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1040 Eldorado Avenue

Updated Oct 26, 2026

SOLDSingle Family

Hulk Hogan’s Beachfront Mansion In Clearwater Beach Sold For $5.9M With Christine Mastrilli And Martha Thorn As Representatives

1040 Eldorado Avenue

$5,900,000

$1,162/SF

Building Size

5,074 SF

Asset Type

Single Family

Closing

Oct 23, 2026

About this deal

AI

The property located at 1040 Eldorado Avenue in Clearwater Beach, FL, is a single-family home that encompasses 5,074 square feet. The sale price was $5,900,000, translating to a price per square foot of $1,163. This transaction took place as part of a larger deal, where the neighboring cottage sold for an additional $2.8 million, bringing the combined sale price for both properties to $8.7 million.

Summary of transaction details:

The transaction marks the sale of Hulk Hogan’s longtime beachfront mansion, which was initially listed at $10.989 million, reflecting a significant reduction in price. Christine Mastrilli represented the buyer while Martha Thorn represented the seller in this deal.

On the Map

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$5,900,000

$1,162/SF

Single Family

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Players

Martha Thorn

Coldwell Banker

Broker

$6M

vol

1 deal

Broker
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Clearwater Beach Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $5.9M for 5,074 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.69%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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