The Real Deal Miami

Frisbie sells Palm Beach home for $29M

Land trust purchased the waterfront estate
By Katherine Kallergis | October 02, 2018 01:30PM

219 Indian Road and Suzanne Frisbie (Credit: Frisbie Real Estate)

UPDATED, 5:55 p.m., Oct. 2: The Frisbie family sold a recently built waterfront estate in Palm Beach to a land trust for $28.6 million, property records show.

David, Richard, Kristine and Robert Frisbie sold the waterfront mansion at 219 Indian Road to the 219 Indian Road Land Trust, which is controlled by attorney Paul Krasker. The 9,301-square-foot home was designed by Roger P. Janssen and features a pool, detached garage, outdoor living room, balconies and dock.

219 Indian Road (Credit: Frisbie Real Estate)

The 1-acre property, with 120 feet on the Intracoastal Waterway, last sold for about $4.5 million in 2013. The estate was completed by Benitz Construction in 2016.

219 Indian Road (Credit: Frisbie Real Estate)

Suzanne Frisbie of the Corcoran Group Palm Beach represented both sides of the deal. She declined to comment on the buyer.

219 Indian Road (Credit: Frisbie Real Estate)

In 2016, the Frisbie Group sold a spec mansion next door at 225 Indian Road to an LLC controlled by attorney Curtis Shenkman for $32 million. That property is now back on the market with Suzanne Frisbie for nearly $35 million.

An earlier version of this story misidentified one of the sellers.