Rush's ex doing all right – in real estate
October 08, 2006
Thanks to her 10 years of marriage with hard-right radio talker Rush Limbaugh, former aerobics teacher and Limbaugh groupie Marta Maranda has become quite the little real estate mogul.
Within months of their December 2004 quickie split, Maranda, 46, suddenly owned nearly $13 million in properties — mostly a $9 million job in Palm Beach deeded to her by Limbaugh, and a $3.6 million place in Coral Gables bought with cash.
Now, bucking the real estate downward spiral, Maranda has grown her empire by 50 percent.
Earlier this year, she sold the Palm Beach place, a five-bedroomer on Caribbean Road near Limbaugh's $35.5 million compound, for $12.5 million, according to county records. And last month, she unloaded the Coral Gables joint for $4.7 million.
She flipped some of the money into an $11.5 million mansion on Jupiter Island, just two blocks south of links king Tiger Woods' new digs, another Miami condo bought for $647,000 and a $435,000 house at Maplewood, Jupiter.
Because of confidentiality agreements, no one who knows details about the divorce — Limbaugh's third — is allowed to talk about it. In late December 2004, Limbaugh and a lawyer traveled to Key West to file for divorce. Within hours, the deed was done, and the settlement sealed.
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