NFL’s Poster Boy Tom Brady Takes Up $35,000,000 Construction Loan to Spice Up His Bachelor Life Despite Lofty Rate of Interest

A new chapter has begun in the ever-evolving saga of Tom Brady, where touchdowns and records intertwine with personal milestones. The legendary quarterback has made headlines once again, this time for his intriguing real estate-related financial decision. TB12 took out a huge construction loan to build a bachelor pad after halting construction on his previous property with his former wife, the stunning Gisele Bündchen. And it might not be Brady’s best decision, given the current market rates.

The question had always been on everyone’s mind. Would TB12 embrace a lavish and opulent design for his bachelor pad, reminiscent of his stellar football career? Or would he surprise us all, opting for a more understated and humble abode that reflects his grounded personality off the field? Well, the answer is finally here.

Single Tom Brady has bigger plans than what he envisioned with Gisele Bündchen

Brady fans knew something was in the works when the former NE Patriots and Tampa Bay Buccaneers quarterback rented a luxury condo in the Miami area days before retiring from the NFL. Well, his permanent abode is still in construction mode. And recently, Tom Brady took out a $35 million construction loan to complete the lavish Indian Creek Island project.

The two-story single-family residence comes with a “security building, gym, cabana, pool, sport court, emergency, landscaping, and a septic system,” according to the documents obtained by the New York Post.

However, what surprised many was Brady’s decision to take out the $35 million construction loan, despite the whopping interest rate. TB12’s loan will be levied at an 8.25% annual interest rate. “Brady obtained the fresh cash from JPMorgan Chase using a covert LLC,” as per Miami Condo Investments.

Brady’s bachelor pad is a redesigning of his marital home with Bündchen, that spanned over 17,000 square feet. However, the 7x Lombardi winner has taken it a notch up. His bachelor pad covers nearly 20,200 square feet, as per the records.

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This doesn’t sound too surprising, given the Brazilian bombshell, Gisele Bündchen’s post-divorce real estate splurge last year, right across from Brady’s luxurious abode.

Gisele and Brady put their minds on their individual homes after their marital property construction terminated

Brady and Bündchen bought their 2-acre Indian Creek Village plot for $17 million in 2020. However, their plans took a reverse turn after the power couple divorced in October 2022. The construction project halted and all the “people who worked on the property have been paid and all lienors have been paid in full for work and materials provided through the date hereof,” according to the Post documents.

Days after their October divorce, the former Victoria’s Secret supermodel spent $11.5 million on a waterfront property at Surfside. The 6,600-square-foot house, built in 1981, is located right across from Brady’s future Miami bachelor pad, to aid in the co-parenting plan for their children.

$400 million worth Bündchen didn’t feel the financial hit. Brady has also invested in WNBA and NFL franchises recently. And with a $375 million 10-year deal waiting with Fox, the huge loan interest rates will probably not bear a significant impact on the retired NFL icon’s net worth, either.

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