It’s in the zone!

If you are not a part of President Trump’s inner circle, you can still gain entry into the Palm Beach presidential security zone, albeit for a steep price.

Located near his Mar-a-Lago club, a modest house that is up for sale for $12.5 million is likely to be a teardown according to Margit Brandt, the listing broker from Premier Estate Properties.

The Palm Beach Daily News first reported the listing. 

The one-story Bermuda-style home, constructed in 1952, sits at 112 Algoma Road on a street that is closed to through-traffic when President Trump is present at Mar-a-Lago. This property has become one of the most sought-after and exclusive locations globally, offering an exceptional opportunity to construct a dream home, as highlighted by Brandt in a discussion with Gimme Shelter.

“It’s a beautiful area, by Mar-a-Lago and the ocean. It looks like the Bahamas, with all the palm trees,” Brandt said.

“The house is directly one street over from the club,” she added. “We’ve sold all inventory here over the past six months. Not much becomes available here, but now there’s a chance for someone to build their dream house in the Estate Section on a buildable lot for $12.5 million.”

The presidential security zone is “probably just a quarter mile,” Brandt said, adding “that it has become a desirable stretch for people who value privacy and security. It’s like you’re part of a private, secret club.” 

At 2,930 square feet, the home comes with four bedrooms, four baths and sits on a third of an acre. It also has deeded access to the beach, which is just 245 feet away. It has been owned by the same family since 1981, when it was purchased for $385,000, according to records.   

The listing is part of a “post-presidential boom” in real estate, Brandt told Gimme. Since Trump was elected last November, six homes in the presidential security zone have sold — for $12 million to $27.5 million, according to reports.  

That includes 1090 S. Ocean Blvd., which asked $45 million as a pre-construction spec house in the presidential security zone. Brandt, who repped the buyer and seller, sold it as land only for $19.5 million.

The deal also came with Mar-a-Lago membership that had been grandfathered in. Initiation fees are now $2 million, sources told Gimme.