Ron Rice, the late founder of Hawaiian Tropic, built an empire on suntan lotions. The Florida mansion where he hosted celebrity parties is now on the market for $5.99 million.

Rice bought the 1-acre property in May 1983 for $360,000, property records show.

He lived in the house for almost 40 years until his death in May, listing agent Bill Navarra from Realty Pros Assured told Insider. Rice was 81 when he died, per his New York Times obituary.

“There’s a northern structure that was built in the sixties and he bought both lots,” Navarra said of the property. “And then in 1985, he built the additional main living quarters.”

The estate was completed in 1987, per the listing. This is the first time the house has been on the market.

Houses in Ormond Beach have a median listing home price of $440,000, per data from real-estate platform Realtor.com. There are currently 448 single-family homes for sale, with prices ranging from $107,000 to $5.99 million — making Rice’s estate the most expensive listing in the area.

Rice’s estate did not immediately respond to Insider’s request for an interview, sent through the listing agent.

Rice grew up in the Blue Ridge Mountains of North Carolina, far from the sea and the sandy beaches associated with his brand.

After graduating from college, Rice became a high school chemistry teacher, coached football, and worked as a lifeguard on the side, per the New York Times.

It was during one of his lifeguarding shifts that he had the epiphany to create a product that could rival suntan lotion giant Coppertone, per The Washington Post. In a trash can in his garage, Rice mixed up a combination of oils until he nailed the formula that would eventually become hawaiian tropic suntan lotion.

By 2006, Hawaiian Tropic became the second-largest sun-care product company in the world with $110 million in sales, per the New York Times. A year later, Rice sold his company for $83 million.

Rice filled his home with life-sized animal sculptures, framed pictures of pageant competitors, and eclectic furniture.

“He’s traveled all over the world and got a lot of gifts from different people he’s met through his life,” Navarra said. “He wanted to enjoy them every day.”

Among the items Rice kept in his living room was the garbage can that started it all, per the New York Times. Only now, he had it plated in silver.

These items are not included in the sale of the house, Navarra said.

Part of Hawaiian Tropic’s success can be attributed to Rice’s guerilla marketing tactics, which included running beauty pageants, sponsoring race-car drivers, and securing product placements in Hollywood films.

Rice ran the annual Miss Hawaiian Tropic contests from 1983 to 2010, with celebrity judges that included former US president Donald Trump — who met his second wife Marla Maples when she was a contestant, per the New York Times.

Recounting his first pageant, Rice told Knoxville News Sentinel that “it was magic.”

“I had unlimited girls … beautiful girls … wanting to be one of our Hawaiian Tropic models,” Rice said. “I had to choose, and they were just throwing themselves at my feet to be one of our models.”

Rice’s other marketing stunts included plastering the brand on a Porsche 935 that Paul Newman drove at the 1979 Le Mans and on a No. 1 Hawaiian Tropic Oldsmobile that racing driver Donnie Allison famously wrecked at the 1979 Daytona 500.

“We were making money hand over fist,” Rice told Knoxville News Sentinel in 2020. “We didn’t know what to do with it.”

Rice’s mansion was designed for entertaining, and the founder put it to work.

The indoor pool is flanked by two angel statues, and it’s connected to an outdoor pool so guests can swim in and out, Navarra said.

Names on Rice’s party guest list included celebrities and professional athletes of the day, such as OJ Simpson, Joe Pesci, and Jerry Lee Lewis, per The Daytona Beach News-Journal.

There are four bedrooms in the house. The primary suite has 180-degree views of the ocean.

“I became friends with him over the years of selling real estate with him,” Navarra said of Rice. “He had such unique styles of doing business.”

There was one occasion when the business mogul had problems getting a local surf shop to carry his products, Navarra said, recounting a story Rice once told him.

“He sent several of his models there, and they all went in and asked for the same product,” Navarra said.

Rice ended up striking a deal with the store owner, Navarra added: “And Ron said, from that point forward, that became one of his top-selling surf shops in Daytona Beach.”