Friday, May 25, 2018
Business

Power broker Bill Edwards wants $4.9 million for Treasure Island mansion

TREASURE ISLAND — St. Petersburg power broker Bill Edwards is looking to sell one of his half-dozen Tampa Bay homes, a tony Treasure Island mansion now on the market for $4.9 million.

The 7,000-square-foot waterfront estate boasts marble floors, a deep-water boat lift and a chandelier by glass sculptor Dale Chihuly. Edwards, who listed the Boca Ciega Bay home last week, bought it in 1998 for $735,000.

Edwards' name is on five other homes across Pinellas County. His largest, at 12,000 square feet, Villa Terranova, is on the Snell Isle waterfront, a gleaming $9 million estate patrolled by guards.

Edwards, 69, has for years been Treasure Island's most high-profile persona. He launched the small beach town's chamber of commerce, owns two beach resorts there, and in 2009 bought the bankrupt Treasure Island Tennis & Yacht Club.

Also known for his music production group and mortgage firm, he has become a big name in St. Petersburg, where he runs the city-owned Mahaffey Theater and expects to spend $40 million on Sundial, a retooling of BayWalk.

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

 
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