Updated Oct 26, 2026
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:
- Property Type: Single Family
- Transaction Amount: $5,900,000
- Address: 1040 Eldorado Avenue
- Market: Clearwater Beach, FL
- Square Footage: 5,074
- Price Per Square Foot: $1,163
- Buyer's Representative: Christine Mastrilli - Compass
- Seller's Representative: Martha Thorn - Coldwell Banker
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
$5,900,000
$1,162/SF
Single Family
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Clearwater Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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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