Trump sells condo @ a loss in Miami Beach
By Marco Giancola, Realtor (305)608-1922, Miami Beach Florida
(Beachfront Realty)
Setai unit On Miami Beach Setai Units 2306/2308 via RedfinA trust in the name of Donald Trump's sister, Maryanne Trump Barry, sold a duplex at the Setai for $7 million. The buyer is a company linked to the creators of the Jordache Jeans empire, and owners of the Versace Mansion. They purchased the hotel portion of the Setai last December for $90 million. The duplex sale covers two units - 2308 and 2306 - within the 38-floor luxury hotel and condominium where Lil Wayne owns the penthouse. It has three bedrooms and three bathrooms and had an asking price of $8.5 million. The Trumps paid $7.8 million for the duplex in 2013, leaving them with a loss of nearly $1 million.
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