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Home»Business
Business

Inside the Florida Real Estate Empire of Matt Gaetz and His Scandal-Plagued Family

June 21, 2024No Comments2 Mins Read
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The Gaetz family real estate empire spans multiple locations, with most of their properties located in Florida’s northwest region. Don Gaetz, the patriarch of the family, has a net worth of $33 million, much of which is tied up in real estate investments. He made a significant portion of his fortune by cofounding a hospice provider that was later sold for $406 million. Following this success, Don Gaetz turned his attention to politics and real estate, serving in the Florida legislature and building a real estate portfolio focused primarily in Florida, with some properties in Wisconsin and New York.

One of the most notable properties in the Gaetz family’s portfolio is the house from the movie “The Truman Show,” which Don Gaetz purchased in 1991 for $125,000. The 2,100-square-foot home is now valued at $3.7 million and has undergone renovations over the years. Other properties owned by the family include waterfront estates in Panama City and Niceville, as well as a New York City apartment worth $750,000. Matt Gaetz, the congressman and Don Gaetz’s son, has also purchased and sold properties near his father’s home base in north Florida, further expanding the family’s real estate holdings.

In addition to residential properties, the Gaetz family also owns several vacant lots in Florida, including a half-acre parcel on the beach in Santa Rosa Beach. Don Gaetz’s company, Treveron Inc., holds multiple vacant lots in Walton, Santa Rosa, and Okaloosa counties, which were acquired from Matt Gaetz in 2016. Matt Gaetz, before becoming a congressman, invested in various properties in Santa Rosa County and other locations in north Florida, starting at a young age. The family’s real estate investments also extend to Wisconsin, where Don Gaetz owns a plot of land on Washington Island that he acquired through a foreclosure in 1993.

Overall, the Gaetz family’s real estate empire showcases their extensive investment interests across multiple locations, with a focus on luxury homes, vacant lots, and even properties with historic significance. Despite facing scrutiny and investigations related to alleged misconduct and ethics violations, the family continues to maintain and expand their real estate holdings, demonstrating both financial success and a continued interest in property investment. The diverse range of properties owned by the Gaetz family reflects their longstanding presence in the real estate market, with a combination of residential, commercial, and vacant land investments contributing to their overall wealth and portfolio diversity.

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