Home / Tampa Bay’s New Most Expensive Home

Tampa Bay’s New Most Expensive Home

Please Share...Print this pageTweet about this on TwitterShare on Facebook0Share on Google+0Pin on Pinterest0Share on Tumblr0Share on StumbleUpon0Share on Reddit0Email this to someone

Tampa Bay’s Most Expensive Home, 2004. Photo courtesy the St. Petersburg Times.

Tampa Bay’s most expensive home used to be the one listed for $14.5 million in beautiful Belleair. You recall, the beautiful waterfront estate home with a highly unique design and fabulous views, and very lush grounds. Well, it’s no longer the most expensive home in Tampa Bay, so it may soon look like a bargain to some luxury estate home shoppers.

Tampa Bay’s New Most Expensive Home, 2005. Photo courtesy the St. Petersburg Times.

The latest most expensive home located here in Tampa Bay hails from Sarasota. This absolutely lovely home located right on a beautiful beach front with lush tropical surroundings is listed for $20 million, according to this recent St. Petersburg Times article from TampaBay.com. The home has a total of 27,000 sq. ft. on 2 lovely acres right on beautiful Casey Key, about an hour or so South of St. Petersburg. Here’s more:

Here’s what you’ll get for $20 million:

27,000 square feet under roof on 2 acres stretching from the Gulf of Mexico to Little Sarasota Bay. The house has a sugar-white beach out front and a covered boathouse in back. The home and adjacent guest cottage have eight bedrooms, 111/2 baths and a master suite with his and her bathrooms – plus a sunset room.

Fitness center with indoor lap pool.

Home theater with seating for 10.

Poker room.

15-car garage.

The Har-Tru clay tennis court, behind the resort-sized pool and next to the stone chess set and putting green, is self-watering.

The wine room with walk-in cooler can accommodate 2,500 bottles from vintage years.

The kitchen, which is about the same size as the average Florida tract home, has a breakfast nook with a glass ceiling that seats 12, two Sub-Zero refrigerators, two Viking stoves and two sinks.

Who buys homes like these two fabulous luxury estate homes that happen to be the most expensive homes here in Tampa Bay? According to the Times article:

— 31 percent pay cash

— 68 percent are considered “new money”

— No.1 profession: “large business executives”

— 67 percent are “baby boomers” (between ages of 35 and 55)

— 88 percent are married

— Top priority: designer kitchens

— 89 percent want four or five bedrooms

Source: Coldwell Banker, 2003

The article did forget to mention, though, that people who buy homes like these typically have fabulous taste, they know a great real estate investment when they see one and they also love to entertain.

John Mudd, “Mr. Real Estate”


Powered by

About Mr. Real Estate

  • Conspicuous consumption from The Great Gatsby?

    Paid cash! Could they dabble in putting some money in the washing machine?

  • I would submit that no one who would buy a 27,000 square foot house is possessed of fabulous taste. There is nothing tasteful about ostentation.

  • I would say that’s a matter of personal taste, and everyone’s taste differs. Some people do need more space than others, though. Some people will consider this home as their primary residence, while others may consider it as a second home. In New York, a home like this one would cost somewhere closer to $70 million, rather than just the $20 million price tag on it here in Florida.

  • seth

    This house is not on Tampa Bay and is actually about 1.5 hours south of Tampa Bay. My grandparents built a 1000sf home on 2 acres on Casey Key in 1952 and furnished it for the grand total of $12,000! These big monster homes have just ruined the atmosphere of that little island….though I am still glad to own the real estate!

  • Sarasota is considered part of the Tampa Bay area to a large number of people, especially to folks who commute to Tampa to work every day from Sarasota.