Dozier A. Rowe and Carol R. Rowe sold a four-bedroom, four-bath home at 1223 S.E. 6th St. in Fort Lauderdale to George F. Marshall for $1.25 million on Aug. 28.

The 3,515-square-foot house was built in 2003.

The Rowes paid $939,662 for the property in September 2002.

Mr. Rowe has been the CEO of irasia.com, Ltd., an investor relations company in Sydney, Australia.

Prior to that, he was the CEO of Heartware, Ltd., He also held different senior positions for different companies including vice president and general manager of operations at Boston Scientific Corp.

Home sales in Fort Lauderdale dropped 40 percent in 2008 versus sales in 2007. The median sales price also dropped from $342,000 to $275,000 so far this year.

Address: 1223 SE. 6th Street
Buyer(s): George F Marshall
Seller(s): Dozier A Rowe and Carol R Rowe
Sale date: Aug. 28, 2008