Leavitt Purchased Florida Property Following White House Exit
Former press secretary Karoline Leavitt has added a Florida home to her family's real estate holdings.
Updated on Sept. 21, 2026 in Residential
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Former White House press secretary Karoline Leavitt has purchased a new property in Florida shortly after concluding her 20-month tenure in the role. Leavitt, who left the position in August 2026, confirmed the acquisition alongside plans for home renovations.
Why it matters
The purchase follows a shift in Leavitt's professional trajectory, as she transitions from a demanding federal role to serving as an outside adviser to Donald Trump. This move expands the family's real estate footprint, which includes a primary residence in New Hampshire and a portfolio managed by Nicholas Riccio.
The property addition complements a wider portfolio of approximately 15 properties held by Nicholas Riccio. This acquisition follows Leavitt's 20-month term as White House press secretary, which she left citing the demands of balancing her career with the needs of her two young children.
The players
Karoline Leavitt
A 29-year-old former White House press secretary who is transitioning to a role as an outside adviser to Donald Trump.
Nicholas Riccio
A 61-year-old investor who maintains a portfolio of approximately 15 properties.
Donald Trump
The current President of the United States who maintains Karoline Leavitt as an outside adviser.
The details
Leavitt, 29, and Riccio, 61, revealed the Florida purchase through social media updates in September 2026. The couple is now initiating renovations on the new home, managing this alongside their established primary residence in New Hampshire. Leavitt plans to continue her professional work as an outside adviser to Donald Trump while focusing on her family life with her children, Niko and Viviana.
Timeline
August 2026: Leavitt concluded her tenure as White House press secretary.
September 19-20, 2026: Leavitt publicly disclosed the Florida property purchase and planned renovations.
September 21, 2026: Leavitt shared additional details regarding the Florida residence on Instagram.
Money Landscape
The acquisition reflects a broader trend of households diversifying their residential holdings across multiple states as professional commitments shift. This move aligns with established patterns of real estate investment following changes in high-demand federal career paths.
For households evaluating property acquisitions in new states, it is essential to factor in the tax implications and maintenance costs associated with maintaining multiple residences. You should consult with a qualified tax professional to understand how additional property ownership impacts your overall financial planning.
The takeaway
When adjusting your real estate portfolio, consider the long-term impact on your household budget beyond the initial purchase price. Reviewing your tax exposure and estate planning strategy with a qualified financial professional is a prudent step when acquiring additional property.
Further reading
Learn more about the current market factors influencing homeownership at Residential.
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