Nancy Pelosi shopping for $25 million Jupiter Island mansion? Faux information, says actual property agent

Reviews circulating by way of the conservative blogosphere and social media accounts that Home Speaker Nancy Pelosi is shopping for a $25 million Jupiter Island mansion are, nicely, faux information.

The mansion in query is at 429 S. Seashore Street on the unique space that’s residence to such celebrities as golfer Tiger Woods, singer Celine Dion and nation music star Alan Jackson.

“There’s zero affiliation between the vendor of the house, the customer of the house and Nancy Pelosi,” stated Rob Thomson, proprietor of Waterfront Properties.

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Thomson ought to know. He represents the unnamed purchaser of the mansion in query.

The customer of the home is an present resident of the Admirals Cove neighborhood in Jupiter, Thomson stated.

One other Jupiter Island residence, 312 S. Seashore Street, that simply went underneath contract for $19,995,000 additionally will not be being bought by Pelosi, Thomson stated.

That purchaser is an present Jupiter Island resident, stated Thomson, who represented the vendor. He stated he has met the customer and the customer will not be Pelosi, both.

Each gross sales shut on the finish of the month, he added.

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“Nancy Pelosi has no connection to both property,” Thomson stated.

The phrases “Pelosi Florida mansion,” “nancy pelosi Florida mansion” and “jupiter island” have been trending on Google search in Florida late Tuesday and far of Wednesday.

Pelosi is likely one of the richest members of Congress

USA Right this moment reviewed Pelosi monetary reviews earlier this 12 months and decided she has a internet value of about $106 million.

Monetary disclosures present that Pelosi and her husband, Paul Pelosi, who owns and operates a San Francisco-based funding agency, have hundreds of thousands of {dollars} in actual property investments, enterprise partnerships and inventory holdings.

She owns a Napa, California residence and winery value between $5 million and $25 million and generated between $100,001 and $1 million in revenue from grape gross sales, in response to a 2019 monetary report.

Speaker of the Home Nancy Pelosi, D-Calif., is likely one of the richest members of Congress with an estimated internet value of about $106 million.

The couple additionally owns a number of industrial properties that generate rental revenue in that very same vary and maintain investments in undeveloped actual property.

Whereas property listed on the shape complete between $57 million and $271 million, liabilities vary from $20 million to $97 million. Liabilities embrace multimillion-dollar mortgages on a number of properties and fairness credit score traces.

Pelosi has been in Congress since 1987 when members have been paid $89,500. Right this moment, as speaker, Pelosi earns $223,500.

This text initially appeared on Palm Seashore Submit: Nancy Pelosi Florida home: Mansion discuss a false rumor, Realtor says

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