| By Josie Gulliksen 
| Posted Feb 11th 2011 3:29PM 0 Comments ∨ 
The Rock is rocking and rolling in the troubled Florida real estate market. Dwayne "The Rock" Johnson, the former University of Miami football player turned Hollywood action hero, motivational coach, and funnyman in movies, can add real estate investor to his varied resume. Johnson sold his home in Davie, Fla., for $1.18 million, below its $1.54 million asking price, but with plenty of upside to spare.Johnson purchased the house in 2000 for $419,000.
"Dwayne has several properties both in Florida and California and may just be disposing of some assets," Realtor Marsha Edwards told AOL Real Estate. "The timing is right, and he got out with a huge profit."
Located in Davie, Fla.'s upscale Emerald Isles Estates development, the 8,231-square-foot#mini_module {width:265px;height:220px;border:none;float:left;margin:10px;font-size:12px;} #mini_module img {border:none;width:265px;height:131px;border:none;margin:0px;} #mini_module .mini_title {margin:0px;padding:0px;width:265px;height:131px;} #mini_module .mini_main {margin:0px;padding:0px;width:265px;height:85px;background: transparent url(http://www.aolcdn.com/travel/bg-short)} #mini_module .mini_item {padding:12px 0px;margin:0px 20px;border-bottom:1px dotted #CCCCCC;} #mini_module a {color:#49A3CA;text-decoration:none;} #mini_module a:hover {color:#F98419;text-decoration:underline;}
See photos of homes for sale in your area and across the country on AOL Real Estate lakefront property is loaded with amenities. The 5-bedroom, 5-bath ranch-style home features stucco construction and a barrel-tile roof. The master bedroom has a separate tub and shower, whirlpool spa and dual sinks all of imported marble and granite.The chef's kitchen is a combination of glass cabinets, wood pantry, breakfast area with a window view, glass top snack bar and counter, granite countertops and stainless steel appliances.
A wide-open floor plan gives the home a natural flow from the foyer to the dining room with elegant crystal chandelier, wood details and French doors leading out to the pool area. The den and family room is a wide open space with custom made entertainment center, large French style windows and marble floors.
The state-of-the-art home theater features comfortable red leather theater-style seating for eight while the spacious yet cozy studio/office features wall-mounted shelves, a comfortable seating area and French window.
Finally, the pool area with marble patio deck, stainless steel gas grill, lakefront view, shady palm trees, hot tub and enough room for a great oudoor party completes the home's grandeur.
Click here to find home listings in Davie, Fla.
For more on mortgages and related topics see these AOL Real Estate guides:
Stop Foreclosure Scammers Before They Scam YouHow to Get a Low Mortgage RateMortgage Jargon in Simple TermsHow Much Home Can I Afford?How to Buy ForeclosuresClosing Costs: How Much to BudgetGuide to Settlement and Escrow
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Tags: Broward County, Celebrity real estate, davie florida real estate, dwayne the rock johnson, florida real estate, the rock @import url(http://cdn11.surphace.com/widgets/sphereit/css?siteid=aol_realestate&v=20);Powered by SurphaceRelated Articles from AOL Real EstateSpringsteen Drummer Sells L.A. Home, Heads for Jersey10 days agoUnemployed Homeowners: EHLP Is on the Way15 days agoCould Giant Missouri Estate Be Brangelina’s New Home?17 days agoJoey Lawrence Drops Price of Encino Home23 days agoMore from Our PartnersDanMar Manor, Estate of the DayLuxist–30 days agoChinese Property Shares Sink on Overpriced Home PricesDailyFinance–64 days agoThe 2011 Housing Market Outlook: Unsettled, Underwater and UnsoldDailyFinance–67 days agoWinona Ryder In Los Angeles, Estate of the DayLuxist–112 days ago Add Your CommentsNew UsersReturningAIMFirst time? A confirmation email will be sent to you after submitting.
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