"Trader" Jack Pearsall and a partner opened the Santa Madeira. Previously known as the Brown Derby, the restaurant was capable of serving up to 600 patrons. A Victorian style banquet room was often used for weddings and other special events. Inside, it was easy to be beaconed back to the days of the great dance halls. On April 30th, the ship was raided by treasure seekers as all of its contents, inside and out, went to auction. In its belly was a vast assortment of nautical items, ranging from a brass diving suit, to model ships that decorated the dining room. Massive cannon replicas that tried to protect the boat from invading chain establishments also went. As is the latest trend of failing Florida icons, management blamed the closure on an attendance drop since 9/11. In truth, the restaurant was a dying breed and so were its patrons. The Santa Madeira seemed to lack an appeal for younger generations, leaving its meal ticket to a flock of early birds. Many of them seemed nostalgic in quotes they gave to local newspapers, recalling times when they had their anniversary or birthday at sea. As is the case with much fleeting Florida roadside, the land is slated for condominiums. County appraisers have estimated the property at $1 million and current owner John Georgi is moving full speed ahead to close a deal with developers. The Santa Madeira 601 American Legion Drive St Petersburg, FL In the neighborhood - rooftop pirate