Categories: SPORTS

Tom Brady’s $22,500,000 former Tampa Bay rental to be demolished: report

Tom Brady signed with the Tampa Bay Buccaneers in March 2020. When he moved to Tampa from Boston, he rented Derek Jeter’s oceanfront home in Tampa’s exclusive Davis Islands neighborhood. Tom Brady bought his home before his second season, and Jeter decided to put the house on the market since he now lives in Miami.

The 7-bedroom, 16-bathroom home sold in 2021 for $22.5 million, making it one of the most expensive homes ever sold in Tampa. The new homeowner’s identity is unknown, but he applied for a permit from the city of Tampa to demolish the home.

The 22,000-square-foot home will now be replaced with a 30,000-square-foot property. Construction of the home will begin in early 2024 and will take three years to complete. The home’s location is well known to Tampa residents. It offers pristine views of downtown Tampa while also being visible to passing boaters on local waterways.

Jeter purchased the two parcels of land on which the home sits in 2005 for $2.3 million. He subsequently built the 22,000-square-foot home and spent the Major League Baseball offseason there. The home is just a few miles from the New York Yankees spring training facility, which happens to be across the street from the Tampa Bay Buccaneers’ Raymond James Stadium.

How much is Tom Brady’s new Miami home worth?

As Tom Brady was adjusting to his new life in Florida, he purchased land in Miami for his family’s dream home. Located on secluded Indian Creek Island, the home is known to many as the “billionaire bunker.” The community has over 30 homes and has its own private security and 18-hole golf course.

Brady originally purchased the property with his now ex-wife, Gisele Bundchen, and began renovating it. After their amicable divorce in October 2022, Brady kept the property while Bündchen purchased his own property nearby.

Brady’s home is worth an estimated $17 million and comes with a host of amenities. The home has five bedrooms and five bathrooms and is built using sustainable building materials. The home has a separate pool/guesthouse with a gym.

What is Tom Brady doing now?

The seven-time Super Bowl champion didn’t rest on his laurels after retiring. Instead, he’s making multiple investments to keep the cash flowing in.

2023 WNBA Finals – Game 1

Brady invested in the Las Vegas Aces earlier this year and was officially confirmed as a minority owner of the team last month. Additionally, he owns a similar stake in the Las Vegas Raiders, although he has not yet been confirmed as part of the ownership group.

He also signed a $375 million deal with Fox to join the broadcaster starting in 2024.

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