The Real Deal Miami

Palm Beach mansion sells for $5.3M

November 30, 2009 05:08PM

After renovating their lakefront house, David and Kay Jenkins sold the property at 1342 N. Lake Way. Joseph and Nancy Sambuco bought the five-bedroom house for $5.338, down from its original $6.9 million listing.  Pamela Miller, an agent with Bradford P. Miller Real Estate, represented the buyers. The Jenkins bought the house in 2004 and paid $5.4 million. Appraisal records put its value at $10 million in 2008.  [Palm Beach Daily News]