Monday, April 23, 2018
Business

Review of 10 most expensive Tampa Bay homes sold in 2011

They're rich and came from across the globe. Some brought fortunes to Tampa Bay. Others earned riches here. But 10 millionaires have one thing in common: They bought the most expensive mansions in the region last year, totaling $55 million. Some are young entrepreneurs; others are seasoned business professionals. Some work out of the public eye; others run large corporations. Some reside here full time; others only play here. Edeals.com founder David Abraham is the youngest buyer at 39. Harry Stonecipher, who headed McDonnell Douglas and Boeing, is the oldest at 75. Information could not be found on several owners who shielded the homes in trusts or limited-liability corporations. Hillsborough and Pinellas counties each recorded half of the sales. Here are snapshots of the priciest mansions and their owners.

$9 million

Snell Isle, St. Petersburg

Bought: April 26

Buyer: Bill Edwards

Basics: 12,412 sq. ft.; 5 bedrooms; 6 full baths; 1 half bath

Amenities: 380 ft. of waterfront, can accommodate 112-foot boat

Edwards, 66, has made millions refinancing VA loans with his mortgage company Mortgage Investors Corp. and now has an extensive music promotions business. He became a main player in downtown St. Petersburg in 2011. He won the city's bid to run the flailing Mahaffey Theater, snapped up the near-vacant BayWalk shopping complex for just $5.2 million and wooed country singer Martina McBride to an unprecedented charity concert at the waterfront Demens Landing Park. Edwards has pumped lots of private money into both the Mahaffey and BayWalk.

$8 million

Tarpon Springs

Bought: Jan. 3

Buyer: Lake Ridge Trust

Basics: 30,237 sq. ft.; 6 bedrooms; 8 full baths; 4 half baths

Amenities: Shark tank, 330,000-gallon swimming pool, 5,200-square-foot guest house, rock-climbing cliff

The largest mansion in Pinellas County finally sold after nearly four years on the market. Former NBA player Matt Geiger sold the 28,000-square-foot palace to Texas buyers. He originally listed the mansion for $20 million in 2007. The estate sits on nearly 28 acres. Only a few homes in the Tampa Bay area are bigger. Several people connected to the trust declined to comment.

$6.75 million

Hyde Park, Tampa

Bought: Sept. 1

Buyers: Harry and Carmen Barkett

Basics: 15,396 sq. ft.; 5 bedrooms; 12 full baths; 1 half bath

Amenities: Butler's pantry, full gym, juice bar, outdoor kitchen

Harry Barkett, 68, leads Tampa-based Amalie Oil, one of the largest independent manufacturers, marketers and distributors of lubricants and oil products throughout the United States and the world.

$5.5 million

Tierra Verde, St. Petersburg

Bought: Dec. 1

Buyer: Povalia Inc.

Basics: 8,105 sq. ft.; 5 bedrooms; 5 full baths; 2 half baths

Amenities: 30 ft. ceilings and window walls, sits on 1 acre, multiple kitchens

Pascal Payraudeau is listed as the corporation's president. Payraudeau is a high-ranking official at France's second-largest retailer, Leclerc. The chain operates 2,000 stores in six European countries and averages $50 billion a year in sales.

The corporation is also listed as the owner of two other nearby mansions. Povalia paid nearly $3.4 million in November for a 10,338-square-foot home and $5.6 million for a 10,236-square-foot estate in May 2008.

$4.5 million

Avila, Tampa

Bought: Oct. 31

Buyer: David Abraham

Basics: 9,788 sq. ft.; 6 bedrooms; 6 full baths; 3 half baths

Amenities: Gourmet kitchen, theater, wine room, grotto spa

Abraham, 37, bought the house from New York Yankees catcher Jorge Posada and owns Edeals.com, an online coupon site. The company publishes coupon codes for more than 10,000 online retailers. The site allows consumers to search for money-saving coupon codes before making purchases on other online sites, according to Edeals.

$4.1 million

Davis Islands, Tampa

Bought: Feb. 4

Buyers: R. Kyle and Michelle Bailey

Basics: 7,953 sq. ft.; 6 bedrooms; 6 full baths; 1 half bath

Amenities: Wine room, marble floors, three-car garage with a porte cochere

R. Kyle Bailey, 39, a trustee at the Tampa-based Bailey Family Foundation and a member of the University of Tampa Board of Trustees, helps operate a foundation founded by his father. His father formerly owned Strayer University. The foundation has awarded $15.6 million in scholarships to 2,350 students in Florida and Virginia. Bailey also manages real estate investments here and in the Washington, D.C., area. He graduated from the University of Tampa.

The family is committed to donating its fortunes to the education pipeline.

"It's rewarding what we're doing," Kyle Bailey said. "I hope it makes an impact."

$4.1 million

Davis Islands, Tampa

Bought: March 16

Buyers: Gregory and Vera Muzzillo

Basics: 6,460 sq. ft.; 5 bedrooms; 4 full baths; 2 half baths

Amenities: 245 ft. of waterfront, 11 grand oak trees, gourmet kitchen

Greg Muzzillo, 57, founded Proforma in 1978. The Cleveland-based company provides print and promotional products for business-to-business sales. With more than 600 franchises across the U.S. and Canada, the firm has served more than 50,000 clients in the fields of education, finance, food and beverage packaging, health care, manufacturing and retail, according to the company website.

$4 million

Bayway Isles, St. Petersburg

Bought: March 28

Buyer: Harry C. Stonecipher Trust

Basics: 6,585 sq. ft.; 4 bedrooms; 6 full baths; 1 half bath

Amenities: 180 ft. of waterfront, music room, marble floors, two boat lifts

Stonecipher, 75, was elected president and chief operating officer of Boeing in August 1997. He became vice chairman in May 2001 and retired June 1, 2002, according to the Boeing website. Stonecipher returned as president and chief executive officer in December 2003 and resigned in March 2005. He has also donated hundreds of thousands of dollars to battle homeless causes in Pinellas County.

$3.7 million

Pasadena Yacht Club, St. Petersburg

Sold date: Feb. 18

Buyers: Igor Tugbaev/Vera Tugbayeva

Basics: 5,672 sq. ft.; 5 bedrooms; 5 full baths

Amenities: 175 ft. of waterfront, mahogany woodwork, 2 boat lifts

The Russian couple declined to comment on the purchase. No information could be found on them through newspaper searches.

Sources: Hillsborough and Pinellas county records; My Florida Regional MLS; Times archives

$5 million

Davis Islands, Tampa

Bought: April 15

Buyer: Riviera LLC

Basics: 8,587 sq. ft.; 6 bedrooms; 7 full baths; 1 half bath

Amenities: Onyx floors, Italian stone columns, wine room

A man connected to Riviera declined to comment on whether he owned or lived in the house. Riviera bought the home from Elizabeth and Aram Guluzian, who at one time owned LIST Group Developers.

More pricey homes ahead

See the rest of the top 10 homes on the back page of this section, including the most expensive home, which sold for $9 million.

$5 million

Davis Islands, Tampa

Bought: April 15

Buyer: Riviera LLC

Basics: 8,587 sq. ft.; 6 bedrooms; 7 full baths; 1 half bath

Amenities: Onyx floors, Italian stone columns, wine room

A man connected to Riviera declined to comment on whether he owned or lived in the house. Riviera bought the home from Elizabeth and Aram Guluzian, who at one time owned LIST Group Developers.

     
         
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