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South Florida

Palm Beach home sells for $7.45M

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A home at 416 Brazilian Avenue, on the site of a 2008 fire, has been sold
for $7.45 million, according to a warranty deed filed in the Palm Beach
County Clerk’s office. The home, which was recently completed, was sold
by developer David Frisbie’s limited liability corporation to Howard
Veltman, acting as trustee of a Michigan-based trust. [Palm
Beach Daily News]