Make us your home page
Instagram

Hulk Hogan downsizes into $3.3 million mansion on tony stretch of Clearwater Beach

Ex-wrestler Hulk Hogan, whose real name is Terry Bollea, has bought a mansion at 1040 Eldorado Ave. on Clearwater Beach.

JIM DAMASKE | Times

Ex-wrestler Hulk Hogan, whose real name is Terry Bollea, has bought a mansion at 1040 Eldorado Ave. on Clearwater Beach.

CLEARWATER — In the larger-than-life world of celebrity, consider this a downsize: Hulk Hogan has bought a mansion a third the size of his last estate.

The ex-wrestler, whose real name is Terry Bollea, sold his sweeping Belleair manor last month for $6.2 million, nearly $19 million below its initial asking price.

A week later, property records show, Bollea and his new wife, Jennifer, bought a 5,000-square-foot home 5 miles away on north Clearwater Beach. Purchase price: $3.3 million.

Bollea's 17,000-square-foot Belleair estate spanned 1.5 acres along the Intracoastal Waterway, with five bedrooms, eight full bathrooms, gym, tanning salon, hot tub, wet bar and a pool with waterfalls. The reality show Hogan Knows Best was shot there.

Though much smaller, the Bolleas' newest home at 1040 Eldorado Ave. still boasts an elevator, fireplace, pool and two spas. The home, built in 2009, looks out on an open expanse of secluded gulf beachfront.

Just south of the Carlouel Yacht Club and the gated millionaire enclave of Mandalay Point, the Bolleas' new neighbors may include Spanx founder Sara Blakely, a Clearwater native and billionaire, who recently bought $8.8 million of undeveloped land less than half a mile away.

The Bolleas bought their home from Jack Staples, a retired business executive who once owned the Maximo Marina, speedboat builder Donzi Marine and more than a dozen Mercedes cars. Staples and his wife, Judie, bought the home for $3 million in late 2010. Bollea and his ex-wife, Linda, once owned another home on Eldorado Avenue a mile south of Hulk's new digs. But in 2010, a year after their divorce, Linda Bollea sold the house, pocketing $1.65 million.

Contact Drew Harwell at (727) 445-4170 or dharwell@tampabay.com. Send letters to the editor at tampabay.com/letters.

Hulk Hogan downsizes into $3.3 million mansion on tony stretch of Clearwater Beach 05/08/12 [Last modified: Tuesday, May 8, 2012 7:44pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. New stores coming to Tyrone Square Mall, like Bath & Body Works

    Retail

    Tyrone Square Mall will welcome a half dozen new stores, like Bath & Body Works and MidiCi's The Neapolitan Pizza Company, this summer.

  2. Target Corp. reaches $18.5 million settlement with 47 states over data breach

    Retail

    Target Corp. has agreed to pay Florida $928,963 out of a newly-announced $18.5 million settlement over a huge data breach that occurred in late 2013.

    Forty-seven states and the District of Columbia have reached an $18.5 million settlement with Target Corp. to resolve the states' probe into the discounter's massive pre-Christmas data breach in 2013. 
[Associated Press]
  3. Gov. Rick Scott's family history of alcohol abuse could decide 'liquor wall' bill

    Legislature

    TALLAHASSEE — Gov. Rick Scott must decide Wednesday whether to let Walmart and other big-box stores sell liquor, and he says a factor in his decision is the history of alcohol abuse in his family.

    Florida Governor Rick Scott is considering a veto of a bill that would allow Walmart, Target and other big box retail stores to sell liquor. [Andres Leiva | Tampa Bay Times]
  4. Tampa lands Super Bowl in 2021

    Bucs

    TAMPA — Record rainfall in Los Angeles ultimately may end Tampa Bay's drought of hosting the Super Bowl.

    Mike Tomlin celebrates with LaMarr Woodley and Troy Polamalu after the Steelers beat the Cardinals in 


Super Bowl XLIII  on February 1, 2009 at Raymond James Stadium in Tampa. [Times files (2009)
  5. As St. Petersburg's Jabil Circuit broadens its business, it shrinks its name to Jabil

    Corporate

    St. Petersburg's Fortune 500 company, Jabil Circuit, informally tossed aside the "Circuit" in its name some time ago. That's because circuit board manufacturing, the company's core business for decades, has been squeezed out by a broader business agenda ranging from consumer packaging to supply chain management.

    Jabil Circuit informally dropped "Circuit" from its marketing material and signage, like at its St. Petersburg headquarters, years ago. Now it's official.
[Times file photo]