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A Highly Experienced Development Team Dedicated to Providing the Best Living Experience for Each Owner
Welcome to Waterside at Coquina Key - a rare combination of waterfront lifestyle, value, and the opportunity to live in an established island community.
Waterside has always been a highly sought after lifestyle destination. It is an incredibly vibrant and strong community that has already achieved over 80% occupancy. The development team members at Waterside each have a long and successful history of developing unique real estate projects, and Waterside is their crown jewel.
Today, the sales efforts reflect incredible value pricing, as Waterside remains one of the most sought after communities to call home with unparalleled water views from each residence. You will see that the community is managed by a highly professional staff and boasts resort-style amenities just minutes away from downtown St. Petersburg's acclaimed restaurants and attractions. It's easy to see how taking advantage of this incredible value is a smart buyer's choice.
1. Our homes are occupied. And filling up! Over 80% of the homes at Waterside are currently sold out / occupied. Demand for homes at Waterside remains strong given the quality, water views, and pricing currently being offered.
2. We are the first - and only owners. Waterside at Coquina Key is still owned and led by the original team of developers, a joint venture of three well-known, experienced and highly respected development organizations: Marathon Real Estate, Prospect Capital Group, and the Robert Martin Company. With professional management and oversight, exclusive financing options and unbeatable incentive programs, the development team is dedicated to providing the best experience, the best community, and the best management possible for each and every resident at Waterside.
3. Strength in community. Current owners have created a strong community of neighbors with shared interests and "Waterside pride". Our Homeowners' Association ("HOA") board takes a very active role in ensuring the day-to-day satisfaction of residents and the financial health of the overall community, and as a result, the HOA today has notably strong reserves for long-term maintenance and other costs. We invite you to learn more about the strength of the HOA.
About The Developers
Marathon Real Estate is the real estate private equity arm of Marathon Asset Management, LLC, which manages over $9 billion of capital through offices in New York, London and Singapore. Marathon Asset Management was founded in 1998 and has 150 professionals worldwide. Marathon Real Estate is currently active in the development and ownership of residential, office, industrial, parking and hotel properties in the United States, Canada and Europe. Marathon Asset Management LP is a Registered Investment Adviser (RIA) with the Securities and Exchange Commission (SEC).
Prospect Capital Group is a Connecticut based entrepreneurial investment firm founded in 1995 which focuses on turn-around opportunities in the office, retail, and residential segments. Prospect has over $350 million committed to projects in Georgia and Florida. Each principal of Prospect Capital Group has over 20 years of experience in the development of luxury residential properties with a keen focus on design, architecture, and amenities.
Founded in 1957, the Robert Martin Company has a long and distinguished history in real estate development. The Company and its partners have developed and acquired over 20 million square feet of property nationwide. The Company's current holdings include a significant residential and office portfolio. Widely regarded as a pioneer in multi-family residential, suburban, office park and mixed-use urban renewal projects, the real estate and investment firm is active in South Florida and the New York metropolitan area.
Working together for over four years at Waterside at Coquina Key, these original developers have re-created a unique waterfront property and continue to carefully manage and oversee the community to ensure its long-term success. The development team is dedicated to providing the best living experience for each owner and they welcome you to the community!
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