One of the Tampa Bay area's most expensive homes, once owned by former baseball star Derek Jeter, has become a puzzle.
asserted
One → own → Jeter
Derek Jeter's estate at 58 Bahama Circle stands exactly as it did when Tom Brady and Gisele Bündchen vacated it five years ago, except now it is owned by a cryptocurrency trust and no one is living there.
asserted
one → stand → trust
In 2022, construction crews were meant to tear down the mansion and build something bigger in its place.
asserted
crews → mean → place
The home is still standing untouched, and its future is as unclear as its ownership.
uncertain
future → stand → ownership
Long before it became one of Tampa's most exclusive celebrity homes, 58 Bahama Circle consisted of independent waterfront lots on Davis Island.
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Circle → become → Island
Derek Jeter’s company acquired three adjoining lots in 2005 and 2006 for about $7.7 million, according to a report by Mansion Global.
uncertain
company → acquire → Global
The asking price seemed steep for vacant land, but this was prime real estate: 345 feet of bay frontage on a man-made island minutes from downtown.
asserted
this → seem → downtown
The former New York Yankees captain decided to build a custom mansion on the waterfront parcel.
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captain → decide → parcel
Construction took four years.
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Construction → take → years
By 2012, the 22,000-square-foot mansion stood alone as Davis Islands' largest property.
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mansion → stand → property
The compound included seven bedrooms, a wine cellar, a movie theatre, six-car garage, gym, dock with boat lifts, and an 80-foot pool.
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compound → include → lifts
A six-foot brick wall surrounded the mega-mansion, with frustrated neighbours nicknaming it the Great Wall of Jeter.
asserted
neighbours → surround → Jeter
For nearly a decade, the mansion sat there.
asserted
mansion → sit → decade
In 2017, Jeter moved to Miami, leaving the half-occupied home.
asserted
Jeter → move → home
At the same time, Tom Brady needed a place to live.
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Brady → need → place
In April 2020, Brady signed with the Tampa Bay Buccaneers and needed immediate housing.
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Brady → sign → housing
He called Jeter, and they negotiated a rental arrangement that let Jeter list the place for sale while Brady lived there with his supermodel wife, Gisele Bündchen, and family.
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Brady → call → wife
The quarterback even joked about it once, calling Jeter his landlord.
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quarterback → joke → Jeter
Soon, Brady won a Super Bowl, and the mansion became the talk of the town.
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mansion → win → town
Record-breaking sale and demolition plans
Pic credit: Realtor.com
By the end of 2020, Jeter listed the property for $29 million.
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Jeter → break → million
There were potential buyers, but many thought the price point was high.
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point → be → ?
The mansion stayed on the market through 2021 until finally, in May, an offer came.
uncertain
offer → stay → May
It was the highest price ever paid for a residential property in Tampa.
asserted
It → pay → Tampa
But nobody knew the buyer's name.
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nobody → know → name
It never appeared in public records.
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It → appear → records
Instead, a trust called 'Zebb.com Trust' took the title.
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trust → call → title
The mysterious new owner, whoever they were, had grand plans.
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they → have → plans
According to a report by the Tampa Bay Times, a demolition permit was filed by a construction firm.
uncertain
permit → accord → firm
The plan was to tear down Jeter's mansion and build something even larger: a 30,000-square-foot residence designed for a local family.
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plan → tear → family
The proposed house was designed to have six bedrooms, nine full bathrooms and 11 half-bathrooms, along with a gym, swimming pool and substantial green space.
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house → propose → gym
Construction was expected to take several years.
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Construction → expect → years
It was supposed to start in 2024.
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It → suppose → 2024
The demolition permit expired in 2023.
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permit → expire → 2023
No new permits followed.
asserted
permits → follow → ?
The mansion remains standing, as though frozen mid-transition.
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mansion → remain → transition
Pic credit: Realtor.com
What happened here remains a mystery.
asserted
happened → happen → ?
Ellison Construction hasn't filed renewed permits in the three years since the first one lapsed.
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one → file → years
According to the outlet, public records from Hillsborough County list no activity on the property beyond routine tax matters.
uncertain
records → accord → matters
In 2023, local entrepreneur Sidd Pagidipati and his wife registered the address as their primary residence, which entitled the trust to a homestead tax exemption.
asserted
which → register → exemption
But they haven’t spoken about what happens to the mansion.
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what → speak → mansion
…and 2 more, not listed.