09-05-2025
Billionaire with ties to Trump lists lavish Florida mansion for $44M — featuring a 2-story patio
A billionaire with ties to President Donald Trump is looking to part ways with his Florida mansion for $44 million.
Don Hankey, known as 'the king of the subprime car loan,' is selling his extravagant Florida residence, Mansion Global reported. Hankey made headlines in 2024 when he put up a $175 million appeal bond for Donald Trump in his New York civil fraud case.
Hankey paid $29.5 million in 2021 for the 11,000-square-foot home, according to Property Shark records. In addition to an address in the tony town of Highland Beach, near Boca Raton, the property comes with 120 feet of valuable beachfront.
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10 Don Hankey, chairman of Westlake Financial Services.
AP
10 Hankey's modernist beachfront home illuminated at dusk.
Jad Esmail/Samantha Curry
The sleek mansion features a massive double-decker patio and an infinity pool — recently installed by Hankey for $250,000 — and a 3,000-square-foot skydeck.
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'It's the kind of home that instantly makes you feel like you're at a five star resort,' the property's listing agent, Douglas Elliman's Samantha Curry, said in a statement.
The home boasts modernist details like lava stone floors and walls, a floating stone fireplace and a living green wall. The listing includes seven bedrooms and nine bathrooms, as well as two kitchens, a screening room, a spa and a six-car garage.
10 The property spans 11,000 square feet.
Jad Esmail/Samantha Curry
10 Many rooms boast sea views.
Jad Esmail/Samantha Curry
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10 A dining area and a glass wine cellar.
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10 The sitting area near the living wall of greenery.
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10 The plush theater room.
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10 A bedroom.
Jad Esmail/Samantha Curry
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The primary suite is particularly impressive, featuring a personal gym, a wet bar, an oversized marble bath, a terrace with a hot tub and a glass-enclosed office.
Hankey, 81, made his fortune through his Los Angeles-based auto services empire. The $25 billion Hankey Group includes a real estate firm; a Toyota dealership; and auto insurance, rental car and dealer software companies, according to Forbes. His Westlake Financial Services works with more than 50,000 car dealerships across the country to give auto loans to buyers with bad or no credit, the outlet reported.
The billionaire made headlines in 2024 when he put up a $175 million appeal bond for Donald Trump in his New York civil fraud case.
Westlake Financial Services has twice settled legal battles of its own, first in 2017 and and 2022, when the Department of Justice filed complaints over the subprime auto lender's alleged violation of a law that protects military personnel from foreclosure and repossession.
10 The $44 million property comes with 120 feet of beach.
Jad Esmail/Samantha Curry
10 Median sales in the Highland Beach market surpass $1 million.
Jad Esmail/Samantha Curry
Hankey is exiting the Highland Beach market at a prosperous time for the enclave, where the median sale price in February was $1.2 million in February, according to data from Redfin.
'It's an exceptionally rare multigenerational estate — homes of this caliber and scale rarely become available in the Highland Beach market,' Curry said.
