Nautico and Maximo Marina, both in south St Petersburg, Florida, have been marketing their slips and “high and dry” storage as dockominiums – pay to own. Nautico is a new facility and Maximo Marina has been a rental marina for years, but recently ousted the boats in the rental slips in order to sell the slips. The current market is not accepting this concept here. So, both facilities, owned by Frank Maggio and his enterprises, have thrown in the towel, returned the deposits of potential slip buyers, and decided to rent out the slips. Since previous slip renters have had to make alternate arrangements and move their boats, I wonder how receptive they’ll be to returning.