Monday, May 21, 2018
Business

Davis Islands home sale, at $5.2 million, fetches Hillsborough's highest price so far this year

TAMPA — High-profile developer Joel Cantor sold his Davis Islands mansion Monday for $5.2 million, in what real estate agents are calling Hillsborough County's most expensive sale of the year.

The 8,500-square-foot waterfront home, where first lady Michelle Obama held a fundraiser last October, was listed for sale in June for $6.5 million, sales records show.

Cantor, 48, said he fielded three offers before selling the six-bedroom, seven-bathroom home to Richard Steeves, chief executive of British-based medical giant Synergy Health PLC. Steeves paid extra for the home's furnishings.

Developer of downtown St. Petersburg's Signature Place tower, Cantor built the Key West-style mansion in 2010, adding a chic "infinity-edge" pool, an ornate entry chandelier, a full outdoor kitchen and his own office wing, which he dubbed the "command center."

But Cantor said he chose to sell the palatial home because he wanted to spend more time at his "mountain hideaway" in Telluride, Colo., with his wife, Shannon, and four sons. He also owns a condo on St. Pete Beach near the Loews Don CeSar Hotel.

Over the past two years, the home played hotel to several wealthy renters, including New York Yankees player Alex Rodriguez, who stayed there during spring training.

Declaring the dollar "bipartisan," Cantor, a Democratic donor, also hosted renters at the home for four days during the Republican National Convention. The cost: $25,000.

Steeves' firm, which provides sterilization services to hospitals, bought Tampa-based SRI/Surgical Express in June. The company supplies sterile surgical gowns and instruments to nearly 500 hospitals and surgery centers across the country.

In moving from London, Cantor said, Steeves will have a chance to "really enjoy the sunshine," as the home sits on 200 feet of open waterfront.

According to Bloomberg Businessweek, Steeves is 50 and earns more than $1.4 million a year.

Drew Harwell can be reached at (727) 893-8252 or [email protected]

Comments
GasBuddy predicts plunge in summer travel, blames gas prices

GasBuddy predicts plunge in summer travel, blames gas prices

At least one gas price tracker expects rising fuel prices to sharply curtail summer travel. In a recent survey by GasBuddy.com, just 58 percent of motorists surveyed said they would take a road trip this summer, down 24 percent from last year. Just u...
Updated: 1 hour ago
Starbucks: You donít have to buy coffee to sit in our cafes or use our restrooms

Starbucks: You donít have to buy coffee to sit in our cafes or use our restrooms

Starbucks is now allowing people to use its restrooms and sit in its cafes and patios even if they do not buy anything.The coffee giant on Saturday announced its new policy, which says that customers, including those who did not make a purchase, can ...
Updated: 3 hours ago
Camping without the hassle: New service rents you all the gear you need, plus the car

Camping without the hassle: New service rents you all the gear you need, plus the car

One day in April, I returned from a camping trip - a quick 24 out of the city - and ran a load of laundry. Whatís more telling is what I didnít do.I didnít hose down a muddy tent, I didnít soak a shoddily cleaned pot, and I categorically did not empt...
Published: 05/19/18
Romano: Save your money, sports betting wonít be in Florida anytime soon

Romano: Save your money, sports betting wonít be in Florida anytime soon

It is the middle of the day and the beginning of the off-season at Tampa Bay Downs. That means the action is limited to simulcast wagering, and that means the televisions outnumber the bettors.The parimutuel industry is long past its heyday in Americ...
Published: 05/19/18
Son of Crabby Billís founder leaves complex legacy of troubled projects and good deeds

Son of Crabby Billís founder leaves complex legacy of troubled projects and good deeds

SOUTH PASADENA ó Like his father, who founded the Crabby Billís seafood restaurant chain, John Loder Sr. had a larger-than-life personality. That was one reason he dived into the real estate business, becoming a well-known, if at times controversial ...
Updated: 1 hour ago
Global Tampa Bay initiative seeks to grow direct foreign investment through expanded regional teamwork

Global Tampa Bay initiative seeks to grow direct foreign investment through expanded regional teamwork

TAMPA ó A decade ago, the Great Recession put Hillsborough and Pinellas countiesí efforts to grow their foreign exports on hold.But since then those efforts have returned, gained support and momentum, expanded the range of their ambition and are now ...
Updated: 6 hours ago
Florida unemployment holds at 3.9 percent, state adds 9,600 jobs

Florida unemployment holds at 3.9 percent, state adds 9,600 jobs

Floridaís economy appears to have plateaued with its unemployment rate holding at 3.9 percent for the seventh straight month, according to the April report released Friday.But some economists say it may be a good thing if the rate doesnít fall much m...
Published: 05/18/18
Lawsuit over Riverwalk Place tower in downtown Tampa settled

Lawsuit over Riverwalk Place tower in downtown Tampa settled

TAMPA ó A lawsuit over the mix of residences and offices in the planned $350 million Riverwalk Place tower has been dropped.Last August, Riverwalk Tower Investment-Intown LLC, which had been expected to be one of the developers in the project, filed ...
Published: 05/18/18
Orlandoís new attractions power jump in theme park attendance

Orlandoís new attractions power jump in theme park attendance

By MIKE SCHNEIDERORLANDO ó The arms race to build new theme park attractions in Orlando is paying dividends. A new report released this week shows theme park attendance at the largest parks in North America last year was up 2.3 percent, powered by ne...
Published: 05/18/18
How Mosaicís relocation could help Tampa International Airport land a flight to Brazil

How Mosaicís relocation could help Tampa International Airport land a flight to Brazil

Tampa International covets a nonstop flight to S„o Paulo, Brazil. Mosaic Co, which is moving its headquarters to Hillsborough County, has huge holdings in the country, including several mines. Could Mosaicís relocation help TIA realize its dream? It ...
Published: 05/18/18