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Melsom Group, LLC
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Innovative Real Estate and Development Solutions

MAXIMO MARINA, ST. PETERSBURG, FLORIDA

MELSOM GROUP, LLC | MAXIMO MARINA, ST. PETERSBURG, FLORIDA

Description:

Maximo Marina is a full service marina, located in St. Petersburg, Florida, providing direct access to the Gulf of Mexico. The existing marina provides wet and dry slips, as well as sales and a full complement of service facilities. In the employ of the developer, Mr. Robert Melsom, of TMG, was also acted as Interim Director of Operations; which also involved procuring property (from Lloyds of London) and liability insurance, during the busy 2004 Hurricane Season.

Services Provided:

  • Pre-Purchase Due Diligence, both the physical asset and the ongoing business concern
  • Contract Negotiation/Administration/Closing Coordination
  • Programming Studies, including development concept plan
  • Facility Evaluation, of the existing improvements
  • Economic Feasibility Studies, prepared operating proforma, and lease analysis
  • Budgeting, for redevelopment, and hurricane damage
  • Development Schedules
  • Team Procurement
  • Acquisition/Development Loan Procurement, from Gold Bank, NKA M&I
  • Equity Procurement, coordinated same with Case Pomeroy (equity partner)
  • Market Studies, for slip rental and sale rates
  • Operations, Interim director of operations

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