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Reynolds drops price of Jupiter Island home

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Actor Burt Reynolds has shaved 30 percent off his asking price for his waterfront property in southern Martin County, now listing the Mediterranean-style home on broker Robert H. Kairalla's JIC Realty's Website for only $10.5 million.

It's the second time the price has been reduced from the initial asking price of $15 million two years ago. Reynolds bought the land for $700,000 in 1980.

The 3-acre property overlooking Jupiter Island includes the 5-bedroom main house with a billiards room and home cinema, large yacht dockage and a private two bedroom guest house.

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