Trump Buys $41 Million Florida Residence
11/16/2004 AT 01:00 PM EST
"It's the finest piece of land in Florida and probably in the U.S.," Trump, no stranger to hyperbole, tells the paper. "It's potentially so great. The existing house is a terrific structure, and I'll bring it to a level that few people have ever seen. Then, I'll resell the house."
Trump plans to keep the property basically as it is, says the paper, which quotes the 58-year-old New York developer and star of The Apprentice as saying, "My initial feeling is to utilize the existing house and create the second greatest house in America, Mar-a-Lago being the first."
Mar-a-Lago is Trump's current Palm Beach estate.
Built in 1990, the new residence used to belong to health-care magnate Abe Gosman, who experienced financial reversals three years ago. Only about half of the 64,000-sq.-ft. main house is air-conditioned, says the Daily News, while a tennis pavilion, a pool house and a staff apartment make up the remainder of the property.
The basement remains unfinished, though there are traces of a large party room, while the circular living room contains murals replicating master paintings. The dining room seats 14 people.