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Tom Brady’s former Tampa mansion sells for $9.65 million after price cut

By · Via Times of India · Published by Everything Blog

In short

The six-bedroom estate at 588 Riviera Drive originally entered the market in 2022 boasting a rooftop terrace, wine cellar, and private water access. After an initial reduction brought the price to $12.5 million, the owners attempted to lease the residence for $60,000 per month in early 2023. County property records confirmed the off-market purchase was officially finalized on January 4, 2024. The estate later drew renewed interest in 2025 when local reports indicated it had re-entered the market and hosted commercial shoots.

Key points

  • Tom Brady was strictly a renter at the residence and did not absorb any financial losses…: Tom Brady was strictly a renter at the residence and did not absorb any financial losses from the sale.
  • The luxury home features six bedrooms alongside private water access, a wine cellar, and…: The luxury home features six bedrooms alongside private water access, a wine cellar, and a rooftop terrace.
  • According to the Tampa Bay Observer, the waterfront estate returned to the real estate ma…: According to the Tampa Bay Observer, the waterfront estate returned to the real estate market in 2025.

Sources checked by our analysis pipeline: 1

Tom Brady's former Tampa residence experienced a dramatic shift in its real estate journey after the NFL legend moved on. The waterfront property once carried a $14 million asking price, but a lack of buyers forced a price reduction. It was later offered for rent at $60,000 per month before finally selling for $9.65 million in January 2024. The figures tell an interesting story about the challenges of selling luxury homes, even when they have a famous name attached to their history.

Tom Brady's former Tampa mansion struggled to attract buyers

Located at 588 Riviera Drive on Davis Islands, the waterfront property became associated with Brady during his time with the Tampa Bay Buccaneers. The quarterback and his family lived there after relocating to Florida in 2020. However, the house was not owned by Brady. He was a tenant, and the property's later sale was a transaction involving its owners.

The six-bedroom residence first entered the market in 2022 with an asking price of $14 million. Its location, waterfront setting and luxury features made it an attractive listing. The property…

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