If Tom Brady and Gisele Bundchen Divorce, What Happens to Their Real Estate?
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It looks like it’s game over for Tom Brady and Gisele Bündchen.
According to Page Six, the seven-time Super Bowl champion and the supermodel have each hired divorce lawyers amid rumors of a crumbling marriage. The couple have been married for 13 years and have two children together.
And while news of a divorce hasn’t been officially confirmed by the couple, we have to wonder about the fate of their multimillion-dollar real estate holdings. How would Brady and Bündchen choose to divide up their many homes?
Many factors come into play, notes Bruce Ailion, a real estate agent and attorney in the Atlanta metro area. They depend on the state where the couple decide to file for divorce and whether the real estate was acquired before or during their marriage.
Per news reports, Brady and Bündchen would likely file in Florida, an equitable distribution state. This means the couple will probably end up with an equitable split of their real estate assets.
Of course, an equal split doesn’t mean they’ll have to share the homes. One spouse may get to keep a home in exchange for buying out the other spouse’s share of the home. Brady and Bündchen may also choose to sell certain homes and divide the proceeds.
Jennifer Lenz, managing director at Dolly Lenz Real Estate in New York City, agrees that the two will likely go halfsies.
“Lawyers have told us they’ll review the prenuptial agreements to make a determination of assets and then will likely appraise all the properties and divide them in an agreeable manner,” Lenz explains.
Also part of the equation is whether loans were taken to secure any of the homes.
“One party getting an $8 million property with no loan isn’t fair if the other party gets an $8 million house with a $7 million loan attached,” Ailion points out.
The photogenic couple have quite a diverse real estate portfolio, from a luxe condo in Manhattan to a hilltop beach home in Costa Rica. Here’s the lowdown on their most high-profile holdings and some predictions as to who will likely take each property should they decide to split their assets.
Indian Creek Island property in Florida: Brady
(Realtor.com)
(Realtor.com)
In December 2020, Brady and Bündchen paid a whopping $17 million for the chance to live in the exclusive seaside enclave known as Billionaire’s Bunker near Miami. This 2-acre property has a 5,100-square-foot house on it already, but the pair planned to demolish the house and start over with their own eco-friendly design.
However, with news now circulating of the couple’s split, it seems construction on the property has halted.
Since Brady is currently the quarterback for the Buccaneers, who are based in Tampa, FL, we likely see him taking this property, especially if he surprises us all (again) and decides to play in the NFL for yet another year.
New York City condo: Bündchen
(Realtor.com)
The pair are partial to this particular building in the Tribeca neighborhood of Manhattan. At one point, they owned two units in the swanky 70 Vestry: a five-bedroom, 4,647-square-foot spread on the 12th floor and a smaller 12th-floor apartment that they bought for $3.5 million.
Brady and Bündchen famously unloaded the larger condo last year for $37.8 million, but the pied-à-terre is still in their possession.
We’re moving the downtown pied-à-terre into Bündchen’s portfolio since she reportedly splits most of her time between New York City and Miami.
The building is known for its luxe amenities, including a private porte cochere entrance, which will surely come in handy to keep out prying paparazzi.
Big Sky, MT, retreat: Brady
Brady has been known to hit the links and enjoy the great outdoors at the ultraexclusive Yellowstone Club in Big Sky, MT, which counts other A-listers like Justin Timberlake, Ben Affleck, and Bill Gates as members.
Throughout the years, Brady has posted photos on social media of him spending time at the mountain retreat. It’s not known how much the couple paid for their property there. Small condos start at $5.7 million and can run to $30 million. Plus, members have to pony up $300,000 just to join this club (plus $36,000 a year in dues), as well as own property.
Considering Brady has invested years into the club, we see him retaining his membership and the home they own there.
Nicoya Peninsula, Costa Rica: Bündchen
When the couple wanted to really go off the grid, they’d venture to their Central American home near the beachside town of Santa Teresa. Once a happy place for the pair (they even had a second wedding ceremony there in 2009), it might now be split up or sold.
If the court awards the property to anyone, though, it’ll likely be Bündchen, who has called it her “go-to spot.” In 2010, she was photographed at the home by Vogue and told the glossy she and Brady have been vacationing there since 2007.
One thing is for sure: This tropical paradise will be an ideal place to recharge after the divorce is finalized and the dust settles.
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