Plans: Donald Trump (left) sold his 33,000-square-foot home in Palm Beach for $95 million to Russian fertilizer mogul Dmitri Rybolovlev (right), who now plans to tear it down
Some suspect that Rybolovlev may be planning to dividing up the lot into several beachfront lots.
'It’s clear that the house will be leveled by the end of the year,' the source said.
Trump purchased the home in 2004 in $41.4 million from nursing home tycoon Abe Gosman.
The real estate mogul spent two years renovating the Florida home and then put it back on the market.
Gorgeous: The home sits on a 6.26-acre property, including a 475-foot-long beach
Sale: Donald Trump originally bought the home in 2004 for $41.4 million
The sprawling 7 bedroom home had a garage that could accommodate 80 cars.
The decor included marble floors, bullet-proof windows, mahogany doors, giant skylights and a full-sized ballroom.
Trump, 66, enlisted help from realtor Kendra Todd, who had won season three of his NBC show The Apprentice, to help marketing the gigantic property.
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