CO.ZA)

The rear side of the sprawling property. (PHOTO: REALTOR/PLANET PHOTOS/MAGAZINEFEATURES.CO.ZA)

An imposing stairway inside the marble-floored house. (PHOTO: REALTOR/PLANET PHOTOS/ MAGAZINEFEATURES.CO.ZA)

The view alone is enough to hook prospective buyers. (PHOTO: REALTOR/PLANET PHOTOS/ MAGAZINEFEATURES.CO.ZA)

Built in 1956, the home has undergone several renovations and currently boasts marble floors, floor-to-ceiling windows, multiple living areas, a formal dining room, a library and an oceanfront balcony.  

The town of Palm Beach, set on the east coast of Florida, has long been a haven for America’s rich and famous.

Donald Trump spoke at a Conservative Political Action Conference (CPAC) in Orlando, Florida, last month. The event is the largest gathering of Conservatives in the world. (PHOTO: GALLO IMAGES/GETTY IMAGES)

For all his wealth, Donald is facing several niggly monetary worries. According to Forbes magazine he will need to pay more than $730m (R11,2 billion) of debt in the next three years, including a $100-million (R1,5-billion)) loan on Trump Tower in New York City.

In 2023 and 2024 he will owe an additional estimated $353m (R5,4bn) on various properties, which could be a significant financial burden should he try to run for presidential office again, Forbes reports.

Sources: nypost.com, mansionglobal.com, thehill.com