This decision, which came down without a jury, has sent shockwaves through political — and real estate — circles, especially that $18 million base value for the property.

One prominent Palm Beach real estate broker, speaking on the condition of anonymity, told The Post, “It’s utterly delusional to think that property is only worth $18 million.”

The insider added, “If that property were on the market today, I would list it at around $300 million, minimum … at least. He also has the separate golf course minutes away.”

[This is completely absurd, and it might end up resulting not just in a reversal on that point but a very close look at how Judge Arthur Engoron is conducting the trial on the other issues. — Ed]