Devmar Development

About Devmar Development

Devmar Development is a real estate operator headquartered in St. Petersburg, FL.

DevMar Development operates multi‑family, luxury residential real estate projects in urban markets across Florida. The company emphasizes comprehensive development stages—including market and site selection, acquisition, design and design development, planning and entitlement, construction management, marketing, and asset management—spanning the full lifecycle of each project. Their portfolio includes developments such as The Metro and Sky in St. Petersburg, RainDance in Winter Haven, Vantage in both St. Petersburg and Fort Myers, and Breeze in Winter Haven, indicating a focus on mid‑sized cities within the state. The company’s principal leader, Mark DeMaria, brings more than 20 years of development and construction experience and reports having completed a portfolio exceeding US $600 million across multi‑family ground‑up projects. The executive team includes a CFO who has underwritten and financially managed over US $200 million in projects, and a construction VP with a personal project experience exceeding US $2.25 billion.

Principals at Devmar Development

Markets and themes