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A new two-story Midtown home built at 416 Brazilian Ave. on the site of a 2008 house fire that killed a man has sold for $7.45 million, according to a warranty deed recorded Monday.
The recently completed Dutch Colonial-style house was sold by an entity named 416 Brazilian Avenue LLC to Howard Veltman, acting as trustee of the “Lisa M. Saur Gift Trust dated Dec. 15, 2005” based in Ada, Mich., according to the deed filed last Wednesday.
Developer David W. Frisbie of Palm Beach, who built the house, incorporated the limited liability company that sold it.
On May 5, 2008, a midday fire devastated the 1920s-era house that stood on the lot, then owned by James Hunt “Jimmy” Barker, a longtime Palm Beach art dealer. James Heyman, who lived in the house with Barker, died in the blaze, along with one of Barker’s spaniels.
Frisbie worked closely on the new home’s design with architect Roger Janssen, who said he has worked with the developer on other projects. The house was designed as a holiday home for a Frisbie family member with the idea that it could also be sold on the open market, said Suzanne Frisbie, David Frisbie’s wife.
Janssen, principal of Dailey Janssen Architects in West Palm Beach, said, “We always think of the two scenarios. It’s a custom home that happened to sell.”
The Frisbies live in a residence they built a few years ago on Worth Avenue.
On June 15, 2009, more than a year after the fire, Barker had his uninhabitable house razed, after he had been assessed more than $45,000 in fines by the town’s Code Enforcement Board. The town maintained that it had the right to demolish the house if Barker did not do so.
Two days later, Barker sold the property to David Frisbie for $1.5 million, according to Palm Beach County property records. The next month, Frisbie transferred ownership of the lot through a “quit claim” to the limited liability company listed on the deed recorded this week.
The lot was appraised as of Jan. 1 at about $2.58 million, according to records at the county Property Appraiser’s Office.
The new house was built by Davis General Contracting, also of West Palm Beach, Janssen said.
Frisbie is a principal of Renaissance Partners in West Palm Beach. His wife is a real estate agent with Corcoran Group’s Palm Beach brokerage.
Among the couple’s recent Palm Beach residential projects is their residence at 439 Worth Ave. In early 2007, the Frisbies sold a home they had built several years earlier on Indian Road for nearly $11.4 million, according to property records.
Barker had purchased his house in 1973 with Kenneth Douglas. The house had been designed by noted society architect Marion Sims Wyeth for Trevette Lockwood, Palm Beach’s town manager at the time.
Douglas transferred his interest in the house to Barker after the fire, which investigators labeled accidental, likely caused by a problem with electrical wiring.
Barker was not at home at the time of the blaze. Heyman died of smoke inhalation, and his body was found in an upstairs bedroom.
Barker’s code-enforcement fines eventually totaled $51,130 and were paid with money held in escrow as part of the sale of the Brazilian Avenue property to Frisbie, said attorney Maura Ziska, who represented Barker.