Saturday, September 20, 2008

'Dan Marino takes loss of $600,000 on house'

Miami Herald story here.

Even celebrities aren't immune to the pitfalls of South Florida's real estate market.

Hall of Fame quarterback Dan Marino sold his Parkland house for $2.35 million, or $600,000 less than what he paid for it in 2005, Broward property records show.

The 9,286-square-foot house with seven bedrooms and 9 ½ baths was bought by David L. Spiller last month.

Marino and his wife, Claire, had listed the house for sale for $4.65 million two years ago. They later dropped the price to $3.5 million but still got no takers. In February, the couple auctioned the property, but no one met the lowest price the Marinos were willing to accept. . . .

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