The recent news of Rush Limbaugh’s estate selling for a record-breaking price has sent shockwaves through the real estate world. The late conservative radio host’s Palm Beach mansion was sold for a whopping $18 million, which is an over 8,300% profit from the price he paid for it back in 1998. The sale of this property is a testament not only to the luxurious lifestyle that Limbaugh lived, but also to the enduring appeal of Palm Beach as a high-end destination for the wealthy elite.
Limbaugh’s estate, which spans over 12,000 square feet, boasts six bedrooms, 12 bathrooms, a media room, a library, a gym, an elevator, and an expansive pool area. The property also features breathtaking views of the Atlantic Ocean and Intracoastal Waterway, making it a highly desirable location for those seeking the ultimate in luxury living. The mansion’s interior is a feast for the eyes, with marble flooring, custom woodwork, and designer finishes throughout. Check this out.
The home reportedly was bought for $155 million which is an over 3,800 percent increase from its original price of $3.9 million when Rush bought the estate back in 1998.
According to The Daily Mail, the sale is a record for Palm Beach beating out the previous record held by the estate of hedge funder Ken Griffin who sold his home for $129.6 million in 2013.
In addition to Rush’s purchase of the home in 1998, he also bought up four neighboring properties to make a 2.7-acre estate.
In 1998, Rush Limbaugh bought an oceanfront house in Palm Beach for $3.9 million. Twenty-five years later, his widow has sold it for $155 million. From WSJ: https://t.co/Jbqu7prI7j
— Byron York (@ByronYork) March 10, 2023
The sale of Limbaugh’s estate is a prime example of how well-maintained and well-located properties can appreciate in value over time, even in the face of economic uncertainty, which is currently the hallmark of Joe Biden’s presidency. People love Rush and all he did for the conservative movement in America.
This isn’t the first time that the Limbaugh family has continued their success following Rush’s death. Last year, the family published a book, titled “Radio’s Great of All Time,” in honor of the beloved patriarch that ended up hitting number one on the New York Times bestseller’s list in November.
While the current lack of fiscal leadership in DC has created some uncertainty in the real estate market, high-end properties like Limbaugh’s have continued to attract buyers who are willing to pay top dollar for the ultimate in luxury living. For those who can afford it, owning a property like this is not just a status symbol but also a smart investment in the long run.
Overall, the sale of Rush Limbaugh’s estate for a record-breaking price is a testament to the enduring appeal of high-end real estate, and the enduring popularity of an icon.
“For more than thirty years, millions of listeners tuned in to hear Rush Limbaugh’s voice,” the synopsis of the book reads. “At its peak, The Rush Limbaugh Show aired on more than 650 radio stations nationwide, and his inimitable commentary and distinctive sense of humor garnered a devoted audience that celebrated with him when he received the Presidential Medal of Freedom in 2020.”
With the success of the book honoring Rush and now a record-setting sale of his former estate, it is clear that the Limbaugh family is continuing to be successful following Rush’s passing.
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