Fris­bie Group sells In­dian Road home for $28.63M

It’s one of three ad­ja­cent houses with docks on the in­let the fam­ily has de­vel­oped.

Palm Beach Daily News - - FRONT PAGE - By DAR­RELL HOFHEINZ

A two-year-old house fac­ing the in­let at the north­ern tip of Palm Beach has changed hands for $28.63 mil­lion in an off-mar­ket sale, ac­cord­ing to a deed recorded last week.

The house at 219 In­dian Road was de­vel­oped by the Fris­bie Group real es­tate in­vest­ment com­pany and was home to one of its prin­ci­pals, Robert Fris­bie Sr., and his wife, Kris­tine “Kim” Fris­bie. They have moved next door into a never-lived-in house also de­vel­oped by Fris­bie Group.

The Fris­bies signed the deed of sale for No. 219 along with Robert Fris­bie’s two brothers — Richard D. Fris­bie of Hobe Sound and David W. Fris­bie of Palm Beach — as co-own­ers.

They sold the house to West Palm Beach at­tor­ney Paul A. Krasker as trus­tee of

Photo by CJ Walker Pho­tog­ra­phy, cour­tesy Fris­bie Group

The rear of 219 In­dian Road faces about 119 feet of in­let wa­ter frontage with a beach.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.