Derek Jeter Takes $22.5M for Tampa Mansion Rented to Tom Brady

Published: May 22, 2021 | By: American Luxury Staff

St. Jetersburg has a new owner. This spring, retired Yankees shortstop Derek Jeter rode the crest of a post-COVID, post-Manhattan and post-California Florida luxury real estate wave when an offer of $22.5 million was submitted for his custom-built limestone waterfront manse.

Considering the length of the project and the cost of it as well, Jeter’s stay at the Tampa Bay property may well be considered a very short stop indeed. After much wrangling with zoning and justifiably annoyed neighbors, the massive trophy home finally saw completion in the early part of the last decade; Jeter purchased the multiple lots occupied by the rambling 22,000 square-footer around the middle of the decade before, according to The New York Times. A considerable investment of time was involved in simply bringing the project from inception to completion.

Back in the spring of last year, Jeter rented the place to football hero Tom Brady, who had just signed a $50 million deal with local boys the Tampa Bay Buccaneers. At the same time, the home went on the market for $29 million. The home theater, clubroom with wet bar, and 9,000 sq. ft. outdoor living area likely made Brady’s down time enjoyable. Other amenities in the home include a separate wing for an au pair.

As for Jeter, well, the sale couldn’t have been timed much more auspiciously. Only a few weeks ago, the baseball legend signed on the line and handed over $16.6 million for 1.9 undeveloped acres on a prime waterfront slice in Coral Gables. And, yes, the land was sold with plans for a 20,000 sq. ft. mansion. Jeter seems to enjoy erecting architectural statements, so round two will likely begin soon.

It’s unclear whether Brady has moved out. Assuming his tenancy ends with the sale, he might be seen scooting away aboard his Wajer 55 S yacht as he awaits delivery of his new Wajer 77 yacht.

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