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An extraordinary waterfront estate at the tip of the peninsula, this iconic Mediterranean residence commands nearly 200 feet of direct open-water frontage in Tierra Verde’s coveted Sands Point community. Known as the “Magic Mike House” for its on-screen cameo in the film, the property offers sweeping views of the bay and the dramatic silhouette of the Sunshine Skyway Bridge. Behind private gates, this walled compound features a rare separate guest casita. Showcasing timeless sophistication, meticulous craftsmanship, and rare amenities—including two elevators—this residence blends refined architectural details with expansive entertaining spaces to deliver coastal luxury reimagined for modern living. Step into the dramatic great room featuring soaring two-story ceilings, Saltillo-tile flooring, breathtaking views, and a striking limestone fireplace that flows seamlessly to dining and lounge areas with an impressive concave window offering panoramic bay vistas. The expansive living level includes dual offices or flex space, a primary-suite wing with a stunning custom dual closet and dressing area, an indulgent bath with a walk-in shower, and a private waterfront terrace. A well-appointed media room with surround sound, wet bar, and beverage station complements the main level. Private spaces on the upper level include a grand guest quarter (casita) with a separate elevator, two en-suite guest bedrooms, a living room, dining space, a secondary bar and lounge, and a second laundry—providing exemplary accommodations for extended family or guests. There is an additional bonus room on the upper level, along with two additional guest bedrooms, each with access to the waterfront terrace and rooftop for 360-degree vistas. Outdoors, experience private resort-level allure with a heated saltwater pool and spa, accessible via dual staircases. The ground-level wet bar and covered lanai offer exceptional poolside dining and entertaining areas. Engage with abundant marine life while preparing for a glorious day on the open water from a full-service dock. Additional appointments include impact-rated doors and windows, dual elevators, an Elan Smart Home System, automated window treatments, a whole-home generator, Lutron lighting, a water-purification system, a 5+ car garage, a portico, and exterior video security. Close to the country’s top-rated beaches, Tierra Verde Marina, Shell Key, and 15 minutes to Downtown St. Petersburg, with the very best of the area’s sports venues, shopping, dining, and recreation mere minutes away. Boasting easy access to the Gulf in this revered coastal location, the ultimate Florida waterfront lifestyle awaits.
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $7,840,000 | $7,840,000 | $7,840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.428% | 6.110% | 5.932% |
| Monthly Tax Payment | $4,519 | $4,519 | $4,519 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $45,131 | $47,005 | $65,104 |
| Total Monthly Payment | $49,775 | $51,649 | $69,748 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.