Candida Burnap Acquires Palm Beach House For $13M
271 La Puerta Way
4,550 SF
Summary
A Palm Beach house located at 271 La Puerta Way has recently been sold for $13 million. The property, a British Colonial-style residence, sits on an expansive lot measuring approximately 0.29 acres. With a total area of 4,550 square feet, the single-family home offers ample space for its residents. This sale marks a significant increase in value since its last transaction in November 2020, when it was purchased for $6.865 million.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $13,000,000
- Address: 271 La Puerta Way, Palm Beach
- Market: Palm Beach
- SF: 4,550
- PPSF: $2,857
The property was acquired by Candida "Candy" Burnap, a long-time Palm Beach resident. This purchase underscores the continued surge in property values in the area, driven by heightened demand and the influx of out-of-state buyers seeking favorable conditions in Florida.
Ashley Deflin McIntosh of Douglas Elliman represented Candida Burnap as her buyer's representative in the transaction. On the other hand, Suzanne Frisbie of The Corcoran Group acted as the seller's representative, representing the interests of Jack and Cheryl Fockler.
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