Watermark Buildings 5 & 7, located at 5415 Mariner St. and 5420 Bay Center Dr. in Westshore, sold for $8,000,000.00. This transaction is the result of Ross Realty Group’s sales efforts for the Seller, Watermark Acquisition Group, LLC. The Buyer, Woodfield Acquisitions, LLC, is planning to redevelop the 2.84-acre property with 277 apartments. This new development will be 7 stories plus neighborhood commercial space on the corner of Hoover and Mariner and include an integrated parking deck.
Elliott M. Ross, CCIM represented the Seller in this transaction.
About Elliott M. Ross, CCIM
As President of The Ross Realty Group, Elliott is best known for his expertise in the sales and acquisition of commercial investment properties and consistently ranks among the top commercial dealmakers in West Central Florida. Elliott has received CoStar Power Broker and Florida Gulfcoast Commercial Association of Realtors Top Producer awards many times.
His 45+ years of experience in Tampa Bay and his commitment to providing best-in-class client services have resulted in numerous multimillion-dollar transactions. Elliott represents financial institutions, owners’ associations, and individual investors in all types of commercial real estate transactions.
Elliott M. Ross, CCIM, Ross Realty Group
(813) 755-6700 • Elliott@RossRealtyTampaBay.com