Tom Brady Refinances $35 Million Mortgage on Indian Creek Estate

The Real Deal

Tom Brady Refinances $35 Million Mortgage on Indian Creek Estate

Tom Brady, the legendary quarterback with seven Super Bowl wins, recently secured a new loan for his waterfront property in Indian Creek Village. Citizens Bank is financing the estate located at 26 Indian Creek Island Road.

Tom Brady Refinances $35 million Mortgage on Indian Creek Estate

This new loan likely replaces a $35 million construction loan Brady obtained from J.P. Morgan Bank in June 2023. The original loan had an 8.25% interest rate during construction and matured in June 2025.

The new loan offers a significantly lower interest rate, starting at 5.63%. Payments won't begin until August 2035, with the first interest rate adjustment happening in 2031. The loan matures in 2054, assuming Brady keeps the property and doesn't refinance.

Estate Details

The LLC that owns the property includes wealth manager Brian Blanchard of SCS Financial, who signed the latest mortgage.

Tom Brady Refinances $35 million Mortgage on Indian Creek Estate

Plans for the estate, situated in the exclusive Indian Creek Village, include a two-story main house with a separate gym, cabana, sports court, study, waterfront pool and spa, outdoor kitchen, gardens, and a tree-lined driveway leading to a multi-car garage. Renderings show the home will also have private terraces for the primary and guest suites. Construction appears to be ongoing.

Property Purchase

Brady purchased the nearly 2-acre lot with his then-wife Gisele Bündchen in 2020. They used an LLC connected to Jeff Soffer's Fontainebleau Development to acquire the property. Soffer, a close friend of Brady's, resides next door at 27 Indian Creek Island Road.

Tom Brady Refinances $35 million Mortgage on Indian Creek Estate

Bündchen owns a separate waterfront residence across the waterway on Biscaya Drive in Surfside. She also has a non-waterfront home in Surfside and a large equestrian estate in Southwest Ranches.

Indian Creek Village: A Haven for the Wealthy

Indian Creek Village, a longstanding haven for the ultra-wealthy, has seen a recent influx of even more affluent residents. Last year, Jeff Bezos, founder of Amazon, purchased three waterfront estates in the area for a staggering $234 million.

Tom Brady Refinances $35 million Mortgage on Indian Creek Estate

Additionally, DJ David Guetta is reportedly under contract to buy a waterfront property on the same street for $69 million. Ivanka Trump and Jared Kushner also recently completed renovations on their waterfront mansion, neighboring Guetta's future residence.

 

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