Water’s Edge is 75 percent sold; Only 35 homes remain available for sale

January 11th, 2012

Clearwater, Fla. – (January 11, 2012) – As the fastest-selling condominium community in Pinellas County, Water’s Edge is quickly becoming the Tampa Bay area’s real estate success story of the year. Fully half of all competitive property condo sales in Clearwater are happening at Water’s Edge.

With one home sale about every five days since the project was reopened for sales in July 2010, Water’s Edge has made a strong comeback in the market. “Our sales numbers prove that buyers are looking for the perfect combination of value and luxury in a waterfront setting,” says Dave Traynor, sales director, Smith & Associates Real Estate.

The community is now more than 75 percent sold, with just 35 of the building’s 153 residences available for purchase. Sales projections have the community sold out by mid-2012.

Rising 26 stories above Clearwater Harbor, Water’s Edge is quickly becoming home to residents eager to enjoy the incredible views of Florida’s Gulf Coast, the world-famous Clearwater Beach, and the active lifestyle surrounding them.

“With FHA and Fannie Mae financing available, we’re able to offer luxury living with incredible views and convenient access to the beach,” says Grant Wood, asset manager for Water’s Edge. “And although many people have taken advantage of this one-of-a-kind opportunity and tremendous value, there’s still prime inventory available in premier locations throughout the building, including penthouses.”

With many nearby condominium towers already sold out, Water’s Edge is one of the last opportunities to purchase a new construction home in a high-rise community in Pinellas County. Few other new buildings have homes available for sale, and no new projects are currently under construction, according to Bob Glaser, chief executive officer, Smith & Associates Real Estate.

 

Fabulous amenities, remarkable value

For buyers who want first-class luxury and are also practical in their desire to take advantage of a tremendous value that far surpasses comparable waterfront properties, Water’s Edge offers both.

Perched atop the landmark bluff overlooking Clearwater Harbor, residents enjoy amazing water views through their expansive windows or while relaxing on their covered terrace and avoid unpredictable, congested beach traffic. At the foot of the building lies the new Memorial Causeway Bridge to Clearwater Beach with pedestrian and bicycle access to the beach, along with the new 126-slip Clearwater Harbor Marina, tennis courts, and Coachman Park (site of the internationally acclaimed Clearwater Jazz Festival).

Amenities begin with a fully equipped fitness center, secure gated entry, 24-hour concierge, and two covered parking spaces and an air-conditioned storage space per home. The building offers high-quality construction – including hurricane impact glass – and, unlike beach properties, is not located in a flood zone. An outdoor fireplace on the private pool deck along with heated pool and spa, poolside pavilion and cabanas all with water vistas accent the casual style that the area represents.

An additional benefit for buyers is that this friendly, vertical community is stable; boasting no foreclosures, no Association delinquencies, funded reserves and only a few limited rentals.

Two- and three-bedroom residences range from 1,331 to 3,400 square feet, with prices ranging from $205,000 to $1.575 million, and feature exceptional interior details including open plan kitchens and luxurious master suites.

For more information or to schedule an appointment with Smith & Associates Real Estate to see Water’s Edge, call 727-290-4646 or visit www.ClearWatersEdge.com.

 

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Water’s Edge Mirrors Consumer Confidence with 50% SOLD

March 17th, 2011

Water’s Edge luxury condominiums, a catalyst in the Downtown Clearwater renaissance, is now one of the most popular selling luxury properties in Tampa Bay, with its sales mirroring consumer confidence.

March 16, 2011, Tampa Bay (Clearwater), FL — According to Tampa Bay Business Journal, nationwide consumer confidence has risen to 60.6, the highest it has been since May 2010. Florida consumer confidence has also risen – 77, up from 70 in December. This security in the economic future is leading Americans to purchase items they would not have purchased during the recession – such as real estate. Case in point: condo sales have increased 11% in Florida. Water’s Edge, the 26-story Downtown Clearwater landmark, now has over half of its units sold.

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City of Clearwater Honored with 2010 Recreational Boating Access Award

January 26th, 2011

NEWS from BoatUS: Boat Owners Association of The United States

CLEARWATER, Fla., January 19, 2011 –- Sometimes the road to improving boating access for a community is filled with curves and stop signs. In Clearwater, Florida, that long road goes back to 2000 when the first public referendum on building a new public dock facility failed. City officials went back to the drawing board and finally achieved success with a third referendum in 2007 that resulted in today’s new public dock facility in the heart of downtown.

For its ability to bring much needed boating access that includes 126 permanent slips, over 1500-feet of “side-tie” docks for overnight stays and 650-feet of free “side-tie” dockage for day use, the City of Clearwater is honored with a 2010 BoatUS Recreational Boating Access Award.

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Water’s Edge Building “Lit Up Like a Christmas Tree”

December 17th, 2010

At the Water’s Edge Grand Re-Opening in July, in which the Downtown Clearwater landmark announced the once in a lifetime opportunity of half off prices, Maxwell Drever of Concierge Asset Management promised to more than 700 guests in front of the resort-style pool the building would be” lit up like a Christmas tree” come December. Less than five months later, over 50 families will be opening presents in a new home this year.

During the Grand Re-Opening of Water’s Edge on July 29th, Mr. Maxwell Bruce Drever of Concierge Asset Management stated he would like to see the once near-vacant building lit up like a Christmas tree come December. On December 3rd,with lights ablaze all throughout the tower, Water’s Edge held a reception for residents and potential residents which coincided with another initial catalyst for the Downtown Clearwater Renaissance, the Miracle on Cleveland Street. With the addition of FHA loan approval making the luxury residences more obtainable, over 50 families are now calling Water’s Edge home.

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Maxwell Drever’s back in buy mode

November 2nd, 2010

“Clearwater ghost comes back to life,” a local business journal declared above a story about Concierge Asset Management’s purchase at the beginning of July of a long-dark condo tower in the economically troubled city on the Gulf Coast of Florida. And, the Tampa Bay area’s Bay 9 TV featured Drever, Concierge’s founder and chairman, in the evening news after the classy grand re-opening of the 153-unit Water’s Edge drew nearly four times more attendees than anyone had expected at the end of July.

“I was pleasantly surprised when I heard we were getting a lot of RSVPs,” said Drever of the re-introduction to the market of the distressed condo asset that attracted nearly 750 attendees.

“Most local people told us we would be lucky if 150 showed up,” said the four-decade veteran of the multifamily business who made a 300 percent return, along with nine of his friends, on his first apartment investment in a Sausalito, Calif., triplex in 1967, kicking off a career that has earned him a reputation for an almost uncanny feel for when to get in and out of the acquisitions game. Read the rest of this entry »

Water’s Edge Receives FHA Approval

October 12th, 2010

A program which began during The Great Depression has the potential to add more fuel to the “selling fire” of Water’s Edge Luxury Condominiums in Downtown Clearwater. Read the rest of this entry »

New Downtown Clearwater Boat Slips Open

September 3rd, 2010

By Melissa Eichman, Reporter

Clearwater — Just a few years ago, it was hard to find a place to park a boat near Downtown Clearwater because of a dearth of boat slips. Read the rest of this entry »

The Downtown Clearwater Boat Slips Ribbon Cutting Scheduled

August 25th, 2010

IMMEDIATE RELEASE
Aug. 17, 2010
Contact: Krystal Schmidt
(727) 562-4834

The Downtown Clearwater Boat Slips Ribbon Cutting Scheduled Read the rest of this entry »

Elevating Luxury Waterfront Living to New Standards… At Amazing Prices

August 20th, 2010

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Water’s Edge welcomes new marina and park

August 20th, 2010

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