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Melsom Group, LLC
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Innovative Real Estate and Development Solutions

NAUTICO MARINA, ST. PETERSBURG, FLORIDA

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

Description:

This project involved the redevelopment of Huber’s Marina, and the Bent Pine Condominium Community. Nautico NKA Loggerhead Marina is a full service marina, providing a full compliment of services and facilities, and 72 multi-family pad sites, located in St. Petersburg, Florida. In the employ of the developer, Mr. Robert Melsom, of The Melsom Group, was responsible for managing all of the services noted below, and acted as Interim Director of Operations.

Services Provided:

  • Pre-Purchase Due Diligence, both the physical asset and the ongoing business concern
  • Contract Negotiation/Administration/Closing Coordination
  • Programming Studies, including development Architectural Theme
  • Entitlements, Rezoning, Site and Development Plan, FDEP, ACOE, for marina component
  • Pre-Construction
  • Facility Evaluation, of the existing improvements
  • Economic Feasibility Studies, prepared Real Estate Development Proforma
  • Budgeting, for redevelopment
  • Development Schedules
  • Team Procurement
  • Acquisition/Development Loan Procurement, from Bank Atlantic
  • 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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